Mark Zoradi, CEO of major exhibitor Cinemark and a former longtime Disney executive, sees some familiar elements on the summer release calendar, which he sees as a potential Covid-19 recovery turning point. “The last weekend in May, in that traditional beginning of summer, you have Cruella from Disney and you […]
Fertility startup Maven announced Friday it was offering to deliver fertility drugs to its members in a new partnership with pharmacies Alto and SMP. On Wednesday, mental health startup Ginger also announced psychiatric prescription delivery in partnership with another pharmacy startup, Capsule. The moves highlight a key area of growth […]
US GDP could grow in 2021 by the most in decades, New York Fed President John Williams said. Strong stimulus and continued vaccination stand to supercharge the nation’s economic rebound, he added. Still, he warned that minorities and low-earners face a tougher return to pre-pandemic employment. Visit the Business section […]
Job sharing, which can boost female representation in senior jobs, has grown 35% in the UK since 2012. But it’s still not widely available, with just 2% of US employers offering it to all or most staff. Two women set out to Insider the three key pillars everyone should follow […]
Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year. Leading consumer electronics firm Xiaomi has enlisted three original equipment manufacturers (OEMs) to boost its supply […]
President Joe Biden, who vowed before swearing in that his administration will get 100 million COVID-19 vaccine shots in people’s arms within 100 days of assuming office, announced Thursday that half the target, or 50 million shots, were administered in just 37 days. “That’s weeks ahead of schedule, even with […]
It has now been 10 weeks since the first shipments of the COVID-19 vaccine were sent out to states, kicking off the largest vaccination campaign in human history. As of Feb. 24, 82,114,370 doses of the vaccine have been sent out across the country — equivalent to 25.1% of the […]
WASHINGTON (Reuters) — Amazon.com Inc agreed to pay more than $61.7 million to settle allegations it cheated Amazon Flex drivers out of nearly one-third of tips from customers for more than two years, the Federal Trade Commission said on Tuesday. The money paid to the FTC will be used to […]
Virgin Galactic was targeting as early as Feb. 13 for the spaceflight test, which represents a repeat of its flight attempt in December that was cut short by an engine anomaly, but delayed it to May due to further corrective work needed. The space tourism company reported an adjusted EBITDA […]
Best Buy CEO Corie Barry on Thursday laid out how the company is transforming its workforce, store fleet and sales strategy to focus more on e-commerce. The retailer laid off thousands of store employees and is testing stores with a smaller sales floor. It plans to shrink its store footprint […]
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