SAG-AFTRA members and supporters chant outside Paramount Studios on day 118 of their strike against the Hollywood studios on November 8, 2023 in Los Angeles, California. Mario Tama | Getty ImagesBefore the actors' union reached a labor deal with studios Wednesday night, Disney CEO Bob Iger told CNBC's Julia Boorstin...
WNBA and MLB players take part in Fanatics' weeklong business immersion program.Source: FanaticsFanatics is helping professional athletes transition to life after the final buzzer — or pitch, or whistle.The company is expanding a pilot program to offer business education and exposure to players with the WNBA and MLB via...
Check out the companies making headlines before the bell. Virgin Galactic — Shares rose nearly 9% after the space tourism company beat third-quarter expectations . Virgin Galactic posted a loss of 28 cents per share, versus the 43 cents per share loss expected by analysts polled by LSEG. Revenue...
Astra tests a rocket at its headquarters on the San Francisco Bay in Alameda, California.AstraThe founders of struggling space company Astra have offered to take the company private at a value of about $30 million, according to a securities filing on Thursday.Chris Kemp, chairman and CEO, and Adam London,...
SAG-AFTRA members walk the picket line on the 100th day of their ongoing strike outside Paramount Studios in Los Angeles, California, October 20, 2023.Mario Anzuoni | ReutersHollywood's actors and studios have a preliminary labor agreement."In a unanimous vote this afternoon, the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with...
United Airlines planes at Denver International Airport.Leslie Josephs/CNBCUnited Airlines plans to make it easier for customers to earn elite status through co-branded Chase credit cards, the latest airline to tweak its lucrative frequent flyer program to reward big spenders.The airline isn't changing overall requirements for elite frequent flyer status...
Brie Larson stars as Carol Danvers aka Captain Marvel in Disney and Marvel's "The Marvels."DisneyIt was always going to be tough to top "Avengers: Endgame," but what has spilled out from Disney and Marvel Studios in the wake of that epic has left fans discouraged about the franchise.There was...
Emirates airlines Boeing 777-31H(ER) takes off from Los Angeles international Airport on January 13, 2021.Aaronp / Bauer-Griffin | GC Images | Getty ImagesDUBAI, United Arab Emirates — Emirates Group posted its highest-ever half-year earnings, reporting net profit of 10.1 billion dirhams ($2.75 billion) for 2023-24 on rebounding demand.The figure...
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation.Tomohiro Ohsumi | Getty ImagesSoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.Here's how SoftBank did in the September quarter against LSEG estimates:Net sales: 1.67 trillion Japanese...
The worldwide leader in sports still has some juice.ESPN operating income surged 16% from a year ago to $987 million in Disney's fiscal fourth quarter — the first time Disney has ever broken out the sports division's finances. Revenue in the segment grew 1% year-over-year to $3.8 billion.Disney also...