Hollywood writers strike to end on Wednesday as WGA, AMPTP in deal

Striking WGA (Writers Guild of America) members picket with striking SAG-AFTRA members outside Paramount Studios on September 18, 2023 in Los Angeles, California.Mario Tama | Getty ImagesHollywood writers and studios have finalized the language of a tentative contract that will lead to the end to a nearly 150-day labor...

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Costco (COST) earnings Q4 2023

Costco on Tuesday reported quarterly earnings that topped Wall Street's expectations, as shoppers turned to the membership club for groceries but bought fewer big-ticket items.On an earnings call, Chief Financial Officer Richard Galanti said shoppers made more trips to the retailer's stores, even as they spent less. He said...

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Target says it will close nine stores, citing violence and theft

A Target department store in North Miami Beach, Florida, on May 17, 2023.Joe Raedle | Getty ImagesTarget said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime.The company will close one store in New York City's Harlem neighborhood,...

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Barry Diller says fair use needs to be redefined to address AI

Slamming the tentative labor deal between Hollywood writers and studios, media mogul Barry Diller on Tuesday laid out his biggest bone of contention with generative artificial intelligence.Diller, chairman of IAC and Expedia, called for the law to be redefined to protect published material from capture in artificial intelligence knowledge-bases."Fair...

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SIRI, CTAS, UNFI and more

A customer uses an ATM at a Wells Fargo Bank in San Bruno, California, on April 14, 2023.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Cintas — Shares fell 4.8% after the company reported its 2024 fiscal first-quarter earnings. The corporate apparel company posted $3.70...

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Working women health-care costs far outpace men, study says

Luis Alvarez | Digitalvision | Getty ImagesHigh health care costs are hitting women in the U.S. workforce much harder than men.Working women spend $15.4 billion more in out-of-pocket health expenses annually compared to their male counterparts, according to a new analysis of employer-sponsored health plans from Deloitte Consulting.The study...

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