The highly anticipated release of Disney and Marvel’s “Deadpool & Wolverine” has exceeded expectations with a staggering $38.5 million in Thursday previews. The film is on pace for a domestic debut exceeding $150 million, potentially setting a new record for an R-rated film. As the latest addition to the Marvel Cinematic Universe, “Deadpool & Wolverine”
Business
Southwest Airlines recently announced a potential drop in unit revenue for the third quarter due to an oversupplied U.S. market, resulting in discounted ticket prices during a typically lucrative time of the year. The airline projected a decrease in unit revenue of up to 2% compared to the previous year, along with a potential rise
Chipotle Mexican Grill recently reported its quarterly earnings and revenue, exceeding analysts’ expectations. The company experienced higher traffic at its restaurants, which helped drive its strong performance. Despite concerns about the health of the restaurant industry and a recent stock split, Chipotle’s stock rose about 13% in extended trading before settling around 3% higher. In
The recent introduction of the “Pharmacists Fight Back Act” by bipartisan lawmakers signals a significant step towards cracking down on the questionable business practices of pharmacy benefit managers (PBMs) in the drug supply chain. These middlemen have long been criticized for inflating prescription medication prices, harming U.S. patients and pharmacies, and failing to pass on
Coca-Cola recently announced an increase in its full-year outlook due to a rise in global demand for its drinks in the second quarter. The company now expects organic revenue growth between 9% to 10%, up from the previous forecast of 8% to 9%. Additionally, the outlook for comparable earnings growth has been raised to a
As General Motors prepares to unveil its second-quarter results, analysts are optimistic about the company’s performance. With stable sales and vehicle prices reported in the first half of the year, GM is anticipated to lead the pack among traditional Detroit automakers. Wall Street has high hopes for the second quarter, with expectations set at an
Warner Bros. Discovery recently made a bold move by notifying the National Basketball Association (NBA) of its intention to exercise its matching rights for a package of games earmarked for another company. This strategic decision comes as the entertainment giant locks horns with other industry players in a bid to secure exclusive broadcasting rights for
McDonald’s recent decision to extend its $5 value meal promotion has proven to be a successful strategy in driving traffic back to its restaurants. The offer, which includes a McChicken or McDouble, four-piece chicken nuggets, fries, and a drink, has resonated with millions of customers, resulting in increased footfall and sales. The memo sent out
The anticipation on Wall Street is that General Motors will surpass its Detroit counterparts in the upcoming second-quarter results. GM is expected to deliver a robust adjusted profit of $2.75 per share, marking a 44.2% increase from the previous year, with revenue reaching $45.46 billion, a 1.6% rise. Analysts predict stable sales and vehicle prices
In recent news, the ringleader of a nationwide organized retail crime operation that targeted major retailers such as Ulta Beauty and Sephora has been sentenced to over five years in a California state prison. Michelle Mack, residing in Bonsall, California, received a delayed sentence of five years and four months, set to begin officially in