Boeing’s recent decision to acquire Spirit AeroSystems in an all-stock deal has raised questions about the motives behind this move. The aerospace giant will pay $37.25 a share in Boeing stock for Spirit, with a transaction value of $8.3 billion. This acquisition is seen as a strategic move by Boeing to improve safety and quality
Millennials, born between 1981 and 1996, are on track to receive a massive $90 trillion wealth transfer over the next two decades. This transfer is expected to make millennials the wealthiest generation in history, surpassing the silent generation and baby boomers. However, the question remains: are millennials equipped to handle this influx of wealth? According
Disney and Pixar’s “Inside Out 2” have officially joined the prestigious billion-dollar club in the world of animated features. Surpassing $1.014 billion in global box office revenue, the film has not only become the highest-grossing film of 2024 but also the first animated movie since “Barbie” from Warner Bros. to achieve this remarkable milestone. This
In the midst of a content-starved box office and increasingly selective audiences, Fathom Events has defied the odds by posting remarkable revenue gains. This joint venture between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen for the past two decades. From classic Hollywood films to live theater
When it comes to planning for retirement, there are many factors to consider beyond just your savings rate and total nest egg. One of the most crucial but often overlooked factors is your life expectancy. As Lisa Schilling, director of practice research at the Society of Actuaries Research Institute, points out, uncertainty about how long
Darden Restaurants, the operator of popular dining brands such as Olive Garden and LongHorn Steakhouse, recently announced a mix of results for the fourth quarter of fiscal 2024. While the company exceeded earnings expectations, its sales slightly missed the consensus due to increased discounting by competitors. Despite this, Darden issued substantial dividends and committed to
The recent Supreme Court ruling in the Moore v. United States case has raised concerns about the feasibility of implementing wealth tax proposals in the United States. While there is a growing interest among lawmakers to tax the ultra-rich, the blocking of the challenge to the “mandatory repatriation tax” by the Supreme Court has added
The food industry is constantly evolving, and the latest trends are taking us back to our roots. At the Summer Fancy Food Show, a trade show hosted by the Specialty Food Association, the spotlight was on fish as the hottest protein, honey as the flavor du jour, and game meat as an upgrade to charcuterie
In the ever-evolving world of finance, experts are predicting a bullish move for both value and growth stocks in the second half of the year. Todd Rosenbluth, from VettaFi, believes that value stocks, which have been trailing behind, could see a boost from the FTSE Russell’s annual rebalancing. According to Rosenbluth, the dominance of growth
At this year’s U.S. Track & Field Olympic Trials, there is a notable presence of unsponsored athletes standing out in their all-black, logo-less gear. These 35 athletes are part of Bandit Running’s Unsponsored Project, a unique initiative aimed at reshaping the traditional sponsorship model for professional athletes and providing support to emerging competitors in the
