Articles

Disney’s Pixar to lay off around 14% of staff in latest industry pullback, reports say

Walt Disney Co.’s Pixar Animation Studios is laying off around 14% of its workforce, a move that will affect some 175 employees, according to multiple reports.

Why Faraday Future joined the meme-stock rally — and then some

One of the most unusual events in last week’s meme-stock rally was the phenomenal surge in shares of electric-vehicle startup Faraday Future Intelligent Electric Inc., which went stratospheric on zero news.

Comcast says its new ‘StreamSaver’ bundle will save customers close to $100 a year — here’s how

The new bundle offering Apple TV+, Netflix and Peacock costs $15 a month and is only available to Comcast subscribers.

Children’s Place’s stock tumbles after longtime CEO agrees to leave

Shares of Children’s Place Inc. took a dive Tuesday after the retailer of children’s apparel said longtime Chief Executive Jane Elfers left the company under a “mutual agreement.”

Uranium ETF soars to 10-year high on rising demand and Russia import ban

Exchange-traded funds that track uranium-related stocks have skyrocketed this year, with prices for the heavy metal widely used for nuclear-power generation hovering around its highest level in 16 years, buoyed by tight supplies and expectations for rising demand.

Why the turbulence that killed a Singapore Airlines passenger is so dangerous — and could be more frequent

What worried airline passengers should know about “the most dangerous type of turbulence,” and how to protect themselves this summer travel season.

Scarlett Johansson’s fight with OpenAI isn’t the star’s first legal battle over artificial intelligence

Last year, Johansson’s lawyers went after an AI firm for using her image without permission — an early salvo between artists and the emerging technology.

Bradley Cooper says caring for his father was a ‘wake-up call’ to the caregiving crisis squeezing millions of families

Cooper is producing a documentary about caregiving with PBS.

Microsoft’s stock rides AI elation toward first record close in two months

The technology powerhouse is in the midst of its Build developer conference, featuring announcements around AI products and software.

Trump’s tariffs would cost U.S. families $1,700 a year, think tank says

Presumptive Republican presidential nominee Donald Trump’s proposed tariffs would “cost a typical household in the middle of the income distribution about $1,700 in increased taxes each year,” the Peterson Institute for International Economics, a nonpartisan think tank, said in a new report.

The crypto Congress: momentum builds for ‘most significant’ digital asset law in history

Crypto industry insiders are becoming more optimistic that new legislation that would sideline the U.S. Securities and Exchange Commission will get strong bipartisan support in a vote this week, and potentially even become law before the end of the year.

Target’s price cuts imply earnings may be a concern — but UBS says don’t worry

“Our take is that these actions are a sign of strength, not a signal of vulnerability,” a UBS analyst wrote about the retailer’s price cuts.
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