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Morgan McKenzie

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Business

Page: 73

(NEW YORK) — Greta Gerwig’s Barbie defied a sluggish pandemic recovery at movie theaters to rake in $155 million domestically over its opening weekend. The haul made it the highest-grossing debut of 2023 and the top contributor to the fourth-largest weekend at the box office in the U.S. of all time. At first glance, a […]

(NEW YORK) — The signature blue bird perched atop social media platform Twitter vanished on Sunday as part of a company rebrand under a new name: X. The revamp marks the latest change enacted by billionaire owner Elon Musk, who stepped down as CEO last month but retained a prominent role in the company. Promising […]

(NEW YORK) — Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company’s shares have plummeted more than 20%. The reaction on Wall Street marks the latest indication of a profound shift in investor priorities away from subscriber growth and toward the bottom line, which holds implications for […]

Catherine McQueen/Getty Images (NEW YORK) — Just two days after a winning ticket was sold for the $1 billion Powerball, another lucky person has a chance at a mega-lottery drawing Friday. The Mega Millions jackpot has grown to an estimated $720 million — marking the lotto game’s fifth-largest top prize in its history. There have […]

(NEW YORK) — When Justin Harrison suffered a nasty bout of strep throat two weeks ago, he said he received a barrage of text messages from his mom urging him to take better care of himself — even though his mom is dead. Harrison, who founded an AI company called You, Only Virtual in 2020 […]

(NEW YORK) — While experts disagree about whether AI poses an existential threat, Dan Hendrycks, a researcher and the director of the Center for AI Safety, or CAIS, is among those who believe the technology could destroy humanity in a variety of ways. A bad actor could gain possession of a future version of generative […]

(NEW YORK) — As long-standing recession alarms continue to blare from some forecasters, investors don’t appear to hear them. The S&P 500 — the index that most people’s 401(k)s track — has climbed more than 18% since the start of this year, while the tech-heavy Nasdaq has jumped a staggering 35%. The Dow Jones Industrial […]

(NEW YORK) — A winning ticket for the $1 billion Powerball jackpot was sold in California. The winning numbers in Wednesday night’s drawing were 7, 10, 11, 13 and 24, and the Powerball was 24. The jackpot ticket was sold at the Las Palmitas Mini Market in Los Angeles, the California Lottery said. The jackpot […]

Robert Gauthier/Los Angeles Times via Getty Images (SCOTTSDALE, Ariz.) — Face masks that were in during the COVID-19 pandemic will officially be out at some In-N-Out Burger locations across five states, according to a company memo. Earlier this year, the Biden administration declared the U.S. is no longer officially in a COVID-19 emergency for the first […]

Tayfun Coskun/Anadolu Agency via Getty Images (NEW YORK) — The Powerball jackpot has grown to $1 billion for Wednesday night’s drawing, the game’s third-largest prize ever. The jackpot has a cash value of $516.8 million, before taxes. The Powerball, which was last hit on April 19, has now had 38 consecutive drawings without a winner. […]