The pace of consumer price increases eased again in January, the latest sign that the high inflation that has gripped Americans for two years is slowing. At the same time, Tuesday’s consumer price report from the government showed that inflationary pressures in the U.S. economy remain stubborn and are likely… Read More
Super Bowl bucks surprising trend in ratings
Fox was hoping the matchup of two top teams in the Super Bowl and a close game would lead to a record night. Even though Sunday’s game between the Kansas City Chiefs and Philadelphia Eagles came down to a field goal with 8 seconds remaining, Fox fell just short of… Read More
Ted Lerner, Washington Nationals owner, dies at 97
Ted Lerner, the billionaire real estate developer whose family bought the Washington Nationals in 2006, has died, the team announced Monday. He was 97. A Nationals spokesperson said Lerner died Sunday of complications from pneumonia at his home in Chevy Chase, Maryland. Lerner’s group purchased the Nationals from Major League… Read More
Super Bowl ad recap: Celebs, humor, lots of dogs
Advertisers bet big that viewers were turning to the Super Bowl for a comforting escape, and delivered a series of advertisements that relied on familiar celebrity faces, light humor, and plenty of cuddly dogs. This wasn’t a year for edgy humor or experimentation. After the global pandemic, with economic uncertainty… Read More
Spirits surpass beer in share of the market, industry says
Producers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate. New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday. Sponsored: Where Should We Mail Your Book? The rise to the top for spirit-makers… Read More
One year after ‘Crypto Bowl,’ crypto ads vanish from big game
How the mighty have fallen. Cryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.com and eToro. Some marketing experts dubbed it the “Crypto Bowl.” How people achieved an average 123/77 blood pressure in just 28… Read More
California movie producer gets 5 years for prostitution
A California movie producer was sentenced in New York City to the maximum five years in prison Thursday after he admitted operating a high-end prostitution service for seven years, providing women to wealthy clients for up to $15,000 and organizing sex parties in the U.S. and abroad. Dillon Jordan, of… Read More
Donald Trump just got very good news…
Facebook parent Meta has restored former President Donald Trump’s personal account, ending a controversial two-year suspension it imposed in the wake of the Jan. 6 Capitol riot. For Trump’s fledgling 2024 presidential campaign, the restoration on Facebook and Instagram is very good news. Social media was an important fundraising vehicle… Read More
Disney to cut 7,000 jobs amid company ‘transformation’
The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger. The job cuts amount to about 3% of the entertainment giant’s global workforce and were unveiled after Disney reported quarterly results that topped Wall… Read More
SpaceX ignites giant Starship rocket in critical test
SpaceX is a big step closer to sending its giant Starship spacecraft into orbit, completing an engine-firing test at the launch pad on Thursday. Thirty-one of the 33 first-stage booster engines ignited simultaneously for about 10 seconds in south Texas. The team turned off one engine before sending the firing… Read More
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