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Bass Pro Shops’ CEO says brand will focus on affordability amid rising costs

Bass Pro Shops founder and CEO Johnny Morris said despite inflation, the hunting, fishing and outdoor sports brand will continue to focus on affordability heading into boating and fishing season. Inflation has fallen from a peak of 9.1% in June 2022 but remains elevated at 3.4%, above the Fed’s 2% target. “Inflation is happening. It’s […]

Disney’s Pixar cutting nearly 200 jobs, will focus exclusively on feature films

Pixar Animation Studios, which produced classic films such as “Toy Story” and “Up,” began laying off about 14% of its employees starting Tuesday as it scales back development of its original streaming series, the developer said. This was revealed by a person familiar with the matter. Approximately 175 people will be affected by the layoffs […]

Dollar drifts as traders await US inflation data; frail yen in focus – Yahoo Finance

Written by Uncle Banerjee SINGAPORE (Reuters) – The dollar was steady on Tuesday, while the yen hovered near a two-week low as investors awaited this week’s key inflation report that is likely to shape the U.S. interest rate outlook. This raised concerns about intervention. Currency markets remained calm this week, with investment following weaker-than-expected recent […]

Home prices come into focus as key swing-state issue in 2024 election

In most presidential election years, home prices are not an important issue for voters or a major issue in the campaign. Let’s look at the 2024 election from a different perspective, which is not typical. The affordability crisis is gaining increasing attention as the campaign season heats up, with mortgage rates rising and home prices […]

Ukraine war briefing: Focus swings to Kharkiv as Russia mounts assaults | Ukraine

Russian forces launched an armored ground attack in the vicinity on Friday. Kharkiv, the second largest city in Ukraine In the Northeast, Dan Saberg and Andrew Ross report.There was also a report that Fighting in the border villages of Strileča, Pirna and further west in Borisivkaand the Russian army advanced about 1 km around the […]

Disney will focus on sequels instead of originals, CEO says

Disney CEO Bob Iger said on an earnings call that the studio will leverage its existing library of storylines to create more sequels because Disney has a high profile and is easy to market. Stated. During the company’s second-quarter 2024 earnings call, Iger said there will be good movies, but it doesn’t seem like Disney […]