A General Motors employee works Dec. 13, 2019 at the automaker’s plant in Wentzville, Missouri. Photo by Melissa Vaeth for General Motors General Motors is using salaried employees to fill in for hourly union workers absent due to coronavirus to keep a Missouri truck plant operating. High rates of absenteeism at the company’s Wentzville Assembly plant in
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After being closed for over five months, Cineworld reopened about 200 of its Regal Cinemas in the U.S. this past weekend. Health and safety measures — which required an investment in the millions across the parent company’s full estate — were in place, and the response from audiences was “encouraging,” says Cineworld Group CEO Mooky
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WASHINGTON — Satellite antenna company Kymeta has raised $85.2 million in a new funding round led by Bill Gates, the company announced Aug. 25.   Redmond, Washington-based Kymeta will use its new funding to complete development of its second-generation flat-panel antenna, the u8, ahead of a release late this year, Walter Berger, president and chief
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Melania Trump, wife of Republican U.S. presidential candidate Donald Trump, waves as she arrives to speak at the Republican National Convention in Cleveland, Ohio, U.S. July 18, 2016. Mike Segar | Reuters President Donald Trump‘s family will take center stage as Republicans aim to boost the president’s reelection bid Tuesday at the 2020 Republican National
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London-based virtual reality live music platform MelodyVR has acquired Rhapsody International (the parent company of Napster) for $70 million. According to a press release, MelodyVR hopes the “acquisition will enable the creation of a unique music platform that will offer both immersive live performances and music streaming.” MelodyVR CEO Anthony Matchett said in a statement,
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In the season 2 finale of Netflix’s Selling Sunset, Oppenheim Group’s most ostentatious agent Christine Quinn crashes her coworker-turned-frenemy Mary Fitzgerald’s final dress fitting at Floravere bridal showroom on Melrose Place. Quinn is there to apologize for calling Fitzgerald a “fucking idiot” just a few days before the wedding. Just like a Sour Patch Kid,
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Updated, Aug. 24: Sony has put Broken Hearts Galley back on the calendar for a Sept. 11 release, the weekend following Warner Bros.’ Tenet. Tickets go on sale this Thursday. Elevation will handle the Canadian release. I hear the studio was impressed by this past weekend’s $4M opening of Solstice Studios’ Unhinged, and is looking forward to exhibition reviving itself.
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HELSINKI — Private Chinese space launch firm iSpace has raised $172 million in series B round funding to back development of a new series of launch vehicles and reusable methalox engines. The round was led by Beijing Financial Street Capital Operation Center, CICC Alpha, Taizhonghe Capital, citic securities and more, including existing shareholders, iSpace announced
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Kimberly Guilfoyle, the National Chair of the “Trump Victory Finance Committee” and girlfriend of Donald Trump Jr., delivers a pre-recorded speech to the largely virtual 2020 Republican National Convention, from Washington, U.S., August 24, 2020. Kevin Lemarque | Reuters WASHINGTON – The first night of the virtual Republican National Convention featured more than a dozen speakers.
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U.S. government debt prices were lower on Tuesday morning as traders awaited for a key speech from Federal Reserve Chairman Jerome Powell later this week. At around 1:50 a.m. ET, the yield on the benchmark 10-year Treasury note rose to 0.6607%, while the yield on the 30-year Treasury bond jumped to 1.3623%. Yields move inversely to prices. Investors were monitoring
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