Business

Disney teams up with Navy welfare group to give US troops a ‘fantastic’ experience

Disney recently teamed up with the Navy Morale, Welfare and Recreation (MWR) organization to give America’s men and women in uniform a “fantastic” experience. Troops serving in Djibouti were given special screenings of “The Fantastic Four: First Steps,” which included pre-recorded greetings by executive producer Grant Curtis from Marvel Studios.…

Kodak says there’s ‘substantial doubt’ it can stay in business

Kodak announced in a Securities and Exchange Commission (SEC) filing on Monday that there was “substantial doubt” about the company’s ability to stay in business.  The company plans to pay off some of its debt and preferred stock using money it expects to get back from its pension plan. The…

Spirit Airlines warns it may not survive another year

Spirit Airlines warned Tuesday that it may not make it through another year, citing concerns over its ability to raise enough cash, despite having successfully restructured its debt and emerging from bankruptcy just months ago.  The beleaguered low-cost carrier said in a Securities and Exchange Commission (SEC) filing that it…

Inflation cools slightly in July from prior month

Inflation increased in July and moved further away from the Federal Reserve’s target rate as central bank policymakers assess the health of the economy amid the president’s calls for interest rate cuts. The Bureau of Labor Statistics on Tuesday said that the consumer price index (CPI) – a broad measure…

Musk threatens to sue Apple over not featuring X, Grok apps

Tech billionaire Elon Musk threatened to sue Apple for not featuring X – formerly Twitter – or its Grok artificial intelligence chatbot among its “Must-Have Apps” in the Apple Store.  “Hey @Apple App Store, why do you refuse to put either 𝕏 or Grok in your ‘Must Have’ section when…

Fanatics launches enterprise-wide loyalty program with rewards including athlete, VIP experiences

Throughout its existence, Fanatics, the global digital sports platform, has focused on creating, and enhancing, a unique, one-of-a-kind customer experience.  That mission reached new heights on Tuesday, as Fanatics officially launched its new, enterprise-wide loyalty program: Fanatics ONE. It’s the company’s first cross-business loyalty program, which leverages the scale of its…

AOL to discontinue dial-up internet service

AOL, the company previously known formally as America Online, is discontinuing its Dial-up internet service after 34 years. The service will shutter on September 30, meaning “the associated software, the AOL Dialer software and AOL Shield browser, which are optimized for older operating systems and dial-up internet connections, will be…

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