In his campaign to better the music industry, the ‘Stronger’ rapper also urges bosses to consider allowing artists to automatically own the copyright to the songs they record for a label. Aceshowbiz.com – Music News BEST DEAL UPDATE:
Tag: Percent
GoodRx shares jump 40 percent in Nasdaq debut after $1.1 billion IPO
Shares of private equity-backed GoodRx Holdings surged 40 percent in their debut on the Nasdaq on Wednesday after the online prescription drug platform raised $ 1.14 billion in its initial public offering. The stock opened at $ 46, compared to … Read more…
Meredith cuts 180 employees, or 3.6 percent of workforce
Publishing and broadcasting giant Meredith — which until now has relied on pay cuts to weather the pandemic — said it will cut 180 employees, or about 3.6 percent of its workforce, from its 17 TV stations and its magazine … Read more…
Guggenheim Cuts Staff by 11 Percent Ahead of Reopening
The museum announced Wednesday that 24 employees would be laid off and that eight others have taken voluntary separation agreements. NYT > Arts BEST DEAL UPDATE:
PS5 Will Be Backwards Compatible with ’99 Percent’ of PS4 Games
Sony Interactive Entertainment CEO and President Jim Ryan has stated that “99 percent” of the “thousands” of PlayStation 4 games its tested will be playable on PlayStation 5 via backwards compatibility. Speaking to The Washington Post, Ryan also discussed Sony’s … Read more…
Tiger King’s Carole Baskin Thinks 50 Percent Of DWTS Fans Will Tune In ‘To See Her Fail’ | PeopleTV
Celebrity Interviews | PeopleTV BEST DEAL UPDATE:
CASETiFY Launches 100 Percent Biodegradable Phone Cases
CASETiFY has launched its newest CONSCiOUS initiative with the world’s first fully customizable, compostable phone case. Engineered with CASETiFY’s latest trademark material ecotify™ — a proprietary fusion of biopolymers, starch and bamboo — the cases are 100 percent compostable and … Read more…
The economy added 1.4 million jobs in August, and the unemployment rate fell below 10 percent
The improvement in the August jobs report is good news for the economy, which has been showing signs of a rebound from the recession that began with business closures aimed at slowing the spread of the coronavirus. Business BEST DEAL … Read more…
Guess’ Revenue Plummets 42 Percent in Second Quarter of 2020
Guess Inc. continues to be greatly affected by the ongoing Coronavirus pandemic, causing its overall revenue to drop by a staggering 41.7 percent in the second quarter of 2020. The percentage translates to a net loss of $ 20.4 million … Read more…
Dow plunges 800 points, Nasdaq drops 5 percent as tech stocks stumble
NEW YORK — Wall Street’s euphoria took a break Thursday, as steep losses in technology stocks dragged the rest of the market down with them. It was the biggest decline for the US stock market since early June, when investors … Read more…
Hedge fund stake sends shares in Kodak up 65 percent
The wild ride that is Kodak’s stock market performance appears far from over. The company’s stock shot up by 65 percent on Tuesday after news broke that New York-based hedge fund D.E. Shaw had built up a 5.2 percent stake … Read more…
GameStop shares soar 27 percent on Chewy.com founder’s stake
Shares of GameStop shares jumped more than 27 percent on Monday after it emerged that the founder of pet food company Chewy.com took a stake in the video game retailer. Ryan Cohen, whose Chewy.com was scooped up in 2017 for … Read more…
Consumer spending climbs less than 2 percent as COVID recovery slows
American consumers increased their spending by just 1.9 percent in July as the economic recovery from the coronavirus pandemic lost some momentum. Business | New York Post SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card … Read more…
Boeing CEO pledges a 20 percent increase in black employees
Boeing is seeking to increase black US employees throughout the company by 20 percent and mandate benchmarks for hiring people of color, Chief Executive Dave Calhoun told employees in a memo on Friday reviewed by Reuters. US corporations have become … Read more…
Roku and Netflix surge more than 11 percent after upbeat analyst reports
Shares of Roku surged over 11 percent Wednesday after Citi initiated coverage of the streaming video company with a “buy” rating, while Netflix also gained more than 11 percent in a rally that put it on track for its largest … Read more…
NFL coronavirus positive test rate under 1 percent
The NFL extended daily coronavirus testing for players and staff until further notice even though the positive test rate from the first two weeks of camp has been less than 1 percent. Under the original agreement between the league and … Read more…
Olay Birthday Sale Offers 50 Percent Off Skin-Care Products
For the first time in the brand’s 68 year history, Olay is celebrating its birthday with a big beauty sale. Fan-favorites like the Olay Regenerist Micro-Sculpting Cream and moisturizing body washes all discounted. Allure BEST DEAL UPDATE:
Discovery to launch new streaming service as profit falls 71 percent
Discovery, home of “90 Day Fiancé” and Guy Fieri’s “Diners, Drive-Ins and Dives,” said Wednesday that it plans to launch a new streaming service as the coronavirus took a bite out of its second-quarter income. The broadcasting giant, which owns … Read more…
At least 31 percent of children tested in Florida are positive for COVID-19: report
Nearly one-third of every child tested for the coronavirus in Florida has been declared positive for the virus, according to a report FOX News SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to … Read more…
Trump’s claim that 99 percent of coronavirus cases are ‘totally harmless’
No matter how you slice the numbers, Trump’s figure makes little sense. Politics SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please … Read more…
80 percent of NYC eateries couldn’t afford June rent amid coronavirus
Many restaurants closed during the peak of the pandemic in March through May. Business | New York Post SPECIAL DEAL UPDATE:
Deal: TCL’s 10 Pro and 10L Phones Are 15 Percent Off
The 10 Pro and 10L have quickly become some of our favorite contenders in the budget smartphone space. They’re now discounted for a limited time. Feed: All Latest BEST DEAL UPDATE:
All Otterbox Star Wars cases are 20 percent off today only
Otterbox is slashing prices on its Star Wars collection in honor of the punny “I am Your Father’s Day.” Today only, you can save 20 percent off their typically durable cases. These usually run between $ 45 and $ 55 … Read more…
Will Aurora James’ 15 Percent Pledge Help Start a Black Retail Revolution?
Citizen Couture/Condé Nast via Getty The last few months have been turbulent for fashion—just as it has been for all businesses. Apparel and retail, which employs nearly 16 million people, was hit particularly hard as brick-and-mortar stores had to shut … Read more…
Retail Sales Rise by 17.7 Percent
The latest on stock market and business news during the coronavirus outbreak. NYT > Business > DealBook SPECIAL NEWS BULLETIN: SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of … Read more…
China’s Tencent reveals 5 percent stake in Warner Music
China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut on the Nasdaq. Tencent Music is controlled by Chinese tech giant Tencent … Read more…
Ninety Percent of Indie Music Venues Expect to Close Forever if Shutdowns Last for Months to Come
In a survey of independent concert venue owners in America, 90% said that they expect to shut down permanently in a few months if no federal funding becomes available. The poll was conducted by the National Independent Venue Association among … Read more…
Online used car seller Vroom surges 83 percent in IPO
Shares of online used car seller Vroom Inc. soared nearly 83 percent in their market debut on Tuesday, as the US IPO market roars back to life after the coronavirus crisis slammed the brakes on new listings. Shares opened at … Read more…
Treasury yields may break above one percent faster than BofA forecast due to stronger than expected labor market
BofA Global Research’s Mark Cabana reacts to May’s employment report, and how the Fed may address it this week. Finance FINANCE UPDATE:
Some 80 percent of Americans say country ‘out of control,’ poll finds
An overwhelming majority of American voters believe that things are “out of control” in the country, according to a new poll. The newest NBC News/Wall Street Journal poll posed the question “When it comes to the country these days, do … Read more…
The Athletic Lays Off 8 Percent of Staff
The sports journalism subscription website said the cuts affect 46 employees, including journalists and others in its business department. NYT > Sports BEST DEAL UPDATE:
Grubhub rises 7 percent on news of European suitors
Grubhub has received interest from at least two European companies, Delivery Hero and Just Eat Takeaway.com, as potential acquirers, CNBC reported on Friday, citing people familiar with the matter. The news sent shares of Gruhub, which owns food delivery app … Read more…
Private equity firm in talks to buy JCPenney, shares up 55 percent
Private equity firm Sycamore Partners is in preliminary talks to acquire JCPenney out of bankruptcy should the US department store chain’s negotiations with its creditors fail, three people familiar with the matter said on Friday. Shares of JCPenney jumped almost … Read more…
New York City’s signed real estate contracts decrease by 87 percent in May 2020
CNBC’s Robert Frank reports on how the New York City real estate market is getting hit by the coronavirus pandemic and what the forecast looks like. Real Estate BEST DEAL UPDATE:
Quibi asks top execs to take 10 percent pay cut as layoffs loom
Quibi, the new start-up from Hollywood mogul Jeffrey Katzenberg, is in cutting mode already. Just a month after it launched on April 6, the mobile streaming service is asking senior executives to take a 10-percent pay cut as coronavirus lockdowns … Read more…
Box office could see 50 percent drop in ticket sales this year, analyst finds
The coronavirus will slash box office revenues in half this year, and the pandemic is now poised to weaken the longtime status of movie theaters as destinations for first-run movies, according to an influential media analyst. Media | New York … Read more…
MoneyGram surges 31 percent on possible Western Union deal
MoneyGram shares jumped 31 percent in afternoon trading on Tuesday, a day after reports that larger rival Western Union offered to buy the company. The deal comes as MoneyGram is about $ 878 million in debt, according to Bloomberg, and as … Read more…
Renault to Slash Jobs by 8 Percent
The French carmaker said it would close assembly lines and abandon China as sales plunge. Other carmakers are expected to take similarly harsh measures. NYT > Business BEST DEAL UPDATE:
Fox News Promoted Hydroxychloroquine. A New Study Now Links It to a 45 Percent Higher Risk of Death
The Daily Beast SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of … Read more…
Google says 70 percent of serious security bugs are memory safety issues
Google notes in this memory safety report that Chromium’s security architecture was designed to assume that such bugs exist, using sandboxes to help stop them from taking over host machines. It’s an effort that has allowed the team to stay … Read more…
Number of black business owners falls 40 percent, far more than other groups amid the pandemic
Minority-owned businesses have suffered disproportionately in a crisis that’s also killing nonwhite Americans at higher rates and eliminating more of their jobs. Business BEST DEAL UPDATE:
Autism risk estimated at 3 to 5 percent for children whose parents have a sibling with autism
Roughly 3 to 5 percent of children with an aunt or uncle with autism spectrum disorder (ASD) can also be expected to have ASD, compared to about 1.5 percent of children in the general population, according to a new study. … Read more…
Best Buy stock falls 4 percent as it ups spending on delivery services
Best Buy said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services. Business | New York Post SPECIAL NEWS BULLETIN: Click today to request your free ACRX … Read more…
Atlantic Media lays off 20 percent of staff amid advertising collapse
Atlantic Media, publisher of The Atlantic magazine, said it will cut about 20 percent of its staff in response to the advertising collapse tied to the coronavirus crisis. Media | New York Post SPECIAL DISCOUNT DEAL:
SelectQuote jumps 40 percent in IPO as more consumers shop for insurance online
Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $ 4 billion. The company’s stellar offering is the latest sign of thawing … Read more…
Target’s online sales surge 141 percent amid coronavirus panic buying
Target Corp’s quarterly online sales surged 141 percent due to panic buying in the coronavirus crisis, the retailer said on Wednesday, driving results past Wall Street expectations even as its operational costs soared. The company said it had set aside … Read more…
Child Vaccinations Plummet 63 Percent, a New Hurdle for N.Y.C. Schools
Parents have hesitated to take children to doctors’ offices, but students will have to meet immunization requirements to attend school in the fall. NYT > Education EDUCATION DEAL UPDATE:
Wearing a face mask can reduce coronavirus transmission by up to 75 percent, study says
Researchers on Sunday found that wearing surgical masks can significantly reduce the rate of airborne COVID-19 transmission, amid a debate over the effectiveness of wearing them during the coronavirus pandemic. FOX News SPECIAL NEWS BULLETIN: Click today to request your free ACRX … Read more…
Scientists genetically modified a mouse to be 4 percent human
Scientists mixing the genetic building blocks of two different animal species sounds like the beginning of a bad science fiction movie, but that’s precisely what a team of researchers just did by injecting human stem cells into mouse embryos. Just … Read more…
Aurora Cannabis jumps 55 percent thanks to lockdown stockpiling
Aurora Cannabis posted a smaller loss compared with the prior quarter as customers in the US and Canada stockpiled cannabis ahead of lockdowns, sending its US-listed shares up 13 percent after the bell on Thursday. Business | New York Post … Read more…
Report: MLS seeks to cut player salaries 20 percent
With around one-third of the Major League Soccer season already postponed due to the coronavirus pandemic, teams apparently are looking for salary relief. Reuters: Sports News FASHION UPDATE:
Payday lenders that charge 400 percent interest want access to small-business loans
For years, payday lenders have defended their business model. Now, the industry wants access to taxpayer-funded loans at 1 percent interest. Business BEST DEAL UPDATE:
Nearly Half of Men Say They Do Most of the Home Schooling. 3 Percent of Women Agree.
A survey suggests that pandemic-era domestic work isn’t being divided more equitably than before the lockdown. NYT > Style BEST DEAL UPDATE:
DaBaby Claims Driver Assault Allegations ‘100 Percent False,’ People Are Not Convinced
The ‘Suge’ rapper only earns backlash from social media users after he spoke up about an arrest warrant issued for him for allegedly punching a driver in Las Vegas. Aceshowbiz.com – Celebrity News BEST DEAL UPDATE:
