Disney characters seen at Chinese tycoon’s theme park

Disney characters seen at Chinese tycoon’s theme park

A woman posing for a photo with a worker dressed as a Star Wars stormtrooper in the shopping area of Wanda City. The Chinese tycoon who recently took a swipe at Disney has found himself with some explaining to do. Wang Jianlin, the billionaire chairman of real estate and entertainment conglomerate Dalian Wanda Group, publicly → Read More

Katie Couric takes responsibility for “misleading” part of gun violence doc

Katie Couric takes responsibility for “misleading” part of gun violence doc

Katie Couric says she regrets a “misleading” portion of “Under the Gun,” a new documentary that she produced and narrated. “I take responsibility for a decision that misrepresented an exchange I had with members of the Virginia Citizens Defense League,” Couric said in a statement on Monday night. The pivotal edit in the documentary made → Read More

Viacom directors dig in for fight for control of media giant

Viacom directors dig in for fight for control of media giant

The battle for Viacom: Redstone v. Dauman Viacom’s six independent directors are vowing to contest any attempt to oust them, arguing that overthrowing the board would be “inconsistent” with Sumner Redstone’s wishes. The next move is Redstone’s to make. Redstone, 93, the controlling shareholder of Viacom, and his daughter Shari are reportedly considering replacing the → Read More

‘X-Men’ takes top spot as ‘Alice’ flops at Memorial Day box office

‘X-Men’ takes top spot as ‘Alice’ flops at Memorial Day box office

Will ‘X-Men: Apocalypse’ suffer from superhero fatigue? The X-Men had fairly ordinary powers at the box office and “Alice Through the Looking Glass” fell down a box office rabbit hole this Memorial Day weekend. “X-Men: Apocalypse” took the top spot with an estimated $80 million at North American box office over the four day weekend. → Read More

Striking Verizon workers score raise and bonuses

Striking Verizon workers score raise and bonuses

Thousands of Verizon workers walk off the job Unionized Verizon workers who had been striking since mid-April will return back to work this week after negotiating a healthy pay raise and bonus. The union leading the negotiations — Communications Workers of America — said workers will receive a $1,250 “signing bonus” and a 3% raise. → Read More

Johnny Depp’s latest movie flops

Johnny Depp’s latest movie flops

Johnny Depp’s ‘Alice Through the Looking Glass’ tanks Johnny Depp’s latest movie, “Alice Through the Looking Glass,” got off to a bad start. The film opened to $28 million domestically over the weekend, despite a cast that includes Depp, Anne Hathaway and Mia Wasikowska. But the film, which has a $170 million budget, failed to → Read More

France going ‘all the way’ to collect tax from Google, McDonald’s

France going ‘all the way’ to collect tax from Google, McDonald’s

Europe wants companies to reveal tax details France will go “all the way” to make corporations like Google and McDonald’s pay their fair share of taxes, the country’s finance minister said. Police raided the French offices of Google (GOOGL, Tech30) and McDonald’s (MCD) this month as part of investigations into tax avoidance. Michel Sapin, the → Read More

A second Zurich Insurance executive has committed suicide

A second Zurich Insurance executive has committed suicide

Martin Senn, the former CEO of Zurich Insurance Group, took his own life on Friday. The former CEO of Zurich Insurance Group, Martin Senn, has taken his own life just months after leaving the company. Senn’s death comes less than two years after the company’s former CFO, Pierre Wauthier, also committed suicide. “It is with → Read More

Lufthansa to halt flights to Venezuela

Lufthansa to halt flights to Venezuela

How did Venezuela get into such deep debt? Another sign of deep trouble in Venezuela: Lufthansa, one of Europe’s largest airlines, said it will stop flying to the country. The company announced Sunday that beginning June 17, it will suspend flights indefinitely to Venezuela, which is grappling with a daunting economic and humanitarian crisis. Andreas → Read More

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