DF Activists at Barington Capital have teamed up with private equity firm Thor Equities to push for significant changes at struggling department store operator Macy’s. The investors aim to cut capital expenditures, boost share buybacks and reassess the company’s luxury brands and real estate portfolio. Macy’s shares rose 3% in premarket trading after the announcement. This … Read more
New York City Mayor Eric Adams has announced a $152.7 million investment to transform the section of Fifth Avenue from Bryant Park to Central Park into a pedestrian-friendly boulevard. The redesign aims to create a safer and more walkable space, boosting the area’s economic output. The project will expand sidewalks by 46%, reduce traffic lanes, … Read more
Jacques Audiard’s genre-bending musical drama Emilia Pérez has catapulted itself into Oscars contention after scooping four out of five top prizes at the 37th European Film Awards. The awards ceremony, held in Lucerne, Switzerland, also honored other notable films such as Karla Sofía Gascón’s best actress win for her portrayal of both trans woman Emilia … Read more
The iconic Ruby Slippers worn by Judy Garland in the 1939 film “The Wizard of Oz” have sold at a record-breaking $28 million during a live auction in Dallas. The slippers, one of only four known surviving pairs worn by Ms. Garland in the movie, were stolen from the Judy Garland Museum in 2005 before … Read more
Netflix leads all studios with 13 film nods and 23 TV categories. “Emilia Pérez,” an operatic genre-skipping movie, topped nominations with 10, followed by “The Brutalist” and “Conclave.” The embattled Globes have a star-studded field of nominees, including Zendaya, Timothée Chalamet, Angelina Jolie, and Pamela Anderson. Ratings improved this year, with 9.5 million viewers tuning … Read more
At the 2024 British Independent Film Awards (BIFAs), Sean Baker’s Anora took home the top prize for best international indie film, while the Belfast-based rap trio Behind the Bridge won four craft awards. The team picked up three more on Sunday, including best British independent film to director Rich Peppiatt and best debut screenwriter award. … Read more
A US-based indie game marketplace, itch.io, was taken offline for three hours by an automated system, with the platform blaming an “AI-powered” software used by the toy company Funko. The incident occurred due to a false phishing report sent to itch.io’s domain registrar, iwantmyname, which disabled the site without reviewing the confirmation email. BrandShield, a … Read more
Rilzabrutinib, a monoclonal antibody, has demonstrated rapid and durable platelet responses, improved health-related quality of life, and was generally well-tolerated in adults with difficult-to-treat Immune Thrombocytopenia (ITP). The findings, from the phase 3 LUNA 3 study, were presented at the American Society of Hematology Annual Meeting. The study enrolled adults and children aged 10 years … Read more
A surge in traffic hit a server, causing it to become overwhelmed and send an error message to the client. The details of the incident include a client IP address (37.27.54.14) and a request ID number (883504091). This type of issue often occurs when a website or online application experiences an unexpected spike in user … Read more
President-elect Donald Trump has appointed David Sacks, a Silicon Valley insider and former CEO of Yammer, as his AI and cryptocurrency czar. This move is expected to have significant implications for the tech industry, particularly for companies focused on artificial intelligence (AI) and cryptocurrency. Sacks’ appointment, along with Elon Musk’s role in the cabinet, is … Read more