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“Black Widow” Sues Disney: Company Receives $125 Million Online Revenue from Movies
Walt Disney (Walt Disney) said in a court filing on Friday that the company received $125 million in online revenue from the Marvel superhero movie “Black Widow” (Black Widow). Three weeks ago, the company's star Scarlett Johansson (Scarlett Johansson) sued Disney. Scarlett Johansson sued Disney last month, claiming that the company breached her contract to provide streaming services while the movie was being released. Scarlett Johansson filed a lawsuit in the Los Angeles Superior Court, claiming that “Black Widow”'s dual screening strategy was curtailed
Warren Buffett: These companies are doing best in times of high inflation
From used cars to gasoline to groceries, inflation continues to drive up the prices of American goods. The consumer price index rose 5.4% last month compared to July 2020, the biggest increase since 2008. Although some economists and other financial experts say that the current rate of inflation is nothing to worry about, inflation is actually inevitable. But when it comes to investing, Berkshire Hathaway CEO Warren Buffett said that some companies are more likely to succeed than others. In 2015 Berkshire Hathaway (Berkshire Hathaway)
Tesla was ordered to pay 1 million US dollars in compensation to former black employees who suffered racial discrimination.
Tesla paid more than $1 million in damages to Melvin Bailey, a former black employee, after the company was found not to stop the director of a North Carolina factory from using racist terms against him. It was a rare victory for black employees over the years in their complaints against Tesla. The black employees claimed that people on Tesla's production line often used racist terms against them, but Tesla turned a blind eye to this and failed to clean up graffiti and other hate symbols with Nazi symbols in public areas in time. Bailey will add in 2015.
Apple is said to have delayed employees' return to the office by at least a month before some employees threatened to resign.
Apple reportedly delayed employees' return to the office by at least a month. Earlier, Apple CEO Tim Cook said employees should start returning to the office in early September, at least three days a week. This means that Apple's return to the office will be delayed until October at the earliest. At present, the novel coronavirus variant is spreading throughout the United States. Apple didn't respond to requests for comment. Cook said in an email sent last month that employees are required to return to the office on Monday, Tuesday and Thursday. In addition, employees will be given an additional two weeks of telecommuting each year after being approved by the manager.
Zoom to acquire cloud service company Five9 for $14.7 billion
ZoomVideo Communications Inc. Has agreed to acquire Five9 Inc., for $14.7 billion in stock to target cloud service providers that can support their virtual conferencing applications. Under the agreement announced on Sunday, Five9 shareholders will receive 0.5533 Zoom Class A common shares. Upon completion of the transaction, the target company will become an operating subsidiary of Zoom. The transaction is subject to shareholder approval and is expected to be completed in the first half of 2022.
Pre-market: "terrorist data" hit Dow futures up 0.1%
Us stock index futures rose slightly before Friday, as the market focused on "scary data"-US retail sales, as well as comments by the Fed's "number three" and New York Fed chairman William Williams. As of press time, Dow futures are up 0.1%, S & P 500 futures are up 0.2%, and Nasdaq futures are up 0.2%. The FTSE 100th index in the UK rose 0.1 per cent, Germany's DAX index fell 0.2 per cent and France's CAC-40 index fell 0.7 per cent. The dollar strengthened on Friday and is expected to record its best weekly performance in about a month. Investors are worried about a faster rise in interest rates in the United States, so they buy dollars, plus those infected with the epidemic.
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