A top Walt Disney Company executive has provided insight into the cancellation of the Star Wars spin-off series The Acolyte, citing its underperformance in relation to its high production costs. Alan Bergman, Disney Entertainment co-chairman, discussed the decision in a recent interview with Vulture, explaining that while the company was "happy" with the series' performance, it didn't meet the necessary thresholds to justify a second season.
Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.
A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.
Japanese auto giants Honda Motor and Nissan Motor are reportedly set to begin negotiations toward a merger, aiming to combine resources and strengthen their position against global electric vehicle (EV) competitors.
Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.
The Bank of Russia announced that it will suspend foreign currency purchases in order to "reduce the volatility of financial markets," Reuters reported.
