Business

Netflix is set to open expansive entertainment venues in two cities, providing fans with immersive experiences related to their favorite shows. These “experiential” complexes, named Netflix Houses, will feature themed events, gift shops, and restaurants. They will repurpose former department store spaces at Dallas Galleria and the King of Prussia Mall near Philadelphia, each covering over 100,000 square feet, and …

The European Union’s executive branch criticized France on Wednesday for its high level of debt, a sharp reproach during an election period where President Emmanuel Macron faces significant opposition from both the far right and left. The EU Commission advised seven countries, including France, to initiate an “excessive deficit procedure,” marking the beginning of a lengthy process before any country …

Robert Gibbs, a former White House press secretary under President Obama, is set to join Warner Bros. Discovery as the head of its communications team. After years in the private sector leading public relations efforts, Gibbs will now oversee public relations and public affairs during a turbulent time for the media industry. Warner Bros. Discovery’s stock is at a historic …

Microsoft has lost its position as the most valuable company in the United States, overtaken by Nvidia, which has soared to impressive heights as Wall Street’s favorite in the artificial intelligence sector.

A record number of millionaires are expected to leave the United Kingdom this year due to political instability and the prospect of higher taxes under a potential Labour government, diminishing the country’s appeal as a top destination for the wealthy. According to a report released Tuesday by migration advisers Henley & Partners, up to 9,500 individuals with at least $1 …

Prices for new homes in China experienced their most significant decline in nearly a decade last month, indicating that Beijing’s ambitious real estate rescue efforts have not yet succeeded in stimulating demand. Data from the National Bureau of Statistics (NBS) on Monday revealed that prices in 70 major cities fell by 0.7% in May compared to April. This represents the …

A lawsuit filed by Elon Musk’s company X against the nonprofit watchdog group Media Matters has been scheduled for trial in April 2025, as per a court filing. The US District Court for the Northern District of Texas issued an order on Thursday, setting the date for the trial. This case revolves around Media Matters’ research, which highlighted antisemitic and …

Over the past two decades, buying a home has become significantly more challenging in many countries, especially in the United States. A recent report highlights the struggle of potential home buyers by designating certain major cities as “impossibly unaffordable.” This report analyzed the gap between average incomes and average home prices. It found that the surge in demand for homes …