In an era where movie theaters are struggling to attract audiences and the industry is facing content shortages, Fathom Events has emerged as a surprising success story. Despite the challenges posed by the pandemic and changing audience preferences, Fathom Events, a collaborative effort between major theater chains like AMC, Regal, and Cinemark, has seen a
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The U.S. Track & Field Olympic Trials have seen a new wave of athletes grabbing attention this year – the unsponsored ones. Clad in all-black, logo-less gear, these 35 athletes are part of Bandit Running’s Unsponsored Project. This initiative aims to challenge the traditional sponsorship model for professional athletes, providing support to up-and-coming competitors in
NASA and Boeing have decided to further extend the stay of the first Starliner crewed flight, known as “Calypso,” without setting a definitive return date for the capsule. The elongated mission comes as Boeing and NASA aim to carry out additional testing on the spacecraft back on Earth. This article delves into the reasons behind
Chinese automakers are projected to significantly increase their presence in the global automotive market, aiming to capture 33% of market share by 2030. This growth will be a substantial increase from the forecasted 21% market share for this year. The expansion is anticipated to occur primarily outside of China, with sales projected to increase from
Southwest Airlines shares took a hit in premarket trading as the carrier announced a reduction in its second-quarter revenue forecast. The airline cited changing booking patterns as the reason for the downgrade. Southwest now expects a 4% to 4.5% decrease in revenue per available seat mile for the second quarter, significantly lower than its previous
As we look ahead to the second half of 2024, there is a sense of uncertainty looming over the U.S. auto industry. Despite a 2.9% increase in sales during the first half of the year, concerns are rising about the industry’s ability to maintain this momentum in the coming months. Factors such as growing vehicle
Target’s latest move to collaborate with Shopify is expected to bring additional brands onto its online marketplace. The Minneapolis-based retailer announced that companies working with Shopify would have the opportunity to apply to join Target Plus, the retailer’s third-party marketplace. The strategic partnership with Shopify is anticipated to offer Target an opportunity to explore new
The real estate market is currently facing a significant roadblock, with sales of previously owned homes hitting a 30-year low. In May, sales remained stagnant, showing a mere 0.7% decrease from the previous month. Despite the hope for a spring recovery, Lawrence Yun, the chief economist at the NAR, expressed disappointment in the lack of
Gilead Sciences recently announced the successful results of a late-stage trial for their experimental twice-yearly HIV prevention medication, lenacapavir. The medication was found to be 100% effective in preventing HIV among the participants in the study. This breakthrough in HIV prevention has the potential to revolutionize the way HIV is prevented and managed. According to
In recent years, the box office has been missing a crucial component – family films. While a few successful kid-friendly hits have helped boost ticket sales, many family features have either opted for streaming releases or have been spread out too far apart in the theatrical calendar. However, the tide seems to be turning, with