Business

Disney-owned streaming trifecta unveils price hikes, ad-supported Disney+

Disney-owned streaming trifecta unveils price hikes, ad-supported Disney+

Disney Since its launch in 2019, Disney+ has only slightly jumped in subscription costs for both monthly and annual fees. If active subscribers don’t check their account settings when a major Disney+ change goes live later this year, they won’t notice a difference in their bills, as the streaming service’s “base” price will remain $7.99 …

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This CEO posted a crying selfie on LinkedIn. It didn’t go over well.

This CEO posted a crying selfie on LinkedIn. It didn’t go over well.

Placeholder while article actions load If he had thought about it longer, Braden Wallake might not have posted a picture of himself crying on LinkedIn. But Wallake, the 32-year-old chief executive of HyperSocial, a marketing start-up, had just laid off employees for the first time, he said in an interview with The Washington Post. He …

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FTC weighs sweeping new rules on 'commercial surveillance' and Big Data | CNN Business

FTC weighs sweeping new rules on ‘commercial surveillance’ and Big Data | CNN Business

Washington CNN Business  —  The Federal Trade Commission is considering whether to write sweeping new regulations that could restrict how businesses collect and use consumer data, hinting at a possible crackdown on commercial algorithms and a sprawling economy powered by the personal information of millions of Americans. On Thursday, the FTC announced it is accepting …

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A 48-year-old man is in custody after a fight at GM's Orion Assembly Plant led to a co-worker's death.

General Motors plant fight ends in one death

DETROIT — A 49-year-old Pontiac man is dead following a fight at General Motors’ Orion Assembly plant in Orion Township, the Oakland County Sheriff’s Office confirmed Thursday in a news release.  The sheriff’s office also said in the release that it had a 48-year-old male coworker in custody. In the release Oakland County Sheriff’s Communications Officer Steve Huber said detectives …

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Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was …

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Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was …

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With inflation still running hot, Social Security recipients could get $1,900 boost next year

With inflation still running hot, Social Security recipients could get $1,900 boost next year

Older American and others on Social Security could get a significant bump in their annual cost-of-living adjustment next year, with experts forecasting that the typical recipient could receive an additional $1,900 in 2023 to keep up with inflation.  Many seniors have struggled this year as their 2022 bump, 5.9%, lagged the hottest inflation in 40 …

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Mortgage rates climb above 5% once again | CNN Business

Mortgage rates climb above 5% once again | CNN Business

CNN  —  Mortgage rates climbed above 5% again, after dipping below that threshold for the first time in months a week earlier. While the volatility in mortgage rates remains, there are signs that the housing market is starting to stabilize. The 30-year fixed-rate mortgage averaged 5.22% in the week ending August 11, up from 4.99% …

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