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Dec 19 2024BUSINESS

Hollywood's Home Team: New Group Fights to Keep Productions in California

You might think Hollywood is all glamour, but there's a lot that happens behind the scenes. Recently, a new group called the California Production Coalition has formed to keep things in California. Why? Because other states and countries are offering crazy good tax breaks to lure in TV and film prod

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Dec 19 2024BUSINESS

AT&T Brings Staff Back to Offices Full-Time in 2025

After a year of hybrid work, AT&T is telling its U. S. employees to put on their business attire and head back to the office five days a week starting in January 2025. The telecom giant, based in Dallas, is making this shift after CEO John Stankey previously required staff to be on-site at least thr

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Dec 19 2024BUSINESS

Old Tech, New Life: Why a Bakery Sticks to Its 40-Year-Old Commodore 64 Cash Register

Imagine walking into a bakery and seeing cash registers that look like they arrived in a time machine. That’s the surprising sight customers encounter at Hilligoss Bakery in Brownsburg, Indiana. The business, which opened in 1974, still uses Commodore 64 computers as cash registers, a testament to t

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Dec 19 2024BUSINESS

Breweries in Transition: Closures, Changes, and New Opportunities

The craft beer scene in Colorado saw some significant shifts in 2024. Several breweries, like Grandma's House and Fiction Beer, called it quits due to burnout and tough market conditions. Rising costs and increased competition made it hard for many small breweries to stay afloat. However, there's a

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Dec 19 2024BUSINESS

Palantir's AI Prowess: From Defense to Prayer Apps, Stock Takes a Dive

Palantir, known for its AI capabilities, saw its stock dip after a brief rally. The company, heavily involved in the defense industry, snagged a $401 million contract extension from the Army for its AI-powered Army Vantage platform. Analysts believe this contract could be worth up to $619 million.

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Dec 18 2024BUSINESS

Car Sales Expected to Hit 2019 Levels in 2025

In 2025, U. S. auto sales are projected to reach their highest point since 2019, according to industry experts. The reason? Lower interest rates and better affordability for new cars and trucks. Cox Automotive predicts around 16. 3 million new light-duty vehicles will be sold next year, slightly mor

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Dec 18 2024BUSINESS

What's Up with Treasury Yields Before the Fed's Next Move?

Do you know that when Treasury yields go up, prices go down? Today, the 10-year Treasury note was barely changing, sitting around 4. 39%. Meanwhile, the 2-year Treasury note wasn't moving much either, hanging around 4. 21%. This happened right before the Federal Reserve makes its decision about inte

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Dec 18 2024BUSINESS

Kioxia's Stock Jumps on Tokyo Debut, Despite Bumps on the Road

Kioxia, Japan's third-largest maker of flash memory products, had a successful first day of trading in Tokyo. Its shares rose by 10 percent, ending at ¥1, 601. This comes after a long and bumpy journey for the chipmaker, formerly known as Toshiba Memory. Six years ago, Bain Capital bought Kioxia fr

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Dec 18 2024BUSINESS

Grubhub's $25 Million Lesson: No More Hidden Fees

Grubhub has agreed to pay a hefty $25 million to settle a lawsuit with the Federal Trade Commission (FTC). The food delivery giant was accused of tricking customers and drivers, while also damaging the reputation of restaurants. So, what exactly did Grubhub do wrong? First off, they were hiding the

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Dec 18 2024BUSINESS

Why Some Delta 737-900ERs Don't Have In-Flight Movies

Picture this: you're about to board a Delta flight, excited for the movie selection, but bummer! Not all Delta 737-900ERs have screens. That's right, out of Delta's 163 737-900ERs, 33 former Lion Air planes are taking a rain check on in-flight entertainment. Back in 2021, Delta snapped up these plan

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