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Beyonce Renaissance concert film to boost box office

Beyoncé performs onstage during the “RENAISSANCE WORLD TOUR” Kevin Mazur | Getty Images Entertainment | Getty Images Movie theaters will become a Bey Hive this December. Hot off the heels of a distribution deal to bring Taylor Swift’s filmed Eras Tour to cinemas, AMC Entertainment has partnered with Parkwood Entertainment …

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TikTok halts e-commerce service in Indonesia following ban

A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, in order to comply with new local regulations. The announcement comes after the Indonesian ministry of trade last week set …

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Meta’s news partnership head Campbell Brown is leaving the company

Campbell Brown. Getty Images Meta said Campbell Brown, the company’s top executive responsible for handling partnerships with news publishers, is leaving the company after seven years. The company said Tuesday that Brown, who was previously an anchor for NBC News and CNN, will become a consultant, stepping down from the …

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Sam Bankman-Fried trial begins; jury should be selected by Wednesday

Sam Bankman-Fried was sporting a fresh look at the first day of his trial Tuesday, with a spiffy new haircut reportedly given by a fellow inmate at the jail in Brooklyn where he’s been incarcerated since August over alleged witness tampering. The former CEO of bankrupt crypto exchange FTX was …

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Intel plans to IPO programmable chip unit within three years

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel said it will treat its programmable …

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House ousts Kevin McCarthy as speaker, a first in U.S. history

House Speaker Kevin McCarthy, a Republican from California, speaks to members of the media at the U.S. Capitol in Washington, D.C., Oct. 3, 2023. Nathan Howard | Bloomberg | Getty Images WASHINGTON — The House of Representatives on Tuesday ousted Republican Kevin McCarthy as speaker, the first time in history that the …

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Something is breaking in financial markets: What’s behind the sell-off

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, September 28, 2023. Brendan McDermid | Reuters That cracking sound in financial markets isn’t the typical kind of break, where one asset class or another fractures and gives way. Instead, this is more a …

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U.S. Treasury yields: investors weigh economic outlook

The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007. As of 8 a.m., the note rose more than 64 basis points to hit 4.727% as investors considered the state of the economy …

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Russian ruble weakens past symbolic threshold of 100 against the dollar

A woman looks at a board showing the rates of dollars and euros against the ruble in front of the exchange office on February 19, 2023, in Moscow, Russia. Russia’s economy is beginning to feel the weight of Western sanctions, following the start of the war against Ukraine.  Contributor | …

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Evergrande soars after trading resumes in Hong Kong

An aerial view of construction sites and new residential developments in the Nanchuan area of Xining, Qinghai province, China. Bloomberg | Bloomberg | Getty Images Stock Chart IconStock chart icon Evergrande shares jump after trading resumes Just last week, the Chinese property firm announced that its director and executive chairman …

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