Author: arthursheikin@gmail.com

[ad_1] Nostalgia sells — but not all the time.Disney is learning that lesson as it mines its library of iconic films for new versions. The Mouse House scored a win this past weekend with its live-action remake of “Lilo & Stitch,” which shattered expectations with a record-setting Memorial Day box office haul.”‘Lilo’ will provide a blueprint for future success,” Comscore box-office analyst Paul Dergarabedian told Business Insider. He added that “there’s got to be a corporate mandate” at Disney to dive into the vault in search of material for further remakes.There’s one problem for Disney: It could be running out of…

[ad_1] Jasmine Bloemhof was starting to build a career in publicity when she got married at 23. By the time she filed for divorce, a month shy of her 31st birthday, she was a stay-at-home mom with two toddlers and a nearly $50,000 student-debt balance hanging over her head. She had no savings to speak of.”Just seven days before filing for divorce, I had accepted a remote job as a publicist — something I was genuinely excited about,” says Bloemhof, now 41 and in Los Angeles. Just as she was about to start, the agency rescinded the offer. “They said…

[ad_1] This as-told-to essay is based on a conversation with Donald Kimmel, 78, who retired from his role as a bone biologist 16 years ago but continues consulting and peer reviewing articles. Kimmel, who lives in The Villages, Florida, said he’s stayed healthy and active and has enjoyed his retirement years, even though he doesn’t often get to the beach. His words have been edited for length and clarity.Socially and career-wise, I have no major regrets. I had several related jobs which I loved, which were well-suited to my temperament, and were financially well-compensated.I graduated from college as a chemistry…

[ad_1] CNN  —  Stock futures gained Thursday after a federal court ruled that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to raise prices for businesses and slow the economy. Investors cheered – but not overwhelmingly. Dow futures rose 200 points, or 0.5%. S&P 500 futures were up 1.1%. And the tech-heavy Nasdaq futures were 1.6% higher, boosted by Nvidia’s strong earnings Wednesday afternoon. Gains were somewhat muted because the fate of Trump’s tariffs remains unclear. Trump’s administration immediately appealed, so the ruling may ultimately be overturned.…

[ad_1] To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers NVIDIA and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. NVIDIA plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI workload needs with its new Radeon AI PRO R9700 workstation GPU, Digitimes reported, adding that the companies will likely start selling these AI chips in China from July. Earlier this week, Reuters reported that NVIDIA is working on a new budget AI chip built…

[ad_1] HP dived as much as 15% in extended trading on Wednesday after reporting second-quarter earnings that were hit hard by tariffs.”Due to additional tariff costs that could not be fully mitigated in the quarter, our non-GAAP operating profit fell short of expectations,” HP’s CEO, Enrique Lores, said on Wednesday’s earnings call.Second-quarter revenue rose 3.3% to $13.22 billion, beating analyst expectations of $13.14 billion. Profit fell 17% to $700 million compared to the same period last year, missing expectations.The earnings report and guidance disappointed investors despite HP’s efforts to dampen the impact from tariffs by diversifying its supply chain.”We recently…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is an adviser on Islamic finance, a member of the Council on Foreign Relations and millennium fellow at the Atlantic Council The global sukuk market for Islamic finance faces a pivotal moment. A new framework from the Accounting and Auditing Organization for Islamic Financial Institutions threatens to destabilise a $1tn market that has become a vital funding source for sovereigns and corporates across the Middle East, Asia and beyond.The spiritual imperative behind proposed changes to AAOIFI’s Shariah Standard 62 is deeply respected. They seek…

[ad_1] Donald Trump’s two eldest sons came to America’s gambling capital to call for a new financial order — and the demise of the country’s biggest banks. Eric and Donald Trump Jr took the Bitcoin conference by storm, promising a bonanza for digital asset holders, not least thanks to their father’s moves to lift the reins on their industry.The brothers, stars in a firmament of crypto celebrities in Las Vegas this week, arrived to a stage named after Satoshi Nakamoto, the pseudonymous developer of bitcoin, following a string band’s rendition of techno anthem “Sandstorm”. They had Wall Street in their…

[ad_1] Stay informed with free updatesSimply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox.The bond vigilantes are growling and baring their teeth, and authorities around the world (most of it, anyhow) are doing the right thing, and backing away. But the risk of bond wobbles spiralling in to a broader outbreak of nerves across markets is high.From the US to the UK and Japan, bond investors are making it clear they are unwilling to be used as a low-cost cash machine for government spending for ever. The circumstances for each country vary but the…

[ad_1] The moment Nvidia CEO Jensen Huang had the floor during the company’s first-quarter earnings call on Wednesday, the executive knew there was one thing on everyone’s mind: China.The question of the day for Nvidia’s earnings was how big of a hit would the chipmaker take as a result of the Trump administration’s export restrictions on H20 chips.The short was that it’s big, but not big enough to shake Wall Street’s confidence in Nvidia’s position as an AI juggernaut.Nvidia reported $44.06 billion in revenue for the quarter despite losing one of its biggest customers in the East, beating Wall Street’s…