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It's Your Business | From side hustles to sweet and savory success
Siddity Pig Pork Snacks is gearing up to open its first brick-and-mortar location at 2004 S. Neil St. in Champaign alongside Sugar Dust Creations, another homegrown business.
Is Melco Resorts & Entertainment (MLCO) A Bargain Following Mixed Q2 Earnings?
Melco Resorts & Entertainment (MLCO) has just reported its second quarter and first half 2026 results, with lower revenue than a year ago but higher net income and earnings per share, drawing renewed attention to the stock. See our latest analysis for Melco Resorts & Entertainment. At a share price of US$5.49, Melco Resorts & Entertainment has seen short term share price support, with a 1 day move of 2.62%. However, the year to date share price return is down 26.9% and the 1 year total...
Six Flags Entertainment (FUN) Unveils Big Halloween Push As Fair Value Debate Heats Up
Six Flags Entertainment (FUN) has put its Halloween plans at center stage, unveiling its largest ever lineup of horror attractions and licensed franchises across North America for the 2026 season. See our latest analysis for Six Flags Entertainment. The Halloween announcement arrives after a mixed stretch for Six Flags Entertainment, with the share price at US$16.73 and an 8.01% year to date share price return, but a 35.78% decline in 1 year total shareholder return. This pattern suggests...
World Humanoid Robot Games: How to watch
China's second World Humanoid Robot Games kicked off Saturday in Beijing. The spectacle comes as China pours money into its humanoid robot industry.
Could another Hollywood mega-merger cost California thousands of jobs?
Former studio execs warn industry uncertainty could pause production and already cost Hollywood jobs
How will NASA's astronaut training hub change with commercial space stations?
A tour of Johnson Space Center in Houston shows how NASA and private industry are already working together on the future of human spaceflight.
Downtown Phoenix's 1st luxury hotel with a spa is preparing to open
So far, Denū has inked deals for business groups from the legal, automotive, sports and banking and finance industries for stays and events in the fall.
WEBTOON Entertainment (WBTN) Faces A Valuation Test After Weak Results And Modest Outlook
WEBTOON Entertainment (WBTN) shares are reacting after the company reported second quarter 2026 results, which showed lower sales and a wider net loss, along with third quarter guidance that points to modest constant currency revenue growth. See our latest analysis for WEBTOON Entertainment. WEBTOON Entertainment’s recent update comes after a weak run for holders, with the share price down 33.38% year to date and the 1 year total shareholder return declining 42.03%. However, the 1 day and 7...
Fancy new business class suites cause headache for aviation industry
Airlines are competing for the fanciest business class following the boom in premium travel, but new suites require rigorous certification testing.
Dune and dusted - F1 drivers mourn "old school" Zandvoort loss
On the eve of the Dutch Grand Prix's Formula 1 swansong, drivers are waving goodbye to one of their favourite circuits on the calendar
What Dallas Mavericks, Klay Thompson Buyout Means for Organization
The Dallas Mavericks are very clearly heading into a new era.From hiring Masai Ujiri as the franchise’s lead executive, to moving on from Jason Kidd to Dusty May as head coach – there’s little secret that Dallas is turning a new leaf.This much is continuing to be true with the franchise’s announcement that Klay Thompson […] The post What Dallas Mavericks, Klay Thompson Buyout Means for Organization appeared first on HEAVY.
Industrial policy meets red state politics
Manufacturing jobs aren't always as popular as politicians think.
IGN Entertainment brings Women In Gaming networking event to Gamescom
Breakfast gathering on Wednesday 26th is supported by GamesIndustry.biz
Get tickets to the 2026 Louisiana Energy Awards
Some of the biggest names in the energy industry will be honored this fall as Business Report’s 10/12 Industry Report hosts the Louisiana Energy Awards, recognizing the leaders, companies, and projects driving the state’s energy future. Honorees will be announced at a high-profile celebration on Wednesday, Nov. 18, 2026, at L’Auberge Casino & Hotel in Baton Rouge, […]
AMC Entertainment (AMC) Is Down 6.1% After Proposing Major Board and Shareholder Rights Changes
In August 2026, AMC Entertainment Holdings, Inc. announced that shareholders had been asked to approve amendments to its Certificate of Incorporation to declassify the board, shorten existing director terms to the next annual meeting, and remove limits on board size. The company also proposed expanding shareholder rights by allowing action by written consent and removing restrictions on investors’ ability to call special meetings, marking a meaningful shift in AMC’s governance...
The Business of Katseye
As the world’s first multi-ethnic, English-language group modeled on the K-pop framework, Katseye has broken significant industry barriers. Their continued high-profile activities indicate their ability to adapt despite recent controversy. But can their influence be sustained?
The Epicenter: Women’s Global Sports Summit
Industry leaders from across women’s sports gathered at the Nike campus on Thursday for the second annual Women’s Global Sports Summit as part of Epicenter Week.
Hacker targets Grand Theft Auto VI in apparent leak
Multiple gameplay clips and an apparent GTA VI map surfaced online in what the purported hacker says is a protest of the gaming industry’s shift to all-digital releases.
How data centers can stanch the political bleeding
Politicians are stampeding to distance themselves from an important industry.
University of Arkansas establishes materials research institute
The University of Arkansas announced Thursday (Aug. 20) the launch of a new research institute that’s expected to “transform materials research into real-world solutions for industry, society and the state.”...
To Probe Mark Walter’s Business, DOJ Sought Egan-Jones’ Records
As billionaire Mark Walter’s insurance companies invested in bonds, they often relied on Egan-Jones, which provided the only known ratings for more than a fifth of those assets, according to industry records.
Michael Cohen, Trump's former fixer-turned-enemy, is hosting the president on his radio show
President Donald Trump is expected to make a public reunion with the man who once called him a “Cheeto-dusted cartoon villain” and testified against him both in court and before Congress.
Tencent Music Entertainment Group (TME) Stock Climbed, What Is Driving Attention Now?
Tencent Music Entertainment Group (TME) reported its second quarter 2026 results, with revenue supported by newly consolidated audio platform Ximalaya. Management also highlighted live entertainment, merchandise, and artist partnerships as growth areas. See our latest analysis for Tencent Music Entertainment Group. The Q2 2026 earnings release, the completion of a US$400 million share repurchase covering 2.82% of shares, and Tencent Music Entertainment Group's recent music IP summit come...
City National Bank Celebrates 15 Years of Serving the Nashville Entertainment Industry with Six $15,000 Grants to Nashville Nonprofits
/PRNewswire/ -- City National Bank today announced $15,000 donations to six nonprofits, totaling $90,000, to celebrate its 15-year anniversary serving the...
Spoiler Alert: How To Manage NDA Breaches In The Entertainment Industry
Nothing is more frustrating than when a member of a project leaks key details about an upcoming film, game release, album, talent decision, or other major production. And if those moves violate a non-disclosure agreement, they create an actionable situation for your legal team. What should you do when talent or employees violate an NDA and how can you mitigate the damage? This Insight will cover practical steps for entertainment employers to respond when an NDA is broken.
NCAA enters into sponsorship sales agreement with Playfly Sports
The NCAA on Thursday announced it has entered into a sponsorship sales agreement with Playfly Sports, the sports industry’s leading revenue maximization company.
The Apophis encounter in 2029: A rare opportunity for planetary science and defense
The near-Earth asteroid Apophis will make an extremely close flyby of Earth on April 13, 2029, at a distance of approximately 38,000 km—an event that occurs on average only once every 7,500 years, offering an unprecedented opportunity for planetary science and planetary defense. However, significant uncertainties remain regarding the physical parameters of Apophis, such as its shape, spin state, internal structure, and material composition, and predictions of tidal effects—including potential orbital changes, spin acceleration, surface material displacement, and dust ejection during the flyby—are highly dependent on model assumptions. Although multiple nations have planned exploration missions, how to coordinate global observational resources within the limited time window, optimize rapid-response mission architectures, and translate scientific understanding into effective planetary defense strategies remain critical challenges to be addressed.
Michigan Athletics and SIDEARM Sports to Deliver New-Look Digital Experience
The University of Michigan Department of Athletics and SIDEARM Sports, the industry-leading digital platform provider in college athletics, announced today (...
Is PENN Entertainment (PENN) A Bargain Following Its $195 Million New Orleans Casino Move?
PENN Entertainment (PENN) has announced plans to invest about US$195 million to shift its Boomtown Casino & Hotel New Orleans operations to a new landside site and rebrand the venue as Hollywood Casino New Orleans. See our latest analysis for PENN Entertainment. The New Orleans project comes after a busy period for PENN Entertainment, with the stock showing an 11.14% 90 day share price return and a 24.98% year to date share price return, although the 1 year total shareholder return is...
Trump joins leaders of crypto companies in push for industry-backed bill
President Donald Trump on Wednesday called for Congress to pass legislation that could lend greater legitimacy to the fast-growing industry — which includes the Trump family business.
Ties to data centers could cost Ohio Sen. John Husted his seat, memo warns
A GOP memo obtained by The Post urges the tech industry to take action to improve the image of the controversial facilities.
Q2 Earnings Highlights: agilon health (NYSE:AGL) Vs The Rest Of The Outpatient & Specialty Care Stocks
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at agilon health (NYSE:AGL) and the best and worst performers in the outpatient & specialty care industry.
Drive for nuclear power boosts uranium industry — and tribal health concerns in southwest
For decades, White Mesa uranium mill has sparked debate over whether radioactive contamination threatens human health by getting into the water and air.
Why Flutter Entertainment (FLUT) Is Down 6.2% After Profit Turnaround, Lower Guidance And CEO Change
Flutter Entertainment plc recently reported past second-quarter 2026 results showing higher sales of US$4.33 billion but a shift to a net loss of US$274 million, alongside lower full-year 2026 revenue guidance and confirmation of a CEO transition to Dan Taylor from October 1, 2026. The combination of rising sales, a move into losses, trimmed revenue expectations, and boardroom change presents a complex picture of operational progress alongside profitability and leadership uncertainty for...
Stripe Buys A.I. Start-Up OpenRouter for $7.5 Billion
The deal is significant for the artificial intelligence industry, uniting Stripe’s payments business with OpenRouter’s helping businesses direct their spending on A.I. models.
Taylor Sheridan says 'Yellowstone' ranch spinoff '6666' won't happen
Taylor Sheridan has drastically pulled back on the reins on the "Yellowstone" spinoff "6666." The creator of the Sheridan TV Universe kicked up dust with the Aug.
Real-world study of Oregon's nonmedical psilocybin program shows promise
Oregon was the first state to establish a legalized and regulated psilocybin industry. Since then, thousands have tried magic mushrooms. Here is the first data from the state's real life experiment.
Real-world study of Oregon's nonmedical psilocybin program shows promise
Oregon was the first state to establish a legalized and regulated psilocybin industry. Since then, thousands have tried magic mushrooms. Here is the first data from the state's real life experiment.
Addressing the 'valleys of despair' caused by the growing sports betting industry
The sports betting industry has seen explosive growth in revenue in the past six years, but how is it affecting society?
Leading from experience, innovating with purpose: Meet the Marquette Business Executives-in-Residence
The Executives-in-Residence program connects Marquette Business with accomplished industry leaders and real-world insight.
COOL vs growing the business
Contrasting emails highlight the ongoing COOL controversy while beef industry experiences record demand and producer prosperity without mandates.
James Gibson and Cutter Leftwich Named to 247 Sports 30Under30 List
Kentucky football assistant coaches James Gibson and Cutter Leftwich were named to the 2026 edition of the 247 Sports’ 30Under30 List, recognizing the fastest-rising personnel and assistant coaches in college football. The list is in its 10th year and is compiled by a bevy of contacts across the industry.
Why car dealerships are a 'hedged' business
The auto industry is cyclical, but one segment of it seems to be far more resilient to downturns: the auto dealer. Parts and service departments are responsible for about half a dealership’s profits, and finance and insurance arms can contribute nearly a quarter. Now that the affluent car buyer is showing signs of weakness, dealers are leaning more on profits and finance and insurance to drive profits. Here’s why that has worked for them in the past, and why it may be challenged in the future.
Saturday Morning Cartoons United aims to celebrate, support animation
From Betty Boop's birthday bash to a “Pee-wee’s Playhouse” Christmas Special spectacular, Saturday Morning Cartoons United is looking to turn nostalgic interest into a force for good for the ailing animation industry.
Cornerstone Business Credit Funds Multi-Million-Dollar Asset Acquisition
Cornerstone Business Credit recently funded a multi-million-dollar asset acquisition for a company in the eyeglass industry.
Trump's White House business shindig will be a cesspool of financial conflicts
He's welcoming leaders of crypto firms and prediction markets—industries he's deeply invested in—to discuss regulation.
The fake L.A. mayor poll adds to challenges facing the public opinion industry
The fake opinion survey showing Karen Bass with a commanding lead in the L.A. mayoral race comes amid a wave of low-quality polls that have missed the mark in marquee races.
A cosmic rule just broke—could this discovery rewrite how we count stars? - Futura-Sciences
Mechanics of the initial mass function Stars form when giant clouds of interstellar gas and dust collapse under their own gravity. To calculate the total mass of distant galaxies, scientists use the Initial Mass Function (IMF). Developed in part by astrophysicist Edwin Salpeter, this mathematical tool describes the initial distribution...
Kareem Rahma reveals why ‘Subway Takes’ is the future of entertainment
The Subway Takes host believes that the wild mix of short-form nominees reflect where the industry is going.
Health alert issued in Bernalillo County until 1 p.m. due to dust
Health alert issued in Bernalillo County until 1 p.m. due to dust
Inside the Golf Cart Business
This week on Entrepreneurial Shades of Gray, we’re taking a look inside the golf cart industry.
CMS announces QualTech event focusing on innovative technology to improve health outcomes
The Centers for Medicare & Medicaid Services yesterday announced the launch of QualTech, a new event created to identify innovative technology that improves health outcomes. CMS is seeking participants from U.S-based teams, academic institutions, nonprofit organizations, private sector companies, industry associations and other stakeholders to propose technology solutions in advance of the event.
Meet the 2026 Louisiana Energy Awards honorees and finalists
10/12 Industry Report today named the honorees and finalists for its second annual Louisiana Energy Awards, which will be presented Nov. 18 at L'Auberge Casino Hotel in Baton Rouge. Two honorees ha… Already an INSIDER? Sign in. Already an INSIDER? Sign in
N.C. A&T’s Honors College Hosts 2026 Honda STEM Summer Camp on Biotechnology, Data Science
N.C. A&T’s inaugural Honda STEM Summer Camp gave 29 students hands-on experience in biotechnology, data science, AI and emerging technologies through research, mentorship and industry engagement.
Ohio firefighters responding to explosions and a fire at Toledo industrial recycling business
Ohio firefighters responding to explosions and a fire at Toledo industrial recycling business
Protecting Science from Government Intimidation
In an era where people can easily publish ideas and find an audience online, how much damage can a travel and immigration policy actually do to the integrity of science and industry? Lots.
Developer buying Ford City Mall tweaks industrial plan in bid for city approval
Winning public support for plans to replace commercial properties with warehouses has proven difficult in recent years.
Ohio firefighters responding to explosions and a fire at Toledo industrial recycling business
Explosions have rocked an Ohio industrial recycling business, sparking a large fire that drew emergency responders
Business Process Outsourcing & Consulting Stocks Q2 In Review: Concentrix (NASDAQ:CNXC) Vs Peers
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the business process outsourcing & consulting industry, including Concentrix (NASDAQ:CNXC) and its peers.
Business understanding drives small commercial satisfaction gap, JD Power finds
New data shows a 203-point satisfaction gap between small business clients whose brokers know their industry and those whose don't
The fun and flexibility of data science
Taylor Bolt spent his Ph.D. and postdoc digging through brain imaging data for clues to cognition. In industry, the datasets are different but the joy of answering questions with data remains.
Martin Bishop Named Crain's Chicago Business 2026 Notable Leader in Law
Crowell & Moring Health Care Group co-chair and Management Board member Martin J. Bishop has been named to Crain's Chicago Business' 2026 list of Notable Leaders in Accounting, Consulting & Law, recognizing significant professional leadership, industry impact, mentorship, and community involvement. Learn about his practice and achievements.
GCs in Tech, Entertainment Industries Bagged Biggest Bucks in 2025
General counsel compensation rocketed to record-shattering levels in 2025, fueled by a hypergolic mix of volatile long-term stock awards and the expanding value of legal chiefs as crucial members of the C-suite.
Neighboring business makes top bid for vacant Reserve Center in Grand Rapids
A Grand Rapids industrial equipment dealer placed the highest bid in the auction for an old Navy and Marine Corps Reserve Center next door.
Flutter Entertainment (FLUT) Swings To Loss And Cuts Outlook, Is It Still Below Fair Value?
Flutter Entertainment (NYSE:FLUT) is under closer scrutiny after its latest earnings release showed a move from profit to loss, accompanied by lower 2026 revenue guidance and a planned CEO change later in the year. See our latest analysis for Flutter Entertainment. Flutter Entertainment's recent earnings miss, lower 2026 revenue guidance and move to a sole New York listing have coincided with a 1 day share price return of 3.14% and a 7 day share price return of 7.57%. However, the year to...
Will Anthropic and OpenAI Stop Selling Their Best AI to Businesses?
Anthropic and OpenAI’s move to develop AI applications and features tailored to specific industries continues to worry their customers, some of which must now compete head-on with their main AI suppliers. Design app Canva is the latest to find itself in this predicament, as we reported earlier ...
NIU: Where science, industry and education unite to tackle convective storm impacts
At NIU, an innovative research center is bringing scientists and industry together to turn severe weather science into real-world solutions that protect communities and shape the next generation of experts.
Hayden Panettiere Was Early Home Entertainment Video Star
Actress Hayden Panettiere, who died unexpectately Aug. 16 at the age of 36 in Greenville, S.C., leaves behind a film and TV career that got its start in the nascent home entertainment video industry in the early 2000s. Panettiere’s Hollywood star rose following memorable runs on NBC’s “Heroes” (2006 – 2010), and ABC/CMT’s music drama … Continue reading "Hayden Panettiere Was Early Home Entertainment Video Star"
Beyond the Buzz: How AI Is Rebuilding the Entertainment Industry
Walk the halls of any major media conference and you’ll find one topic that dominates the conversation. Artificial intelligence. It surfaces in discussions about content discovery, advertising, programming, localization, customer engagement, metadata, audience measurement, marketing and production. Regardless of whether the conversation begins with FAST channels, subscription streaming, connected television or advertising technology, it almost … Continue reading "Beyond the Buzz: How AI Is Rebuilding the Entertainment Industry"
Michigan’s health care boom is reshaping its economy — and its skyline
For seven decades, the massive, neoclassical General Motors Building served as the headquarters of what at one time was the world’s largest industrial corporation.
AMC Entertainment Holdings (AMC) Proposes Governance Changes, Is The Rebound Already Priced In?
Governance changes put AMC Entertainment Holdings (AMC) in focus AMC Entertainment Holdings (AMC) has put corporate governance firmly on the agenda, asking shareholders to vote on declassifying its board, expanding stockholder rights, and loosening limits on director numbers at the September 24, 2026 annual meeting. See our latest analysis for AMC Entertainment Holdings. The governance proposals arrive after a sharp rebound in AMC Entertainment Holdings’ share price, with a 30 day share price...
Cooley’s Business Czar Navigates AI Deals ‘Unmoored’ to Numbers
Fast-moving artificial intelligence deals are changing the equation for buyers and their lawyers, according to veteran tech attorney Peter Werner.
Data Centers and Historic Heat Test Texas’ Business Strategy
Good Counsel columnist Carliss Chatman writes that recent heat waves and mushrooming data center plans in Texas are creating tension between the Lone Star state’s welcome mat to incorporate there, and it’s ability to support the infrastructure needed for business and taxpayers.
"Marvel's Spider-Man: Beyond Amazing" reaches last day at Griffin Museum of Science and Industry
Sunday was the last chance for visitors to see the "Marvel's Spider-Man: Beyond Amazing" exhibition at the Griffin Museum of Science and Industry.
Final day for Spider-Man exhibit at Griffin Museum of Science and Industry
Melco Resorts & Entertainment Limited Just Missed Earnings - But Analysts Have Updated Their Models
It's shaping up to be a tough period for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), which a week ago...
20 New Watches You Missed from Seiko, Timex, IWC and More
Keep time with the industry's most exciting new watches, including Seiko, Casio, Timex, IWC TAG Heuer and more.
Astronomers find water in the harsh environment near the Milky Way's black hole — Space photo of the week
Astronomers detected dust and water surprisingly close to the Milky Way's central black hole, Sagittarius A*, offering a rare direct view of how evolved stars may behave in hostile settings.
Guest Commentary: ‘New weather’ reality defies politics
The climate has caused more disruptions this summer. Liberal politicians will blame the fossil fuel industries for continuing to drive up greenhouse gas emissions in the atmosphere; conservatives will blame regulation and lack of…
Earnings Release: Here's Why Analysts Cut Their Dolphin Entertainment, Inc. (NASDAQ:DLPN) Price Target To US$3.00
It's been a good week for Dolphin Entertainment, Inc. ( NASDAQ:DLPN ) shareholders, because the company has just...
AMC Entertainment Holdings (AMC) Puts Board Declassification And Shareholder Rights To A Vote
AMC Entertainment Holdings (NYSE:AMC) outlines proposed corporate governance changes ahead of its upcoming annual shareholder meeting. The company seeks to declassify its board of directors so all directors stand for election more frequently. Proposals include expanded shareholder rights to act by written consent and to call special meetings. Investors are weighing how the reforms could affect board accountability and shareholder influence at AMC. For readers watching AMC and looking for...
In a world of wildfires, logging can improve forest health
Smoke from Spokane wildfires temporarily cleared Tuesday, giving way to a bluebird morning. Greg Mason, surrounded by luscious mountains near Twin Lakes, maneuvered a giant hydraulic clamp to the base of a white fir. Amid a symphony of grinding steel and a plume of kicked-up dust, Mason, who’d been working since 3 a.m., used this tank-like piece of heavy forestry equipment called a feller buncher to rip the large evergreen conifer out of the earth like a toothpick.
Melco Resorts And Entertainment (MLCO) Stock Shrugs Off Margin Pressure##
Melco Resorts & Entertainment stock barely flinched after earnings, edging about 2% higher to around US$5.60. The market reaction looked calm for a casino operator that just reported a sharp squeeze in quarterly profitability. Net income fell to US$22.7m in Q2 on US$1.25b of revenue, with basic earnings per share slipping to US$0.06. The near term snapshot looks soft. The bigger question is whether investors focus on this margin pressure or on a business that, over the past year, has reported...
Six Flags Entertainment (FUN) Following Wider Losses Is The Fair Value Case Still Intact
Six Flags Entertainment (FUN) has drawn fresh attention after reporting second quarter 2026 results that showed lower revenue and larger net losses compared with the same period a year earlier. See our latest analysis for Six Flags Entertainment. Following the results, Six Flags Entertainment’s share price has moved to $16.68, with a 1-day share price return of 1.46% and a 7-day share price return of 5.90%. However, the 90-day share price return is down 21.76% and the 1-year total shareholder...
Arizona has become a destination for women’s sports
Arizona has evolved into one of the nation's fastest-growing women's sports markets. Coaches, athletes and industry leaders explained how decades of progress, increased visibility and investment transformed the state's women’s sports culture.
Is the NFL standing down on early media rights negotiations?
This originally appeared in Friday’s edition of The A Block, Awful Announcing’s daily newsletter with the latest sports media news, commentary, and analysis. Sign up here and be the first to know everything going on in the sports media world. It was another active week on the NFL media rights front as the industry digested…
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’
The travel industry, like every sector, is experimenting with the best use cases for AI. Fogel is working towards a world where tourism becomes an intelligence system in its own right
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’
The travel industry, like every sector, is experimenting with the best use cases for AI. Fogel is working towards a world where tourism becomes an intelligence system in its own right
The $500+ Million Digital Twin in Entertainment Market 2026: Industry to Quintuple in Size, Exceeding $2.5 Billion by 2032
Growth is driven by AI-powered platforms, real-time 3D visualization, virtual production, digital humans, cloud collaboration and immersive experiences...
DOJ identifies home health, hospice fraud as key healthcare enforcement priority
In a new memo outlining the National Fraud Enforcement Division’s enforcement priorities in a variety of industries, the Department of Justice called out home health and hospice fraud as an area of focus in the healthcare sector.
The Week in Business: Why Is Heavy Industry on One Upscale Part of the Riverfront?
This week’s top stories from Twin Cities Business.
Virginia hemp businesses file lawsuit over new restrictions taking effect Saturday
A major change is about to reshape Virginia’s hemp industry, with new restrictions set to take effect Saturday as several businesses try to stop the law.
Multiple employees hospitalized after incident at Hudson industrial businesses
Several employees at an industrial business in Hudson were brought to area hospitals with various symptoms Thursday morning, prompting a hazardous materials response.
BREAKING: Netflix to shut down two more game studios
Netflix is sticking with video games but once again reducing the number of studios it owns making games. The streaming giant is closing Los Angeles-based Night School studio, which it acquired in 2021 and plans to close Helsinki-based Moonloot, which was founded in 2022. Just six weeks ago, Night School had released Unhinged, a novel 30-minute first-person horror game, streamable on TVs to Netflix users. The game was hailed by Netflix co-CEO Greg Peters in a call with investors. Six weeks later, Night School is closing. Prior to its Netflix tenure, Night School had developed the award-winning supernatural thriller Oxenfree. A second Oxenfree game followed after the purchase, as well as a mobile game designed to tie in to an episode of the Netflix show Black Mirror. Netflix attributed the studio closures to a prioritization around kids gaming, party games, story-driven fare and games with mainstream hooks, such as a recently released FIFA game. “We see an opportunity to be more focused in our execution, so we are making organizational changes to the business to match those priorities,” a Netflix spokesperson told Game File. Netflix is also cutting jobs from its internal games team. A rep declined to say how many jobs were being lost by these cutbacks. “We are incredibly grateful to the talented colleagues we’re saying goodbye to today. We thank them for all their contributions to Netflix, and wish them the best,” the rep said. Netflix started releasing video games, initially on mobile as a free bonus to subscribers, in 2021. By 2023, Mike Verdu, then the head of Netflix’s game operations, was telling me that the company was committed to growing carefully, as it offered more games and built up internal game studios. At the time, it hadn’t made any gaming job cuts. Since then, Netflix has altered its approach. In 2024, it shut down Team Blue, a start-up studio led by ex-Call of Duty and Halo developers that was exploring making a high-end first-person game for the service. Last October, Netflix shut down another studio, Boss Fight, shortly after Peters praised the team’s Squid Game game to investors. (One of Boss Fight’s main developers now works on the Netflix FIFA game for outside studio Delphi.) And in December, Netflix sold cozy game studio Spry Fox back to its founders. Amid all of this, Netflix has shifted from emphasizing mobile games to offering games through TVs and PCs, via streamed connections, with phones used as controllers. That’s how Night School’s Unhinged worked, along with games such as Boggle and Party Crashers that have collectively helped the Netflix game controller app chart well on mobile app stores. The studio cuts leave Netflix with a central gaming team that works with external developers, and a dedicated first party studio in, Helsinki-based Next Games, which produced many of the company’s couch-centric party games. The move away from having a roster of internal game studios aligns with Netflix’s own approach to shows and movies, which are largely produced externally. The company owns few TV/film production studios of its own. The gaming industry overall is seeing large holders of multiple studios cut back, with Sony, Ubisoft, Embracer, Microsoft and other giants closing or selling off studios. Cuts in California-based studios, where costs often run relatively high, have been particularly acute. Netflix has faced skepticism about its gaming plans for years. The moves today are likely to fuel them, and the company has few upcoming projects to counter the narrative. Among the few hinted, acclaimed independent studio Don’t Nod said last year it was working on a game tied to a major Netflix franchise.
Hazmat incident at Hudson business sends 16 people to hospitals
Sixteen people were hospitalized at an industrial business in Hudson, Massachusetts, on Thursday, fire officials said. A chemical process is believed to have contributed to what happened, according to the Hudson Fire Department, which called in a Hazardous Materials team to help respond to the incident, reported about 8:47 a.m. on Parmenter Road. Employees at the business reported serious illnesses,…
Edinburgh international film festival showcases a Scottish industry in rude health
This year’s festival is superpowered by a strong year for Scottish cinema, showing it can thrive under the ‘four dimensional perpetual catch-22’ of global ambitions
16 people hospitalized following chemical Hazmat incident at Mass. industrial business
Over a dozen people were hospitalized after a chemical incident at a Massachusetts industrial business made workers seriously ill.
President Of Law&Crime And Court TV Talks The Business Of True Crime
Rachel Stockman, the president of Law&Crime and Court TV, joined "Forbes True Crime" to discuss the multi-billion-dollar true crime industry.
Fresno bets on hotels, downtown investment to grow convention business
Fresno is using new hotel rooms, venue management and downtown investments to attract more conventions as the global events industry grows.