Business

LONDON — European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what they call “abusive practices” involving its Marketplace online classified ads business. The European Commission, the 27-nation bloc’s executive branch and top antitrust enforcer, issued the 797.72 million euro ($841 million) penalty after its long-running … Read more

Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.” Disney earned $460 million, or 25 cents per share, for the period ended Sept. 28. A year earlier the Burbank, California-based company earned $264 million, or 14 … Read more

NEW YORK — A simple, uncommon ritual starts each staff meeting at Myosin Marketing. When everyone is gathered on Zoom, and before they get to the meat of the agenda, CEO Sean Clayton leads his team through a deep-breathing exercise. The practice sets the tone for the meeting, and helps his employees, most of whom … Read more

OSLO, Norway — The Norwegian equality minister said Thursday that she found it “completely unacceptable” that men on average earn 13% more than women as she reacted to a government report stressing that the pay gap in egalitarian Norway persists. The conclusion of the report, which covers the period 2015-2022, was on par with the … Read more

Superheroes and animation packed a punch for Walt Disney Co. as “Deadpool & Wolverine” and “Inside Out 2” propelled the company’s film studio to one of its best fiscal quarters. The Burbank media giant reported Thursday that its entertainment business took in $10.8 billion in revenue during its fiscal fourth quarter, an increase of 14% … Read more

Starbucks revealed the date it will hold Red Cup Day this year. The 2024 edition of Red Cup Day will occur on Thursday at participating locations across the country, according to the coffee house chain. During the annual day-long event, Starbucks said it will hand out free reusable red cups “while supplies last” to customers … Read more

Elon Musk is easily the world’s wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal government after placing a winning bet on Donald Trump’s election to the presidency. “It’s going to be a golden era for Musk with Trump in the … Read more

It’s been 24 years since audiences first saw Ridley Scott’s vision of the brutality of Rome’s Colosseum. Twenty-eight years since they chased an F5 tornado with Helen Hunt. Thirty-six years since they said a certain bio-exorcist’s name three times. But this year, all three properties have made, or will make, a comeback to theaters with … Read more

European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the US platform just three years ago. Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub’s new owner. Under terms of the deal, announced … Read more

At least 104 people have been sickened, with 34 hospitalized, in an outbreak of E. coli food poisoning tied to onions served on McDonald’s Quarter Pounder hamburgers, federal health officials said Wednesday. Cases have been detected in 14 states, according to an update from the US Centers for Disease Control and Prevention. One person died … Read more