Business

Morrisons has defended increased executive rewards as profits tumbled during the coronavirus crisis last year, following a massive investor revolt. Just over 70% of votes cast at the supermarket chain’s annual general meeting (AGM) rejected the remuneration report for its last financial year. In advance of the virtual meeting, Sky News reported that several investor
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EXCLUSIVE: Famed sports broadcaster Jim Rome has signed with ICM Partners for representation. Boasting more than three decades as a broadcasting star, Rome is best known for his nationally syndicated radio program, The Jim Rome Show, which airs on CBS Sports Radio and streams to over two million listeners on 200 stations across North America. Also serving
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UPDATED with latest: California updated its masking guidance yet again on Wednesday. The news comes after a series of confusing announcements on the subject from state and federal officials and just hours before another announcement that may supersede the guidance issued by state officials. The guidance issued Wednesday by the California Department of Public Health
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Imax said Tuesday it’s named longstanding board member Darren Throop — the founder and CEO of Entertainment One — as chairman of the board. Shareholders at the company’s annual meeting also elected Steve Pamon, former COO of Beyoncé’s Parkwood Entertainment, to join as director with both appointments are effective immediately. “Darren has been a strong, influential
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IATSE and management’s Alliance of Motion Picture & Television Producers started their fourth week of bargaining today for a new film and TV contract covering the union’s 13 West Coast production locals, already having made substantial progress on diversity issues. It’s been tougher sledding on the economic side, however. One of the major issues in the
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Retailers enjoyed their best sales growth since the start of the pandemic last month helped by pent-up demand for clothes and accessories, industry figures show. Sales in May grew by 10% compared with the same period in 2019, before the coronavirus crisis struck, according to the British Retail Consortium-KPMG retail sales monitor. Clothing chains were
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A coalition of transatlantic airlines have demanded that President Biden and Boris Johnson lift “overly cautious” travel restrictions between the US and UK given the strength of the two countries’ coronavirus vaccine programmes. The companies, which include all the carriers offering passenger services between the nations and other industry players including Heathrow Airport, argued that
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NBCUniversal announced today that it will present an unprecedented 7,000 hours of coverage of the Tokyo Olympics this summer on two broadcast networks, six cable networks, and multiple digital platforms, serving both English- and Spanish-language viewers. The Games postponed from last summer will take place July 23-August 8 in Tokyo, Japan, the company said, dispelling
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El Salvador could become the first country in the world to make Bitcoin legal tender under proposals by its president. The move will “generate jobs and help provide financial inclusion to thousands outside the formal economy”, President Nayib Bukele said in a recorded message to the Bitcoin 2021 conference in Miami, Florida. The cryptocurrency could
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Comedian Kat Williams doesn’t think cancel culture is all that bad – if it even exists. In a June 4th interview on The Joe Budden Podcast, the Emmy-award winning stand-up comic was asked, “Where do you stand on comics’ ability to be comics without judgment and repercussions from cancel culture?” “Some of these things are
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