Business

UPDATE, 7:44 PM: Talks between the studios and SAG-AFTRA didn’t go so well today, but the Guild has now confirmed the two sides will be back at it tomorrow for another attempt to end the 100-plus day strike. “Today, the CEOs came back to the table,” SAG-AFTRA told members in an email after negotiations had
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The cap on bankers’ bonuses is to be abolished, the financial services regulatory body has announced.  From 31 October, EU rules that limit bonus payments to twice a banker’s salary will be removed, the Prudential Regulatory Authority (PRA) said. The policy change was initially announced by former chancellor Kwasi Kwarteng in the infamous September mini-budget
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UPDATE: A spokesperson for Danny Elfman has responded to the accusations raised in the lawsuit filed against him on Thursday. “The allegations of misconduct made against Mr. Elfman are baseless and absurd. His legal team is assessing all options and he will vigorously defend these claims in court.” EARLIER: Oscar-nominated and Grammy-winning composer Danny Elfman
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SAG-AFTRA kicked off its National Convention 2023 under the banner “Future Forward Union Power.” Fran Drescher, SAG-AFTRA President, opened the event by inviting first responders, active duty and veteran delegates to lead the pledge of allegiance. “While it’s disappointing to have to adjourn the convention early, the Negotiating Committee must immediately get back to the
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Editor’s note: On the 100th day of SAG-AFTRA’s strike, the 160,000-strong guild and the studios are once again not talking, and no new negotiations are planned. Writers are back at work, but with no actors deal, Hollywood production remains shut down. SAG-AFTRA president Fran Drescher asserts that it doesn’t have to be like this, that
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A fast-growing British semiconductor manufacturer is lining up a £200m funding injection from blue-chip backers including the asset management giant M&G. Sky News has learnt that Pragmatic Semiconductor, which produces low-cost microchips for use in products such as packaging and clothing, is close to finalising a substantial fundraising backed by Saudi Arabian money. City sources
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A long list of big-name actors released a letter today directed to President Biden asking him to call for a cease fire in Gaza and Israel. Among the signatories are Mark Ruffalo, Jessica Chastian, Cate Blanchett, Quinta Brunson, Rosario Dawson, Oscar Isaac, Joaquin Phoenix, Alyssa Milano, Jon Stewart and many more. The list includes prominent
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There will be peace in Ryan Reynolds and Blake Lively’s house after all this Halloween. None of the Green Lantern co-stars’ children will be labeled scabs by their father while they trick or treat, thanks to costume guidance clarification by SAG-AFTRA this evening. “SAG-AFTRA issued Halloween guidance in response to questions from content creators and
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A closely-watched barometer of consumer confidence is warning of “concern” for retailers ahead of Christmas, as official figures for September show a steep fall in sales. GfK’s latest Consumer Confidence Index suggested that the willingness of shoppers to spend, particularly on big-ticket items, had plunged since the end of the summer. The authors reported that
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Chancellor Jeremy Hunt has warned of a crackdown on “public sector waste” and focus on tackling debt after official figures showed weaker than expected borrowing last month. The Office for National Statistics (ONS) said public sector net borrowing stood at £14.3bn last month, £1.6bn less than a year earlier. The figure was well down on
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