News industry off to brutal 2024 start as mass layoffs devastate publishers, raising questions about the future of journalism

[ad_1] CNN  —  The news industry is enduring a brutal start to the new year, with outlets large and small across the country hemorrhaging reporting staff as legacy business models that kept much of the industry afloat for decades collapse in plain sight. The rapid contraction, coming even as the presidential election cycle heats up and public attention and revenues historically mount, has…

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Prioritize “Managing Costs” Amid Deal Chatter – The Hollywood Reporter

[ad_1] Paramount Global CEO Bob Bakish Courtesy of Paramount Global Paramount Global president and CEO Bob Bakish on Thursday encouraged his staff to focus on “execution” amid deal chatter surrounding the company and called earnings growth the key priority for 2024. The CEO outlined three strategies to get there, including “driving to streaming profitability” and…

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Fourth-straight record high for S&P 500

[ad_1] Home » Fourth-straight record high for S&P 500 Source: Sosland Publishing Co. Recap for January 24 US equity indexes closed higher Wednesday, driven by strong performances from the so-called Magnificent Seven: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Investors were encouraged to return to large-cap tech shares by ideas the economy is likely…

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Small Business Spotlight: Compass Health Coaching LLC

[ad_1] Rachel Andreoli For The Sentinel Cumberland County has no shortage of residents with unique talents and independent spirits. From artists to mechanics, office workers to outdoor professionals, these entrepreneurs showcase the best of what businesses in the county have to offer. Every week, The Sentinel’s Small Business Spotlight will feature these people and share…

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Tesla stock drops on Q4 earnings miss, warns production growth rate will be ‘notably lower’ than 2023

[ad_1] Tesla (TSLA) reported Q4 earnings that missed estimates and issued a downbeat full-year production outlook that weighed on the stock, though CEO Elon Musk did confirm that the company’s next-gen vehicle will be coming in the second half of 2025. For the fourth quarter, Tesla reported top-line revenue of $25.17 billion vs. $25.87 billion…

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