Monday, November 28

Tag: Business News

Microsoft Surface is nearly a $7 billion business after a decade
Business

Microsoft Surface is nearly a $7 billion business after a decade

Panos Panay, chief product officer of Microsoft Corp., displays the new Surface Laptop 3 computer during a Microsoft product event in New York on Oct. 2, 2019. Microsoft unveiled a dual-screen, foldable phone that will run on Google's Android operating system, jumping back into a market it exited years ago.Mark Kauzlarich | Bloomberg | Getty ImagesMicrosoft made a splash in 2012 when it introduced the Surface, the first computer it had built in its 37 years of existence. The computers are still kicking 10 years later, with Microsoft issuing annual updates, but Surface's mega-growth is long in the past.Microsoft tried to reimagine tablets, which are made popular by the iPad, when it launched into the PC market. In 2012, the Surface with Windows RT, later named Surface RT, was more than just...
K-pop ETF creator says Korean content is at an ‘inflection point’
Entertainment

K-pop ETF creator says Korean content is at an ‘inflection point’

K-pop girl group BlackPink performed at The Late Late Show with James Corden airing Thursday, April 18, 2019. (Photo by Terence Patrick/CBS via Getty Images)Cbs Photo Archive | Cbs | Getty ImagesThe creator behind the new exchange-traded fund aimed at converting global fans of Korean content into an investment opportunity is optimistic in his premise. Since its launch on Sept. 1, the KPOP and Korean entertainment ETF has not performed well — recently trading on the New York Stock Exchange Arca at $15.05 — a roughly 23% drop from its debut. That's in line with the overall Kospi index having plummeted more than 20% this year.But Jangwon Lee, chief executive of CT Investments and Contents Technologies and the creator of the ETF, is hopeful about the Korean entertainment industry despite the s...
Entertainment

Solvang Theaterfest Honored With Leadership in Arts Award | Arts & Entertainment

Posted on October 29, 2022 | 4:38 p.m. Ann Foxworthy-Lewellen, left, Theaterfest Board vice chair; Scott Coe, Theaterfest executive director; County Supervisor Joan Hartmann; and Denise De Bellefeuille, Theaterfest Board chair. (Courtesy photo) After completing a $5.3 million renovation of the Solvang Festival Theater, Solvang Theaterfest received the Leadership in Arts Award from the Santa Barbara County Arts Commission. Solvang Theaterfest is the nonprofit group that owns and operates Solvang Festival Theater. T...
AMC Entertainment stock falls to 52-week low
Entertainment

AMC Entertainment stock falls to 52-week low

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.Richard Levine | Corbis News | Getty ImagesAMC Entertainment hit a new 52-week low Wednesday as the movie theater company contends with a massive debt load, dilution of its stock and a film release schedule short on blockbusters.Shares of the world's largest movie theater company have fallen about 80% to under $6 so far this year, as investors question the company's capital structure and overall business strategy.The company came back from the brink of bankruptcy in 2021 thanks to millions of retail investors who turned its shares into a meme stock. Since then, AMC has devised several plans to raise more capital to pay down its debts and invest in acquisitions, theater upgrades, a popcorn business and even a g...
Gerald Carpenter: Elite Theatre Company Celebrates ‘The Latinx Experience’ | Arts & Entertainment
Entertainment

Gerald Carpenter: Elite Theatre Company Celebrates ‘The Latinx Experience’ | Arts & Entertainment

In the United States, Sept. 15 to Oct. 15 has been designated National Hispanic Heritage Month, celebrating the histories, cultures and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America. Sugar skulls gather in preparation for the festivities marking The Day of the Dead. (Freepik) The annual observation began in 1968 as Hispanic Heritage Week, inaugurated by President Lyndon Johnson, and expanded to the present 30-day period by President Ronald ...
Politics in Air as Biden Visits Future Intel Plant in Ohio
Politics

Politics in Air as Biden Visits Future Intel Plant in Ohio

By AAMER MADHANI, JOSH BOAK and ANDREW WELSH-HUGGINS, Associated PressNEW ALBANY, Ohio (AP) — President Joe Biden steered clear of partisan politics at Friday's groundbreaking celebration for a huge new computer chip facility in Ohio — as a tough Senate contest in that state and a Democratic candidate seeking to distance himself from Biden reflected the challenge of translating White House policy wins into political gains.Biden, a major force behind the legislation that helped lure Intel, went to suburban Columbus to take a victory lap just as voters in the state are starting to tune in to the Senate race between Democratic Rep. Tim Ryan and Republican author and venture capital executive JD Vance. They're competing in a former swing state that has trended Republican over the past decade.R...
Art Matters Talk Looks at Builder Julius Caesar | Arts & Entertainment
Entertainment

Art Matters Talk Looks at Builder Julius Caesar | Arts & Entertainment

Posted on August 15, 2022 | 4:14 p.m. Colossal head of Julius Caesar from Trajan’s Forum in Rome, early 2nd century AD, Museo Archeologico Nazionale, Naples. (Courtesy photo) Chris Hallett, professor of Roman art with the Department of History of Art, UC Berkeley, will talk about Julius Caesar as Second Founder of Rome & the Evolution of the First Imperial Forum, 5:30-6:30 p.m. Thursday, Sept. 1, as part of Art Matters Lecture series in the Santa Barbara Museum of Art's Mary Craig Auditorium. Julius Caesar spe...
Linda Purl to Perform at Ensemble Theatre Company Fundraiser | Arts & Entertainment
Entertainment

Linda Purl to Perform at Ensemble Theatre Company Fundraiser | Arts & Entertainment

Posted on August 13, 2022 | 3:41 p.m. Linda Purl Ensemble Theatre Company (ETC) will present Curtain Up, a fundraising event featuring a dinner and live performance by actor Linda Purl ("Tenderly: The Rosemary Clooney Story") and a silent auction, 5 p.m. Sunday, Aug. 21 at the Santa Barbara Club, 1105 Chapala St. All proceeds support ETC’s mission to present professional quality theater in Santa Barbara. Silent auction items include a three-night stay at the Manhattan Club Penthouse in New York City, including t...
State Street Axe Club Aims for the Bull’s-Eye as Entertainment Hub in Santa Barbara | Business
Entertainment

State Street Axe Club Aims for the Bull’s-Eye as Entertainment Hub in Santa Barbara | Business

Brett Michaelson is Santa Barbara's newest axe man. The entrepreneur launched the State Street Axe Club at 427 State St. with a soft opening last week, and a full opening this week, after more than two years of trying to open a business during the COVID-19 pandemic. The wait, however, appears well worth it. "This town needs entertainment," Michaelson told Noozhawk. "People want something to do at night for fun. They don't just want to sit around and go to the bar again." In an innovative yet simple concept, customers can throw axes at dartlike...
Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News
Science

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News

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