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Disney parks buck travel slowdown

TazaPulseAugust 6, 2026

People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, July 30, 2022. Octavio Jones | Reuters Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company’s experiences division on Wednesday. The experiences segment, which...

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Flutter misses on earnings, replaces CEO in another leadership change

TazaPulseAugust 6, 2026

Flutter shares faltered Wednesday after the company slashed its full-year U.S. profit guidance by 22% and announced the departure of CEO Peter Jackson at the end of the quarter. The current CEO of Flutter’s international business, Dan Taylor, will take the reins, effective Oct. 1. The company reported earnings per share of 49 cents for...

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Tanger CEO says World Cup drove up traffic, sales this summer

TazaPulseAugust 5, 2026

Steven B. Tanger, Executive Chair, Tanger, at the NYSE, May 10, 2023. Source: NYSE Tanger CEO Stephen Yalof said the store operator saw traffic increase in June and July due to international and domestic tourism tied to the World Cup. “We knew when you get these new visitors that come for a huge magnet event...

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Salad and Go files for Chapter 11 bankruptcy amid cyclospora

TazaPulseAugust 5, 2026

A Salad and Go restaurant in Phoenix, Az. Source: Google Earth Salad and Go has filed for Chapter 11 bankruptcy and is closing all existing locations on Wednesday. The company said in a statement to CNBC that it sought bankruptcy protection due to prior strategic growth challenges, weakening consumer demand and higher costs. Diner fears...

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Disney weighs free, ad-supported streaming, says Super Bowl ads sold out

TazaPulseAugust 5, 2026

Rita Ferro, Disney’s president of global advertising, at Disney Upfront 2026. Courtesy: Disney Co. Disney could soon make a bigger play into advertising. During an earnings call with investors on Wednesday, CEO Josh D’Amaro said the company is exploring a free, ad-supported streaming product for consumers. “We see it as a way to expand our...

US stock market today: Wall Street scales new record highs; oil prices hold steady

TazaPulseAugust 5, 2026

Markets have continued to rally as companies near the end of the latest earnings season. US stock market today: Wall Street stocks moved higher in early trading on Wednesday, extending the record-setting momentum from the previous session, while oil prices remained largely stable.The S&P 500 advanced 0.5%. By 9:53 a.m. Eastern time, the Dow Jones...

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Eli Lilly (LLY) earnings Q2 2026

TazaPulseAugust 5, 2026

Eli Lilly on Wednesday reported second-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro surged again. The pharmaceutical giant now expects 2026 revenue to come in between $85 billion and $87 billion, up from a previous guidance of...

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CVS Health (CVS) earnings Q2 2026

TazaPulseAugust 5, 2026

CVS Health on Wednesday blew past second-quarter earnings and revenue estimates and raised its 2026 guidance, as its insurance unit Aetna shows signs of recovery. CVS, which operates the nation’s largest pharmacy chain, sees full-year adjusted profit coming in between $7.90 and $8.10 per share. That’s up from a previous guidance of $7.30 to $7.50...

As gold, stock markets lose lustre – why your humble fixed deposit is forever

TazaPulseAugust 5, 2026

Experts say that instead of timing the interest rate cycle, fixed deposits should be opted for based on goals and cash flow. Even as investors become more risk savvy and financial literacy brings investment avenues like stocks, mutual funds, bonds closer, the humble fixed deposit continues to hold importance in portfolios. And this ‘safe haven’...

India Services Pmi: India’s services PMI hits over 4.5-year low as demand, new orders lose momentum

TazaPulseAugust 5, 2026

The survey showed that new business inflows expanded at the slowest pace since February 2022 (representative image) India’s services sector growth slowed to its weakest pace in more than four-and-a-half years in July as softer domestic and export demand, intense competition and weaker customer enquiries weighed on business activity, according to the latest HSBC India...