While Disney took a $3.5 billion hit to its operating income in the quarter due to the pandemic, it now has around 100 million paid subscribers on its streaming services, showing higher results than Wall Street experts forecast, resulting in a 5% increase of the company's stock on Tuesday.
A newspaper columnist who wrote several novels and non-fiction books has passed away aged 85. Pete Hamill died in Brooklyn on Wednesday.
The explosion that tore through the Lebanese capital on 4 August claimed the lives of at least 80 people, injuring thousands, destroying numerous buildings, and practically leveling the city’s port.
The incident occurred amid heavy rain hitting the west coast of the country since Monday. They have already caused several floods and landslides in Mumbai. The authorities have stated they are fully prepared for a mass evacuation.
The idea of a payroll tax holiday has been floated by the Trump administration as a means to help out workers amid the COVID-19 pandemic. The Congress, however, is divided on the issue.
The pandemic has already forced countries to reinstate restrictive measures, including lockdowns in some areas, as new outbreaks of the coronavirus are being confirmed in Europe and Asia. At the same time, India, South Africa, and Latin America show growing daily numbers.
Epstein, who was accused of running a sex trafficking ring soliciting minors, was found dead in a Manhattan jail cell on 10 August 2019. His death, which was officially ruled a suicide by hanging, sparked numerous conspiracy theories, as many people speculated that he didn't kill himself but was murdered.
The Lebanese capital was rocked by a massive explosion on Tuesday that struck the city's port, leaving at least 80 dead and thousands injured. It also caused extensive damage to buildings, resulting in hundreds of people being left homeless.