Sluggish Start to Retail Earnings Week
A new study from consulting firm McKinsey shows that 30% of Asian American women are considering stepping back from their careers in some capacity due to challenges from the pandemic.
Aside from action star Dwayne Johnson's hit movies, Hollywood's most popular films have rarely featured Asians or Pacific Islanders in leading roles on the big screen, according to an academic study released on Tuesday. The findings showed "an epidemic of invisibility" for Asians and Pacific Islanders (API) in movies released from 2007 to 2019, said the study from researchers at the University of Southern California's Annenberg Inclusion Initiative. About 7.1% of the U.S. population identifies as Asian or Pacific Islander.
Alain Ducasse, the French chef with the most Michelin stars in the world, is leaving the restaurant of luxury Paris hotel Plaza Athenee that has been his base for more than two decades and where he developed his ground-breaking "naturalness" approach to cuisine.
KUALA LUMPUR, May 18 — PKR’s Syamsul Firdaus said he has tested positive for Covid-19 along with members of his family. The Taman Medan assemblyman told Malaysiakini he received the test result...
Apple's new iMac packs a new design, sonorous speakers with full bass, and the power of the company's new M1 chip.
The proposed merger between AT&T’s WarnerMedia and Discovery Inc. instantly set off speculation over who will serve as interim leader before the deal finalizes in mid-2022, at which point Discovery CEO David Zaslav is set to take over. Given the magnitude of the deal, its complexities and the swiftness by which the deal was announced, it’s unclear who has the leadership skills to lead should the exit of WarnerMedia’s current CEO Jason Kilar become official, which is likely. Two individuals with knowledge of the deal told TheWrap that Kilar was not even aware of the merger plan until Saturday night, at which point he instructed his legal team to plan an exit strategy. Assuming Kilar is not asked to remain until the merger is complete, which requires regulatory approval and a vote by Discovery shareholders, who is the frontrunner to lead WarnerMedia in the interim until Zaslav takes over? Two insiders say the clear choice would be a team of Kilar’s top lieutenants, which could include HBO Max General Manager and longtime ally of Kilar’s, Andy Forssell; Warner Bros. CEO and Chairman Ann Sarnoff; and chief content officer of HBO and HBO Max Casey Bloys. They could share the work,...Read original story WarnerMedia Merger Deal Kicks Off Scramble for Interim Leadership At TheWrap
CDC Director Dr. Rochelle Walensky sat down with Yahoo Finance’s Anjalee Khemlani to discuss the CDC’s latest mask guidance, her thoughts on vaccine administration, and the U.S. responsibility to help other countries manage their own surges.
Asian and Pacific Islander characters on screen were completely missing from 39% — or roughly four out of 10 — of the top grossing films dating back to 2007, a new study has found. Of 1,300 analyzed films, only 44 movies, or 3.4%, had an API lead or co-lead. That last number is not great, and it would be even worse if not for Dwayne “The Rock” Johnson, who is of Samoan heritage and was the star of 14 of those 44 movies. Only six of the 44 films had a lead that was either a woman or a girl. The new data on Asians and Pacific Islanders in film comes from the latest study from the USC Annenberg Inclusion Initiative. Its latest survey did not pull any punches, saying, “White male actors named Ben, Chris, Daniel, James, Jason, John, Josh, Michael, Robert, Sean or Tom were far more likely to be hired as the top actor in a film than an API woman actor with any name auditioning in all of Hollywood.” Annneberg counted just 22 individual Asian or Pacific Islander actors in the top 1,300 films dating back to 2007 — including stars like John Cho, Constance Wu and Dev Patel — compared to 336 individual white male actors, which is a ratio of 15.3 white men for every one API actor in Hollywood. In all, API characters accounted for 5.9% of all speaking characters in those top films, which falls short of the 7.1% of the U.S. population who identify as Asian or Pacific Islander. And while some years — including, most recently, 2018 and 2019 — surpassed that margin, the study argued that the percentage did not show a meaningful change up or down in any year. Asian characters specifically were missing in 40.2% of the top grossing films, while Pacific Islander characters were even more invisible, missing from 94.2% of films. What’s more, two-thirds of the top 1,300 films were below the proportional representation of the API community. “People often ask me whether representations of Asian Americans and Pacific Islanders are improving,” Dr. Nancy Wang Yuen, one of the leads on the study, said. “Unfortunately, when representation looks like tokenism, Hollywood is doing the bare minimum for inclusion. In 2019, 30% of API primary and secondary characters were either one of only, or interacted with no other API characters on screen. We need to see more than one API character on screen interacting with one another in meaningful ways.” “These findings offer more evidence that the epidemic of invisibility continues to persist and with serious consequences,” Dr. Stacy Smith said in a statement. “Mass media is one factor that can contribute to aggression towards this community. When portrayals erase, dehumanize, or otherwise demean the API community, the consequences can be dire. Without intention and intervention, the trends we observed will continue.” “Nomadland” director Chloé Zhao/Getty Images The report also argued that API characters often have skewed portrayals in other ways; if they’re not silenced or invisible on screen, they’re typically stereotyped, tokenized, isolated or are relegated to be sidekicks or villains. The study argued that of recent films, only 13% featured “fully human” characters, citing examples in the films “Yesterday” or “Jumanji: The Next Level,” while a full two-thirds were some form of stereotype. In fact, 18% of the top films of 2019 had an API character who spoke with a non-U.S. accent. In another startling statistic, a look at 79 films from 2019 revealed that a quarter of the films’ Asian or Pacific Islander characters died violently by the end, including by drowning, explosion, stabbing or suicide. “With the rise of anti-AAPI violence in the United States, on-screen deaths of Asians and Pacific Islander characters are particularly jarring,” Dr. Yuen said. “This, along with 41.8 percent of API characters receiving on-screen disparagement — some of which are racial slurs — films can fuel anti-AAPI hate. With over 6,603 hate incidents reported to Stop AAPI Hate from March 19, 2020 to March 31, 2021, Hollywood needs to take responsibility for problematic representations of Asians and Pacific Islanders.” While the study did not take into account films from 2020 — including Best Director Oscar winner Chloé Zhao (the director of “Nomadland” and the upcoming “Eternals” from Marvel) — Annenberg’s analysis of Asians and Pacific Islanders behind the camera found that across the 13-year sample, only 3.5% were API, and only three of those positions were held by API women. Additionally, 2.5% of producers were API, as were 3.3% of casting directors, and the study found that movies with API directors or producers in turn had more diverse casts. In all, only 25 individuals, including Bong Joon-Ho, Ang Lee, Justin Lin and Jon M. Chu, were listed as directors for the top 1,300 films. “Not one API woman has received sole directing credit for a live action top-grossing feature film in the last 13 years,” Dr. Smith said. “Inclusion of the API community thus far has been little more than lip service. Opening up opportunity behind the camera for the API community and in particular, API women, is essential to seeing more authentic, humanized portrayals on screen.” Read original story Asians and Pacific Islanders Are Leads in 3% of Top Films Since 2007, Study Finds At TheWrap
The 61-year-old bond investor does favor a wealth tax in place of an income tax.
The government assured Singaporeans on Tuesday (18 May) that there are enough face mask supplies in Singapore after it announced that the authorities will issue new guidelines on the use of masks with good filtration capability.
Across France, cafe owners scrubbed down tables and polished glasses on Tuesday while store managers spruced up their windows as the lockdown-weary country prepared for a new easing of coronavirus constraints on retail businesses. From Wednesday, non-essential retail outlets will be able to reopen to customers for the first time in six weeks as France gradually winds down its third national lockdown in little more than a year. "People are fed up, everyone has only one desire - to go out, go to restaurants, go out with friends or family," said Rene Colomban, who manages the Blue Beach bar and restaurant in the Riviera city of Nice.
The next hurdle in the vaccine race is understanding how different vaccines interact with each other.
Deutsche Bank's (DB) ratings are placed in review for a possible upgrade by Moody's on its efforts to achieve strategic targets, while maintaining strong capital position.
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Avantor (AVTR).
The drug candidate, primarily being tested to improve anti-tumor activity, will also be studied and developed by Bristol Myers for immuno-oncology treatments including non-small cell lung cancer, which accounts for about 85% of lung cancer cases globally. Bristol Myers has been betting on sales of its Opdivo drug to treat such cancers, but that market is currently dominated by Merck & Co's rival treatment Keytruda. Agenus will receive up to $1.36 billion in development, regulatory and commercial milestones in addition to double-digit royalties on net product sales.
The concept of 'bigger is better' has ceased to gain precedence and the era of telecom-media conglomerates seems to be as good as over as companies are gradually evolving into more focused and nimbler entities.
Stock futures rose Tuesday morning, with the indexes looking to recoup losses from Monday's session. Technology stocks outperformed in the early session, reversing course after lagging a day earlier.
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider ASML Holding (ASML).
British retailer Marks & Spencer on Tuesday promoted food boss Stuart Machin and strategy chief Katie Bickerstaffe as part of a major shake-up of its leadership team's responsibilities. M&S said the changes reflected the clothing and food group moving on from the "fixing the basics" phase of its latest turnaround plan to a phase that will see it reinvest and restore growth. Machin and Bickerstaffe will become joint chief operating officers, reporting to CEO Steve Rowe.