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Investors Lose Taste for Pricey Chinese Liquor as Xi Renews ‘Common Prosperity’ Call

Chinese President Xi Jinping has a vision to distribute wealth more equally across the country. Investors are sobering up to what that could mean for the companies that make the nation’s beloved fiery booze.Mr. Xi recently doubled down on his plans for “common prosperity” during China’s weeklong Communist Party congress in October. Investors are worried that this could portend an industry crackdown, or simply be bad for the future sales of luxury baijiu distillers and companies that sell…

Netflix renews ‘The Witcher,’ recasts Liam Hemsworth as Geralt of Rivia

While The Witcher won't return until next year, Netflix has already renewed the show for a fourth season and announced a major change. On Saturday, the streaming giant said that Liam Hemsworth, best known for playing Gale Hawthorne in The Hunger Games film series, would replace Henry Cavill as protagonist Geralt of Rivia. The two actors posted about the casting change on social media.  "My journey as Geralt of Rivia has been filled with both monsters and adventures, and alas, I will be laying down my medallion and my…

‘Halloween Ends’ wins box office but renews streaming debate

By Lindsey Bahr | Associated Press No matter how you look at the numbers, “Halloween Ends” had a good opening weekend. Touted as the final showdown between Laurie Strode and Michael Myers, the slasher pic earned $41.3 million in ticket sales from 3,901 theaters in North America, according to studio estimates Sunday. It’s the first film to open higher than $40 million since “Nope” debuted in July and it surpassed its production budget, which has been reported to be between $20 and $30 million. Including international…

Nury Martinez’s racism renews fears of Black vs. Latino L.A.

She called the Black child of Los Angeles City Councilman Mike Bonin “changuito,” or “a monkey,” who gets carried around like a Louis Vuitton handbag.Of Los Angeles County Dist. Atty. George Gascón, she simply said, “F— that guy. He’s with the Blacks.” L.A. City Council President Nury Martinez says she was merely caught up in “a moment of intense frustration and anger” during an hour-long, secretly recorded meeting in October with L.A. County Federation of Labor President Ron Herrera and fellow Latino Councilmembers Gil…

Elon Musk’s Twitter Reversal Renews Takeover Bid for a Now-Weaker Firm

Elon Musk’s latest about-face over his $44 billion deal to buy Twitter Inc. TWTR -0.48% has him poised to take over a company that is weaker than it was before he tried to abandon the agreement—thanks in part to his own actions.Broad economic concerns have intensified since July 8, when Mr. Musk made public his intention to terminate the deal. The Federal Reserve has raised interest rates by 0.75 percentage point at a second and third…

Elon Musk reportedly renews his offer to buy Twitter

Nick_ Raille_07 / Shutterstock.comElon Musk has renewed his offer to purchase Twitter for $54.20 a share, according to reports. The Tesla and SpaceX CEO extended the offer in a letter sent to Twitter overnight. The renewed offer is the latest twist in a continued saga involving the outspoken, eccentric billionaire and the social media platform. Twitter has been in a state of turmoil since April, when Musk first said he wanted to buy the social media platform. He lined up $46.5 billion in financing to back his

Congress Renews Funding for FDA Drug-Review Program

The federal funding law that went into effect this weekend renews a Food and Drug Administration program crucial to drugmakers seeking approval of new medicines. Renewal of the FDA’s “user fees” program means the agency won’t have to lay off any staff or delay reviews of experimental drugs, a prospect that alarmed the pharmaceutical industry and investors who count on approval decisions. To complete a deal before the user fees expired, however, Congress skipped longtime…

A High-Octane Action Classic Renews Hostilities on the Streaming Top 10

via Warner Bros. As one of the genre’s most enduring icons, Sylvester Stallone has starred in his fair share of classics. While 1993’s Demolition Man may not be his highest-grossing or most critically acclaimed shoot ’em up, for a lot of fans it remains their personal favorite from the musclebound legend’s long and illustrious career of kicking ass. Even after 30 years, the futuristic tale of cryogenically-frozen nemeses Jon Spartan and Simon Phoenix renewing their hostilities in the peaceful utopia of 2032 San…

Xi Jinping Renews Call for China Tech Push; Hackers in UP Demand US$1 Million In Crypto: Tech Market Roundup

Here is some quick tech catch for you so that you stay updated with the latest crypto and tech news Good morning Tech Fam, here’s a quick tech update for you to catch on: What’s new today: Hackers stole and deleted all data of students and staff from the computers of the KN Modi Foundation; Xi Jinping renews call for China tech push after US escalates curbs. Fast-Trach Insights: Ether, ADA leads steep crypto slide amid dollar strength; India needs to be self-reliant in semiconductor technology, says Adani. A group of…

HBO Max Renews Harley Quinn For Season 4

HBO Max has announced that it plans to renew the adult-animated series Harley Quinn for a fourth season.The streaming service announced the news ahead of the season three finale on September 15. The biggest change for the show is that Sarah Peters (Nathan For You), who has written for the show since the first season and is currently a consulting producer, will be made executive producer, and is also taking over as showrunner for the fourth season. You need a javascript…