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VarietyEN
California Tried to Jumpstart the Film Economy. Production Keeps Falling.
California’s $750 million bet on Hollywood has not reversed the overall decline in production, according to data released Wednesday by FilmLA. Instead, production levels fell 3.7% in the third quarter — even as the share of projects receiving state subsidies continued to rise. Location shoots remain well below the five-year average. State officials had hoped
CNBCEN
SpaceX stock jumps 10% after earnings beat and Musk hints at Tesla tie-up
SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
The Wall Street JournalEN
U.K. Inflation Jumps Again, Strengthening Case for Rate Hike
Inflation rose further above the Bank of England’s target as policymakers prepare for a meeting that is expected to yield a first rate increase since the start of the Iran war.
CNBCEN
UK inflation jumps to 3.5% — cementing rate hike expectations
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.
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