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Top News

Walgreens to shut 1,200 stores as CEO Wentworth seeks turnaround

Walgreens Boots Alliance (WBA) plans to close 1,200 stores over the next three years as new CEO Tim Wentworth leads a turnaround effort amidst weak consumer spending and low drug reimbursement rates. The company narrowly exceeded Wall Street's fourth-quarter profit expectations, with shares rising 12.3%, although they are still down 65% this year. As part of the turnaround, Walgreens has implemented a $1 billion cost-cutting program and plans to focus on closing underperforming, cash-flow-negative stores.

Trump’s coin sale misses early targets as crypto project’s website crashes

Donald Trump's new crypto project, World Liberty Financial (WLF), had a rough start during its token sale, facing website outages that limited the number of sales. Although over 100,000 people registered to invest, only about 4,300 unique wallet addresses hold the token, representing 4% of the registrants. Despite selling more than 532 million tokens, this amounts to less than 3% of the 20 billion available, marking a potential setback for Trump just weeks before the election.

A La Niña winter is coming. Here’s what that could mean for the US

A weak La Niña is expected to develop ahead of this winter, influencing temperatures and precipitation across the U.S., with effects most pronounced during the winter months. La Niña typically shifts stormy weather to the northern U.S., bringing wetter conditions to the Pacific Northwest, Midwest, and parts of the Northeast, which could help combat ongoing drought. Though forecasts show a weaker La Niña, its impact could still create a stark contrast to last winter's record warmth caused by El Niño and global warming.

Elon Musk’s X still struggles to grow subscription revenue

Elon Musk's plan to boost revenue for X (formerly Twitter) through increased paid subscriptions is still struggling, with around $200 million in in-app purchase revenue generated across iOS and Android since its 2021 launch. This figure excludes web-based subscriptions, so the total is likely higher, but after accounting for app store commissions, X has made an estimated $140 million. Despite Musk's push to reduce reliance on advertising revenue, the service only brought in $11 million in mobile subscriptions within the first three months after its December 2022 relaunch.

Maharashtra To Vote On Nov 20, Jharkhand In 2 Phases, Results On Nov 23

The Maharashtra and Jharkhand Assembly elections will take place in two phases, with voting in Jharkhand on November 13 and 20, and in Maharashtra on November 20, followed by vote counting on November 23. The elections come after significant political changes in both states, including the fall of the Uddhav Thackeray-led Maharashtra government and money laundering allegations against Jharkhand Chief Minister Hemant Soren. These polls are crucial for both the ruling Bharatiya Janata Party (BJP) and the Congress as they battle anti-incumbency and aim for political gains in the final state elections of 2024.

USA Accident: More Details About The Victims

A tragic car accident in Fannin County, Texas, claimed the lives of five people, including three Telugu individuals—Gopi Tirumuru, Rajineni Shiva, and Haritha. Haritha’s husband, Sai Chennu, was critically injured and is receiving treatment. The crash occurred when a vehicle attempted to pass traffic in a no-passing zone, leading to a head-on collision. The Telugu community is deeply mourning the loss and praying for Sai’s recovery.

Floods: Genius Idea To Save Cars And Bikes

Movie News

Nabha Natesh signed most interesting Pan India Projects

Nabha Natesh has become one of Tollywood's most sought-after leading ladies, securing multiple pan-India film roles. She is currently working on "Swayambhu" alongside Nikhil Siddhartha and has signed another project, "Nagabandham," starring Virrat Karna. Known for her theater background, exceptional dancing, and strong performances, Nabha has drawn significant attention from filmmakers. After her successful role in "iSmart Shankar" and recovery from injury, her popularity, especially among the youth, continues to rise. "Nagabandham" will begin shooting in December.

Kanguva: Team going all out to attract the Hindi audience

The producer of Suriya’s Kanguva, Gnanavel, anticipates the film grossing over Rs. 1000 crore, with a significant focus on the Hindi market. To achieve this, the team is investing over Rs. 20 crores in promotions, with plans to release the film on more than 3500 screens in North India. The first promotional event will be held on October 17th in Mumbai, featuring Suriya and Bobby Deol. The film will be released in major national theater chains and hit OTT platforms eight weeks after its theatrical release.

Films of Prabhas, Allu Arjun, Jr NTR get a T-Series push

T-Series is partnering with Mythri Movie Makers for three pan-Indian films featuring Tollywood stars. The films include Fauji with Prabhas, directed by Hanu Raghavapudi and set for release in 2026, Dragon with Jr NTR, directed by Prashanth Neel, and Pushpa 2 starring Allu Arjun, releasing on December 5, 2024. T-Series will promote these films, particularly in the Hindi market, aiming to boost their success. If this collaboration is successful, it could lead to more Tollywood-Bollywood crossover projects.

Theatre Releases

Source: Filmibeat