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Yahoo
9 minutes ago
- Yahoo
Sony raises its profit forecast after saying it expects less damage from Trump's tariffs
TOKYO (AP) — Japanese entertainment and electronics company Sony said Thursday that its profit surged 23% in the last quarter from the year before, as damage from U.S. President Donald Trump's tariffs was less than it had expected. The Tokyo-based manufacturer reported its April-June profit totaled 259 billion yen, or $1.8 billion, up from 210 billion yen. Quarterly sales edged up 2% to 2.6 trillion yen ($17.7 billion) as demand grew for games and network services, imaging solutions and sensors. The maker of PlayStation game machines, digital cameras, Walkman audio players and Spider-Man movies said those positive factors offset the negative impact from unfavorable exchanges rates. Sony said its network business also was drawing more subscribers to its online services. Sony raised its forecast for its profit in the full fiscal year until March 2026 to 970 billion yen ($6.6 billion), from an earlier forecast of 930 billion yen ($6.3 billion). The revised projection is still lower than what it earned in the previous fiscal year at 1 trillion yen. Sony now estimates the impact of the additional U.S. tariffs on its operating income at 70 billion yen ($476 million), much better than the initial estimate of 100 billion yen ($680 million). One of the successes among Sony's entertainment franchises was the latest 'Demon Slayer' animation movie, which is part of a hit series and is doing well at the box office. ___ Yuri Kageyama is on Threads:
Yahoo
9 minutes ago
- Yahoo
Latin Music Legend Dead at 88
Latin Music Legend Dead at 88 originally appeared on Parade. Eddie Palmieri, a Latin music mainstay since the 1960s, has died at 88, The New York Times reports. The legendary pianist died in his New Jersey home after "an extended illness," according to his daughter. The New York City native gained fame for fusing Afro-Caribbean rhythms with jazz, funk, and soul to create a new, bold sound that defied genre. His first band, La Perfecta, formed in 1961 and revolutionized Latin music with its use of trombones in place of trumpets. The group performed all around the city, specifically uptown, and went on the pave the way for the salsa music movement. 🎬 SIGN UP for Parade's Daily newsletter to get the latest pop culture news & celebrity interviews delivered right to your inbox 🎬 Palmieri's experimental sound came from combining traditional Cuban band elements with jazz. His 1974 solo album The Sun of Latin Music won him a Grammy, making him the first Latino ever to do so. He won 10 Grammy awards over the course of his life, per the AP. He also formed a fusion band called Harlem River Drive, which blended Black and Latin styles to create an eclectic sound that was equal parts funky, soulful, and jazzy. In addition to his 10 Grammys, Palmieri received numerous accolades over his career. At the Latin Grammys, he earned a prestigious Lifetime Achievement Award. Two of his 1988 concerts were catalogued at Washington's National Museum of American History, and Yale University awarded him the Chubb Fellowship Award in 2002—an award traditionally given to heads of state. Until his death, Palmieri continued performing in New York City jazz clubs like Birdland and Blue Note. As recently as last year, the legendary pianist was even recording new music with his band, as he told The New Yorker. He was also inducted into Jazz at Lincoln Center's Hall of Fame and performed at Sony Hall in Times Square to comemorate what the city's public advocate declared Eddie Palmieri Day. Latin Music Legend Dead at 88 first appeared on Parade on Aug 7, 2025 This story was originally reported by Parade on Aug 7, 2025, where it first appeared. Solve the daily Crossword
CBS News
11 minutes ago
- CBS News
Here's a sneak peek at The BLVD! in West Sacramento
A new entertainment venue is about to open in West Sacramento, and we got a sneak peek. The BLVD! in West Sacramento is a new place to play, featuring 37,000 square feet of food and fun. It's an entertainment center featuring a bowling alley and modern-day arcade games. "We really feel like this is a place where people can come, stay for hours, have a great time," said Tami Thompson, The BLVD! director of sales and marketing. Suzette Gibson was among the very first people to try out the laser tag arena. "It was really great, a lot of exercise, a lot of running around, but beautiful," she said. It also features a live DJ, a bar and a restaurant. The bowling lanes also have a high-tech projection system called "Spark." "It animates your lane, it has all kinds of killer graphics and it's just a really cool experience," Thompson said. The BLVD! is located along West Capitol Avenue in the old Safeway building that's been vacant since 2018. They plan on hiring more than 100 employees. West Sacramento Mayor Martha Guerrero says it's a great addition to the community. "I'm incredibly impressed at all the entertainment activities they have here for both children and adults," Guerrero said. This is only the company's second location. So why did they pick West Sacramento? "We see a lot of industry coming in, a lot of buildings coming in and we wanted to be a part of the expansion," Thompson said. The new business has drawn some criticism for having a dress code that bans torn or baggy clothes and large chains. "We want to make sure that people want to come here and have a good time with their family, and we want to make sure people feel safe," Thompson said. But many West Sacramento residents say getting this type of venue is long overdue. "It's good to have some type of entertainment where we don't have to leave the area, and it's right here in our neighborhood," Gibson said. The BLVD! opens its doors to the public on Friday. Bowling costs between $30 and $55 an hour, depending on the time of day.
