Latest news with #overseas
Fox News
2 hours ago
- Business
- Fox News
‘Uber of education' app launches as parents seek public school alternatives
An app that has a concept similar to Uber is connecting parents with specialized schools while many are fleeing the public school system. Edefy was launched in 2021 by a family with experience in investing in private schools overseas. The app's website explained that the software was "inspired by the rapid rise and outstanding results generated by Pod/Micro-Schooling." The creators of the app told Fox News Digital that this app was finalized this month after some piloting. "We have been funding the development of the Edefy app/platform for two and a half years, and began using a very rudimentary version of our app last year for some pilot pods, but the first real version for public use was just finalized and released a few days ago. We consider this version 1, but have a robust product pipeline so will be rapidly updating it with new features each week," a spokesperson told Fox News Digital. "Ultimately, I was just very frustrated with public education, and wanted to break its infrastructure and logistics monopoly, and from experience saw that the Pod school model created a better system for children and teachers," the founder of the app, who does not want their name to be disclosed, told Fox News Digital. "In-person education requires a three-sided marketplace... essentially an Airbnb for education space, meets Uber to connect families directly with teachers. It was quite the technical challenge, which is why it took so long to build, but the implications are pretty exciting," he added. School choice advocate of the American Culture Project, Corey DeAngelis, told Fox News Digital that "Uber revolutionized transportation by connecting drivers with riders." "It lowered costs, increased quality, and improved the taxi business through competition. The concept behind Edefy is the Uber of education," he said. The app creators began manually coordinating families and teachers with places to meet to form "pod schools." "This is an emerging market so terms are still somewhat undefined, but in our view, Pod schools are when families gather together and compensate the teacher they want directly," the founder told Fox News Digital. Pod schools operate similarly to microschooling, which is a hybrid of homeschooling and the traditional public school setting. These education models could be privately run or held at public institutions. The Indiana Microschool Collaborative describes microschools as "a small learning space in your local community where each student has a personalized learning plan built around their needs, interests, and goals." There has been an uptick in parents choosing to homeschool their children since the coronavirus pandemic, indicating a growing trend of parents overlooking public schools. While microschools are not a new concept, they operate similarly to homeschooling. After Arizona launched its $800 million universal school choice program giving parents $7,000 to put toward their child's education expenses, Tucson Unified School District is reportedly recently facing financial and enrollment struggles–citing losses of $20 million as parents overlooked the district. Several other states followed Arizona in passing universal school choice legislation, responding to the trend of parents seeking alternative options to traditional public schools. DeAngelis added that Edefy "could revolutionize education by connecting teachers with students while putting parents in the driver's seat." "Public schools spend about $20,000 per student per year. Imagine if that money followed the child with school choice and a teacher set up a microschool with 12 students. That teacher could pull in $240,000 in revenue each year, make more money than in the public school system, and have the freedom to teach without bureaucratic red tape," DeAngelis said. He concluded, "This concept shakes up the entire factory model school system… Parents want alternatives to the one-size-fits-all government school system, and the best teachers are ready to jump ship, too."
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Philip Morris 2Q EPS Tops Views, Company Boosts 2025 EPS Projection
Philip Morris International's PM 0.98%increase; green up pointing triangle second-quarter earnings surpassed Wall Street expectations on higher revenue and the tobacco giant boosted its projection for 2025 growth, with fortunes lifted by the burgeoning popularity of its Zyn oral nicotine pouches. The tobacco company, which sells cigarettes such as Marlboro, Parliament in overseas markets and smokeless tobacco such as Zyn worldwide, logged second-quarter earnings of $1.95 a share.
Yahoo
3 days ago
- Business
- Yahoo
Weak Dollar May Offset Tariff Pain for S&P?500
Goldman Sachs reckons a weaker dollar might cushion S&P 500 profits even as tariff battles heat probably noticed tariff talk everywhere lately. Companies worry that higher trade barriers will slam their margins. At the same time, the trade?weighted dollar is down about 7% this year, and Goldman's team sees another 4% slide by year?end. That matters because almost a third of S&P 500 sales come from overseas. When the dollar falls 10%, earnings per share tend to pop by roughly 23%, all else equal. Tech giants feel it most. Nearly half of Nasdaq 100 revenue streams in from abroad, and the Information Technology sector tops 50 percent foreign sales. On the flip side, Goldman expects the U.S. economy to outpace most peers in 2025 and 2026, giving home?grown firms a boost. Yet rising tariffsnow forecast to hit a 19% effective rate by early 2027still pose a real threat to those with big international footprints. In an era when supply?chain security is under the microscope, currency moves can be a hidden tool for managing profit swings. A soft dollar won't erase tariff pain, but it can soften the blow. With Q2 earnings rolling in, Goldman's call on a weaker dollar underpins its view that the S&P 500 can climb another 10% over the next year. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Entertainment
- Yahoo
Box Office: ‘Superman' Surpasses $400 Million Globally, ‘Jurassic World Rebirth' Nears $650 Million Milestone
'Superman' continues to rule the worldwide box office, powering to $406 million after two weekends of release. Those ticket sales include $171.8 million overseas and $235 million from the North American market. Turnout remains softer than expected at the international box office, where 'Superman' added $45.2 million in its second weekend. Outsized global appeal is vital because the comic book reboot, starring David Corenswet as the Man of Steel, has the lofty goal of launching a new phase of superhero movies for the Warner Bros.-backed DC Studios. Two interconnected spinoffs, 'Supergirl' and 'Clayface,' will land in 2026 while a new 'Wonder Woman' movie is in the works. Plus, 'Superman' will face steep competition next weekend as another comic book adventure, Disney and Marvel's 'The Fantastic Four,' opens in theaters. More from Variety 'Superman' Remains No. 1 With $57 Million as 'I Know What You Did Last Summer' and 'Smurfs' Underwhelm Jennifer Love Hewitt Has Not Spoken to Sarah Michelle Gellar Since She Was '18 Years Old' When Original 'I Know What You Did Last Summer' Premiered Freddie Prinze Jr. Talks Returning for Another Deadly 'Summer,' Good Hollywood Marriages and His Famous Father's Defunct Biopic Meanwhile Universal's 'Jurassic World Rebirth' had another huge showing with $40.2 million from 82 overseas territories in its third weekend of release. So far, the prehistoric tentpole has earned a towering $371 million internationally and $647 million globally. The dinosaur reboot, starring Scarlett Johansson, Jonathan Bailey and Mahershala Ali, is one of only three Hollywood films to surpass the $600 million mark this year, the others being 'Lilo & Stitch' ($1.008 billion) and 'A Minecraft Movie' ($955 million). However, the latest 'Jurassic' has T-rex sized footprints to fill at the box office since the prior sequel trilogy, led by Chris Pratt and Bryce Dallas Howard, each grossed $1 billion globally. In terms of newcomers, Paramount's animated 'Smurfs' musical collected $22.6 million from 58 markets. Along with a domestic debut of $11 million, the family film has earned $36 million worldwide to date. It's an underwhelming start for the $58 million-budgeted film, which will likely drive consumer product sales even if the film fails to launch a new cinematic universe. Top-earning territories include France ($3.7 million), the United Kingdom ($1.7 million) and Brazil ($1.6 million). Rihanna leads the voice cast of 'Smurfs' as Smurfette alongside the sprawling ensemble of James Corden, Nick Offerman, Natasha Lyonne, Sandra Oh, Jimmy Kimmel, Octavia Spencer and John Goodman. Another new release, Sony's R-rated 'I Know What You Did Last Summer' launched to $11.6 million from 58 markets. The slasher sequel, which brought together the stars of the original 1998 film Freddie Prinze Jr. and Jennifer Love Hewitt with newcomers Madelyn Cline and Chase Sui-Wonders, debuted in North America with $13 million for a global start of $24.6 million. Although nostalgia isn't as strong as Sony might have expected when rebooting the decades-old franchise, the studio spent a modest $18 million to produce the film, meaning there isn't a high bar to clear in terms of profitability. In another box office milestone, Apple's 'F1: The Movie' has revved past the $450 million mark globally. So far the $250 million-budgeted film has collected a huge $307.2 million internationally and $460.8 million worldwide. At this point, 'F1' has earned more in just overseas markets than any of Apple's prior movies — including Martin Scorsese's 'Killers of the Flower Moon' ($158 million worldwide) and Ridley Scott's 'Napoleon' ($221 million) — have generated in their entire global box office runs. It's a mighty achievement for an original tentpole that's aimed at adult audiences as well as a testament to Pitt's star power and the popularity of the Formula One motorsport. Solve the daily Crossword
Yahoo
4 days ago
- Entertainment
- Yahoo
People Are Sharing The Things From The '90s And '00s That No One Born After 2005 Will Understand
Recently, we asked the BuzzFeed Community, "What's something from the 90s/early 2000s that someone born after 2005 would never understand?" Here are 50 of their most nostalgic responses: Some responses are from this post as well. 1."The joy of going to the video rental store on Friday nights!" —ellie4me 2."The stressfulness, rage, and sheer insanity of being a parent to a Tamagotchi." —smartgoose16 3."Freaking out that you might get arrested for downloading Limewire and/or Frostwire." —smartgoose16 4."The Motorola RAZR was a huge deal stylistically and technologically. The fact that the pink ones were exclusive to one phone carrier — I had to buy one from overseas, where carrier-locked phones aren't a thing, and it was a different shade of pink than was available in the US. It was tiny, sleek, and internet-capable (but for the love of all things holy, don't go on the internet, think of the bill)." —tiktokism 5."The hype of the BlackBerry Curve phone." —jadewright 6."Having to watch the news to see if your school is canceled for a snow day." —myneishac 7."Phones with cords! Why, I ask, why?!" —penguinlover720 8."Calling collect and yelling your message to the person you're calling at the point you were supposed to say your name, then hanging up before anyone was charged." —slickninja 9."Netflix being a DVD-mailing service." —sleepingbubble74 10."Watching High School Musical, not on DVD. It was never really about the movie; it was all in the lead-up. The premiere of those movies was a social event and a cultural phenomenon for us growing up. I didn't have cable TV, so I had to arrange watching at my neighbor's house, but I wouldn't have missed it for the world. There was a bunch of buildup in the programming beforehand, and a countdown clock, and you'd be sitting with your eyes plastered to the TV sometimes days ahead of time so you wouldn't miss any of the exclusive trailers or bonus crossovers or promotional materials. Back then, there was still a lot of sprinting to use the bathroom between short commercial breaks. The hype didn't die down just because the movie had aired, oh no. There were High School Musical-themed birthday parties, posters, t-shirts, etc.. It was everywhere, and everyone loved it. I still do!" —tacobaco 11."I was talking to my dad today about this. I'm pretty sure kids today have probably never seen snowy/bad reception on a TV or static from the radio." —kevinhicks77 12."The Tinkerbell Pixie Hollow computer game." —Anonymous 13."Junk food vending machines at school." —almanmark720 14."We were watching regular TV the other day, and my kid asked us to pause the show. I had to explain that it doesn't work that way when you're not streaming." —francesjoys 15."Hit Clips… I miss Hit Clips." —morgandemkey 16."There was a great show on the WB network called Grosse Pointe that was a satire of Beverly Hills, 90210 and Dawson's Creek. It was only something like 12 episodes before it was cancelled. Supposedly, it hit Aaron Spelling too close to home." —janes4c411b247 17."The 2002 limited edition wild berry Spider-Man Pop-Tarts. To this day, I have not found a Pop-Tart that even comes close to how yummy (and exciting, because Spider-Man had just come out) those Pop-Tarts were. SMH, good things never last." —haleeraeevans 18."The scene era." —smartgoose16 19."Not having a computer in the home, and if you did have one, not having the internet. I didn't have a computer until I was in college, and in the summers when I was home, I was without internet unless I wanted to pay by the minute for it. We also didn't use computers much in school unless it was a business class, like typing or programming. We would write research papers by hand, and then we'd have a few days before they were due when the whole English class would go to the computer lab to type them up for submission. Even those computers didn't have internet, so much of our research was done at the library." —matchwolf 20."Having to wait until Saturday mornings to watch cartoons all morning, and you didn't have a way to custom choose the schedule for which cartoons to watch. You watched what was available on broadcast TV or cable." —jealouskitten151 21."If you lived in a small town, you had to go to the restaurant to get your food. There was no food delivery service, not even from Chinese restaurants, just the occasional pizza joint." —jealouskitten151 22."I recently found out TV Guide is still a thing when I got an actual mailer for it a couple of weeks ago." —jgcromwell 23."Walt Disney World used to send out VHS tapes with little features on the parks as a way to encourage people to visit. My sister and I used to watch them over and over again because we lived in PA, and we weren't a vacation-style family. Eventually, though, my parents did feel guilty and took us to Disney World. I do feel bad because one of my only memories of that trip is me being such a small child that when I sat on the toilet, I folded in half and fell in." —monikap6 24."Don't even get me started on having to memorize your friends' phone numbers because there were no smartphones to store them. Simpler times!" —trendycake45 25."Disney Channel used to play movies every night at 8 p.m. I still sometimes hear, 'Let's watch a Disney Channel movie.' It's not like streaming was around, so you had to be ready with a VHS tape if you wanted to ever rewatch it. The Thirteenth Year was a favorite at our household." —monikap6 26."Burning a CD. I asked my daughter what she thought it meant, and she guessed I was destroying something. Quite the opposite. Those custom CDs were romantic gifts, the soundtrack to rolling through town/backroads, and even a way to celebrate without a DJ. Now, the idea of a playlist capped at 16 songs sounds foreign." —acidictooth778 27."Trying to burn the perfect mix CD from LimeWire without crashing your computer or downloading a virus… now that was a skill." —trendycake45 28."Salsa Fries from Andy Capp." —Anonymous, 36, MN 29."Senior from 1994 here. Someone born after 2005 would never understand why, in the '90s, if you were in a hurry or had a set time to be somewhere, you did not drive the main street of your town on a Friday or Saturday night. You drove on the outskirts of town to get through faster. (Because all the teens were driving in circles or drag racing.)" —abourque 30."Waiting until after 8 pm to call long distance. Or, getting your first cellphone and having only 60 minutes of 'talk time' per month. If you went over, you had to pay per minute. Same with texting when it became more common." —laurachytka 31."Being told to come home when the street lights turn on." —slickninja 32."'Playing' the demo version of arcade games in the laundromat." —smartgoose16 33."Writing a text using only numbers. I was trying to explain this to my daughter the other day — to write out 'hey,' you had to press 4 twice, 3 twice, and 9 three times." —hovingkaitlin 34."Having to buy film for your camera. Having to be selective over what photos you take because you only get 24-36 frames. Forgetting to get the film developed for months or years." —lesliepl0310 35."Plug-in CD players. You would put a tape into the 'tape player' and the plug into the cigarette lighter, and you would be able to listen to CDs." —jgcromwell 36."On Nickelodeon, that chimp with three eyes that used to say, 'Hi, I'm Paul!' during commercial breaks and wave!" —Anonymous, 30, Niagara Falls, NY 37."Waiting for the radio station to play your new favorite pop song by Britney or *NSYNC so you can record it with a cassette tape!" —dazzlingmagician324 38."Making plans with friends to meet at the mall with no guarantee that they would show up and no way to contact them to see if they were on the way." —myneishac 39."Having a large cellular phone that came in a black leather-like bag for only your car. One of the early cell phones was hooked to your vehicle's battery." —marvelousfan911 40."Having to stop a random person to ask what time it is." —slickninja 41."Riding your bike to a friend's house and knocking on their door to see if they could come out. Or calling someone's house phone and having to interact with their family member before getting them on the phone." —slickninja 42."Being on the Internet, probably playing a flash game, and your mom telling you to get off the internet because she has to make a phone call, and then waiting around for her to finish." —hobbitgirl96 43."Buying disposable cameras for big events, and then the anticipation of getting them all developed." —bravechinchilla277 44."Pagers and payphones being the only means of communication. In fact, in high school, you were considered cool if you had a pager." —angelamastin82 45."There was a show on Disney Channel called Naturally, Sadie about a girl who loved nature. I remembered its existence, but I swear I thought it lasted a season, maybe, because I can only somewhat recall one episode (she notices that there are no baby pictures of her older brother but tons of her, and at the end, her mom reveals that they had a housefire before she was born or something), but according to Wikipedia, there were three seasons!?!" —rachelo4ef37e40d 46."Phone companies charging PER text message." —amandav4218e9747 47."Kissing Fruit lip gloss." —Anonymous, 18, Houston, TX 48."Buying a 'phone card' so you could make long-distance calls home from camp on a landline or payphone and have the cost covered in advance. There was always a stupidly long string of numbers to punch in, and you had to do it at the right time in the right order, or you would have to hang up and start all over. You bought the cards in increments of time (20 min, 45 min, 1 hr, etc). I remember having thoughts like, 'There's a dance on Friday, and I know I'll want to talk about it for a long time, so I should probably keep Monday's convo under five minutes!' Different times, man." —melc40e454224 49."The electronic pocket dictionary things. They were about the size of a calculator, and they can't have been expensive because I think I had one." —gettysburgdressmaker finally: "'You have died of dysentery.'" —kimmiethiel What's something you miss from the '90s or early '00s? Tell us all about it in the comments or in the anonymous comments box below! Note: Some responses have been edited for length/clarity.
