17 June 2024 – The Fund Society

US equities hit record high as tech stocks make gains

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Apple scraps ‘buy now, pay later’ service in the US just months after rollout

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Infographic: The Next Characters to Enter the Public Domain

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June 17, 2024 Article/Editing: Graphics/Design:

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The Next Characters to Enter the Public Domain

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Copyright is a type of intellectual property right that protects authors’ original works, meaning that their art cannot be used without approval. However, copyright protections do not last forever—eventually, all original work will enter the public domain.

In this graphic, we visualize the popular characters that are set to enter the public domain in the next 15 years, using data compiled from several sources.

How Does a Character Enter the Public Domain?

The amount of time a given work is protected by copyright varies, but this window typically lasts 70 years after the author’s death or 95 years after publication. Once the copyright expires, the work enters the public domain, signaling time for anyone to enjoy and interact with them without legal repercussions.

Which Characters Will Have Their Copyrights Expire Next?

The Brothers Grimm version of Snow White has already had its copyright expire. However, Disney’s iconic Snow White and the Seven Dwarfs version will only enter public domain in 2032.

On January 1st, 2024, the Steamboat Willie versions of Mickey and Minnie Mouse entered public domain (and already, content creators are seizing the opportunity). The modern version of Mickey Mouse will follow suit in roughly 15 years.

Below is a list of popular characters that will be entering the public domain in coming years.

CharacterYear expected to enter the public domain Sleeping Beautyalready public domain Snow Whitealready public domain Pinocchioalready public domain Peter Panalready public domain Tinkerbellalready public domain Captain Hookalready public domain Winnie-the-Poohalready public domain Mickey Mouse (Steamboat Willie version)already public domain Minnie Mouse (Steamboat Willie version)already public domain Popeye2025 Pluto2026 Betty Boop2026 Goofy2028 Donald Duck2029 King Kong2029 Snow White and the Seven Dwarves (Disney version)2032 Superman2034 Bugs Bunny2035 Batman2035

Trafigura pays $55mn US fine in case alleging market abuse

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GameStop drops more than 12%, hits session lows after annual meeting fails to offer details on firm’s strategy

The meme stock was down about 12%, as GameStop’s rescheduled shareholder event wrapped up with no detailed remarks about the company’s strategies. No shareholders got to ask their questions during the meeting, which lasted about 30 minutes. In brief introductory remarks, CEO Ryan Cohen reiterated the company’s plans to focus on cutting costs and boosting profits and intimated that more store closures could be on the horizon. Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters

GameStop shares dropped to session lows Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the video game retailer’s future plans.

The meme stock was down about 12%, as the company’s rescheduled shareholder event wrapped up with no detailed remarks about its strategies. No shareholders got to ask their questions during the meeting, which lasted about 30 minutes. Shares were down as much as 17% at $23.79.

Stock chart icon

In brief introductory remarks, CEO Ryan Cohen reiterated the company’s plans to focus on cutting costs and boosting profits and intimated that more store closures could be on the horizon.

“Revenues without profits and prospects of future cash flows are of no value to shareholders. This means a smaller network of stores with an expanded assortment of higher value items that fit into our trade-in model,” Cohen said.

Cohen didn’t provide more specifics on the company’s future growth strategies. He spoke about the importance of having a “strong balance sheet” and called it a “strategic advantage” — especially in times of economic uncertainty. As of May 4, GameStop had about $1 billion in cash and cash equivalents on its balance sheet.

“While the future is always uncertain, the last decade’s monetary and fiscal policies both within the U.S. and globally are historic anomalies. Exiting from an ultra-low interest rate environment is likely to have unforeseen reverberating effects across the economy, as seen with inflation hitting 40-year highs in 2022,” Cohen said.

“Under the current interest rates, an investment made in today’s economic climate must bear a higher return threshold,” he added. “As my father always said, actions speak louder than words. We are focused on building

CNBC

Milan stock exchange workers set to strike over Euronext’s ‘divestments’

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Stocks making the biggest moves midday: Autodesk, Broadcom, AMC Networks, Virgin Galactic and more

Check out the companies making headlines in midday trading: Virgin Galactic — The struggling space company slid 15% as the stock’s 1-for-20 reverse stock split took effect. The company was trying to get its stock back above $1 a share after a steady slide over the past three years. Virgin Galactic paused spaceflight operations this year to focus resources on developing its next-generation Delta-class spacecraft . AMC Networks — Shares of the cable TV network plunged more than 30% after it announced plans to sell $125 million in convertible senior notes due 2029 in a private offering to institutional buyers. Xponential Fitness — The stock surged around 26% after the company named Mark King as CEO effective today. The company also announced that Brenda Morris, who served as interim CEO, will remain on its board of directors. Autodesk — Shares gained more than 6% following activist fund Starboard Value taking a $500 million stake in the software company. Starboard said it is considering pursuing legal action over the company’s delayed disclosure that it had begun an internal investigation into accounting malfeasance. Broadcom — The chipmaker’s stock extended its gains from Friday, popping close to 5% during Monday’s session and surging more than 35% this month. The company beat earnings and revenue estimates for the second fiscal quarter last week, and it announced a 10-for-1 stock split. Shattuck Labs — The biotechnology stock dropped 14% on the back of a BTIG downgrade to neutral from buy. Though clinical trial data released Friday shows “encouraging efficacy,” BTIG said there is “ambiguity” in one area that should remain unresolved until the second half of 2025. Louisiana-Pacific Corporation — Shares of the building materials manufacturer fell more than 5% after Goldman Sachs downgraded the stock to sell from neutral. The firm thinks the company’s valuation as well as competitive and macroeconomic pressures will lead to underperformance. TDK Corporation — Shares of the Apple supplier rose around 2.6% after the company said it had successfully developed a material for its solid-state batteries. The company also said the material could boost performance for wearable devices. Best Buy — The retailer’s stock jumped 43.5% following an upgrade from UBS to buy from neutral and an increase in the price target to $106 per share from $85. The investment bank thinks a potential forthcoming appliance upgrade

CNBC

Proposed North Sea tax hike pours cold water on producers

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Where Unemployment Benefits are the Highest, in OECD Countries

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June 17, 2024 Graphics/Design:

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Ranked: Unemployment Benefits in OECD Countries

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This graphic ranks OECD countries by their level of unemployment benefits offered. This is measured by the percentage of previous in-work income a person would earn after being unemployed for one year.

Calculations reference a single person without children, whose previous in-work earnings were 67% of the average wage in each country. Data for this graphic and article can be accessed at OECD.org.

ℹ️ As of 2024, the OECD has 38 member countries plus several accession candidates. OECD Countries by Unemployment Support

Luxembourg tops the rankings of OECD countries by unemployment benefits. Workers in the country can receive 87% of their previous employed income for up to a full year out of work.

RankCountry% of previous in-work
income received
after 1 year 1🇱🇺 Luxembourg87 2🇧🇪 Belgium78 3🇩🇰 Denmark78 4🇧🇬 Bulgaria*77 5🇵🇹 Portugal75 6🇨🇭 Switzerland72 7🇳🇴 Norway67 8🇫🇷 France66 9🇪🇸 Spain66 10🇳🇱 Netherlands64 11🇸🇪 Sweden64 12🇮🇹 Italy62 13🇮🇸 Iceland61 14🇩🇪 Germany60 15🇫🇮 Finland58 16🇦🇹 Austria51 17🇲🇹 Malta*49 18🇬🇷 Greece47 19🇪🇪 Estonia45 20🇸🇮 Slovenia44 21🇳🇿 New Zealand42 22🇭🇷 Croatia*41 23🇨🇾 Cyprus*38 24🇯🇵 Japan38 25🇷🇴 Romania*38 26🇮🇪 Ireland35 27🇦🇺 Australia32 28🇵🇱 Poland31 29🇰🇷 South Korea23 30🇨🇦 Canada22 31🇮🇱 Israel22 32🇱🇹 Lithuania21 33🇨🇿 Czechia20 34🇬🇧 UK16 35🇱🇻 Latvia14 36🇸🇰 Slovakia10 37🇹🇷 Türkiye10 38🇭🇺 Hungary9 39🇺🇸 U.S.9
*Not formally in the OECD. Data unavailable for Costa Rica, Chile, Colombia, and Mexico. Figures current up to 2023.

However, there are stipulations to receiving this money. This includes being fit and willing to work as well as already registered in the National Employment Agency.

Belgium Bulgaria denmark Economy hungary luxembourg Misc oced Portugal Switzerland Taxes U.S. Unemployment unemployment benefits unemployment support United States

EU Approves Nature Restoration Law

Austria’s unexpected support means the flagship biodiversity legislation will pass despite opposition from farmers.

EU member states have approved the bloc’s central biodiversity policy, the Nature Restoration Law, after Austria made a surprise last-minute decision to back the legislation. As a result, EU members will now be subject to the most comprehensive set of biodiversity targets in the bloc’s history. The unexpected twist will,…

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