Marvel Entertainment's "Black Panther" shattering box office records. The movie generated the biggest Monday for ticket sales ever. Essence Digital Content Director Yolanda Sangweni explains the impact this film's success is having on Hollywood.
"I think it shows how the future is multi-cultural. I think this film really shattered any ideas that we had about what a super hero has to look like," says Sangweni. "More people of color are going to the movies, and we want to see ourselves on screen."
A new Ava Duvernay directed film "A Wrinkle in Time" premieres March 9th. "I think we are all going to show up for A Wrinkle in Time the same way we did for Black Panther," says Sangweni.
MTV, a division of Paramount, is planning to shut down its news division and lay off 25 percent of its workforce. The company cited "broader economic headwinds" as the reason for the shuttering. The decision comes as Paramount makes cuts to better compete with rival entertainment giants.
Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come.
Goldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
