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Categories Business

IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history

February 23, 2025

An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday. That

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Categories Business

SEC dropping crypto lawsuit, Coinbase says

February 22, 2025

The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that

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Categories Business

Meta approves plan for bigger executive bonuses following 5% layoffs

February 22, 2025

Executives at Meta stand to get bigger bonuses this year.  The company said in a corporate filing Thursday that it had approved “an increase in the target

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Categories Business

Amazon surpasses Walmart in revenue for the first time

February 22, 2025

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth

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Categories Business

Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says

February 21, 2025

Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European plane maker’s imports stateside, CEO Guillaume Faury said Thursday. “We have

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Categories Business

ESPN plans to add user-generated content to upcoming ‘flagship’ streaming service

February 21, 2025

In an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its yet-to-be-named flagship streaming service, which will

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Categories Business

Walmart is getting a bump from a surprising cohort: Wealthier shoppers

February 21, 2025

Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping to

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Categories Business

Trump Media sues Brazil Supreme Court judge who battled Elon Musk

February 20, 2025

Trump Media and its fellow conservative-oriented social media company Rumble on Wednesday sued a Brazil Supreme Court justice whose clash last year with Elon Musk led to the blocking

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Categories Business

How crazy popcorn buckets became big business for movie theaters

February 20, 2025

For decades, popcorn has been a staple of the movie theater experience and exhibitors’ bottom lines. Now, the receptacle it comes in

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Categories Business

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 20, 2025

Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs,

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