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Categories Politics

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

Author admin February 22, 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 Politics

SEC dropping crypto lawsuit, Coinbase says

Author admin 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 Politics

Meta approves plan for bigger executive bonuses following 5% layoffs

Author admin 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 Politics

Amazon surpasses Walmart in revenue for the first time

Author admin 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 Politics

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

Author admin 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 Politics

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

Author admin 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 Politics

JetBlue talking to ‘multiple airlines’ about a new partnership

Author admin February 21, 2025

JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president

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Categories Politics

Walmart says it’s ‘not going to be completely immune’ from Trump’s tariffs

Author admin February 21, 2025

Walmart would likely see some impact from tariffs President Donald Trump is seeking to impose, especially if ones threatened against Canada and

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Categories Politics

Hasbro says it’s taking steps to offset China tariff effects

Author admin February 21, 2025

Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the

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Categories Politics

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

Author admin 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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