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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

Author 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 Business

SEC dropping crypto lawsuit, Coinbase says

Author 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

Author 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

Author February 21, 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

CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it

Author February 21, 2025

Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers at

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Categories Business

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

Author 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 Business

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

Author February 20, 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

Author February 20, 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

Author February 20, 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

JetBlue talking to ‘multiple airlines’ about a new partnership

Author February 20, 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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