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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

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

February 22, 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

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

February 22, 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

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

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

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

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

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 Business

Microsoft reveals its first quantum computing chip, the Majorana 1

February 21, 2025

Microsoft on Wednesday announced Majorana 1, its first quantum computing chip.  The achievement comes after the company has spent nearly two decades of research

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Categories Business

JetBlue talking to ‘multiple airlines’ about a new partnership

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 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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