Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure from President Donald Trump and the growing threat…
Business
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Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at…
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Business
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
by adminAn “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday. That volume would mark the best box office…
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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 bonus percentage” for its annual bonus plan…
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The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the Trump administration plans to take a friendlier…
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Business
Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
by adminAirbus 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 a large demand from the rest of…
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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 debut later this year. While the details are…
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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 of Musk’s own social media firm, X, in that…
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For decades, popcorn has been a staple of the movie theater experience and exhibitors’ bottom lines. Now, the receptacle it comes in is becoming just as important. As recently as…
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During Mettler-Toledo’s earnings call earlier this month, executives found themselves fielding a barrage of questions about one key topic: tariffs. The Ohio-based maker of industrial scales and laboratory equipment had already…