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

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 volume...

2 days ago

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Meta approves plan for bigger executive bonuses following 5% layoffs

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...

3 days ago

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SEC dropping crypto lawsuit, Coinbase says

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...

3 days ago

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Amazon surpasses Walmart in revenue for the first time

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 quarter....

3 days ago

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

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

3 days ago

Editor's Pick

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

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 the...

3 days ago
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