Bussines
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...
Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday. Retail...
Denny’s set to close dozens more locations this year, though some openings planned too
Breakfast specialists Denny’s will accelerate planned store closures in 2025 amid continued consumer shifts toward preferences for fast-food and take-out options. On an...
Even at $8M per Super Bowl commercial, ad executives say it’s still bang for your buck
Advertisers shelled out up to $8 million for a spot during Super Bowl 59. Ad industry executives still consider the price tag worth it, and...
Why Chappell Roan and other artists find themselves among the 25 million uninsured Americans
With a Grammy win for best new artist, Chappell Roan is at a career high. A few years ago, she was one of the millions...
WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid
As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this week...
Costco and Teamsters reach tentative contract agreement, avoid strike
Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman...
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to...
