AMC Raises $250 Million in Stock Sale as Meme Stock Surge
AMC Entertainment successfully concluded a $250 million stock sale on Monday, thanks to the resurgence of the meme stock craze, which saw shares skyrocket by 90%.
Sectors
Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete
Elon Musk has completed the rebranding of Twitter, the social media platform he owns, as its website name or URL officially changes to X.com.
Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct
Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded...
Stellantis Appoints New Leaders for Ram and Dodge Brands as Tim Kuniskis Steps Down After 32 Years
Tim Kuniskis, who has been with Stellantis for nearly 32 years and is CEO of the Ram and Dodge brands, announced his retirement on Friday...
Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report
Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports...
Alabama Mercedes-Benz Workers Vote 'No' to Unionization, a Tough Loss for the UAW
Mercedes-Benz workers in Alabama have voted against joining the United...
Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers
Genesis Global, a bankrupt crypto lending firm, has been allowed by a ...
Latest News
Biden Orders China-Backed Crypto Miner to Sell Land Near Nuclear Base Due To Espionage Risks
The Biden administration ordered a Chinese-backed cryptocurrency mining company to sell its land near a Wyoming nuclear missile base due to national security after the US Committee on Foreign Investme
P&G to Promote Individual Brands at 2024 Olympics Instead of Corporate Name
Procter & Gamble will shift its focus from corporate branding to individual product brands, such as Pampers and Gillette, in its advertising for the Paris 2024 Olympics.
Obesity Drug Wegovy Reduces Risk of Heart Attack, Stroke, Despite Not Contributing Much to Patient’s Weight Loss, Study Finds
Researchers have discovered that anti-obesity injections may significantly decrease the likelihood of heart attacks, strokes, or heart failure in individuals who are obese, regardless of the amount of
Elon Musk's Tesla Settles Sexual Harassment Lawsuit by Ex-Worker Who Claimed She Was Fired After Being Harassed 100 Times
Elon Musk's Tesla has settled a lawsuit filed by a former factory worker who claimed she was dismissed after reporting sexual harassment incidents.
OpenAI Introduces ChatGPT-4o; New Smarter, Faster Chatbot Scarily Translates, Flirts, and Teaches Humans!
OpenAI executives revealed how the newest ChatGPT can translate live conversations, read bedtime stories in multiple voices, and even teach math.
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Walmart Is Laying off Hundreds of Employees, Asking Remote Workers to Move to Offices
Walmart is reportedly laying off hundreds of corporate employees and requesting all its remote workers to move to the company's offices.
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
Red Lobster Abruptly Closes at Least 48 Restaurants in US Amid Bankruptcy Reports
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction.
