AMC Entertainment shares tank after unveiling $110M plan
AMC Entertainment Holdings said Thursday it would raise $110 million in new equity capital through the sale of its preferred stock and proposed ...
Tag: Business
Sam Bankman-Fried’s Bahamas prison perks included cable TV, air conditioning: report
Disgraced FTX founder Sam Bankman-Fried was kept away from the general prison population and enjoyed special perks such as air-conditioning ...
H&M pulls Justin Bieber merchandise after singer called it ‘trash’
Who’s “Sorry” now? H&M will remove all Justin Bieber merchandise from its shelves after the Canadian pop star took to ...
FCC proposes record $300M fine for ‘auto warranty’ robocalls
The government wants two California men to pay for those annoying robocalls about car warranties. The Federal Communications Commission on Wednesday ...
Salary expectations for American workers hit new high: survey
American job hunters are expecting more money and don’t want to take a new position for less than $73,000 — ...
Justin Bieber nears $200M deal to sell music rights: report
Pop star Justin Bieber is nearing a deal worth about $200 million to sell his music rights to Blackstone-backed Hipgnosis Songs Capital, the Wall ...
Ken Griffin’s Citadel to return $7B in profit to clients
Hedge fund Citadel expects to return about $7 billion in profits to its investors in the first week of January ...
NYC has lost 781 chain stores since 2019
The invasion of chain stores — often pushing out mom-and-pop operations — slowed to a crawl in the Big Apple ...
Champagne makers pop corks on record $6.5B in sales despite inflation
Champagne sales are expected to reach a new record this year, despite inflation that could have made consumers shun the expensive ...
Dow jumps 500 points buoyed by Nike, improved consumer confidence
Wall Street’s main stock indexes rose on Wednesday after Nike reported upbeat results, while investors drew comfort from data that ...
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