Amc Ceo Adam Aron Touts Vote of Confidence in the Company by Its Bank Lenders
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WeWork co-founder and former CEO Adam Neumann recently offered to buy the bankrupt co-working company for more than $500 million, people with knowledge of the matter said.
WeWork co-founder and former CEO Adam Neumann recently offered to buy the bankrupt co-working company for more than $500 million, people with knowledge of the matter said.The Wall Street Journal - World -
AMC CEO says first part of 2024 ‘a slog to wade through’
AMC Entertainment Holdings Inc. CEO Adam Aron says that the first part of 2024 will be “a slog” for the movie theater chain and original meme stock, citing the ongoing impact of last year’s Hollywood writers’ and actors’ strikes.MarketWatch - Business -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China's Xi meets American CEOs in bid to boost confidence in ailing economy
China's President Xi Jinping met with top U.S. executives in Beijing as his government tries to reassure foreign businesses about the economy.NBC News - Top stories - China -
Bleak Tory mood enlivens talk of summer election and confidence vote
PM likely to land in trouble after May but chances of a leadership ousting are slimFinancial Times - World -
Boeing CEO Dave Calhoun leaving the company seen as good news for the stock
Steve Mollenkopf elected to become board chair, and will lead efforts to select next CEO.MarketWatch - Business -
Boeing’s CEO is departing, but the company’s problems run far deeper
Troubled aviation giant needs to restore its engineering and safety reputation.MarketWatch - Business -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - World -
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis
David Calhoun was brought in to fix Boeing’s issues, but he will leave a big repair job for the next leader.The Wall Street Journal - Business -
Does Boeing Need an Outsider as New CEO to Halt the Company’s Nosedive?
The search for a new CEO capable of reversing years of business and safety decline may extend beyond the industry. Or not.Inc. - Business -
Bank of England policymaker says markets pricing in too many rate cuts; Co-op Bank to cut 400 jobs – business live
Catherine Mann says market pricing is helping the central bank do its work in bringing borrowing rates down. The pound has risen since her comments, up 0.2% to $1.2661.. Bank of England policymaker Catherine Mann said financial markets are pricing ...The Guardian - World -
Boeing May Turn to Outsider for its Next CEO to Tackle Spiraling Crisis
As Dave Calhoun exits amid a series of accidents and safety lapses that leave the aircraft maker's reputation in free fall, its revamped board seeks a success, who may come from outside the industry.Inc. - Business -
China's property crisis is bleeding into its banking sector, which is being asked to prop up developers
Yahoo News - World - China -
Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.
Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as Discover’s tie-up with Capital One looms.MarketWatch - Business -
China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch
On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.CNBC - Business - China -
China Rolls Out Welcome Mat for U.S. CEOs as It Nods to Its Economic Problems
Premier Li Qiang acknowledged foreign executives’ concerns as Beijing staged its annual business forum attended by the top executives of Apple, Qualcomm and Micron.The Wall Street Journal - World - China -
Consumer Credit Lender CURO Files for Bankruptcy Under Heavy Debt Load
Company expects to reduce its debt by roughly $1 billion and save $75 million in annual cash interest payments through restructuring.The Wall Street Journal - World -
US places bets on European companies in $6bn effort to clean up its heavy industry
Biden administration push to decarbonise draws in companies from Sweden, Denmark and GermanyFinancial Times - World -
Nelson Peltz withholds votes from Disney CEO Bob Iger in proxy battle
The move is hardly shocking, given the acrimonious nature of the battle. In recent weeks, Disney has stepped up its attacks on Trian and Peltz.CNBC - Business -
AMC’s stock registers biggest gain in a month
The movie-theater chain’s shares saw their largest daily percentage gain since Feb. 27.MarketWatch - Business -
NBC News's Chuck Todd criticized the news organization over its hiring of former Republican National Committee Chairwoman Ronna McDaniel, adding to the backlash within the company over the hire.
NBC News’s Chuck Todd criticized the news organization over its hiring of former Republican National Committee Chairwoman Ronna McDaniel, adding to the backlash within the company over the hire.The Wall Street Journal - World -
Boeing chief Dave Calhoun will step down at year-end amid the aircraft maker's crisis over product quality, and the company said its chairman won't stand for re-election.
Boeing chief Dave Calhoun will step down at year-end amid the aircraft maker’s crisis over product quality, and the company said its chairman won’t stand for re-election.The Wall Street Journal - World -
Video: Why Consumer Confidence Is Falling
The WSJ’s Dion Rabouin breaks down the latest conference board data and what consumers are saying about the economy.The Wall Street Journal - World -
Consumer Confidence Little Changed in March
Americans are feeling more upbeat about current business and labor market conditions, but are concerned about where the economy is headed.Inc. - Business -
'What's happened to thrusting, confident Scotland?'
The joy of the autumn has dwindled and now all Scotland can see are problems. What has gone wrong for Steve Clarke's squad?BBC News - Top stories -
AMC shares fall 14% after movie-theater chain announces $250 million stock sale
Shares of AMC Entertainment Holdings Inc. fell 14.3% in Thursday’s session after the movie-theater chain and original meme stock filed to sell up to $250 million of stock.MarketWatch - Business -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
Sheridan Smith: 'I lost confidence but it's come back'
Smith is playing a woman in the midst of a breakdown, something the actress has experienced herself.BBC News - Top stories -
Xi tries to restore investor confidence in China
Also in this newsletter: US debt warning, German growth downgrades, the return of the commuteFinancial Times - World - China -
Adams' long-distance goal wows in U.S. win
USMNT midfielder Tyler Adams scored the first goal of the game to take the lead over Mexico.ESPN - Sports -
Barclays bank payments restored after outage
The bank has apologised as some customers experienced issues with payments into and out of accounts.BBC News - Top stories -
Boeing CEO steps down
Boeing CEO Dave Calhoun and its head of the commercial airplanes division, Stan Deal, are both out following a series of safety incidents with the company's planes. United Airlines is also facing scrutiny from the FAA. Kris Van Cleave has the latest.CBS News - Top stories -
AMC Theatres shares plummet as theater chain reels from box office struggles
AMC Entertainment shares fell about 15% shortly after the theater chain indicated that it could sell up to $250 million worth of stock to pad its finances after a period of box office woes.Los Angeles Times - Entertainment -
Rob Page confident Wales can subdue ‘fantastic’ Lewandowski in playoff clash
Wales manager a ‘proud man’ if Poland beaten in Euros playoffPage: ‘It’s about us imposing ourselves on them’Rob Page is confident the power of collectivism can not only subdue the individual brilliance of Poland’s Robert Lewandowski and transport ...The Guardian - World -
Consumer confidence dips in March on more pessimism about the future of the economy
Consumer confidence fell in March to a four-month low as persistent inflation and the 2024 presidential election made Americans more anxious, a new survey showed.MarketWatch - Business -
US faces Liz Truss-style market shock as debt soars, warns watchdog
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office headFinancial Times - Business - United Kingdom -
Trump taps superfans to make Spacs great again
TMTG looks like a rightwing meme stock combined with the classic pathologies of the blank cheque bubbleFinancial Times - Business - Donald Trump -
After HBCU administrator's suicide, alumni have 'no confidence' in leadership
Lincoln University's alumni association issued a statement of "no confidence" after President John Moseley's reinstatement after an administrator's suicide.ABC News - Top stories -
Adams, Reyna lead U.S. past Mexico to CNL title
The United States men's soccer team continued its dominance of the Concacaf Nations League -- and its regional rivals Mexico -- with a 2-0 win and a third title in a row in the competition at AT&T Stadium in Arlington, Texas, on Sunday night.ESPN - Sports - Mexico