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IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - Feb. 21 -
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.NBC News - Feb. 21 -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - Feb. 21 -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - Feb. 21 -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - 6d -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 6d -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - 5d -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 4d -
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a familiar approach.MarketWatch - 4d -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - 4d -
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.CNBC - 4d -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - 4d -
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
Uncertainty about tariffs and labor-cost headwinds have weighed on stock this yearMarketWatch - 2d -
Musk’s cost-cutting drive quietly deletes billions in claimed savings from website
‘Wall of receipts’ drops five largest savings claimed by ‘department of government efficiency’ after debunking. US politics live – latest updates When Elon Musk ’s cost-cutting drive, the ...The Guardian - 2d -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 2d -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 2d -
CBS must defend our free press, not settle Trump's $20 billion lawsuit
CBS has some figuring out to do with regards to free expression.The Hill - 2d -
Trump praises Doge in first cabinet meeting and claims ‘billions’ in savings without evidence – live
Elon Musk attends first cabinet meeting of Trump’s second term amid chaos and confusion caused by his efforts to cull the federal government workforce. Trump’s first full cabinet meeting ...The Guardian - 2d -
VA pauses billions in cuts lauded by Musk as lawmakers and veterans decry loss of critical care
The Department of Veterans Affairs has temporarily suspended billions of dollars in contract cuts after an uproar that critical veterans health services were harmed, lawmakers and veterans service ...ABC News - 2d -
CFPB moves to drop suit accusing Capital One of cheating customers out of $2 billion
The Consumer Financial Protection Bureau is moving to drop a suit against Capital One brought during the Biden administration just last month that accused the bank of cheating customers out of a ...NBC News - 1d -
ICE signs $1 billion contract with private firm for New Jersey detention center
The U.S. Immigration and Customs Enforcement (ICE) said Wednesday it would reopen a 1,000-bed New Jersey detention center after signing a $1 billion contract with a private global lender. ICE will ...The Hill - 1d -
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Index funds saved billions in fees. Now the industry wants its money back.
Innovations may be a costly trapFinancial Times - 1d -
Trump says a minerals deal with Ukraine is worth billions. It might not be as valuable as he hopes
Analysts questions the size of Ukraine's natural resources deposits, how accessible they are and easy to extract, and the ultimate value of a potential deal.CNBC - 16h -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 15h -
Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.MarketWatch - 1d -
Mom receives heart transplant after suffering rare condition after childbirth
Kristin King underwent a heart transplant four months after her heart began to fail following childbirth.CBS News - 1d -
Millions in the dark in Chile after blackout
SANTIAGO, Chile — A sweeping blackout hit Chile on Tuesday, stranding commuters, knocking out traffic lights, paralyzing countless businesses and leaving millions of people across the South ...NBC News - 3d -
These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - Feb. 21 -
ESPN, MLB to end broadcast deal after 2025
ESPN's coverage of Major League Baseball games will conclude at the end of the 2025 season, it was announced on Thursday.ESPN - Feb. 21 -
Progressives struggle to stem bleeding after brutal year
Progressives are struggling with recruitment, morale and fundraising as they seek a path forward heading into next year’s midterm elections. While some on the left, such as Justice Democrats, have ...The Hill - Feb. 21 -
Neighbours cancelled again, two years after revival
The series will finish at the end of 2025, after 40 years and more than 9,000 episodes.BBC News - Feb. 21 -
Hawks' Young after loss: Officiating 'one-sided'
Hawks All-Star guard Trae Young said the officiating was "one-sided" after Thursday night's loss to the Magic.ESPN - Feb. 21 -
Several hurt after explosion at resort in Maui
Several people were injured after an explosion at The Whaler in the resort community of Kaanapali in Maui. Video shows debris and smoke shooting from a building. The explosion is believed to have ...NBC News - Feb. 21 -
Families return home after sinkhole swallows road
Six families are being allowed to return home in Godstone after being evacuated on Tuesday morning.BBC News - Feb. 21 -
Dodgers' Miller has no fracture after liner scare
One day after he was struck in the head by a line drive, Dodgers pitcher Bobby Miller has no fracture and is in "good spirits," according to manager Dave Roberts.ESPN - Feb. 21 -
Pedestrian dies after being hit by ambulance
A 40-year-old man was hit by the ambulance, which was responding to an emergency call, on the outskirts of Elgin.BBC News - 6d -
Dirk 'disappointed and sad' for Luka after trade
Mavericks legend and Basketball Hall of Famer Dirk Nowitzki admitted he was shocked that Dallas decided to trade Luka Doncic.ESPN - 6d