“Apparently our guests are coming to see movies hungry and thirsty,” AMC CEO Adam Aron tweeted.
: SEC charges Binance and founder CZ with mishandling customer funds, illegally serving U.S. investors
The Securities and Exchange Commission charged Binance Holdings Inc. and its founder Changpeng Zhao with securities law violations Monday.
The Ratings Game: Why Meta’s stock is still ‘highly attractive’ after a 125% surge this year, according to one bull
Meta has already translated artificial intelligence into revenue benefits, and one analyst thinks a continuation of that trend could power its stock further.
The Moneyist: ‘Am I cheap?’ I used to give my nieces and nephews $100 gift cards, but I left my job in tech. Is $25 insulting?
‘I have been generous in the past when giving gifts for graduations or birthdays.’
: Spotify will lay off 200 employees as it shakes up podcast strategy
Spotify Technology plans to lay off about 200 employees, or roughly 2% of its workforce, as it shifts its strategy around podcasts.
Banking: Kennedy Wilson lines up Fairfax Financial as buyer of PacWest loan portfolio
Fairfax to pay $2.1 bln for construction loans from Kennedy Wilson’s previously-announced acquisition of PacWest loans.
: Circor’s stock rockets after buyout deal with KKR valued at $1.6 billion, including debt
Circor’s stock rocketed Monday after the flow-control-products company announced a $1.6 billion cash deal to be acquired by KKR.
Economic Report: April U.S. factory orders rise for fourth gain in five months
Orders for manufactured goods rose 0.4% in April, the Commerce Department said Monday.
Economic Report: Businesses hit a wall, ISM finds: ‘Everything seems to have leveled off. Not getting any worse, not getting any better.’
Most U.S. businesses grew at a slower pace in May as customer demand leveled off, a new survey showed. The ISM services index fell to a 5-month low of 50.3%.
: Apple stock falls short of record close, turning lower after WWDC
Apple Inc. shares traded at record intraday levels Monday but failed to close at an all-time high despite being on track to do so for much of the session.
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