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%.
Industry
China Considers Buying Millions of Unsold Homes Amid Real Estate Crisis
China mulls purchasing surplus homes amid real estate crisis. The proposed plan involves state-owned enterprises acquiring distressed properties
Samsung Plans to Limit Launch of Galaxy Z Fold 6 to Single Model
Samsung is rumored to limit its offering for its Galaxy Z Fold 6 for the summer version of Galaxy Unpacked this year.
Walmart’s Dominance in US Retail Industry at Odds Following Announcement of Workers’ Layoffs, Relocations
Walmart's position as America's top retailer is in jeopardy following the announcement of significant layoffs and the mandate for remote employees to return to the office, signaling potential internal struggles and increased competition.
Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
Latest News
OpenAI executives revealed how the newest ChatGPT can translate live conversations, read bedtime stories in multiple voices, and even teach math.
Elon Musk's Tesla has settled a lawsuit filed by a former factory worker who claimed she was dismissed after reporting sexual harassment incidents.
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
President Joe Biden has signed a bipartisan bill that bans imports of enriched uranium from Russia. Uranium is the fuel most used by nuclear power plants.
Union leaders and lawmakers on Monday strongly criticized Boeing for locking out its unionized firefighters and urged the company to reach a fair contract agreement.
South Africa faces a significant corporate exodus, raising economic concerns. Major departures like BNP Paribas and Shell highlight regulatory instability and threatening investment.
India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.
![[REPORT] California's Secret Gas Tax Hike Could Happen; Senator Says It's Like 'Tax on the Tax'](https://d.vcpost.com/en/full/105301/report-californias-secret-gas-tax-hike-could-happen-senator-says-its-like-tax-tax.webp?w=329&h=190&f=ce8dbc181aba9335a09a74c4562a72da)
California's secret gas tax hike could soon arrive, as revealed by a new report. Should Americans be worried?
South Korea is planning to release a chip investment and research support package worth over $7.3 billion.
