AMC Entertainment posted a net loss of $4.59 billion for 2020 as the coronavirus pandemic forced most of its theaters to shutter for a large chunk of the past year. The nation’s largest movie theater chain also said in an earnings report Wednesday evening that it lost some $946 million in the last quarter of 2020 alone. Even before the […]

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Rhino Insurance lets you avoid putting down a security deposit when you rent an apartment.  If your landlord accepts Rhino, […]

The Roku Channel, which entered the original programming realm this year with its acquisition of shows from failed streaming startup Quibi, has slated its first licensed original. Action drama Cypher will have its premiere on March 19 in the U.S. and Canada, its first appearance on any domestic platform. The show’s seven episodes will be free for viewers on the Roku […]

Chinese Premier Li Keqiang emphasized the country's need to build up its own talent, amid tensions with the U.S. Li was addressing reporters Thursday immediately after the close of a largely symbolic annual parliamentary meeting. The comments contrast with Li's emphasis on attracting foreign businesses during last year's same post-parliamentary meeting with reporters. BEIJING — As tensions with the U.S. […]

Between December 2019 and December 2020, U.S. homeowners with a mortgage saw the equity in their homes rise by 16.2%. For the 62% of homeowners with a mortgage, that increase totaled $1.5 trillion. Looked at slightly differently, the number of U.S. homes with underwater mortgages (i.e., the value of the home is lower than the amount of the mortgage) fell […]

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. OnJuno is a digital banking platform with a high APY and cash back rewards on its checking account. The premium […]

Editor's note: This post has been updated to reflect the news that Duke has pulled out of the ACC tournament after a positive COVID-19 test.  Syracuse inched closer toward inclusion in the field of 68 for the NCAA Tournament following its ACC Tournament victory on Wednesday.  The Orange (16-8, 9-7) have now won three in a row after dismantling North Carolina State […]

SHANGHAI — JD.com finished off 2020 strong, boosted by shoppers who turned to e-commerce to adapt to post-pandemic life, with the Chinese online retailer delivering fourth quarter revenue growth of 31.4 percent compared to a year ago. Net revenue for the fourth quarter totaled 224.3 billion renminbi, or $34.4 billion, while full-year revenue came in at 745.8 billion renminbi, or […]

HSBC and Google Cloud teamed up to launch a chatbot to answer internal policy questions at the bank. It’s the latest investment in digital from HSBC, which spent $5.5 billion on tech in 2020. Insider spoke with two execs who led the project as banks increasingly focus on regulatory tech. Visit the Business section of Insider for more stories. HSBC […]