AMC declares special dividend, posts quarterly loss

video AMC CEO: Consumers storming theaters to see ‘Top Gun’, ‘Jurassic World’ AMC Entertainment CEO and president Adam Aron tells ‘The Claman Countdown’ theater attendance is up 15% from pre-pandemic levels. AMC Entertainment Holdings posted a bigger-than-expected loss as costs surged nearly 60% in the second quarter. The company also said it will pay a special dividend in the form […]

Read more

If passed, Senate bill would give oversight of bitcoin and ether to commodities regulator

video FOX Business Flash top headlines for August 3 Check out what’s clicking on FoxBusiness.com. A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The measure, introduced by the top Democrat and Republican on the Senate Agriculture Committee, would give the derivatives regulator exclusive jurisdiction over […]

Read more

CBA raises rates on home loans, key savings account

The Commonwealth Bank will lift variable interest rates on mortgages by 0.5 percentage points and raise rates on a key savings product by the same amount, following the RBA’s hike in official interest rates this week. After a period of silence from the big four banks since the central bank’s rate rise on Tuesday, the nation’s biggest lender was the first […]

Read more

Earnings Previews: Canopy Growth, DraftKings, Western Digital

The three major U.S. equity indexes closed lower Tuesday. The Dow Jones industrials dropped 1.23%, the S&P 500 slipped by 0.67%, and the Nasdaq dipped by 0.16%. All 11 sectors ended the day lower, led down the slope by real estate (1.3%), financials and industrials (both down 1.1%). An unknown attacker on Tuesday drained more than 8,000 Solana wallets of […]

Read more

Asia stocks tank as Nancy Pelosi touches down in Taiwan

video House Speaker Nancy Pelosi arrives in Taiwan for controversial visit House Speaker Nancy Pelosi arrives in Taiwan for controversial visit. Stocks in Asia plummeted overnight as it became clear that House Speaker Nancy Pelosi would be visiting Taiwan on Tuesday. Pelosi landed in Taiwan Tuesday morning for a meeting with Taiwanese President Tsai Ing-wen. The move has inflamed tensions […]

Read more

Uber posts stronger operating income as quarterly revenue doubles

video Market expert reveals hits and misses of earnings season Rosecliff founder and managing partner Mike Murphy tells ‘Varney & Co.’ Big Tech earnings will lead the stock market out of the bear market. Uber Technologies Inc.’s revenue more than doubled last quarter and boosted its operating performance amid high inflation and worries about the weakening economy. The ride-hailing giant […]

Read more

Oil Futures Settle Sharply Lower On Growth Worries

Crude oil prices fell sharply on Monday amid concerns about outlook for energy demand after the latest manufacturing surveys showed factory activity in Asia and Europe weakened last month. Also, traders appeared reluctant to create fresh long positions in the commodity ahead of this week’s OPEC+ meeting, in which the group is set to consider keeping output unchanged for September. […]

Read more
1 2 3 4 5 928