Moviegoers watch the film “Ne Zha 2” at an Imax GT Cinema on in Guiyang, China, Feb. 23, 2025. China News Service | China News Service | Getty Images In December, Imax CEO Rich Gelfond opened the door to a sale. Almost nine months later, the company’s stock has hit an all-time high, its box…
The cyclospora outbreak that has sickened thousands of people across the U.S. has brought fresh scrutiny of the integral role Taylor Farms and other massive suppliers play in the country’s food supply. The company, which the Food and Drug Administration has linked to the parasite’s spread, is one of the world’s largest producers of fresh-cut…
The U.S. Labor Department’s building in Washington, Oct. 4, 2024. Xinhua News Agency | Xinhua News Agency | Getty Images How some workers are able to access health insurance — and how much they pay for it — could be headed for a change. The U.S. Labor Department is planning to propose a rule that…
Gilead Bixlenvo drug Courtesy: Gilead The Food and Drug Administration approved a once-daily HIV pill from Gilead that could help simplify care for some patients, the company announced Thursday. The drug, marketed as Bixlenvo, is aimed at patients whose virus is already under control but who remain on complicated treatment regimens. It could also appeal…
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over the reins from current CEO Haio Barbeito, who will become an…
A Social Security Administration office in San Francisco. Getty Images The Social Security cost-of-living adjustment next year may be higher than the 2.8% benefit increase beneficiaries saw in 2026, according to the latest projections. That might lead some older adults to consider claiming Social Security retirement benefits now — to ensure they benefit from that…
American Airlines A321XLR. Courtesy: American Airlines American Airlines announced Thursday it will add seven international routes to its 2027 schedule, with many of those on its Airbus A321XLR planes. Here are the additions: Charlotte, North Carolina, to Barcelona, Spain, starting May 27, on a Boeing 777-200ER. Chicago O’Hare International Airport to Tokyo’s Narita International Airport,…
Cleveland Federal Reserve President Beth Hammack on Thursday repeated her call for higher interest rates, saying recent inflation data show the central bank is still too far from its goal. A report released Wednesday showed inflation running around 3% on an annualized basis, the central bank policymaker said. Even though the monthly rates of price…
The New York Stock Exchange on April 14, 2025. View Press | Corbis News | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices boosted their stock holdings…
A Best Buy logo sign is seen in Chicago, Illinois, United States, on July 29, 2026. Marcin Golba | Nurphoto | Getty Images Best Buy on Thursday reported better-than-expected fiscal second-quarter results and raised its full-year outlook as the company’s recovery showed more signs of taking hold. The consumer electronics retailer said it saw comparable…