The recent comments made by U.S. Commerce Secretary Howard Lutnick sent shockwaves through the cruise industry, resulting in a significant downturn for several major cruise line stocks. On a segment aired on Fox News, Lutnick highlighted the lack of U.S. flags on cruise ships and implied that the current tax landscape is unfavorable, stating, “None
The world of liquefied natural gas (LNG) is undergoing significant changes, especially in the United States, where policy shifts can dramatically impact the export landscape. Recently, a notable development has emerged: former President Donald Trump has overturned the restrictions on export permits that were instituted by the Biden administration in early 2024. This article delves
With the nascent recovery of Japan’s economy and the specter of inflation hanging over the market, the Bank of Japan (BOJ) is on the brink of a significant policy shift. The impending decision to raise interest rates to a level not seen since the 2008 financial crisis is both pivotal and indicative of the central
In a recent update to Wall Street, IMAX CEO Rich Gelfond shared insights that indicate the company is entering a pivotal phase for its brand and operations. While enthusiasm surrounds their recent agreement with Netflix for a unique two-week screening of Greta Gerwig’s “Narnia” beginning Thanksgiving 2026, Gelfond has tempered expectations regarding a flurry of
In a groundbreaking shift, Amazon is poised to gain creative control over the iconic James Bond movie franchise, a significant change in direction announced by the company this Thursday. The franchise, beloved by audiences for over six decades, has traditionally been managed by a family with deep roots in its history—namely, Michael Wilson and Barbara
In an effort to enhance transparency in corporate governance and combat financial crime, the U.S. Treasury Department has imposed a significant new reporting obligation on millions of companies across the nation. On March 21, businesses will face a renewed deadline to submit their “beneficial ownership information” (BOI) as mandated by the Corporate Transparency Act (CTA)
As one of China’s significant property developers, Country Garden is currently entrenched in a complex struggle to restructure its substantial offshore debt, amounting to $16.4 billion. Recent court proceedings in Hong Kong revealed that the company is striving to negotiate favorable terms with creditors, with hopes to implement an agreement by March. This situation underscores
The stock market operates in a fluid environment, where sentiment can shift dramatically within a matter of hours. In recent times, Palantir Technologies has found itself amidst a whirlwind of investor activity, showcasing the dual nature of stock investments characterized by enthusiasm and skepticism. As Palantir shares plummeted nearly 11% on a Thursday, following a
As the streaming landscape evolves, big players are increasingly recognizing the value of user-generated content. This trend has not gone unnoticed by ESPN, which is gearing up for the launch of its upcoming flagship streaming service. Designed to capture the attention of a younger demographic, the initiative indicates a marked shift in strategy for the
The iconic film “Purple Rain,” which won an Academy Award in 1985, is making a much-anticipated return to the big screen. This re-release, artfully reimagined in Dolby Cinema, is scheduled for March 5 and will take place in various AMC theatres across the United States and selected ODEON locations in the UK. This single-night event