Money

After a big box office weekend for “A Quiet Place,” AMC stock was making a lot of noise on Tuesday. Shares of AMC Entertainment shot up roughly 20% in trading on Tuesday. It’s welcome news for the beleaguered theater chain, the biggest in the world, as it attempts to rebound from the coronavirus pandemic. The

Mining for bitcoin and other cryptocurrencies is typically done by companies that own massive server farms operating outside of the United States. But cybersecurity firm NortonLifeLock is hoping to bring mining to your desktop. NortonLIfeLock announced Wednesday morning that it is launching a new feature for a select group of early customers of its Norton

Price are rising quickly across huge swaths of the developed world, with inflation in the United States and countries that belong to the Organization for Economic Cooperation and Development surging in April to the highest rate since 2008. Energy price hikes boosted average annual inflation across OECD countries to 3.3% in April, compared with 2.4%

American shoppers may want to brace themselves for yet another possible supply crunch — this time with meat. JBS USA, the country’s top beef producer and its second largest producer of pork, suffered a cyberattack this weekend, prompting reported shutdowns at company plants in the United States and globally. On Tuesday evening, an official from

Major meat producer JBS USA suffered a cyberattack on Sunday. The attack affected servers supporting its IT systems in North America and Australia, the company said in a news release. “The company is not aware of any evidence at this time that any customer, supplier or employee data has been compromised or misused as a

WarnerMedia and Discovery have revealed the name that their soon-to-be-combined companies will take once they are fused together: Warner Bros. Discovery. Discovery CEO David Zaslav announced the name Tuesday to WarnerMedia employees in a conversation hosted by WarnerMedia CEO Jason Kilar. “We thought we need to represent, really, who are we? Who are we? What’s

Sam’s Club is the latest warehouse chain to bring back food samples, joining rival Costco in returning to a pre-pandemic shopping staple. Beginning this week the company is relaunching its sampling and demo program, called “Taste & Tips,” across its roughly 600 US locations. The perk was discontinued in March 2020 as the pandemic hit

A new LGBTQ exchange-traded fund recently launched on Wall Street … just in time for the start of Pride Month. It’s a clear sign that investors recognize the purchasing power and economic clout of members of the LGBTQ community. The LGBTQ + ESG100 ETF from data firm LGBTQ Loyalty Holdings invests in 100 companies in

America’s recovery from the pandemic downturn has been rocky: Millions of workers — especially women — remain on the sidelines, while parts of the economy are booming and inflation is rising. Getting people back into the labor force and into a job is now key to keep the recovery going and stop the economy from

This special edition of the “Reliable Sources” newsletter is a look ahead to the next three months in pop culture, politics, business, tech, and more. The summer of 2021 is about vaccinations and unmaskings and in-person premieres and “post-pandemic life” -— albeit at different paces for different people. And plans keep evolving as Covid-19 evolves.

Major meat producer JBS USA suffered a cyberattack on Sunday. The attack affected servers supporting its IT systems in North America and Australia, the company said in a news release. “The company is not aware of any evidence at this time that any customer, supplier or employee data has been compromised or misused as a

Add Teslas to the list of items that are costing more money during the pandemic. Last week Tesla raised the price of the Model 3 by $2,000 to $39,990 for the base model, according to a comparison of its website on the Wayback Machine internet archive. Tesla also raised the price of the Model Y

The US Chamber of Commerce on Monday announced a nationwide initiative to address the worker shortage in the US, calling the crisis the most critical and widespread challenge facing businesses. The initiative, called “America Works,” aims to mobilize industry and government to “swiftly address America’s deepening worker shortage crisis.” “The worker shortage is real —