IMAX Corporation (IMAX) shareholders had the kind of Friday that rewrites a year. Shares of the premium cinema technology company jumped about 15% on May 22, closing at $39.12, after The Wall Street Journal reported Read more…
Consumers’ flight from brick-and-mortar stores in malls has led several popular retailers to close hundreds of stores since the Covid-19 pandemic. The year began with Saks Fifth Avenue’s parent, Saks Global Enterprises LLC, filing for Read more…
Cathie Wood, chief of Ark Investment Management, likes to take advantage of IPOs. Cathie Wood, founder and CEO of Ark Investment Management, likes to jump into some of Wall Street’s hottest IPOs. In recent years, Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. What should I wear today? It’s the age-old question repeated each Read more…
A nurse in Queens earning $75,000 a year hands over more than $12,000 in federal income taxes. That scenario is exactly what Jeff Bezos says the country no longer needs to tolerate, and Grant Cardone Read more…
In most U.S. states, a real estate agent can legally represent both the buyer and seller in a transaction — an act called “dual agency” in the industry. For agents, it’s a big win. They Read more…
Most executives announcing layoffs lean on a familiar script. They talk about efficiency, strategic alignment, and the need to position the company for long-term growth. The language is careful. The emotion is managed. What Mark Read more…
Microsoft CEO Satya Nadella revealed earlier this year that the company now writes up to 30% of its code using generative AI. The company has invested $13 billion in OpenAI. It built GitHub Copilot. It Read more…
For many shoppers, Bed Bath & Beyond was once the place to buy almost everything for a home. It was where college students picked up dorm essentials, couples built wedding registries, and families stocked up Read more…
David Einhorn is not known for cheerleading. The Greenlight Capital founder built his reputation on sharp short bets, including his famous calls against Lehman Brothers and Allied Capital. When Einhorn goes on offense, Wall Street Read more…