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AMC Drops Plan to Charge More for Better Seats
AMC Entertainment is ending a plan that adjusted ticket prices based on where viewers sat after a lackluster response from moviegoers. Source link
Walmart Cuts Walmart+ Subscription Price for SNAP, Social Security Recipients
The retailer will offer the subscription at half-price to people receiving food stamps or other types of government assistance in a bid to boost participation.
This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom
Near the quiet town of Magnolia, companies including Exxon Mobil are working out how to extract lithium from brine water to help power electric vehicles.
American Airlines Raises Profit Outlook as Demand for Trips Abroad Heats Up
The airline said quarterly sales rose almost 5% from a year ago and above analysts’ expectations. Source link
The Summer China Fell Out of Love With Hollywood
Chinese moviegoers are gravitating toward films made at home, rather than in Hollywood. Source link
The Biggest Winners in America’s Climate Law: Foreign Companies
The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies.
Sequoia Partner Michael Moritz to Leave Venture Firm After 38 Years
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United Airlines Triples Second-Quarter Profit
The carrier lifted its earnings outlook on increased passenger volumes, and its CEO vowed to make changes after late-June disruptions. Source link
Netflix Password-Sharing Crackdown Delivers Jolt of New Subscriber Growth
The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year. Source link