AMC to charge more for good seats in movie theaters
AMC said the pricing plan, dubbed “Sightline,” has already been rolled out in some locations and, by the end of the year, will be in place at all domestic AMC theaters during showings after 4 p.m.
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Dell latest to trim headcount as big tech job cuts keep coming
The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it’s taken to stay ahead of eroding market conditions are no longer enough.
For Super Bowl ads this year, crypto is out, booze is in
Mark Evans, executive vice president of ad sales for Fox Sports, said a few ads went for more than $7 million for a 30-second spot. Most sold between $6 million and $7 million.
U.S. downs Chinese balloon, drawing threat from China
China responded that it reserved the right to “take further actions” and criticized the U.S. for “an obvious overreaction and a serious violation of international practice.”
Dems reshuffle primaries to stress diversity over tradition
Although more changes are possible later this year, the formal endorsement by the Democratic National Committee during its meeting in Philadelphia is an acknowledgement that the start of the 2024 primary will look very different from the one in 2020.
U.S. adds surprisingly strong 517,000 jobs despite Fed hikes
January’s job growth far exceeded December’s 260,000 total and extended a streak of powerful hiring gains that raised concerns at the Federal Reserve about inflation pressures.
Two rivals from factory floors facing off in race to lead UAW
In the first-ever direct election of a UAW president in the union’s 88-year history, Ray Curry, who started on the assembly line at a truck plant in North Carolina, faces Shawn Fain, 54, who began as an electrician at a Chrysler metal casting plant in Kokomo, Indiana.
U.S. filings for jobless aid lowest since April
The job market has withstood aggressive rate hikes by the Federal Reserve as the Fed attempts to cool the economy and bring down inflation.
Funding-boost bill for Indiana public health program advances
State Health Commissioner Dr. Kristina Box, several medical organizations and business groups urged lawmakers to support the plan, pointing to Indiana’s poor national rankings in areas such as smoking, obesity and life expectancy.
Ten states mull cross-border rules to tackle teacher shortage
The Interstate Teacher Mobility Compact would effectively allow teaching licenses to be viable across members of the compact, cutting through the current 50-state patchwork of disparate requirements.
Republican-led committee targets COVID relief fraud for review
More than 1,000 people have pleaded guilty or have been convicted on federal charges of defrauding myriad COVID-19 relief programs that Congress established in the early days of the pandemic.
Fed lifts rate by quarter-point and signals more hikes ahead
The Fed’s latest move, though smaller than its previous hike—and even larger rate increases before that—will likely further raise the costs of many consumer and business loans and the risk of a recession.
IndyCar preseason set to start without Lights winner Lundqvist
The start of a new IndyCar season is looming with a field that will include four rookies, but Linus Lundqvist, the reigning Indy Lights champion, isn’t one of them.
Tech industry job cuts come rapidly, in big numbers
In just the past month, there have been about 50,000 job cuts across the technology sector. Here’s a look at some of the companies that have announced recent layoffs.
Lawmakers aim to raise penalties for airline disruptions
Senators who want to impose tougher penalties when airlines strand or delay passengers say they finally might be able to turn their ideas into law because of outrage over debacles like the one at Southwest Airlines in December.
U.S. consumer confidence lags as 2023 gets under way
American consumers are kicking off 2023 a bit less confident than they were at the end of last year as inflation and the possibility of a recession loom.
Indiana justices decline to immediately hear abortion case
The state Supreme Court issued an order Monday saying the state Court of Appeals will first consider the case, after a lower court judge in December sided with residents who claim the state’s abortion ban infringes on their religious beliefs.
U.S. wage growth slowed in the final quarter of 2022
Pay and benefits for America’s workers grew at a healthy but more gradual pace in the final three months of 2022, the third straight slowdown that could help reassure the Federal Reserve that wage gains won’t fuel higher inflation.
Wintry weather scrubs more than 1,000 flights
About 4,700 flights were delayed nationwide. Southwest scrubbed more than 500 flights, or about 12% of its entire schedule, while American dropped about 200 flights.
Biden to end COVID-19 emergencies on May 11
The costs of COVID-19 vaccines are expected to skyrocket after the emergencies are lifted. Free at-home COVID tests will also come to an end. And hospitals will not get extra payments for treating COVID patients.