According to an SEC filing, AMC Entertainment CEO Adam Aron’s compensation in 2021 reached $23.7 million, which is a 25% increase from the previous year. The compensation included a $1.5 million base salary, a $6 million cash bonus, and $16.2 million in stock awards. The company praised its management team for remaining vigilant, flexible, and
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SpaceX CEO, Elon Musk, has announced plans for the company to spend around $2 billion on its Starship rocket development this year. Despite this large investment, Musk said that SpaceX does not anticipate needing to raise funding to further bolster the Starship program and its other ventures, as they are not currently in need of
The NFL draft weekend saw an unprecedented number of player and pick trades that took place over the course of three days. By the end of the draft, teams had completed 43 trades, surpassing the previous record of 40 set in 2019. Trade Highlights The Houston Texans were responsible for kicking off the trade frenzy
Matthew Lawrence recently shared a story about being offered a role in a Marvel production under one condition – if he stripped. On the Brotherly Love podcast, the actor recounted his experience of being propositioned by a prominent Oscar-winning director who asked him to disrobe and take Polaroids. Lawrence refused to comply and was subsequently
China’s official data showed that the country’s manufacturing activity decreased unexpectedly in April, creating pressure on policymakers to boost the economy. The manufacturing purchasing managers’ index (PMI) fell to 49.2 in April from 51.9 in March, indicating a contraction. This is below the 50-point mark that separates expansion and contraction in activity on a monthly
Arm, the chip maker owned by SoftBank Group Corp, has filed confidentially for an IPO on the U.S. stock market. The move comes after SoftBank announced in March that it planned to list Arm in the U.S. market. The IPO registration shows that SoftBank is proceeding with the offering despite adverse market conditions. Arm reportedly
The Toronto Maple Leafs secured their first NHL playoff series victory in almost two decades as they defeated the Tampa Bay Lightning 2-1 on Saturday night. John Tavares scored in overtime, and the Maple Leafs clinched the best-of-seven series in six games, winning three times on the road in overtime. This was their first series
The digital ministers of the Group of Seven (G-7) advanced nations have agreed to adopt “risk-based” regulation on artificial intelligence (AI). This comes as European lawmakers rush to introduce the AI Act to enforce rules on emerging tools such as ChatGPT. However, the ministers also emphasized the need to “preserve an open and enabling environment”
Philippine President Ferdinand Marcos Jr. met with US President Joe Biden on Monday to enhance the alliance between Manila and Washington. Before leaving for his four-day official visit to the US, Marcos expressed his determination to forge a stronger relationship with the United States to address the concerns of their times, including issues related to
Jamal Murray led the Denver Nuggets to a convincing 125-107 win over the Phoenix Suns in Game 1 of the Western Conference playoffs. Murray scored 34 points and made six 3-pointers, including two in just 28 seconds during the fourth quarter to halt a Suns’ comeback. Murray’s performance reminded everyone that the Nuggets are the