Imax says it’s open to a sale. Why is no one buying?
Imax CEO opened the door to a sale in December, but despite record-breaking box office performance and strong momentum through 2026, no major buyers have emerged for the $3 billion company.
Goodyear burning rubber and cash as turnaround plan continues
Goodyear’s turnaround plan aims to boost investor appeal and profitability, but the tire maker continues burning significant cash while managing over $7 billion in debt.
‘Inept, incompetent, craven’: Scott Bessent struggles to clean up the president’s mess
Treasury Secretary Scott Bessent faces mounting criticism over his handling of economic policy, including debt management and efforts to isolate Iran financially amid broader geopolitical tensions.
VW workers boo boss as he urges them to ‘pull together’ amid job cuts
Volkswagen’s CEO faces worker protests as he presents restructuring plans potentially involving major job losses and factory closures, urging employees to unite despite widespread opposition.
Burnham mulls insolvency law shake-up to help bring utilities under public control
Prime Minister Andy Burnham is exploring changes to insolvency laws to facilitate public control of struggling utilities like Thames Water, though the plan faces potential legal challenges from creditors.
Trump hails ‘historic’ deal for US to control 65bn barrels of Venezuela’s oil
The US has secured control of over 65 billion barrels of Venezuela’s oil reserves under a new agreement, with President Trump stating the deal will double American oil reserves and lower gas prices.