Hunger in America is hitting a breaking point. A new Federal Reserve report warns that 1 in 10 U.S. households (10%) are now forced to skip meals altogether or go without enough food. Thatβs more than double the rate from 2020. ππ #FoodInsecurity#EconomicReality
Saks Global said Friday that its new entity will be called Exemplar Luxury Group with an improved balance sheet, including a nearly 75% debt reduction and $500 million in extra financing.
AMC intends to use the net proceeds from the Offering to redeem all of its $125,500,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027, pay related fees, costs, premiums and expenses associated therewith and for general corporate purposes, which may include the repayment of other debt, the strengthening of AMC's cash reserves and investments to enhance the moviegoing experience at AMC's theatres. The Offering is expected to close on June 24, 2026, subject to customary closing conditions.
$AMC announced today that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 95,250,000 shares of $AMC common stock. The Offering is expected to result in gross proceeds of approximately $200 million, before deducting agent fees and offering expenses.
OpenAI and Getty Images $GETY announced a multi-year display agreement allowing ChatGPT to integrate Getty's licensed photo libraries directly into its search and discovery features. $GETY is up 104.10% today as a result.