IMAX Is Exploring a Sale
The high-end movie screen company's search for a buyer comes as premium theatrical experiences are growing faster than the overall box office.
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Estee Lauder Ends Acquisition Talks With Spain's Puig
The decision ends months of speculation that the two would merge and create one of the world's largest beauty companies.
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SpaceX Postpones Launch of Newly Redesigned Starship
The company estimates it has spent $15 billion developing its next-generation rocket.
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Take-Two Still Expects November GTA VI Launch. Guidance Misses.
The videogame maker said it expects fiscal 2027 net bookings to be between $8 billion to $8.2 billion, below Wall Street estimates of $9.13 billion.
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Deckers Fourth-Quarter Sales Climb on Continued Hoka Demand, Helping Offset Uncertain Outlook
Hoka sales jumped 15% to $671.2 million, marking the brand's largest quarter ever, Chief Executive Stefano Caroti said.
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Social-Media Companies Settle Youth-Harm Case Ahead of Wave of Trials
The companies reached a settlement with a Kentucky school district to avoid a coming trial over accusations that they intentionally designed their platforms to addict young people.
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Oura Rings Maker Files Confidentially for IPO
Oura Inc., which was valued at about $11 billion as of October, makes rings that track metrics such as heart rate and skin temperature, and are intended to help improve sleep and reduce stress.
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Ross Stores Lifts Outlook as Sales Jump
The discount retailer said it now expects comparable sales-or those from stores and digital channels operating for at least 12 months-to grow 6% to 7% in the current fiscal year, up from a prior outlook of up 3% to 4%.
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Airbus, Air France Found Guilty in 2009 Plane Crash That Killed 228 People
The ruling marks a rare instance of companies' being found criminally liable for the crash of a jetliner.
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Exxon Blasts Proxy Advisers for Conflict of Interest in Fight Over Texas Move
The oil company claims Glass Lewis and ISS have little incentive to support proposals tied to Texas because of a continuing legal battle with state Attorney General Ken Paxton.
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Spotify Will Set Aside Concert Tickets for Artists' Superfans
The Swedish streaming company also announced a feature to let listeners remix music with AI.
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Eli Lilly's New GLP-1 Drug Looks Like a Weight-Loss Powerhouse in New Trial
Eli Lilly's investigational drug, retatrutide, delivered an average 80-week weight loss of 70 pounds at the highest dose.
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Walmart Sees Signs at Gas Pump That Consumers Are Stressed
The retailer said it would keep store prices steady as it predicts that rising fuel costs could draw more cash-strapped shoppers.
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U.S. to Award Quantum Computing Firms $2 Billion, Take Equity Stakes
IBM, set to receive $1 billion of the package, saw large stock gains along with other companies involved.
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Apartment Owners AvalonBay and Equity Residential Agree to Merge
AvalonBay and Equity Residential have agreed to a merger, creating a multifamily real-estate giant worth more than $50 billion.
(END) Dow Jones Newswires
May 21, 2026 21:00 ET (01:00 GMT)
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