Consumers have been on a spending spree, but economists are beginning to question the long-term viability of this trend. The most recent data on personal consumption expenditures has raised concerns among some experts, who view the current situation as "unsustainable." The primary cause for alarm is the decline in the share of disposable income that people are able to … [Read more...] about The Challenge of Sustaining Consumer Spending
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AMC Entertainment Settles Shareholder Dispute
AMC Entertainment, the movie-theater chain, has reached a settlement with certain shareholders that will allow it to proceed with its plan to issue more common shares. The company seeks to convert its preferred equity units, known as Apes, into common shares and implement a 10-for-1 reverse stock split. These measures are aimed at raising capital to address the company's debt. … [Read more...] about AMC Entertainment Settles Shareholder Dispute
