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AMC Entertainment said Saudi Entertainment Ventures (SEVEN) will buy out its investment in movie theater venture, Saudi Cinema Company, for $30 million. AMC said the agreement calls for it to transition from a management and investment role in SCC to “a pure licensing relationship.” Current AMC Cinemas and future locations operated by SCC will retain
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WASHINGTON — NASA and Astrobotic have changed the landing site for the company’s first lunar lander mission shortly before its scheduled launch, moving the mission to a location of greater scientific interest. NASA announced Feb. 2 the Astrobotic’s Peregrine mission, flying payloads for the agency’s Commercial Lunar Payload Services (CLPS) program and other customers, will
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Apple CEO Tim Cook has said he is “very bullish on India” and described the country as a major focus and “hugely exciting market” where the technology giant is putting a “significant amount of energy” through investments, retail and online presence. Apple on Thursday reported revenue of $117.2 billion (roughly Rs. 9,61,775 crore) for the
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Tim Bieber | Photodisc | Getty Images Amid stock market gyrations, recession fears and loftier payouts, consumers last year pumped a record sum of money into annuities, a type of insurance that offers a guaranteed income stream. Buyers funneled $310.6 billion into annuities in 2022, according to estimates published by Limra, an insurance industry trade
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