business

IMAX

Imax CEO Rich Gelfond Open to Sale Despite Record Box Office Performance and High Stock Prices

Imax's stock has surged to an all-time high, driven by record box office sales and strong demand for premium cinema experiences, yet no major buyers have emerged despite the company's openness to a sale. This situation highlights the complexities of potential acquisitions in the media landscape, particularly regarding conflicts of interest among major studios.

Labor Department Proposes Expansion of Association Health Plans to Lower Insurance Costs for Workers

08/28/2026, 04:37 AM business announcement
The U.S. Labor Department is set to propose a rule that could expand access to health insurance through association health plans (AHPs), potentially lowering costs for millions of self-employed workers and small businesses. This change comes amid rising insurance costs and could have significant implications for the health insurance market as well as the political landscape ahead of the midterm elections.