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CNBC In Other News brings you stories that missed the spotlight.
Heated battles are unfolding in the courtroom between electric air taxi companies like Joby, Archer and Vertical, threatening to sidetrack certification aspirations and investor appetite. Shares of major air taxi makers have dropped this year as sentiment sours. eVTOL makers have long pushed back certification timelines, but the Trump administration's pilot program is providing the support to get them across the finish line.
The 2026 box office is projected to reach $10 billion for the first time since 2019, and Gen Z is fueling this moviegoing surge. Gen Z, those born between 1999 and 2012, are seeing more movies and spending more money than other generations. Although inflation remains high in May 2026, movies are still cheaper than many other forms of entertainment and are viewed as an affordable social outing for young audiences. Sarah Whitten has more on what's drawing them to theaters.
The Asian food category has become $37 billion market in the U.S. as consumers crave more Asian inspired snacks and meals. While American mainstream grocery stores used to only carry a limited selection of "ethnic foods," chains like Whole Foods, Trader Joe’s and Aldi are now selling Asian products in every category like sauces, meats, packaged foods, frozen meals and spices and have been adding more items. These products appear across the store, rather than just in the ‘global foods’ section. CNBC’s Laya Neelakandan expl
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