Business
'Lilo & Stitch' and Tom Cruise’s ‘Mission: Impossible' power record Memorial Day weekend box office
A chaotic blue alien and the high-flying escapades of Tom Cruise propelled the Memorial Day weekend box office to record heights, giving relief to theater owners still struggling from a post-pandemic malaise among moviegoers.
Walt Disney Co.’s live-action film “Lilo & Stitch” hauled in $183 million in its opening weekend in the U.S. and Canada, according to studio estimates, placing it in first place. It’s the biggest Memorial Day weekend opener ever, not adjusting for inflation, topping “Top Gun: Maverick,” which debuted with $160.5 million in 2022.
Paramount Pictures and Skydance Media’s “Mission: Impossible — The Final Reckoning” brought in $77 million domestically for second place. “Final Destination Bloodlines,” “Thunderbolts*” and “Sinners” rounded out the top five this weekend.
The two new studio blockbusters were big overseas, too. Globally, “Lilo & Stitch” collected $341.7 million including domestic ticket sales. The worldwide tally for “Mission: Impossible,” the eighth in the series, was $190 million.
“This is just an extraordinary accomplishment after so many people were willing to write off the theatrical business,” said Chris Aronson, Paramount’s president of domestic distribution. “The box office works when there’s something for everybody in the marketplace — and that’s what you’ve seen over this holiday weekend.”
Total box office revenue is projected to reach $325 million in the U.S. and Canada from Friday through Monday, making it the biggest Memorial Day weekend ever, according to noninflation-adjusted estimates from Comscore. The previous biggest weekend came in 2013, which brought in $314 million thanks to movies including “Fast & Furious 6” and “The Hangover Part III.”
Aria Clark fills up her Lilo and Stitch cup with slushy before going into the movie with her mom, Lexi, and brother Leo at AMC Century City.
Historically, the holiday has been one of the biggest moviegoing weekends of the year, serving as a springboard for the busy summer months. But since the 2020 pandemic and the dual writers’ and actors’ strikes in 2023, it has become a less reliable indicator of the theatrical business.
“The calendar thinned out a little bit, particularly post-pandemic,” said Eric Handler, media and entertainment analyst at Roth Capital. “You just didn’t have the depth that you used to have. But it’s good to see that there’s two big event movies this year.”
“Lilo & Stitch” and “Mission: Impossible” also largely catered to different audiences, lowering the risk that audiences would pick and choose between similar films. Box office grosses have typically done better with more genres in theaters.
The reported budget for “Lilo & Stitch” was $100 million, while “Mission: Impossible” reportedly cost $300 million to $400 million to produce, placing it among the most expensive movies ever.
Movie goers attend showings of “Lilo & Stitch” at AMC Century City.
Film-goers, including younger viewers, lined up to see Cruise perform his own stunts in what’s purported to be the final film of the action franchise.
The film set a record for a “Mission: Impossible” opening weekend. It earned $31 million on Imax screens, which contributed 14.2% of the global weekend total, according to Comscore.
“Having this be the biggest opener of the franchise is no small feat, and it speaks volumes to the spectacle that Tom Cruise and [director] Christopher McQuarrie put on the screen,” Aronson said. “This is a theatrical film and there’s no better way to see it than in a theater.”
The strong showing on Memorial Day weekend adds to a solid spring at the box office. Powered by films including Warner Bros. Pictures’ “A Minecraft Movie” and Ryan Coogler’s “Sinners,” domestic theatrical revenue for April totaled $875 million, close to the pre-pandemic average of $886 million for the same month from 2015-19, Handler said.
Then in May came Disney and Marvel Studios’ “Thunderbolts*” and Warner Bros. Pictures’ “Final Destination Bloodlines,” which have kept up steady business at theaters.
“This spring has been so good for the box office, it usually means the summer is going to be strong,” said Kimberly Owczarski, associate professor in the department of film, television and digital media at Texas Christian University. “Last year, we didn’t have those big tentpoles in April and early May that usually start the season. Because we’ve had that, people are in the moviegoing mood.”
Last year, the holiday weekend grossed just $132 million, making it the worst Memorial Day weekend box office in nearly 30 years. Films like “Furiosa: A Mad Max Saga” and “The Garfield Movie” brought in about $30 million each that weekend, a distinct difference from the mega-hauls that blockbusters traditionally gross during Memorial Day weekend.
KK McDermott attends a showing of “Mission: Impossible” at AMC Century City.
The slow start last year to the all-important summer movie season made distributors and exhibitors anxious. It wasn’t until Disney-Pixar’s “Inside Out 2” debuted in mid-June that the box office started to turn around.
This year, however, a seemingly strong lineup of familiar blockbusters for most of the summer has given industry insiders optimism.
Sony Pictures’ “Karate Kid: Legends” comes out at the end of the month, followed by Lionsgate’s “John Wick” spin-off “Ballerina” in early June. Other anticipated releases include Universal Pictures’ live action “How to Train Your Dragon” and “Jurassic World Rebirth,” Disney-Pixar’s original animated film “Elio,” Warner Bros.’ “Superman” and Disney and Marvel Studios’ “The Fantastic Four: First Steps.”
That’s boosted hopes for a stronger overall theatrical business this year.
Analysts say the 2025 domestic box office could gross an estimated $9.2 billion to $9.5 billion, which would be an improvement on last year’s $8.7 billion. More importantly, it’s higher than the 2023 box office total of $9 billion, which would indicate continued growth and a “true recovery,” Handler said.
However, those numbers still pale in comparison with pre-pandemic box office totals, including $11.4 billion in 2019 and $11.9 billion in 2018.
Moviegoers head to showings of “Lilo & Stitch,” one of this Memorial Day weekend’s biggest films at AMC Century City.
Even before the pandemic, theaters were starting to see declines in attendance, a trend that accelerated during COVID-19 when people got used to staying at home and watching movies on streaming platforms. As the pandemic and the strikes decreased the number of movies in theaters, and the length of time between a movie’s theatrical debut and its availability for home viewing shortened, theaters lost more of the crucial business of the casual moviegoer.
“When the content is good, people show up,” Handler said. “The content cycle is favorable right now, and hopefully we’ll see that continue through the next two years.”
Staff writer Meg James contributed to this report.
Business
A new delivery bot is coming to L.A., built stronger to survive in these streets
The rolling robots that deliver groceries and hot meals across Los Angeles are getting an upgrade.
Coco Robotics, a UCLA-born startup that’s deployed more than 1,000 bots across the country, unveiled its next-generation machines on Thursday.
The new robots are bigger, tougher and better equipped for autonomy than their predecessors. The company will use them to expand into new markets and increase its presence in Los Angeles, where it makes deliveries through a partnership with DoorDash.
Dubbed Coco 2, the next-gen bots have upgraded cameras and front-facing lidar, a laser-based sensor used in self-driving cars. They will use hardware built by Nvidia, the Santa Clara-based artificial intelligence chip giant.
Coco co-founder and chief executive Zach Rash said Coco 2 will be able to make deliveries even in conditions unsafe for human drivers. The robot is fully submersible in case of flooding and is compatible with special snow tires.
Zach Rash, co-founder and CEO of Coco, opens the top of the new Coco 2 (Next-Gen) at the Coco Robotics headquarters in Venice.
(Kayla Bartkowski/Los Angeles Times)
Early this month, a cute Coco was recorded struggling through flooded roads in L.A.
“She’s doing her best!” said the person recording the video. “She is doing her best, you guys.”
Instagram followers cheered the bot on, with one posting, “Go coco, go,” and others calling for someone to help the robot.
“We want it to have a lot more reliability in the most extreme conditions where it’s either unsafe or uncomfortable for human drivers to be on the road,” Rash said. “Those are the exact times where everyone wants to order.”
The company will ramp up mass production of Coco 2 this summer, Rash said, aiming to produce 1,000 bots each month.
The design is sleek and simple, with a pink-and-white ombré paint job, the company’s name printed in lowercase, and a keypad for loading and unloading the cargo area. The robots have four wheels and a bigger internal compartment for carrying food and goods .
Many of the bots will be used for expansion into new markets across Europe and Asia, but they will also hit the streets in Los Angeles and operate alongside the older Coco bots.
Coco has about 300 bots in Los Angeles already, serving customers from Santa Monica and Venice to Westwood, Mid-City, West Hollywood, Hollywood, Echo Park, Silver Lake, downtown, Koreatown and the USC area.
The new Coco 2 (Next-Gen) drives along the sidewalk at the Coco Robotics headquarters in Venice.
(Kayla Bartkowski/Los Angeles Times)
The company is in discussion with officials in Culver City, Long Beach and Pasadena about bringing autonomous delivery to those communities.
There’s also been demand for the bots in Studio City, Burbank and the San Fernando Valley, according to Rash.
“A lot of the markets that we go into have been telling us they can’t hire enough people to do the deliveries and to continue to grow at the pace that customers want,” Rash said. “There’s quite a lot of area in Los Angeles that we can still cover.”
The bots already operate in Chicago, Miami and Helsinki, Finland. Last month, they arrived in Jersey City, N.J.
Late last year, Coco announced a partnership with DashMart, DoorDash’s delivery-only online store. The partnership allows Coco bots to deliver fresh groceries, electronics and household essentials as well as hot prepared meals.
With the release of Coco 2, the company is eyeing faster deliveries using bike lanes and road shoulders as opposed to just sidewalks, in cities where it’s safe to do so. Coco 2 can adapt more quickly to new environments and physical obstacles, the company said.
Zach Rash, co-founder and CEO of Coco.
(Kayla Bartkowski/Los Angeles Times)
Coco 2 is designed to operate autonomously, but there will still be human oversight in case the robot runs into trouble, Rash said. Damaged sidewalks or unexpected construction can stop a bot in its tracks.
The need for human supervision has created a new field of jobs for Angelenos.
Though there have been reports of pedestrians bullying the robots by knocking them over or blocking their path, Rash said the community response has been overall positive. The bots are meant to inspire affection.
“One of the design principles on the color and the name and a lot of the branding was to feel warm and friendly to people,” Rash said.
Coco plans to add thousands of bots to its fleet this year. The delivery service got its start as a dorm room project in 2020, when Rash was a student at UCLA. He co-founded the company with fellow student Brad Squicciarini.
The Santa Monica-based company has completed more than 500,000 zero-emission deliveries and its bots have collectively traveled around 1 million miles.
Coco chooses neighborhoods to deploy its bots based on density, prioritizing areas with restaurants clustered together and short delivery distances as well as places where parking is difficult.
The robots can relieve congestion by taking cars and motorbikes off the roads. Rash said there is so much demand for delivery services that the company’s bots are not taking jobs from human drivers.
Instead, Coco can fill gaps in the delivery market while saving merchants money and improving the safety of city streets.
“This vehicle is inherently a lot safer for communities than a car,” Rash said. “We believe our vehicles can operate the highest quality of service and we can do it at the lowest price point.”
Business
Trump orders federal agencies to stop using Anthropic’s AI after clash with Pentagon
President Trump on Friday directed federal agencies to stop using technology from San Francisco artificial intelligence company Anthropic, escalating a high-profile clash between the AI startup and the Pentagon over safety.
In a Friday post on the social media site Truth Social, Trump described the company as “radical left” and “woke.”
“We don’t need it, we don’t want it, and will not do business with them again!” Trump said.
The president’s harsh words mark a major escalation in the ongoing battle between some in the Trump administration and several technology companies over the use of artificial intelligence in defense tech.
Anthropic has been sparring with the Pentagon, which had threatened to end its $200-million contract with the company on Friday if it didn’t loosen restrictions on its AI model so it could be used for more military purposes. Anthropic had been asking for more guarantees that its tech wouldn’t be used for surveillance of Americans or autonomous weapons.
The tussle could hobble Anthropic’s business with the government. The Trump administration said the company was added to a sweeping national security blacklist, ordering federal agencies to immediately discontinue use of its products and barring any government contractors from maintaining ties with it.
Defense Secretary Pete Hegseth, who met with Anthropic’s Chief Executive Dario Amodei this week, criticized the tech company after Trump’s Truth Social post.
“Anthropic delivered a master class in arrogance and betrayal as well as a textbook case of how not to do business with the United States Government or the Pentagon,” he wrote Friday on social media site X.
Anthropic didn’t immediately respond to a request for comment.
Anthropic announced a two-year agreement with the Department of Defense in July to “prototype frontier AI capabilities that advance U.S. national security.”
The company has an AI chatbot called Claude, but it also built a custom AI system for U.S. national security customers.
On Thursday, Amodei signaled the company wouldn’t cave to the Department of Defense’s demands to loosen safety restrictions on its AI models.
The government has emphasized in negotiations that it wants to use Anthropic’s technology only for legal purposes, and the safeguards Anthropic wants are already covered by the law.
Still, Amodei was worried about Washington’s commitment.
“We have never raised objections to particular military operations nor attempted to limit use of our technology in an ad hoc manner,” he said in a blog post. “However, in a narrow set of cases, we believe AI can undermine, rather than defend, democratic values.”
Tech workers have backed Anthropic’s stance.
Unions and worker groups representing 700,000 employees at Amazon, Google and Microsoft said this week in a joint statement that they’re urging their employers to reject these demands as well if they have additional contracts with the Pentagon.
“Our employers are already complicit in providing their technologies to power mass atrocities and war crimes; capitulating to the Pentagon’s intimidation will only further implicate our labor in violence and repression,” the statement said.
Anthropic’s standoff with the U.S. government could benefit its competitors, such as Elon Musk’s xAI or OpenAI.
Sam Altman, chief executive of OpenAI, the company behind ChatGPT and one of Anthropic’s biggest competitors, told CNBC in an interview that he trusts Anthropic.
“I think they really do care about safety, and I’ve been happy that they’ve been supporting our war fighters,” he said. “I’m not sure where this is going to go.”
Anthropic has distinguished itself from its rivals by touting its concern about AI safety.
The company, valued at roughly $380 billion, is legally required to balance making money with advancing the company’s public benefit of “responsible development and maintenance of advanced AI for the long-term benefit of humanity.”
Developers, businesses, government agencies and other organizations use Anthropic’s tools. Its chatbot can generate code, write text and perform other tasks. Anthropic also offers an AI assistant for consumers and makes money from paid subscriptions as well as contracts. Unlike OpenAI, which is testing ads in ChatGPT, Anthropic has pledged not to show ads in its chatbot Claude.
The company has roughly 2,000 employees and has revenue equivalent to about $14 billion a year.
Business
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