Business

Like most horror movies Get Out came in on a shoe string budget, meaning it's already a huge financial success against its $4.5 million production cost. For those who are unaware, Jordan Peele is the highly acclaimed comedy actor from the hit TV show, Key & Peele, as reported by Deadline . While it may not have been all LEGO Batman charm but the movies did not sit well with the movie going audience at all.
  • Lockheed F-35 jet cost could drop 16 percent: Pentagon official

    Business

    Muilenburg, whose company makes a fighter jet Trump has suggested might be an alternative to the F-35, was in the president-elect's NY office for a meeting during the second call. Speaking Friday at the rollout of another Boeing plane, the first 787-10 Dreamliner, Trump praised the "beautiful" carbon-composite jet. Trump speaks at Boeing's SC factory.
  • Melania Trump is reportedly 'miserable' being first lady

    Business

    Melania's first act as First Lady was to leave her husband in Washington DC and return to the family home in NY so ten-year-old son Barron could complete his school year. "Melania has the Secret Service take Barron to school and retrieve him". She attended the January 20 inauguration-looking noticeably glum when her husband wasn't watching but the cameras were-and accompanied the Japanese prime minister Shinzo Abe and his wife Akie for a weekend to the Trumps' winter home in ...
  • Weak Earnings Drag Sensex, Nifty Lower For Second Day

    Business

    The broader NSE Nifty fell 0.77 percent to 8,274.70, after falling as much as 0.90 percent earlier in the session. Hong Kong's Hang Seng rose 0.58% and Japan's Nikkei gained 0.41% following another record close in the US markets on Friday as investors cheered US President Donald Trump's promise of details on tax reform and his softer tone on China and Japan.
  • Inflation eases to 5-year low of 3.17% in January

    Business

    Annual rate of inflation was 3.39 per cent for December 2016 and minus 1.07 per cent in January 2016. The Labor Department said Wednesday consumer prices rose 0.6 percent last month, the most since February 2013, and twice what economists were expecting.
  • NFL Warns Seahawks About Injury Reports

    NFL Warns Seahawks About Injury Reports

    Business

    According to Garafolo , the National Football League will issue no additional punishment to the Seahawks, but the infraction will factor into any future violations. But we can assume other teams will now think twice about keeping players' names off the injury report. "I'm feeling like I screwed that up with not telling you that", Carroll told reporters.
  • Sensex Ends Flat For Third Day; IT Stocks Outperform

    Sensex Ends Flat For Third Day; IT Stocks Outperform

    Business

    After two sessions of losses, the benchmark Sensex recovered nearly 173 points and the NSE Nifty retook the 8,800-mark in early trade today on fresh spell of buying by participants. IT, Bankex and Capital Goods remained positive, while Auto, Healthcare, FMCG, Metals declined 104 points, 134 points, 55 points, 27 points, respectively.
  • United States solar industry clamors for workers as jobs climb by 25 percent

    United States solar industry clamors for workers as jobs climb by 25 percent

    Business

    The annual report, authored by The Solar Foundation , demonstrates the best news yet for the industry since the first National Solar Job Census was released in 2010. And the group says solar is showing no signs of slowing down. The solar industry now ranks second in total employment among energy industries, employing slightly more than natural gas and over twice as much as coal .
  • Disney Q1 results: Park attendance down, revenue up

    Business

    Wat. Disney shares are down 1.9% in initial post market trading after the report . Currently, the stock has a 1 Year Price Target of $114.39. Late past year, the company revealed it would open in "summer 2017", but the Disney Parks Blog confirmed the exact date today.
  • Oil pipeline opponents call for protests in

    Oil pipeline opponents call for protests in "last stand"

    Business

    However, when President Trump took office, he signed a memorandum aimed at advancing the Dakota Access pipeline through a presidential memorandum , along with one directed at the Keystone XL pipeline. "Today's action sends a strong positive signal to those individuals and companies seeking to invest in the US and will help strengthen our economy and create jobs", Stevens said.
  • Police plan statewide crackdown on DWI for Super Bowl

    Police plan statewide crackdown on DWI for Super Bowl

    Business

    Troopers will strictly enforce moving violations and be looking for what they call the "Fatal Four", which includes DUI, speeding, distracted driving and seat belt compliance, said Priscilla Tobias, of the Illinois Department of Transportation's Director of Program Development.
  • UK January PMI Services PMI Index Slows To 54.5, Inflation Pressures Continue

    UK January PMI Services PMI Index Slows To 54.5, Inflation Pressures Continue

    Business

    Faster consumer-price growth is being fueled in part by the weaker pound and higher energy costs. The index has been above the 50 mark dividing growth from contraction since mid-2013. Markit say that the Jan numbers still show positive signs and could put the United Kingdom on course for 0.5% growth in Q1. However, the rate of job creation slowed to a five-month low.
  • 'India's GDP growth likely to dip to 6.5%; needs tax cuts'

    'India's GDP growth likely to dip to 6.5%; needs tax cuts'

    Business

    Changing tack from previous year, the Economic Survey released on Tuesday took a conservative stance on the government's finances, saying that India's economic experience shows the validity of the existing fiscal responsibility framework. In a year which has witnessed radical policies like the implementation of the Goods and Service Tax and demonetisation , and global turbulence in the wake of Brexit and Donald Trump's election, the Economic Survey paints a stable outlook for the Indian ...
  • H&M's expansion plan calls for new stores and added emphasis on digital

    Business

    For fashion retail in general, 2016 was at the same time a challenging year in which various external factors - including geopolitical events - had a negative impact on retail trade in many markets. The Swedish group also saw high growth rates in Asia and Australia. Sales in the first 29 days of this month rose 11 percent at constant currency rates, up from six per cent in December.
  • The most valuable brands revealed

    Business

    Amazon's brand value, at $US106.4 billion, has it nipping at the heels of Apple at $US107.1 billion. Brand Finance CEO, David Haigh, said Apple has struggled to maintain its technological advantage. Brand Finance's Australia 100 list saw Telstra retain the ranking of the most valuable brand in the country, with Optus the next telco on the list in ninth place.
  • New H-1B legislation in US tumbles Indian IT stocks

    Business

    This step will be a set back for many Indian IT firms primarily- Infosys, TCS (Tata Consultancy Services) and Wipro. With a fall of 3%, the S&P BSE Information Technology index was the biggest loser among BSE's sectoral indices. Shares of top Indian IT companies sank January 31 in response to news of the re-formatting of the H-1B program. The visas, which are now allocated by a lottery system, are hugely oversubscribed - demand for them in 2016 was three times more than the number available.
  • Guinness owners to launch new Irish whiskey

    Business

    According to the Irish Whiskey Association, the lesser-known cousin in the whiskey family has become the fastest growing spirit drink in the world. Diageo hopes to receive approvals and begin construction this spring with the goal of opening the brewery in fall 2017 to mark the 200th anniversary of Guinness first being imported into the U.S.
  • Honda And GM Team Up To Produce Hydrogen Fuel Cells

    Business

    The automakers expect to begin production in 2020 at a GM battery-pack facility south of Detroit , creating about 100 new jobs. The GM-Honda JV, which bolsters a almost 4-year-old fuel-cell R&D partnership between the two automakers, is called Fuel Cell System Manufacturing LLC.
  • Dubai worldwide airport posts 83.6 mln passengers in 2016

    Dubai worldwide airport posts 83.6 mln passengers in 2016

    Business

    More than 4.4 million guest arrivals were recorded in Abu Dhabi over the course of a year ago, which is an 8% growth over 2015. Griffiths said Tuesday that Dubai remains home to the world's busiest worldwide airport after seeing 83.6 million passengers in 2016.
  • Judge blocks Aetna-Humana merger

    Business

    All three analysts noted that separately Humana and Aetna were strong investments and rated the stocks as either outperform or overweight. As Bates wrote , " Aetna tried to leverage its participation in the exchange for favorable treatment".
  • Heineken in talks with Kirin to buy its Brazilian beer business

    Heineken in talks with Kirin to buy its Brazilian beer business

    Business

    Brasil Kirin operates 12 breweries and was created in 2011 after Kirin paid 6.3 billion reais ($1.97 billion) for Brazil's Schincariol brand. It produces beers under brands including Schin, Baden Baden, Cerveja Cintra and Devassa. Japan's Nikkei business daily reported that Heineken would pay around 100 billion yen ($872 million) for the business. Heineken struck a 403 million pound ($497 million) deal last month to buy and break up British pub group Punch Taverns (PUB.L).
  • United Kingdom retail sales fall sharply in December

    United Kingdom retail sales fall sharply in December

    Business

    Data from ecommerce consultancy Salmon's Peak Trading Operations Centre shows the Black Friday period (22nd - 28th November) was significantly busier than peak trading at Christmas (21st - 27th December), with 28% more orders taken than during the festive period (see graph below).
  • What You Need to Know From Ryan Zinke's Interior Secretary Hearing

    Business

    Man is an influence. There is, however, still debate over "what that influence is [and] what we can do about it", Zinke said. Bernard Sanders , Vermont independent and a failed 2016 presidential candidate, who hammered Mr. Zinke's position on public lands came under fire after he voted in favor of a measure from House Republicans that would allow federal land transfers to be considered cost-free and budget-neutral, making it easier for drilling and development.
  • How the Fall in the US Dollar Helped Precious Metals

    How the Fall in the US Dollar Helped Precious Metals

    Business

    The Dow Jones Industrial Average declined 59 points, or 0.3%, to 19827. The Nasdaq Composite index finished down 35.39 points, or 0.6%, at 5,538.73. Gold for delivery in February, the most active contract on the Comex market in NY, hit a high of $1,208.70 in early dealings, up 1% from Friday's close before giving up some of those gains.
  • British American Tobacco to buy Reynolds American for $48B

    Business

    Although BAT will face increased litigation risk as a result of the acquisition of Reynolds, which faces ongoing litigation in the US, Moody's said the risk has moderated with large class-action lawsuits diminishing and therefore does not affect the credit rating.
  • Facebook looks ready to test showing ads in the middle of videos

    Facebook looks ready to test showing ads in the middle of videos

    Business

    Monetizing videos on Facebook successfully will then rely a lot more on making longer videos, rather than focusing on putting as much into as short a span as possible in order to reach fickle, fast-scrolling Facebook news feed users. Viewers will obviously have to sit through an ad, but they'll get to enjoy better content as a result. According to tech blog, Recode , publishers will receive 55 per cent of revenue generated by the mid-roll ads.
  • Oil futures decline on record Iraqi exports, rising USA rig count

    Business

    Reports suggest that Iran has managed to sell almost half of oil that it had long held on tankers at sea as it capitalizes on OPEC oil cut to sell millions of barrels, courting new customers around the globe. crude demand and revisions to Russian and Chinese crude data. Surprisingly, despite the jump in exports, Iraq's oil ministry said on Tuesday it has cut oil production by 160,000 bpd since the beginning of January in line with the OPEC decision.
  • Snapchat Just Got Sued at a Very Unfortunate Time

    Snapchat Just Got Sued at a Very Unfortunate Time

    Business

    Pompliano's lawsuit claims that Snapchat's motivations for hiring him away from Facebook were twofold: Snapchat would acquire his skill set and eventually build a 40-person growth team around him, and it would also mean that the company's biggest competitor, Facebook, would lose crucial talent.
  • Train derailment injures more than 100 in Brooklyn

    Train derailment injures more than 100 in Brooklyn

    Business

    The wounded suffered minor injuries and were all being treated at a makeshift triage center by emergency responders at the scene, authorities said. March 2004: In what an LIRR spokesman called a " freak accident ", a runaway train became unhinged from the train cars it was attached to and rolled down the track, plowing into cars and seriously injuring four people.
  • Southwest to Launch Direct Nonstop From Boise to San Diego

    Southwest to Launch Direct Nonstop From Boise to San Diego

    Business

    In addition, Southwest has applied to begin serving Grand Cayman this summer as it begins operating out of a new worldwide concourse at Fort Lauderdale-Hollywood global Airport. The new flight is the second nonstop from Indy to southern California. That flight will also begin June 4. In Florida, Southwest plans to add daily service between Fort Lauderdale and Orlando, Washington, D.C.
  • Man in Japan spends $632000 on tuna

    Man in Japan spends $632000 on tuna

    Business

    One tuna, in particular, weighing it at just over 467 pounds, brought it more than $642,000 during the first auction of the year. The $912,000 bid for the bluefin tuna was the second-highest ever. "We've been in turmoil as the timing of the relocation has not been fixed yet", an official of a fish wholesaler said, addressing participants of the auction.
  • NY governor unveils plan for free college tuition

    NY governor unveils plan for free college tuition

    Business

    Cuomo made the announcement Tuesday at LaGuardia Community College in the New York City borough of Queens, where he appeared with Sen. Sanders was a strong advocate of tuition free college and spoke fervently about the right of education on the campaign trail.
  • Thousands of unemployed to get $587 monthly income in Europe first

    Thousands of unemployed to get $587 monthly income in Europe first

    Business

    The first and most obvious is that they're expensive. Professor Olli Kangas from Kela says that there are many incentive traps in the present system that are caused by a number of income-tested benefits paid on top of each other. The reason behind continuing the basic income even after the citizens acquire a job is that they don't have the fear of missing out on something. But there are other factors that create a lot of uncertainty, like whether or not free money will impact a society's ...
  • Brother of JonBenet to sue over murder series

    Brother of JonBenet to sue over murder series

    Business

    Generally speaking, the suit claims that the show, produced for CBS by independent studio Critical Content, blames then 9-year-old Burke Ramsey for killing his sister in the basement of their Boulder, Colo. The now 29-year-old has come good with his threat and is seeking $1 billion (US$750 million) in damages. According to NBC News , a prosecutor cleared Ramsey and his parents of the murder based on DNA evidence in 2008.
  • Dylann Roof won't submit evidence in sentencing

    Dylann Roof won't submit evidence in sentencing

    Business

    But before then, he'll attend a pretrial conference at 10 a.m., at the Charleston federal courthouse. Gergel scheduled the Wednesday hearing for prosecutors and defendants to present motions before the penalty phase in Roof's trial starts next week.
  • Iran renews it air carrier fleet at bargain prices

    Iran renews it air carrier fleet at bargain prices

    Business

    It is the first major agreement between a USA company and Iran since last year's landmark nuclear accord that removed crippling economic sanctions on Tehran. According to IRNA , Deputy Transport Minister Asghar Fakrieh-Kashan said Sunday that Iran will pay only half of the announced price for the new passenger planes.
  • VW in Canada class action settlement

    Business

    Furthermore Volkswagen, government agencies and plaintiffs' lawyers are still working to put the 3-liter deal on paper. A federal judge says Volkswagen, U.S. The settlement does not resolve the Competition Bureau's ongoing inquiry into VW vehicles equipped with 3.0 liter diesel engines. FILE - In this July 19, 2016, file photo, New York Attorney General Eric Schneiderman announces a lawsuit against Volkswagen in New York.