Amazon is going to make movies
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Tag: mercantile
China misses official growth target for 2014
China continues to face a number of long-standing risks, such as ballooning government and corporate debt and a weak property sector. In the face of a sustained downturn, the government…
Firearms maker calls for Liam Neeson movie boycott after gun control rant
PARA said the comments made by the Irish-born actor “reflect a cultural and factual ignorance that undermines support of the Second Amendment and American liberties.” The company has called on…
This is America’s SUV-buying tipping point
So will cheap gas doom fuel efficient car sales? Only time will tell. To be sure, gas prices are not the only determining factor for shoppers. It also helps that…
Big job cuts coming at DreamWorks Animation
“Unfortunately, everyone in the industry sees the predicament DreamWorks is in, making it impossible to sell the company anywhere near current levels,” Greenfield said. “Cutting costs is the only near-term…
Winners and losers in oil’s plunge
Related: Cheap oil is killing my job Oxford also expects some other major oil producers, such as the United Kingdom and Canada, to come out ahead on lower oil prices….
Patriots win hurts Super Bowl ticket prices
The cheapest ticket sold on Sunday cost about $1,600. Related: Super luxury Super Bowl rentals – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc….
Social network founder charged with murder
“Corey and his wife would go to a baseball game with the kids, and [Nguyen] would blow up,” Knutson said. “He would try to prevent them from taking the kids…
Obama’s myRA retirement accounts are now a reality
But any workers may invest in the accounts, including those who would like to supplement an existing 401(k) plan, as long as their household income falls below $191,000 a year…
Rough seas: Stock market volatility is here to stay
Related: Falling oil’s next victim: banks Fed, earnings loom: Investors also remain antsy about when the Federal Reserve will attempt to slowly hike rates after years of keeping them incredibly…
Plunging oil prices won’t solve China’s economic problems
“Given no evidence of a sharp and sustained improvement in demand growth on the horizon, the boost from lower oil prices will be washed out by the many persistent and…
Charlie Hebdo editor says Mohammed cartoons ‘defend the freedom of religion’
Furthermore, Biard said “we must stop declaring that those who write and draw are ‘provocateurs,’ and are throwing gas on the fire. We must not place thinkers and artists in…
Uber makes nice with Europe: We can add 50,000 jobs
Related: Taxi drivers strike in China over steep fees … and Uber – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors….
Giant GM bus from the ’50s sells for $5 million
The driver’s seat was 10 feet off the ground. Parade organizers had to carefully plan routes to avoid low bridges or other obstacles. Eight tires held its 30,000 pound weight….
‘American Sniper’ breaks January box office records
It is the largest box office debut for an Eastwood-directed film, easily lapping his “Gran Torino,” which opened to sales of $29.4 million in 2009. As for Cooper, “Sniper” is…
Thursday Night Football returning to CBS for 2015 season
The NFL has become increasingly important to broadcasters like CBS; football matchups are some of the most reliable sources of big, live ratings. – Chicago Mercantile Association: Certain market data…
Swiss shock crushes US currency broker
FXCM said it is “actively discussing alternatives” to restore its capital levels, but didn’t give any specifics about those talks. Investment bank Jefferies Group is in conversations with FXCM over…
December consumer prices fall most in 6 years
“It’s the one part … that is not trending in the direction that (the Fed) wants to see,” says Sam Bullard, senior economist at Wells Fargo Securities. Taking out the…
Venezuela lacks a lot more than McDonald’s French fries
“It’s an adventure to buy milk, sugar, flour, oil, meat,” says Rodriguez, listing many other items. “The life of Venezuelans has changed a lot. It is sad to see.” Related:…
Fox News’s future: $1.50 per subscriber per month
He also speculated that the $1.50 figure includes both Fox News and its much smaller sibling Fox Business. “They are getting more aggressive with that channel,” he said. The new…
Davos: What you need to know
It’s safe: The organizers don’t release specific information, but it is estimated that around 5,000 Swiss troops, police and security personnel guard the town. It’s pricey: The ticket is around…
Gaza’s only accelerator gets support from Silicon Valley
There are 1.8 million Palestinians living in Gaza, a strip of land bordered by Israel, the Mediterranean Sea and Egypt. Since 2007, it has been governed by militant organization Hamas,…
Self-service beer taps coming your way
He invested $20,000 of his own funds and partnered with a U.S. manufacturer to make beer tables with two to four self-service taps. In February 2009, Goodman landed his first…
Google, Apple and other tech giants settle antipoaching case for $415 million
The settlement said that the tech workers entitled to a share of the settlement will get just under $6,500 each under the deal, which is only a small fraction of…
Wet Seal sinks into Chapter 11 bankruptcy
In addition to a $20 million loan from B. Riley Financial, Wet Seal has about $31 million of cash on its balance sheet to fund its business. – Chicago Mercantile…
Goldman Sachs posts strong profit, but stock still falls
Rivals JPMorgan Chase (JPM), Bank of America (BAC) and Citigroup (C) all reported earnings this week that were viewed as duds by investors. The main source of weakness was a…
Falling oil’s next victim: banks
“If you’re a small bank in Texas or North Dakota, the risk goes well beyond drilling for oil or gas. You funded the mobile homes that workers live in, the…
EU slams Luxembourg for helping Amazon with taxes
Amazon has a hub in Luxemburgmeaning that everything it sells across the European Union is sold from there. Yes, it does have hundreds of warehouses and logistic centers across Europe,…
New exec taking over NBC’s ‘Today’
Related: Ann Curry exiting NBC news What’s next? With Horowitz — an outsider — in charge of the morning show, there were rampant rumors about shakeups to the cast. Objections…
Opinion: EU must end austerity and restructure debt
The current strategy is clearly not working. The lower and middle classes are carrying the burden. We’ve regained competitiveness only by depressing domestic demand and increasing unemployment. Austerity has exacerbated…