Finance

MoviePass to raise prices, limit access to blockbuster films

But it has been a slippery slope. And then some discovered that their theater wasn't even supported at all anymore. The reason for the change? Shares of AMC Entertainment Holdings (AMC.N), the biggest US movie theater chain which offers a rival ticket service, jumped 7.5 percent in midday trading. [Full Article...]

IPhones and Apple services fueled the company's biggest Q3 ever

IPhones and Apple services fueled the company's biggest Q3 ever Apple's stock is up 3.2% in after-hours trading. As a point of comparison, Apple during the same quarter a year-ago posted revenue of $45.4 billion and EPS of $1.67. IPad sales were also up slightly, to the tune of 11.55 million compared to 11.42 million during the same quarter previous year. That isn't great news for MacBook fans, but the mild revenue dip resulting from Mac sales was easily mad... [Full Article...]

MoviePass stops selling tickets to major releases

MoviePass lost $40 million in the month of May , and the company predicted losses would be even higher in June and July. These changes come just weeks after the company added surcharges for screenings during peak periods. If its stock goes under $1 a share, the big-data firm risks a delisting on the NASDAQ, ensuring major difficulties in raising future rounds of financing to keep MoviePass a... [Full Article...]

Caller Demands Second Referendum To Change His Vote To Remain

Caller Demands Second Referendum To Change His Vote To Remain Most British voters support a referendum on the final terms on any Brexit deal, according to a YouGov poll for United Kingdom newspaper The Times . The Independent continues its Final Say campaign for the electorate to have a vote on the final Brexit deal, and reports that more than 1.4 million young people would now be able to vote in a fresh referendum compared with in 2016 - outnumbering ... [Full Article...]

Harley-Davidson Announces Pan America Adventure Motorcycle for 2020

Harley-Davidson Announces Pan America Adventure Motorcycle for 2020 The new LiveWire will be the first in a broad, no-clutch "twist and go" portfolio of electric two-wheelers created to establish the company as the leader in the electrification of the sport. President Donald Trump . For starters, Harley-Davidson will continue to develop improved, more technologically-advanced Touring and Cruiser motorcycles that will keep existing Harley-Davidson riders engaged... [Full Article...]

McDonalds celebrates Big Mac's 50th anniversary by launching a new coin

McDonalds celebrates Big Mac's 50th anniversary by launching a new coin McDonald's will give away more than 6 million MacCoins as a part of this promotion, and there will be five different designs, paying homage to each decade of the Big Mac's existence. "The Big Mac is a cultural icon and what better way to celebrate its continuing status than to issue a commemorative coin", says Henry Nienhuis, President of the Royal Canadian Numismatic Association. [Full Article...]

Tesla Is Making Its Own, Limited Edition Carbon Fibre Surfboard

Tesla Is Making Its Own, Limited Edition Carbon Fibre Surfboard Tesla, the electric auto company headed by billionaire Elon Musk, briefly took to selling surfboards through its online store this weekend. The board is six feet and eight inches long, reinforced with "Black Dart" carbon fibre and features gloss and matte finishes, all features inspired by Tesla's cars. [Full Article...]

Why Netflix, Google and LinkedIn are rallying to employ a homeless man

Why Netflix, Google and LinkedIn are rallying to employ a homeless man On Friday morning, homeless web developer David Casarez woke from his park bench in Mountain View, Calif., put on a nice shirt and tie, and carried his hand-written cardboard sign to a nearby highway median. It all happened so quickly that Casarez said he was stunned. Casarez said the outpouring of support has given him renewed hope after nearly running out of options. [Full Article...]

Flight diverted, hazmat team called in after ‘dirty socks’ smell sickens passengers

Flight diverted, hazmat team called in after ‘dirty socks’ smell sickens passengers Lt. Jonathan Evans, spokesman for Myrtle Beach Fire Rescue, tells WBTW-TV of Myrtle Beach as many as 10 passengers complained of medical issues and that some were treated at a local hospital. Several passengers on a Spirit Airlines flight from NY to Florida had to be examined by a medical crew after an emergency landing Thursday night. Hazmat crews checked out the plane and didn't find anythin... [Full Article...]

U.S. stocks close higher amid earnings

U.S. stocks close higher amid earnings The Nasdaq Composite Index gained 91.47 points, or 1.17 per cent, to 7,932.24. And the Russell 2000 index of smaller-company stocks gave up 32 points, or 1.9 percent, to close at 1,663. He said bright spots on the market were few but included transport firm TFI International, up on strong quarterly results. ENERGY: Benchmark U.S. [Full Article...]

European auto makers welcome constructive EU-US trade talks

European auto makers welcome constructive EU-US trade talks The EU responded with its own tariffs on US$3.2 billion of USA imports. In addition, Trump's threat to impose tariffs on European cars was put aside, and the EU planned to buy more USA liquefied natural gas (LNG) and soybeans. Trump campaigned on a vow to get tough on trading partners he accuses of taking advantage of bad trade deals to run up huge trade surpluses with the U.S. [Full Article...]

Disney and Fox Shareholders Approve $71.3 Billion Megamerger

Disney and Fox Shareholders Approve $71.3 Billion Megamerger Disney had been trying to purchase Fox since December, but was forced to enter a bidding war with Comcast , who originally outbid them with an offer of $64 billion before being blown out of the water by a significant counteroffer that, ultimately, they couldn't match. [Full Article...]

After $120B Stock Tumble, Facebook Investors Claim Fraud

After $120B Stock Tumble, Facebook Investors Claim Fraud These quotes and average results from its second quarter caused Facebook's stocks to drop a whopping 19 per cent overnight. Dismal revenue, which initially pulled the stock down almost 9 percent on Wednesday, clearly was not the end for wounded investors. [Full Article...]

Intel shares tumble as new chip technology seen pushed out later

Intel shares tumble as new chip technology seen pushed out later Intel is already struggling with manufacturing difficulties and rivals that are trying to muscle in on its lucrative dominance of computer chips. Whether investors are overreacting is up for debate-Intel's Data Center Group (DCG) increased its revenue by 27 percent year-over-year to $5.5 billion, coming up just short of what analysts were expecting. [Full Article...]

ITV's half yearly revenues rise by 8%

ITV's half yearly revenues rise by 8% Total external revenue in the six months to the end of June rose 8% to £1.6bn from £1.5bn a year ago, driven by growth in non-advertising revenues. Revenue from its studios, which make The Voice, rose 16% to £803m, about half of its total, it said on Wednesday. [Full Article...]

Died oldest inhabitant of the planet

Died oldest inhabitant of the planet Miyako, born on May 2, 1901, became the world's oldest person in April after Nabi Tajima from Kikai island in southern Japan died at the age of 117. The victor of the title of the oldest inhabitant of the Earth Japanese Chiyo Miyako died on July 22 reported on the website of the Guinness Book of records. [Full Article...]

New Facebook Venture gets a thumbs down in China

New Facebook Venture gets a thumbs down in China Still, despite having their main services banned in China , both Facebook and Google have vast business interests that extend far beyond their core products. "We are interested in setting up an innovation hub in Zhejiang to support Chinese developers, innovators and start-ups", a Facebook representative said via email, referring to the Chinese province where Hangzhou is located. [Full Article...]

With NAFTA in limbo, Canadian officials meet with Mexico's incoming president

With NAFTA in limbo, Canadian officials meet with Mexico's incoming president Lighthizer suggested outgoing Mexican president Pena Nieto may want to end his term with a successful NAFTA deal before leaving office on December 1. appear to have gotten China's attention, but more tariffs can not be the ultimate answer", said Sen. NAFTA negotiations were paused in late spring because of the July 1 Mexican presidential election that Lopez Obrador won with a majority of the p... [Full Article...]

Get a dozen doughnuts for just $1 at Krispy Kreme on Friday

Get a dozen doughnuts for just $1 at Krispy Kreme on Friday The popular doughnut shop will allow people to purchase a dozen of its original glazed doughnuts for $1 with the purchase of any dozen doughnuts Friday. Last week, Krispy Kreme made headlines with the announcement it would acquire a majority stake in cookie delivery brand Insomnia Cookies. Since then, JAB has acquired brands including Panera, Au Bon Pain, and Pret A Manger. [Full Article...]

European Union agree to lower trade barriers

European Union agree to lower trade barriers The money will come from the Commodity Credit Corp., a USDA agency founded in 1933. Farmers will experience the bulk of these losses after fall harvest time. "We are not going to turn into a Soviet-style economy". Ex-Tory leader Iain Duncan Smith said: "What Mr Trump demonstrates is a lesson for Britain's so-called negotiators - don't try figure out what it is the other side will accept, but... [Full Article...]


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