Finance

MoviePass Is Raising Prices to $14.95, Limiting Blockbusters

In a press release, MoviePass and its owners at Helios and Matheson Analytics Inc. announced "new measures aimed at accelerating the plan for profitability". "This would have an adverse effect on ...

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RBI hikes lending rate, loans likely to become dearer

The repo rate is the rate at which the central bank of the country lends funds to the commercial banks. Ahead of the three-day meet, which started on Monday in Mumbai , experts were divided in th...

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Gay couple asked to split seating on plane to accommodate straight couple

He adds, "I explained that we were a couple and wanted to sit together". Although Cooley said he protested that the two men were also a couple and wanted to sit together, he said the agent insisted ...

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JLR slips to £264 million pre-tax loss

JLR slips to £264 million pre-tax loss

Total sales fell 6.7pc year on year to £5.2bn as JLR bemoaned a series of challenges from fears of a trade war to Brexit uncertainty and a consumer backlash against diesel. China chose to cut import t...

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Nicaraguan protesters under siege for demanding democratic reform

Nicaraguan protesters under siege for demanding democratic reform

The protests turned violent after a government crackdown. Protesters have demanded Ortega's resignation and early elections, but the embattled president has said he will not bring polls scheduled fo...

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Huawei surpasses Apple in Q2 smartphone shipments

Huawei surpasses Apple in Q2 smartphone shipments

Statistically, the Chinese company sold more than 54 million units of its smartphones during the second quarter of this year, giving the company a 15.8% market share. In the first half of this quarter...

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Uber is shutting down its self-driving truck program

Uber is shutting down its self-driving truck program

Uber will stop developing self-driving trucks that have been hauling cargo on U.S. highways, the ride-hailing company said on Monday, seeking to focus its autonomous-vehicle technology exclusively on ...

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MoviePass is raising its price and cutting access to blockbusters

Now, the company has announced a new plan that may finally be the final straw for customers . It has been reported that MoviePass CEO Mitch Lowe announced at a Monday meeting, that the app wo...

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Apple stock jumps after earnings beat

Apple stock jumps after earnings beat

A higher ASP means customers purchased more high-end handsets such as the iPhone 8 Plus and iPhone X , versus the iPhone 8 and prior generation models. Apple's margins are facing pressure as it m...

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MoviePass Announces Major Changes to Service; Will Black Out New Releases

Of course, that assumes that people are going to continue to subscribe to MoviePass despite the price increase and new limitations. Over the weekend, MoviePass would not allow its users to buy t...

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Second Brexit referendum now supported by majority of UK

Second Brexit referendum now supported by majority of UK

With less than eight months until Britain is due to leave the EU, Prime Minister Theresa May has yet to find a proposal to maintain economic ties with the bloc that pleases both sides of her divided...

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Harley-Davidson rebels with an electric motorcycle

Harley-Davidson rebels with an electric motorcycle

Besides, it will introducing a new modular 500cc to 1250cc middleweight platform of motorcycles that spans three distinct product spaces and four displacements. For starters, Harley-Davidson will cont...

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

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

Which is exactly what Scofield said she thought to herself, "If I were in that position, I would want someone to help me". She rolled down her window and called Casarez over to her auto. "He cashed ou...

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McDonald's unveils MacCoin to celebrate Big Mac's 50th anniversary

McDonald's unveils MacCoin to celebrate Big Mac's 50th anniversary

McDonald's decided it would be fitting to honor him with the MacCoin, which is actually an idea based upon the Big Mac index . "The MacCoin transcends currencies to commemorate our global iconic burg...

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Tesla Launches $1,500 Made-to-Order Surfboards

Tesla Launches $1,500 Made-to-Order Surfboards

The boards are custom-made, the site said, and can fit inside Tesla's Model 3, X and 3 cars. The surfboards, which were briefly available for the perfectly reasonable price of $1,500, is a collabora...

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Vehicle nations mull meeting without U.S. to discuss threat of tariffs

Vehicle nations mull meeting without U.S. to discuss threat of tariffs

After Wednesday's meeting at the White House, Trump agreed to refrain from imposing auto tariffs while the European Union and the United States start talks on cutting other trade barriers. If I rememb...

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Spirit Airlines passengers get sick from 'dirty socks' odor in cabin

Spirit Airlines passengers get sick from 'dirty socks' odor in cabin

There were fears that the smell may have been caused by some sort of risky chemical. According to NBC4, the Spirit Airlines flight, with about 200 passengers, headed to Florida from NY. 'A supplemen...

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Mnuchin insists agriculture was part of US-EU trade talks

Mnuchin insists agriculture was part of US-EU trade talks

In what is seen as a breakthrough after weeks of stalemate, US President Donald Trump and European Commission President Jean-Claude Juncker proclaimed a "new phase" in transatlantic relations. Thirdly...

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Disney and Fox shareholders approve $71.3B merger

Disney and Fox shareholders approve $71.3B merger

Terms of the agreement mean Fox shareholders may elect to receive US$38 per share in either cash or shares of New Disney-a holding company that will become the parent of both Disney and 21st Centur...

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Facebook Stocks Plummet to an Unprecedented Degree

Facebook Stocks Plummet to an Unprecedented Degree

Facebook and its CEO Mark Zuckerberg are facing a lawsuit over his company's historic stock market plunge where it lost close to US$120bn in a single day, the most in U.S. Zuckerberg had been tied w...

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ITV hails Love Island 'phenomenon' as revenues climb 8pc

ITV hails Love Island 'phenomenon' as revenues climb 8pc

However, non-advertising revenue now accounts for 52% of total revenue and rose 14% to £958mln in the first half from £827mln the prior year. ITV announced in a statement this morning that its tot...

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China pulls approval for Facebook's planned venture

China pulls approval for Facebook's planned venture

On 24 July, Facebook announced plans to create an "innovation hub" to support China startups and developers. The subsidiary is registered in Hangzhou, home of e-commerce giant Alibaba Group Hol...

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US Trade Rep.: NAFTA Talks May End In August With Updated Deal

US Trade Rep.: NAFTA Talks May End In August With Updated Deal

Mexico's President Enrique Pena Nieto said in Mexico City on Friday that he hoped the accelerated talks would allow for a deal in August. Mexican officials went out of their way on Thursday Ju...

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Krispy Kreme introduces new flavor and $1-dozen deal for 81st birthday

Krispy Kreme introduces new flavor and $1-dozen deal for 81st birthday

The doughnut company was acquired in 2016 for $1.36 billion by European investment firm JAB Holding Company, which purchased Panera Bread for $7.5 billion past year and Pret A Manger for an estima...

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Tax free weekend is just around the corner

Tax free weekend is just around the corner

What's on the sales shelf? The sale does not include computer parts, like keyboards and monitors, when not sold with a CPU; storage media, like flash drives and compact discs; individually purchased s...

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European Union agree to lower trade barriers

European Union agree to lower trade barriers

Trump said in a statement delivered from the White House Rose Garden. Ahead of that North Atlantic Treaty Organisation meeting, Trump called the European Union a "foe" of the U.S. "Only united as...

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Concerns linger in Europe after US-EU trade truce

Concerns linger in Europe after US-EU trade truce

Trump and Juncker said talks would seek to "resolve" US tariffs on steel and aluminum and Europe's retaliatory duties, a step back from Trump's import protections for USA metal producers. On the North...

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McDonald's worker beats up milkshake-throwing customer

McDonald's worker beats up milkshake-throwing customer

Chavolla said on Thursday that she has kept her job at McDonald's, although the company has said it is investigating. "I still have my job". "So this happened at McDonald's. The fracas broke out b...

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Disneyland Resort proposes to raise minimum wage for California park workers

Disneyland Resort proposes to raise minimum wage for California park workers

This will raise Disneyland's wages to $15 an hour three years before the state of California's mandatory wage increase. Wages will increase by 3 percent per year for workers who are near or above ...

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Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers

Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers

Saudi Arabia earlier in the week said it was suspending oil shipments through the Red Sea's Bab al-Mandeb strait, one of the world's most important tanker routes, after Yemen's Iran-aligned Houthi...

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Facebook dives as markets open, dragging down Nasdaq

Facebook dives as markets open, dragging down Nasdaq

The Nasdaq was down almost 1 percent at midday, even while the Dow Jones Industrial Average traded up 0.5 percent. The Nasdaq composite index lost 26 points, or 0.3 percent, to 7,826. Several ai...

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Consumers, soybeans lift U.S. economic growth to 4.1 percent

Consumers, soybeans lift U.S. economic growth to 4.1 percent

Paul Ashworth, chief USA economist at Capital Economics, said Friday, "Overall, helped by the massive fiscal stimulus, the economy enjoyed a strong first half of this year but, as the stimulus fades...

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West Tennessee farmers react to agricultural tariffs

West Tennessee farmers react to agricultural tariffs

Trump said he "opened up Europe for you farmers", to a crowd in Iowa on Thursday. In addition, the European Union has made a commitment to buy USA soybeans and natural gas, though how the Europea...

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Twitter's stock plunges 19% after it reports a decline in users

Twitter's stock plunges 19% after it reports a decline in users

Twitter ( TWTR ) stock has almost doubled this year as the company showed signs of a business turnaround, its first ever streak of profitable quarters and renewed growth in users and ad sales. The co...

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Facebook hammered as user growth cools

Facebook hammered as user growth cools

A #DeleteFacebook campaign didn't have any "material impact" on the bottom line , COO Sheryl Sandberg said earlier this year. The company's shares also took a sharp hit in the days following th...

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Soaring Consumer Spending Drives GDP to 4.1% in Q2

In the second quarter, the USA economy grew at an annualized rate of 4.1%, nearly double the 2.2% growth rate seen to start the year. He predicted it would be close, though economists surveyed by th...

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ED off to SA for BRICS Summit

ED off to SA for BRICS Summit

The Brics nations would "reiterate their own domestic agendas at this meeting as well as commit to more trade and investment among these countries", she said. Xi's initial proposal seemed to imply...

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Donald Trump Celebrates American Steelworkers in IL

Donald Trump Celebrates American Steelworkers in IL

Steel recently announced it was firing up a furnace at Granite City Works that had been idled for more than two years. "That night our prayer kind of changed a little bit: 'Lord please give us four ...

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In Iowa, Trump tells farmers ‘we just opened up Europe for you’

In Iowa, Trump tells farmers ‘we just opened up Europe for you’

Now, Trump is doing the same on trade. The deal boosted share markets initially, and USA industrial shares were stronger on Thursday as fears of a trade war with Europe ebbed. In other words, th...

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Trump predicts data will show U.S. economy in 'terrific' shape

The success of his gamble will ultimately be determined not by whether growth accelerates, but whether the additional growth pays for or exceeds the $1.5 trillion cost of the cuts. Some economists thi...

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