Tag: business news

Netflix leads Oscar nominations with 24 nods

Netflix leads Oscar nominations with 24 nods

Robert De Niro, Al Pacino and Ray Romano star in Martin Scorsese’s “The Irishman.” Netflix For the first time in Academy Award history, the studio with the most nominations is a streaming service. On Monday, Netflix nabbed 24 nominations for the big awards ceremony, more than any other media company in the industry this year. […]

Oscar nominations 2020: 11 snubs and surprises

Oscar nominations 2020: 11 snubs and surprises

Taron Egerton poses in the press room during the 77th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 05, 2020 in Beverly Hills, California. Daniele Venturelli While “1917,” “Joker,” “Once Upon a Time in Hollywood” and “The Irishman” will get to bask in the Oscars’ spotlight until the awards ceremony in February, […]

Budget deficit topped $1 trillion in 2019, the first time in 7 years

Budget deficit topped $1 trillion in 2019, the first time in 7 years

The U.S. fiscal deficit topped $1 trillion in 2019, the first time it has passed that level in a calendar year since 2012, according to Treasury Department figures released Monday. The budget shortfall hit $1.02 trillion for the January-to-December period, a 17.1% increase from 2018, which itself had seen a 28.2% jump from the previous […]

Goldman Sachs launches Marcus mobile app

Goldman Sachs launches Marcus mobile app

A woman looks at Marcus, a new savings and loans app recently launched by Goldman Sachs in New York, January 10, 2020. Mike Segar | Reuters When Goldman Sachs released a long-awaited app for customers of its Marcus consumer bank last week, it did so with little fanfare or hype. Unlike the intense attention on […]

Amazon to ramp up counterfeit reporting to law enforcement

Amazon to ramp up counterfeit reporting to law enforcement

Amazon CEO Jeff Bezos attends a commemoration ceremony held in front of Saudi consulate on the first anniversary of his murder, in Istanbul, Turkey on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images Amazon is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes […]

Microsoft Windows 7 support ends Jan. 14

Microsoft Windows 7 support ends Jan. 14

Copies of Microsoft Windows 7 are arranged for a photograph at a Staples store in New York, U.S., on Thursday, Oct. 22, 2009. Daniel Acker | Bloomberg | Getty Images Microsoft will stop supporting Windows 7 beginning Tuesday, Jan. 14. That means it won’t issue any more software updates, including software patches that could prevent […]

Five biggest stocks dwarfing the market at ‘unprecedented’ level

Five biggest stocks dwarfing the market at ‘unprecedented’ level

It’s no secret that a handful of tech giants have been dominating the stock market, but their leadership has reached a level that is raising eyebrows on Wall Street as being unsustainable. The top five U.S. companies — Apple, Microsoft, Alphabet, Amazon and Facebook — now make up 18% of the total market capitalization of […]

Sentence recommendation for Rep. Chris Collins in insider trading case

Sentence recommendation for Rep. Chris Collins in insider trading case

Former U.S. Rep. Chris Collins (R-NY) exits federal court on October 1, 2019 in New York City. Collins announced his resignation from Congress on Monday. Drew Angerer | Getty Images Federal prosecutors on Monday urged a judge to sentence former Rep. Chris Collins, a New York Republican, later this week to nearly five years in […]

Iran is closer ‘than ever before’ to regime collapse, says Gen. Jim Jones

Iran is closer ‘than ever before’ to regime collapse, says Gen. Jim Jones

ABU DHABI, United Arab Emirates — Iran has had a turbulent past week, marked by more than a hundred Iranian deaths and dramatically increased tensions with the U.S. As it enters into the third day of protests fueled by popular anger over the government’s handling of a downed passenger jet, some observers argue this is […]

Novartis strikes deal with UK to provide cholesterol drug to high-risk patients

Novartis strikes deal with UK to provide cholesterol drug to high-risk patients

A technician at the Novartis Institutes for BioMedical Research in Cambridge, Massachusetts. David L. Ryan | The Boston Globe | Getty Images Pharmaceutical giant Novartis has reached a deal with the U.K. government to provide its late-stage cholesterol drug, inclisiran, to patients at high risk of a heart attack, the company announced Monday. The drug, […]