25 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Viacom may tighten control of Paramount as studio continues to disappoint
The Wall Street Journal: Viacom may tighten control of Paramount as studio continues to disappoint
As head of one of Hollywood’s oldest and most iconic movie studios, Brad Grey has overseen many duds of late, most recently a remake of “Ben-Hur” that grossed only $11.2 million in its debut weekend.
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25 August, 2016 by The TZ Newswire Staff Comments Off on Currencies: Dollar slips on uncertainty posed by Fed’s Yellen’s looming speech
Currencies: Dollar slips on uncertainty posed by Fed’s Yellen’s looming speech
The dollar moves slightly lower on Thursday, amid a wait-and-see mood ahead of the closely monitored speech by Federal Reserve Chairwoman Janet Yellen at the central bank’s summer summit Friday.
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25 August, 2016 by The TZ Newswire Staff Comments Off on Scotland’s Converge Challenge Announces Startup Shortlist
Scotland’s Converge Challenge Announces Startup Shortlist
Scotland’s “leading company creation competition” has accepted 212 applicants this year, and now the judging process has shortlisted the top 10 nominees. The 2016 Converge Challenge category is said to be the most competitive year ever. The record number of applicants represents 14% growth year… Read More
25 August, 2016 by The TZ Newswire Staff Comments Off on US initial jobless claims for Aug 20 week 261K vs. 265K estimate
US initial jobless claims for Aug 20 week 261K vs. 265K estimate
4 week average 264.0 vs 265.25
The US initial jobless claims came in at 261K vs 265K expectations. The 4-week moving average fell slightly to 264K versus 265.25K the prior week.
25 August, 2016 by The TZ Newswire Staff Comments Off on US July durable goods orders +4.4% vs +3.4% expected
US July durable goods orders +4.4% vs +3.4% expected
Details of the US July durable goods orders report
– Prior was -3.9%
– Ex transport +1.5% vs +0.4%
– Prior ex-transportation was -0.4%
– Capital goods orders nondefense ex air +1.6% vs +0.2% expected
25 August, 2016 by The TZ Newswire Staff Comments Off on Amazon, "Pokemon Go," or Summer Heat: Which Was Really Responsible for Gap’s Weak Q2?
Amazon, "Pokemon Go," or Summer Heat: Which Was Really Responsible for Gap’s Weak Q2?
It’s hardly comforting that Gap was able to say its Old Navy brand was doing less bad than either Banana Republic or its namesake stores, but at least it didn’t try to make excuses for the poor performance. Image source: The Motley Fool.
25 August, 2016 by The TZ Newswire Staff Comments Off on US jobless claims fall for third straight week
US jobless claims fall for third straight week
The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting the labor market was continuing to gain momentum.