NEW YORK – A hedge fund owner’s bid to hold the government responsible for an FBI raid that he says ruined his business was lost Tuesday when a federal appeals court rejected his lawsuit. Continue Reading Below The 2nd U.S. Circuit Court of Appeals in Manhattan said David Ganek cannot […]
FOX Business News
Airline delays and cancelations rise due to hurricane
WASHINGTON – Partly because of Hurricane Harvey, which shut down both major Houston airports for several days, canceled flights surged and delays increased on U.S. airlines in August. Continue Reading Below The airlines, however, seem to be losing track of fewer bags, and consumer complaints are down from a year […]
Han Solo Star Wars spinoff film finally has a title
The young Han Solo Star Wars spinoff film finally has a title: “Solo: A Star Wars Story.” Continue Reading Below Director Ron Howard announced the title Tuesday in a Twitter video celebrating production wrap on the anthology film starring Alden Ehrenreich as the grumpy space smuggler originated by Harrison Ford. […]
Administration does not brand China currency manipulator
WASHINGTON – The Trump administration on Tuesday once again declined to label China a currency manipulator, even though Donald Trump repeatedly pledged during last year’s presidential campaign that he would do so as soon as he took office. Continue Reading Below Instead, the administration, in a report it must issue […]
Showrunner alleges sexual harassment by Bob Weinstein
NEW YORK – Spike network is investigating reports of sexual harassment by the brother of disgraced film mogul Harvey Weinstein against the female showrunner of a series produced by The Weinstein Co. and aired on Spike. Continue Reading Below Amanda Segel, a former executive producer of the sci-fi series “The […]
Why Helios and Matheson Shares Fell Today
What happened Continue Reading Below Shares of Helios and Matheson (NASDAQ: HMNY) fell today, down by 13% at the close, after rival Netflix (NASDAQ: NFLX) reported stronger-than-expected subscriber growth last night. Helios and Matheson has majority ownership in MoviePass, which has been described as the “Netflix for theaters” and may compete […]
Why Shares of VirnetX Holding Corp. Tumbled Today
What happened Continue Reading Below Shares of patent-holding company VirnetX Holding Corp. (NYSEMKT: VHC) tumbled on Tuesday one day after it disclosed that it was awarded about $440 million in a patent case against Apple (NASDAQ: AAPL). The federal judge in the case ruled that Apple’s on-demand VPN and FaceTime […]
IBM reports marginal dip in quarterly revenue
International Business Machines Corp’s <IBM.N> quarterly revenue slipped again as weak demand in the company’s technology services business outweighed growth in its strategic areas that include cloud and security services. Continue Reading Below The company’s net income fell to $2.73 billion, or $2.92 per share, in the third-quarter ended Sept. […]
US stock indexes mostly lower in afternoon trading; oil down
Industrial companies led U.S. stocks mostly lower in late-afternoon trading Tuesday as investors sized up the latest company earnings news. Packaged food and beverage companies were among the big laggards. Health care companies posted some of the biggest gains following news of a plan backed by the White House that […]
2 admit roles in $24M benefits scheme that targeted veterans
NEWARK, N.J. – A former official at a New Jersey university and another woman have admitted their roles in a scheme that stole more than $24 million from a federal education benefits program designed to help veterans. Continue Reading Below Fifty-six-year-old Lisa DiBisceglie and 61-year-old Helen Sechrist pleaded guilty Tuesday […]