WEST PALM BEACH, Fla. – Skies over Florida from Jacksonville to Miami were lit up by a rare type of fireball late Monday that prompted calls to the National Weather Service and nearly 200 reports to the American Meteor Society. Mike Hankey, the operations manager for the American Meteor Society, said the fireball is technically a “bolide” because it blows up after entering Earth’s […]
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EXCLUSIVE: Shawn Xiang Yue, one of the producers of Chinese box office juggernaut franchise Detective Chinatown, is launching U.S. production banner Bamboo Curtain. Yue has just produced Detective Chinatown 3, which currently sits at $680M globally. He also produced Detective Chinatown 2, and Chinese box office hit Go Away Mr Tumor, which was selected as China’s entry for the 88th Academy […]
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Sales of nonfungible tokens, or NFTs, soared to more than $2 billion in the first quarter — more than 20 times the volume of the previous quarter, according to a report from NonFungible.com. NonFungible.com said the industry is largely dominated by the art and collectibles segments, and specifically projects such as CryptoPunks and SuperRare. Despite the recent price drops from […]
Read moreToru Hanai/REUTERS Nomura is tightening financing for some hedge fund clients, per Bloomberg sources. Japan's largest brokerage is facing an estimated $2 billion loss due to the Archegos collapse. Nomura will limit margin financing exceptions for hedge fund clients in order to prevent another blowup. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Nomura is […]
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Starting January 1, hospitals were supposed to publish prices they negotiate with insurers. To see whether the process had gotten easier, I tried finding prices for an MRI at nearby hospitals. I was unable to easily compare MRI prices, as most hospitals neglected to post negotiated rates. See more stories on Insider’s business page. When you go shopping for a […]
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FILE PHOTO: A U.S flag is seen on the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., November 6, 2020. REUTERS/Carlo Allegri/File Photo(Reuters) – The S&P 500 opened nearly flat on Tuesday as data showed consumer prices increased by the most in more than 8-1/2 years in March, while Johnson & Johnson slipped […]
Read moreTaco Bell will open its first digital-only restaurant in the United States on Wednesday in Times Square. The simplified design is expected to keep employees of the Yum Brands chain from becoming overwhelmed. Starbucks and Chipotle Mexican Grill are among the other restaurant chains that have opened digital-only locations as their online sales soar. In this article YUM Taco Bell […]
Read moreAfter moving to the downside at the start of trading on Tuesday, stocks have rebounded over the course of the morning. The major averages have bounced well off their early lows and into positive territory, with the S&P 500 reaching a new record intraday high. Currently, the major averages are posting modest gains. The Dow is up 13.36 points or […]
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Tom Stalnaker is the leader of Oliver Wyman’s global aviation practice and a partner. Khalid Usman is a partner in Oliver Wyman’s transportation practice. Andrew Buchanan is a vice president in the firm’s transportation practice. All three authored Oliver Wyman’s annual Airline Economic Analysis 2020-2021. The opinions expressed in this commentary are their own. Leisure air travel in the United […]
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