Day: August 12, 2022
Blumhouse’s ‘The Black Phone’ shows that horror, and original storytelling, has a place at the box office
Any apprehension Jason Blum had about the future of the box office has been quelled now that “The Black Phone” has surpassed $150 million at the global box office. Blum was one of many that worried lower budget films might not have a place at cinemas in the wake of pandemic theater closures. However, the […]
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Passage of Inflation Reduction Act gives Medicare historic new powers over drug prices
A pharmacist collects medications for prescriptions at a pharmacy. Simon Dawson | Bloomberg | Getty Images Medicare is poised to renegotiate the prices of some of its most expensive drugs through a historic expansion of its power, which could reduce costs for many seniors as well as federal spending on its prescription drug plan. The […]
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Trump search warrant cites statutes that carry possible multiyear prison sentences
The FBI’s search warrant targeting former President Donald Trump’s private club listed three statutes that were used to justify the seizure of boxes and documents from the property, some of them marked as top secret. Under a heading that reads “Property to be seized,” the warrant refers to: “All physical documents and records constituting evidence, […]
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Cloud stocks are rallying after a punishing start to the year as 2022 outlook brightens
Confluent Co-Founder and CEO Jay Kreps appears at the company’s sales kickoff in Las Vegas on Feb. 8, 2022. Confluent Investors looking to get into beaten-down cloud stocks at bargain basement prices may have missed their opportunity. Scanning the cloud software market, which tanked to start the year, numerous stocks have jumped 50% from their […]
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Blumhouse, studio known for highly profitable horror films, is no longer producing Mattel’s Magic 8 Ball movie
Magic 8 Ball by Mattel Source: Amazon Blumhouse is no longer a producing partner of Mattel’s planned Magic 8 Ball film. On Friday, co-founder and producer Jason Blum told CNBC that the horror production power house was no longer attached to the toymaker’s project. “We developed it for a while, but we are no longer […]
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Read the FBI’s search warrant for Trump’s Mar-a-Lago home
The first page of a search warrant approved by a U.S. District Court magistrate judge allowing the FBI to search former President Donald Trump’s Mar-a-Lago estate is seen after being released by the U.S. District Court for the Southern District of Florida in West Palm Beach, Florida, U.S. August 12, 2022. U.S. District Court | […]
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Transportation Department is losing top auto safety regulator after a few months on the job
Dr. Steven Scott Cliff, nominee to be administrator of the National Highway Traffic Safety Administration, testifies during a Senate Commerce, Science and Transportation Committee confirmation hearing in Russell Building on Thursday, December 16, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images The Department of Transportation said on Friday that Steven Cliff, the head […]
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Rosenblatt’s Barton Crockett breaks down the theme-park trade
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Exchange Barton Crockett, Rosenblatt Securities senior analyst, joins ‘The Exchange’ to discuss consumer spending with summer travel to theme parks. 04:53 an hour ago Source
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Documents taken in Trump raid included files marked top secret, report says
A member of the Secret Service is seen in front of the home of former President Donald Trump at Mar-A-Lago in Palm Beach, Florida on August 9, 2022. Giorgio Viera | AFP | Getty Images The FBI seized multiple sets of documents marked top secret from former President Donald Trump’s resort home Mar-a-Lago when agents […]
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Even airline employees are having trouble finding a seat home from Europe this summer
International passengers walk through the arrivals area at Terminal 5 at Heathrow Airport on November 26, 2021 in London, England. Leon Neal | Getty Images News | Getty Images Airlines want people to take a European vacation this summer — as along it’s not their employees. Carriers are discouraging their staff from using their employee perks […]
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