Business

Sunday, January 3, 2010

“Avatar” still rules the Box Office

Innovative filmmaker James Cameron is king of the Box Office right now. Cameron’s 3D epic, “Avatar”  claimed the number one spot at the domestic Box Office for the third straight week. “Avatar” scooped up an estimated $68.3 million over the New Year’s weekend. “Avatar” has made so much money, it’s mind-boggling. The domestic take for the sci-fi/ action adventure is around $352 […]
Monday, December 28, 2009

Biz Bytes: Holiday retail sales jolly & Warner Bros. chalks up another multi-billion dollar year

                                             New stats show holiday shoppers spent more this season than last Some Christmas cheer for retailers and good news for the economy today. Consumer spending during the period of November first through Christmas Eve rose 3.6 percent. That’s a heck of a lot better than what happened last year, when fears of economic disaster had shoppers holding tight to their […]
Saturday, December 19, 2009

News Bytes:Holiday shoppers on the prowl for bargains this weekend & Burbank flu shot shortage

     Shoppers are expected to flood stores and malls today On the last weekend before Christmas, there are predictions shoppers will get real serious about their gift buying. Retailers are hoping to be swamped by folks looking for bargains and last minute gift ideas. No matter how good the numbers are this weekend, some analysts say they won’t be good enough […]
Wednesday, December 16, 2009

President Obama visits Home Depot

Photo: Pete Souza/White House —President Obama visits a Home Depot in Alexandria, Virginia on December 15, 2009. Where does the president park when he drops by Home Depot? Not outside in the lot. No way. When President Barack Obama visited one of those home improvement stores in Virginia yesterday, his limo parked in the lumber aisle. President Obama was there to […]
Monday, December 14, 2009

Biz Bytes:The #1 bestseller at Barnes & Noble.com & a new money scandal in the music industry

Holiday shoppers buying into “… a little faith” Mitch Albom, author of the hugely popular, “Tuesdays with Morrie” and “The Five People You Meet In Heaven” has a new bestseller about faith this holiday season.  “Have A Little Faith: A True Story” is the number one bestseller on the Barnes & Noble website Monday evening. The nonfiction book is about Albom’s […]
Wednesday, December 9, 2009

Biz Bytes: Box Office record & Bernie Madoff’s victims speak out

Hollywood movies are raking in the dough Hollywood films are making a ton of money, serious green, like in the billions of dollars. The 2009 Box Office should reach $9.681 billion today, surpassing the best-year ever record of $9.680 billion set in 2007, according to Hollywood.com. This is a surprise for a couple of reasons: one there are still about three weeks […]
Saturday, December 5, 2009

President Obama talks about those upbeat job figures, the economy, and where we go from here

Photo: Pete Souza/The White House 12/03/09 President Barack Obama gets it. The economic recovery will not really hit home for many until the sluggish job market is revitalized. Yesterday, the Labor Department reported the national unemployment rate took a surprising dip to 10 percent in November— the best it’s been since December of 2007. Companies laid off 11,000 workers last month, compared to 111,000 […]