Business

You Can Now Go To The Movies Once A Day For $10/Month

You Can Now Go To The Movies Once A Day For $10/Month

MoviePass announced Tuesday that its $50-per-month service for one movie ticket per day has been slashed to $10 a month , causing traffic at MoviePass .com to surge beyond its capacity. "I believe the technology platforms that Helios and Matheson have built over the years are a flawless fit for the MoviePass family", said Helios and Matheston CEO Ted Farnsworth.


Costco Must Pay $19 Million for Selling 'Tiffany' Rings

Costco Must Pay $19 Million for Selling 'Tiffany' Rings

The judge ruled that Costco must pay $11.1 million to Tiffany plus interest, which is three times the lost profit of Tiffany's from the actions of Costco, plus punitive damages of $8.25 million. The Manhattan judge also permanently barred Costco from selling anything that Tiffany did not make as "Tiffany" products, unless it uses modifiers suggesting that the products have, for example, a Tiffany "setting", "set" or "style".


Uber settles complaint over data protection for riders, drivers

Uber settles complaint over data protection for riders, drivers

Uber agreed to implement new data protection measures to settle complaints that it failed to prevent improper snooping on driver and customer information, officials said Tuesday. The complaint in question alleged that Uber misrepresented its privacy and security programs to riders and drivers. Under the agreement between Uber and the FTC, Uber can not misrepresent its access to consumers' personal information or how it secures that data, and must implement a privacy program and submit to ...


Wall Street best close this season: Aus shares to rise

Wall Street best close this season: Aus shares to rise

The pan-European STOXX 600 index rose 0.1 percent, with financials among the gainers and energy stocks losing ground as oil prices fell. We expect a minor drop in volatility this week, but another tweet storm or more threatening words from Trump could increase the pain for the USA dollar.


Shares, US dollar climb as North Korea fears abate

Shares, US dollar climb as North Korea fears abate

But stocks did not appear to get a lift from the data and the lull in rhetoric between the United States and Korea a day after the S&P 500 achieved its third 1-percent gain so far this year. These mark a bucking against the 1.3% fall in Australia's benchmark index . On Monday the dollar rose 0.3 percent against the yen to 109.48 yen. "If the data continues to come in on the softer side, the market might start to price the Fed staying on hold this year", said Sireen Harajli, FX ...


Etihad Airways says can not bail out Air Berlin

Etihad Airways says can not bail out Air Berlin

Pilots' union Vereinigung Cockpit (VC) blamed the shortcomings of past management at Air Berlin for its woes and expressed anger with Etihad. The company said that two members of the board of directors, who had been nominated to the board by Etihad, had resigned.