Business

'Us' scares up screams and applause at SXSW premiere
Universal Pictures via CNN
March 23, 2019 - 11:34 am
By Frank Pallotta, CNN Business (CNN) -- Jordan Peele terrified audiences with "Get Out" and now the director is back with "Us." But just how much will the film make this weekend? The horror movie, which is Peele's second film, brought in a big $29 million on its opening day Friday. "Us" is now...
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 FILE- In this Feb. 22, 2019, file photo the dome of the U.S. Capitol Building is visible in reflection in Washington. On Friday, March 22, the Treasury Department releases federal budget data for February.
Andrew Harnik/AP Photo, File
March 22, 2019 - 2:10 pm
WASHINGTON (AP) — The federal government posted a record budget deficit in February, pushing the overall deficit for the first five months of the budget year up 39 percent from a year ago. The Treasury Department says in its monthly report that the deficit hit an all-time high for February of $234...
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In this June 26, 2018 file photo, Shaquille O'Neal attends the world premiere of "Uncle Drew" at Alice Tully Hall in New York.
Andy Kropa/Invision via AP
March 22, 2019 - 1:27 pm
NEW YORK (AP) — Papa John's has a new pitchman: Shaquille O'Neal. The chain says basketball Hall of Famer will appear on TV commercials and promoted Papa John's in other ways. He will also join the company's board of directors and invest in nine of its restaurants in the Atlanta area. Papa John's...
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The Provco Group is redeveloping the old Nabisco plant in Northeast Philadelphia, and a central element of that plan includes the wildly popular Topgolf.
Courtesy of The Provco Group
Paul Kurtz
March 22, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — An ambitious plan is moving along to redevelop the site of the old Nabisco plant in Northeast Philadelphia, and a central element of that plan includes the wildly popular Topgolf. Provco Group and a Baltimore real estate firm bought the property a few years ago for $...
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In this March 19, 2015 file photo, bottles of spirits are on display at the Prichard's Distillery in Nashville, Tenn.
Erik Schelzig/AP Photo
March 21, 2019 - 11:24 am
By Bruce Schreiner, Associated Press LOUISVILLE, Ky. (AP) — For American whiskey producers, their tariff-induced hangover became more painful in late 2018 when a downturn in exports accelerated, especially in the European Union — the industry's biggest overseas market, an industry trade group said...
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Firefighters battle a petrochemical fire at the Intercontinental Terminals Company Monday, March 18, 2019, in Deer Park, Texas.
David J. Phillip/AP Photo
March 21, 2019 - 10:02 am
By Juan A. Lozano and David Warren, Associated Press HOUSTON (AP) — National Guard troops have been called in and residents were told to stay inside after elevated levels of benzene were detected early Thursday near a Houston-area petrochemicals storage facility that caught fire this week. Harris...
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Photo taken on March 13, 2019 shows the Boeing logo at its headquarters in downtown Chicago
Xinhua/Sipa USA
March 21, 2019 - 6:34 am
By Evan Perez and Shimon Prokupecz, CNN (CNN) -- US Justice Department prosecutors have issued multiple subpoenas as part of an investigation into Boeing's Federal Aviation Administration certification and marketing of 737 Max planes, sources briefed on the matter told CNN. The criminal...
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Starbucks CEO Kevin Johnson speaks at the company's annual shareholders meeting in Seattle.
Ted S. Warren/AP Photo
March 20, 2019 - 6:33 pm
SEATTLE (AP) — Starbucks says it plans to test both recyclable and compostable cups over the next year. Customers in New York, San Francisco, Seattle, London and Vancouver, British Colombia, will help test the cups, which use fiber, paper and other materials in place of plastic liners. Seattle-...
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Free Italian ice on first day of spring at Rita's
Mary Chao
Eric Walter
March 20, 2019 - 12:23 pm
PHILADELPHIA (KYW Newsradio) — It's here. Wednesday, March 20, is the first day of spring . Celebrate that 50-degree weather in true Philadelphia style with a free cup of Rita's Italian ice. For omne day only, from noon to 9 p.m., customers can indulge their summertime hopes and dreams at their...
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Cars enter and leave Fox Studios.
Chris Pizzello/AP
March 20, 2019 - 8:52 am
(Associated Press) — Disney has closed its $71 billion acquisition of Fox's entertainment business, putting "Cinderella," ''The Simpsons," ''Star Wars" and "Dr. Strange" under one corporate roof. The deal is likely to shake up the media landscape. Among other things, it paves the way for Disney to...
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