Friday , 21 November 2014

Business News

Jobless Claims Fall to 291K Last Week

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iStock/Thinkstock(WASHINGTON) — Jobless claims dropped slightly lower last week, decreasing by 2,000, according to the latest figures released Thursday by the Labor Department. For the week ending Nov. 15, the number of people filing for unemployment benefits fell to 291,000. The previous week claims stood at 293,000, revised up from 290,000. The Labor Department said there were no “special factors” ... Read More »

Infant ‘Fingertip Amputations’ Lead to Huge Graco Stroller Recall

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U.S. Consumer Product Safety Commission(WASHINGTON) — Nearly five million Graco baby strollers have been recalled due to “fingertip amputation hazard,” but an ABC News investigation found that if this recall goes like most safety recalls, a vast majority of the strollers could remain on the market, posing a threat to infants for years to come. The recall, to be announced ... Read More »

Michelin Reinvents the Wheel with Airless Tire

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Michelin(NEW YORK) — Drivers’ hearts may not go aflutter over innovation in the tire industry as much as they get excited by a new tech gadget, but Michelin North American Chairman Pete Selleck says the company is truly reinventing the wheel. Selleck is announcing Thursday the Tweel, the first airless tire ever to be commercially available. The company is also ... Read More »

Why New Orleans Is the New Moviemaking Capital

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iStock/Thinkstock(NEW ORLEANS) – Dallas Buyers Club and 12 Years a Slave are two blockbuster films with something in common, and it’s not just their Oscar nods. Both were shot not on set in a Hollywood studio, but on the streets of New Orleans. Louisiana has recently earned a new reputation as “Hollywood South.” There are 14 films and TV shows ... Read More »

Parents of "Midnight Rider" Crew Member Settle Wrongful Death Suit

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iStock/Thinkstock(NEW YORK) — The parents of Sarah Jones, the 27-year-old camera assistant who was killed in a train accident on the Georgia set of Midnight Rider, announced Wednesday they have reached a settlement with several defendants in the wrongful death suit they filed against the film’s producers and corporations who own the railroad tracks where the accident took place. According ... Read More »