Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs. The subscription video streaming company will pay $55 million for a 292-acre site on the former Fort Monmouth military base in Eatontown and … Read more
NEW YORK (AP) — Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession. Uncertainty about how far the Federal Reserve and other … Read more
The Naismith Basketball Hall of Fame announced the list of eligible candidates for enshrinement this summer. SAN ANTONIO — A trio of San Antonio Spurs greats have been nominated for basketball immortality. The Naismith Basketball Hall of Fame announced the list of eligible candidates for the Class of 2023 and among the names are Tony … Read more
NEW YORK – After being arrested for creating antigovernment propaganda in 2010, the Iranian director Jafar Panahi was banned from making films for 20 years. Since then, he’s made five widely acclaimed features. His latest, “No Bears,” opens soon in U.S. theaters while Panahi is in prison. In July, Panahi went to the Tehran prosecutor’s … Read more
A top executive at Rackspace Technology Inc. is leaving the company while a board member resigned this month. The changes come as the San Antonio cloud-computing company has been at the center of a recent ransomware attack — though the departures are not related to the incident — and as it plans to roll out … Read more
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Nike Inc., up $12.57 to $115.78. The athletic apparel maker reported strong fiscal second-quarter financial results. FedEx Corp., up $5.64 to $169.99. The package delivery company’s fiscal second-quarter earnings beat Wall Street forecasts. Pebblebrook Hotel Trust, down $1.23 to $13.20. The … Read more
About 343,420 people are expected to fly in and out of the airport between Friday and Jan. 2, surpassing the 2019-2020 season’s total of 318,830 travelers. This comes on the heels of the airport’s record-breaking Thanksgiving travel season and a two-year pandemic-induced slump. During the same period in 2020-2021, the airport had 150,956 travelers. In … Read more