• AMC To Offer Something Like MoviePass
AMC To Offer Something Like MoviePass

In an interview with Business Insider , MoviePass CEO Mitch Lowe says, "At certain times for certain films - on opening weekend - there could be an additional charge for films". They can even see all three movies on the same day, with a two-hour buffer in between each showtime. "It wouldn't surprise me to see other theaters following suit, as ...

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  • Greece's creditors reach deal on debt relief measures
Greece's creditors reach deal on debt relief measures

Greece's ability to finance itself after the end of its third bailout was a key concern. "This situation will continue with half of Greeks taking medication or committing suicide, and the other half unemployed", he said. "Tomorrow we are expecting a decision for the adjustment of Greece's debt which will mark the end of an ordeal for Greece, an...

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  • Tesla to close a dozen solar facilities in nine states - documents
Tesla to close a dozen solar facilities in nine states - documents

Tripp , attorneys wrote, also gave journalists false information about the company, including claims that defective batteries had been used in Tesla's Model 3 sedans. At the time many questioned the wisdom of such an acquisition given that SolarCity was a cash burner, but since then Tesla has streamlined the company's operations as it pur...

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  • A Supreme Court Ruling Could Make Your Online Purchases More Expensive
A Supreme Court Ruling Could Make Your Online Purchases More Expensive

Consumers were supposed to voluntarily pay sales taxes on remote purchases, although it rarely happened. Instead, consumers themselves were expected to voluntarily submit the required taxes-and many did not. Because of the Commerce Clause of the US Constitution, states are still subject to a requirement not to discriminate against or unduly burde...

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  • EU's 25% Bourbon tariff comes into force
EU's 25% Bourbon tariff comes into force

Earlier, China underestimated President Donald Trump's resolve to move forward with tariffs unless Beijing changes its "predatory" trade practices, a top USA trade advisor said on Tuesday, in comments that diminished the chances of a negotiated settlement to a looming trade war between the world's economic superpowers.

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  • Oil falls as OPEC nears deal to raise production
Oil falls as OPEC nears deal to raise production

However, the scepticism looms over the market, as OPEC-member Iran is opposing the output increase, although Saudi Arabia and Russian Federation favouring it. OPEC has a history of hard meetings as well as clashes between Iran and Saudi Arabia. During the meeting, the group is expected to raise crude output after more than a year of cutting i...

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  • US Sanctions Won't Affect Iraq-Iran Crude Oil Swap Deal
US Sanctions Won't Affect Iraq-Iran Crude Oil Swap Deal

The minister said the difference between that amounts to "a little bit less than 1 million barrels". Ministers also acknowledged that production problems in several countries meant the real number of extra barrels coming to the market would be several hundred thousand less.

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  • WTI keeps rising and hits $69.00 after OPEC agreement
WTI keeps rising and hits $69.00 after OPEC agreement

Saudi and Russian Federation said they were happy to pump more but Iran had criticised the idea as it faces export-crippling United States sanctions. While OPEC's largest producer, Saudi Arabia , is seen to be open to higher production, Iran has been hesitant because of its trouble to increase output and tensions with the U.S.

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  • Argentina and Saudi Arabia to be added to MSCI emerging markets index
Argentina and Saudi Arabia to be added to MSCI emerging markets index

However, investors remained nonchalant about it as Tilney's managing director Jason Hollands said the impact on emerging market funds will be "marginal", as market cap weighted exposure to Saudi and Argentinian stocks will be very small in the context of China, South Korea, Taiwan and India.

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  • SCOTUS ruling has huge implications for online shopping
SCOTUS ruling has huge implications for online shopping

Thanks to a 1967 Supreme Court ruling , states have only been allowed to collect sales tax on a purchase made when the retailer has a physical presence within that state. "Simply put, this is a devastating ruling for small companies in New Hampshire that sell their products online", Kuster said. E-commerce giant Amazon has collected sales ta...

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  • Oil prices rise 1% as OPEC meets
Oil prices rise 1% as OPEC meets

The oil market would normally hear a decision, and typically react, on the same day as the meeting of OPEC members, which is set for this Friday, "but this time could be different", said Phil Flynn, senior market analyst at Price Futures Group.

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  • European Union metals tariffs retaliation to start June 22
European Union metals tariffs retaliation to start June 22

The official China Daily said in an editorial the United States had failed to understand that the business it does with China supported millions of American jobs and that the USA approach was self-defeating. "In other words, China should focus on its domestic affairs". Chinese shares fell 1.2 percent on Thursday on investor worries about the ...

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  • European Union tariffs on United States goods come into force
European Union tariffs on United States goods come into force

The EU is just region counterpunching against the Trump administration's tariffs. Brussels imposed the raft of duties on USA products worth 2.8 billion euros (USD 3.3 billion) in a tit-for-tat response to Trump's decision to slap stiff tariffs on European steel and aluminium exports.

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  • Could China turn to Iran oil? Former Exxon president weighs in
Could China turn to Iran oil? Former Exxon president weighs in

Sources told Reuters on Thursday that Iran wants any increase to be justified on demand conditions and not dictated by outside external pressure, as even some of Saudi Arabia's traditional allies have accused the kingdom of bending too far to appease us wishes.

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  • United States stocks tumble on latest Trump-China trade threats
United States stocks tumble on latest Trump-China trade threats

Up north, Toronto's TSX dropped 78.8 points to hover at 16,304 and the Russell 2000 index of small-cap stocks lost nearly 9 points to cling to 1,683. An earlier version stated that the S&P 500 closed down 11.18 points at 2,762.57. Last week, he announced 25% tariffs on $50bn in Chinese imports, prompting Beijing to retaliate with matching duties on...

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  • President Trump Highlights Detrimental Impact of Migrant Crisis on Europe
President Trump Highlights Detrimental Impact of Migrant Crisis on Europe

Mrs Merkel is in the middle of a serious domestic row after defending her country's immigration policy. Seehofer wants Germany to have the right to reject migrants who have already registered in another European Union state but Merkel opposes any unilateral move by him that would reverse her 2015 open-door policy and undermine her authority.

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  • Oil prices rise ahead of OPEC’s June 22 meeting
Oil prices rise ahead of OPEC’s June 22 meeting

When OPEC and its allies, which include Russia , Kazakhstan and Mexico, agreed to cut output in late 2016, they announced a 1.8 million-barrel-a-day reduction. "This puts Saudi Arabia in a tough position, as unanimity is needed for any accord to be reached", it added. Iran is most vocal in expressing its opposition, and has said that it would v...

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  • Audi CEO arrested in Germany over dieselgate
Audi CEO arrested in Germany over dieselgate

Last week, the public prosecutor's office in Munich announced it was investigating a total of 20 suspects linked to the never-ending Dieselgate scandal , mentioning it had searched Rupert Stadler's apartment. A Volkswagen representative was not immediately available for comment. Volkswagen Group and Audi confirmed Stadler's arrest th...

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  • European Union retaliatory tariffs to hit U.S. products on Friday
European Union retaliatory tariffs to hit U.S. products on Friday

Ms Malmstrom said: "We did not want to be in this position". The European Union on Friday will slap billions in additional tariffs on US exports in reaction to President TrumpDonald John TrumpConservatives express concern over House GOP immigration bill Poll: McSally holds 14-point lead in Arizona GOP Senate primary Trump defends Nielsen amid ...

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  • Technical issue continues to affect local American Airlines flights
Technical issue continues to affect local American Airlines flights

American Airlines blames the delays on problems with a computer program that deals with flight operations and crew bookings. All inbound flights to Charlotte Douglas International Airport were being held until about 10 a.m. We are also assisting in coordinating ground support with additional busses to bring passengers back to the terminal, as nec...

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