National / International News
A Papa John's driver who shot a robbery suspect in the face will not be fired, despite her violation of the company's policy against employees carrying guns. The employee will now work inside a store.
This morning, the Academy Awards announced its 2015 nominees for what has been – at least from a business standpoint – a bad year for movies.
In 2014, the overall domestic box office reported a 5 percent drop from 2013. Americans age 12 to 24 saw 15 percent fewer movies in theaters during the first three quarters of 2014, suggesting that young people aren't interested in shelling out for feature films. The year also featured a magnificent summer slump, a reported 7-year low for domestic theater attendance.
The Academy Awards (apart from being an event where pretty people prance around in fancy clothes and clap for one another) has over the years made money for Hollywood. And it makes sense. When the winners, or even just the nominees, are announced, people want to see what all the hype is about. So they invest.
In honor of the new Oscar nominees, here are some random facts about the entertaining economic force that is the Academy Awards:
(Seth Kelley/Marketplace)(Seth Kelley/Marketplace)(Seth Kelley/Marketplace)
Like Amedy Coulibaly, the man who authorities say carried out the deadly attack in Paris, Lassana Bathily is a Muslim with ties to Mali. Last week, he saved several people from Coulibaly.
Next week, the world's rich and famous will descend on the small town of Davos, Switzerland. for the annual meeting of the World Economic Forum, which is essentially an invite-only schmooze-fest in the Alps.
Since the value of the Swiss franc rose 15 percent this morning, the exchange rate is going to make Davos a lot more expensive, Bloomberg points. Especially for Americans.
For instance, a Johnnie Walker Blue Label whisky at the Belvedere Hotel in Davos would set you back about $41. That's $6 more than yesterday. And a double room at that hotel — at last check — would cost $1,133 each night.