George Clooney

You may soon be able to stay at a hotel owned by Louis Vuitton. Belmond LTD (NYSE: BEL) shares were soaring Friday after news broke that the company will be acquired by LVMH Moet Hennessy Louis Vuitton SA ADR (OTC: LVMUY). What Happened Belmon — a hospitality company that owns,...

Diageo plc (ADR) (NYSE: DEO) announced Wednesday that it will acquire George Clooney’s tequila company Casamigos for up to $1 billion. Diageo is the parent company of several major alcoholic beverages including Smirnoff, Captain Morgan and Guinness. The company will pay $700 million, with the...

Not all presidential endorsements are created equal. Last week, a KKK paper has endorsed Donald Trump. His campaign called the endorsement “repulsive.” With the election just a day away, newspaper editorial boards have been rolling out the endorsements right and left. Notable Hillary...

Universal's box office luck in 2015 was second-to-none. With the exception of a "Star Wars"-fueled frame for Walt Disney Co (NYSE: DIS), no other studio came close to the level of success held by the Comcast Corporation (NASDAQ: CMCSA)-owned film giant. With "Jurassic World," "Minions," "Pitch...

Roughly three weeks into its launch, Walt Disney Co (NYSE: DIS)'s "Tomorrowland" is on track to be the worst-performing movie in the company's history. The movie has grossed just $171 million in box offices worldwide, compared to a cost of $330 million to produce and market the film. By the time...

Tesla (NASDAQ: TSLA) founder and CEO Elon Musk told CNBC the automaker will not issue a recall after a third Model S caught fire. "There's definitely not gonna be a recall," he told the network. "There's no reason for a recall." Musk said the perception is that Tesla vehicles have a greater...

Despite the fact that the number of screens showing 3-D films increased to nearly 15,000 in 2012, moviegoers are showing less interest in the three-dimensional format. According to The New York Times, this summer’s 3-D offerings like Turbo, produced by DreamWorks (NASDAQ: DWA) and distributed...