LONDON (Reuters) – British retailers have brought forward their Christmas clearance sales online in the hope that shoppers will log on to buy bargains and offset lackluster spending in stores.Marks & Spencer launched its sale online at midday on Monday, it said on its website, while department store John Lewis said it would cut online prices when its stores close at 1700 GMT. Debenhams has already...
Dec
23
Alcohol fraud rising, say traders
Label: Business22 December 2012 Last updated at 20:25 ETBy Emma Forde 5 live InvestigatesUK tax authorities are not doing enough to tackle alcohol duty fraud, claims a leading off-licence chain.Bargain Booze told the BBC that the number of stores telling HM Revenue and Customs that they face illegal competition is rising.Last year HMRC received over 600 reports to its tax hotline relating to alcohol fraud.The Revenue...
3-day trip becomes 3-week ordeal for 2 Jamaicans
Label: WorldSAN JUAN, Puerto Rico (AP) — It was supposed to be a three-day fishing trip at most. It turned into a three-week ordeal, drifting under an intense sun for hundreds of miles in the Caribbean in a small boat with a broken motor.The two Jamaican fishermen survived by eating raw fish they caught and drinking water from melted ice they had brought to preserve their catch. The Colombian navy finally plucked...
Video games and shooting: Is the NRA right?
Label: TechnologyAfter a week of silence following the Sandy Hook school shooting that killed 20 first graders and six staff in Newtown, Conn., the National Rifle Association blamed the entertainment industry – specifically the producers of violent video games for inciting what has become a pattern of gun violence in the United States.In describing the industry, NRA Vice President Wayne LaPierre said, “There exists...
Dec
22
‘Walking Dead’ Showrunner Glen Mazzara Leaving
Label: LifestyleNEW YORK (TheWrap.com) – Glen Mazzara, who led AMC‘s “The Walking Dead” to ratings highs after the exit of Frank Darabont, is leaving the show.The announcement came with the unsurprising news of a fourth-season pickup for the series. It continues AMC’s rocky record with its showrunners, but the network said the decision was mutual.While AMC has clashed with showrunners before over money, a person...
Borrowing grows more than expected
Label: Business21 December 2012 Last updated at 13:03 ETPlease turn on JavaScript. Media requires JavaScript to play. ONS chief economist Joe Grice: “There are straws in the wind that look promising”The government had to borrow slightly more than expected in November.It borrowed £17.5bn, £1.2bn higher than a year earlier, official figures show. Economists had predicted borrowing would fall slightly to about £16bn.However,...
Showrooming little threat to clothiers in ho-hum holidays
Label: WorldChicago (Reuters) – In retail, showrooming has not hit shirts yet.Showrooming, the retail term for shoppers who try a product, then buy it cheaper on Amazon.com or other websites, has driven retailers to the point of hiding barcodes, improving their own websites and coming up with methods to get people to complete their purchase in the store.But brand-name clothing retailers have an advantage over...
Analysis: Apple’s swoon exposes risk lurking in mutual funds
Label: TechnologyNEW YORK (Reuters) – The nearly 28 percent decline in shares of Apple Inc since mid-September isn’t just painful to individual shareholders. It’s also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $ 705 per share.Apple makes up 10 percent or more of assets in 117 out of the 1,119 funds that own its shares, according to data from Lipper,...
Dec
21
“Les Miserables” movie relies on close-ups for emotional punch
Label: LifestyleNEW YORK (Reuters) – For British director Tom Hooper, the key to turning “Les Miserables” from the wildly popular stage musical to a cinematic experience both sweeping and intimate, was all in the close-up.The stage musical has left audiences around the world wiping away tears with its themes of justice, redemption and romantic and familial love. So bringing it to life on screen for fans and filmgoers...
Two Reasons Fiscal Cliff Chaos Is Actually Terrific
Label: BusinessImmediately after House Speaker John Boehner’s Plan B fell apart Thursday night, Dow futures plummeted and the media freaked out (Huffington Post headline: “END OF THE WORLD“). Boehner and his deputies skulked out of the Capitol, humiliated. His Hail Mary plan to create leverage for Republicans in the fiscal cliff negotiations with Republicans lay in tatters. Soon, his speakership may, too.But Plan...
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