Andrew Sheel

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One Wall Street firm admitted that falling in love with oil companies was a 'bad call'

They put out a note to clients on Monday with a couple of changes, including some in the energy sector.<p>At the beginning of the year, the firm changed its positioning to "Overweight". Oil prices had crashed and taken energy stocks along. Energy names looked attractive.<p>But in the note, chief US …

Oil

Hillary Clinton has unveiled her first truly interesting economic proposal

During a speech in New York, she detailed a plan to hike taxes on income from investments that high-income Americans hold for less than six years. It is part of a broader platform designed to fight what she refers to as "quarterly capitalism"—corporate America's focus on maintaining short-term …

Income Inequality

Jay Z's music streaming site isn't about helping musicians — it's about making more money

There was a lot of speculation before the press conference about what Jay Z would announce. New albums from Jay Z, Kanye West and Rihanna were all rumoured. Another smart guess came from the hashtag that musicians were using to tweet about Tidal: #TIDALforALL. Maybe Jay Z's streaming site would …

Billboard Charts

How the 'Fast and Furious' franchise became so successful

That this meat-headed saga of cars being driven quickly and recklessly has somehow become one of America's most trusted film franchises is simultaneously a feat of studio brilliance and a testament to its swollen, yet charming, ensemble cast. <i>The Fast and the Furious</i> launched Vin Diesel, Paul …

Movies

True Story - Trailer 1

A drama centered around the relationship between journalist Michael Finkel and Christian Longo, an FBI Most Wanted List murderer who for years lived …

How ‘Furious 7’ dropped real cars from planes in its most ridiculous stunt yet

One of the men responsible for making those scenes look as realistic as possible is 30-year stunt veteran Spiro Razatos.<p>"For the fourth film ("Fast & Furious") they kind of relied too much on CGI," Razatos told Business Insider. "So they realized they wanted to do less. That's what I do."<p>Razatos is …

Movies

Mark Wahlberg Developing Boston Marathon Bombing Movie

Box office: 'Furious 7' breaks records with $143.6-million opening

"Furious 7" set box-office records and raced to No. 1 with a massive, $143.6-million domestic opening.<p>If early estimates hold, the film will mark the biggest debut for the Universal franchise, which has so far racked up more than $2 billion worldwide. It would also become the ninth-biggest debut in …

London's FTSE 100 Closes Above 7000 for First Time

European equities buoyed by ECB stimulus and signs of corporate sentiment picking up<p>European stocks surged on Friday, with London’s FTSE 100 closing above the 7000 mark for the first time, buoyed by the European Central Bank’s ultra-accommodative monetary policy and a resurgent appetite for …

Stock Markets