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What Netflix’s acquisition of Warner Bros. means for movies

Netflix’s deal to acquire Warner Bros., one of Hollywood’s oldest movie studios, poses seismic shifts to the entertainment industry and the future of moviegoing. As one of the remaining “big five” studios, the 102-year-old Warner Bros. is an essential part of movie theater business. The studio currently boasts three of the top five earning films domestically, including “A Minecraft Movie,” in first place, “Superman” and “Sinners,” as well as the Oscar frontrunner, “One Battle After Another.” There are more questions than answers about how ownership from a ...

Wall Street edges to all-time high

NEW YORK — The U.S. stock market rose to the edge of its all-time high on Friday. The S&P 500 added 0.2% and finished just 0.3% shy of its record closing level, which was set in October. It had briefly topped the mark during the day, before paring its gain. The Dow Jones Industrial Average added 104 points, or 0.2%, and the Nasdaq composite gained 0.3%. The modest moves capped a quiet week for Wall Street, offering a respite following weeks of sharp and scary swings. Ulta Beauty helped lead the market and jumped 12.7% after the retailer reported stronger profit and revenue for ...

Sheetz For the Kidz begins

For the entire month of December, customers at all 800-plus Sheetz stores throughout Pennsylvania, Michigan, Maryland, Ohio, North Carolina, Virginia and West Virginia can support local families in need of clothes, toys and more this holiday season. Customers can do this by making a donation at check-out through donation boxes or adding donations to their purchase at the point of sale. New this December, customers placing online orders also have the option to donate by rounding up their total or adding a donation to their purchase. Sheetz For the Kidz hosts these in-store campaigns ...

Briefcase

CARLISLE Giant supports hunger relief In celebration of Giving Tuesday, The Giant Co. announced $60,000 in donations to local Salvation Army Corps and 3,000 hams to area hunger relief organizations. The Giant Co. is supporting The Salvation Army’s holiday hunger relief programs by donating $5,000 to 12 Salvation Army locations for a total donation of $60,000. In addition, The Giant Co. is donating 3,000 hams to 20 food banks and pantries across its operating area this month, including the Nehemiah Project in Altoona. Customers can also join The Giant Co. to make a ...

Briefcase: Business news of local interest

UGI bills going up slightly UGI Utilities Inc. has announced a smaller-than-expected increase in the purchased gas cost rate beginning on Dec. 1. As a result, the average residential heating customer receiving gas supply from UGI will see their total bill increase 0.9%, raising their total average monthly bill from $118.43 per month to $119.49 per month. Utilities are required by law to pass the cost of the natural gas they purchase directly through to customers without any markup. UGI Utilities Inc. is a natural gas and electric utility company that serves more than 760,000 ...

Family legacy: Father-son restaurant Pho Love opens in Altoona

For some, the American dream is still attainable with perseverance and hard work. “My father was a post-war immigrant who had a dream of opening a Vietnamese restaurant,” said Kenneth Van Nguyen, who owns the new Pho Love restaurant in the Park Hills Plaza with his father, Pae ...