THE MOVIE MUSICAL! By Jeanine Basinger There’s a particularly poignant scene in “Stormy Weather” (1943), one of the great all-black musicals made during the studio era, in which the bandleader Cab Calloway has his orchestra play the title song before a crowd of nightclub patrons. The curtain opens on Lena …

Shares of RH surged Friday after word that Warren Buffett’s Berkshire Hathaway had bought a stake in the furniture retailer. What the crowd piling into the company formerly known as Restoration Hardware doesn’t realize is that the Oracle of Omaha has been on a bit of a cold streak. The …

The Dow Jones Industrial Average just hit a fresh record, but under the hood it’s more complicated. Eleven Dow stocks, or more than a third of its components, are still in a correction or worse – those include Cisco, 3M, Pfizer, Exxon Mobil, Boeing and UnitedHealth among others. Two traders agree …

The analyst who uncovered Carl Icahn’s recent purchase of HP and Warren Buffett’s backing of Occidental Petroleum now says a big investor may be sniffing around Netflix. Don Bilson, head of event-driven research at Gordon Haskett, said it looks like Nomura Holdings picked up 1.89 million Netflix shares in the …

A pair of female “Survivor” contestants say they’re sorry for taking advantage of a third woman’s complaints about unwanted physical contact in order to advance in the game. The apologies came after a two-hour Wednesday night episode of the popular CBS show, in which the women said that a male …

Uber CEO Dara Khosrowshahi arrives at the New York Stock Exchange as his company makes its initial public offering, Friday, May 10, 2019. Richard Drew | AP Uber’s stock is trading well below the price it debuted at earlier this year but Barclays made the case for how the ridesharing …

Applied Materials is surging. The company and fellow chipmaker Nvidia boosted the SMH semiconductor ETF on Thursday after topping quarterly estimates. Those gains add to a major comeback for the semis space. The ETF, whose top components include Intel and AMD, has rocketed 9% in the past month. Applied Materials jumped 5.5% in Friday’s …

Trading Costco here may be worth the cost. So says Todd Gordon, founder of TradingAnalysis.com, who found the recent action in the consumer staples sector as a whole — and Costco’s stock in particular — to be worth investors’ attention. “I’m seeing the overall market being a little overbought, which …

Global debt hit a record high of over $250 trillion in the first half of this year, led by a surge in borrowings in the U.S. and China, according to a new report. The report, released by the International Institute of Finance (IIF) on Thursday, showed that global debt surged …

James I. Robertson Jr., an authority on the Civil War who published several dozen deeply researched books that humanized historical figures like Stonewall Jackson, died on Nov. 2 at a hospital in Richmond, Va. He was 89. His wife, Elizabeth Lee Robertson, said the cause was complications of metastatic cancer. …