Business News

Havana - Up until 2011, Cubans could only sell cars built before the 1959 revolution. In 2011 rules changed so Cubans could buy and sell used cars from each other but had to get authorization from the government to buy new or used vehicles from state retailers.

Beverly Hills - The Academy of Motion Picture Arts and Sciences (AMPAS) is honoring its heritage as in unveiled its new logo. It was also announced that 298 films are eligible for the 2013 Academy Awards.

As the end of the year approaches, all eyes are now on the major awards Hollywood hands out but there is still box office cash to be had.

The UK government has issued a warning to British businesses on the risks of doing business in the Israeli occupied territories.

When a few award nominations in Hollywood are announced, it means an early wake up call. That is true for the SAG Awards, which were announced live this morning (Dec. 11)

After two weeks at the top,"Catching Fire" slipped on the ice of "Frozen." Without a major new release in the way, "Frozen" does indeed take over, at least for now, to the tune of $31.6 million. "Catching Fire" is second with $26.3 million.

It was a one-two punch at the box office that helped it soar to a Thanksgiving holiday record. "The Hunger Games: Catching Fire" and "Frozen" provided a palatable punch to the long holiday.

UPDATE: It was a stuffed Thanksgiving day for movie-goers as the gobbled up tickets in record fashion. "The Hunger Games: Catching Fire" ate up $14.9 million on Thanksgiving while "Frozen" took in $11.9 million.

Businesses are more internet-savvy than ever, and it is important as an entrepreneur to keep up with the times. One of the vital online efforts you should pursue as a businessman is blogging.

The powerful slave drama "12 Years a Slave" leads all films as the Independent Spirit Award were announced today (Nov. 26). The film nabbed seven nominations.