Hollywood eyes $70 zombie movie wowing Cannes

A budding British director is enjoying success on a shoestring at Cannes with "Colin," a new zombie feature that cost a scarcely believable $70 to make. Japanese distributors are currently in negotiations for the rights to the film and buzz around the no-budget zombie chiller has attracted interest from some major American distributors — all of which is a very nice surprise for the team behind “Colin.” “We were almost fainting at the list of people who were coming [to the final market screening of the film],” said Helen Grace of Left Films who is helping the film’s director Marc Price publicize the film in Cannes

Share

EU slashes cell phone roaming costs

European Union lawmakers voted Wednesday to slash the cost of texting and surfing the Internet on cell phones abroad. As of July 1, the cost of a text message sent from one EU country to another will drop from around €0.28 ($0.36) to €0.11 ($0.14). According to a statement on the European Union’s Web site, the age of consumers expecting “bill shocks” for downloading a picture or a movie from a cell phone while roaming in the EU is over

Share

Is the Future of Electric Cars in China?

Like drowning men grasping the only piece of buoyant driftwood in sight, top executives from the world’s beleaguered auto industry arrived in Shanghai this week for the city’s 2009 auto show, unveiling their newest brands in the only car market in the world that continues to grow. Some of the show’s stars are predictable, drawing crowds of reporters and photographers on Monday, media day: a stunning new Lexus convertible, the reborn Chevy Camaro from General Motors and the worldwide debut of Porsche’s new luxury sedan, the Panamera.

Share

Canned Ham, Going Once, Going Twice: Grocery Auctions Soar

This Friday, as he has done almost every Friday for the past four years, Ron Peterson will offer antiques, coins, jewelry, furniture and cars at the weekly auction he runs in Monroeville, New Jersey. This is all typical fare for the bidding business

Share

Southeastern States Are Hit Hard By Recession

The South, long synonymous with hyper economic growth, is going through a harrowing recession. Currently, 8 of the 15 states with the highest unemployment rates are in the South: North and South Carolina, Georgia and Florida are all reporting the highest rate in their state’s history. South Carolina posted the nation’s third-highest unemployment rate for March — 11.4%, after Michigan and Oregon

Share