NewsEdge

Steven Spielberg's 'West Side Story' remake opens to low box-office numbers

Despite critical acclaim and two years worth of anticipation, Steven Spielberg's lavish “West Side Story” revival made little noise at the box office, debuting with $10.5 million in ticket sales, according to studio estimates Sunday — a worrisome result for a movie industry struggling to recapture its finger-snapping rhythm.

BlackRock pulling $2 trillion of assets out of State Street

BlackRock Inc. BLK -0.10% is pulling some $2 trillion of assets out of State Street Corp.’s STT -2.29% safekeeping, a move that will reduce the investing firm’s reliance on a small number of parties and lower the fees it pays for back-office work.