Business

Rishi Sunak has written to Boris Johnson warning that the UK’s travel restrictions are “out of step” in comparison to other countries, reports suggest. According to the Sunday Times newspaper, the chancellor has raised concerns with the prime minister about the damage that the current border controls are doing to the UK’s economy and has
0 Comments
On Saturday, the Los Angeles County Department of Public Health reported 11 new deaths from Covid-19, along with 3,318 new positive cases and 1,008 hospitalizations. Public Health said that hospitalizations are up 45% since last Saturday. 23% of those currently hospitalized are in the ICU. The number of deaths and confirmed cases reported today may reflect
0 Comments
Harvey Weinstein’s lawyers are asking a judge to order grand jury transcripts and exhibits sealed in the case of the disgraced film producer, contending that the documents’ release could prejudice Weinstein’s right to a fair trial on charges involving five women. Those charges include forcible rape. “Few cases in recent history have garnered the amount
0 Comments
Upcoming negotiations for a new film and TV contract covering members of Hollywood’s Teamsters Local 399 “will be more difficult than usual, as the companies try to make up for Covid losses on our backs,” Local 399 leader Steve Dayan said in a message to his members. The union’s current contract had been set to
0 Comments
This Simonetta Lein Show, along with its premier of Season Three, has continued its series of panel interview episodes, showcasing local and international entrepreneurs, business owners, and artists, looking to share their industry insights and experiences. For the 9th consecutive panel episode, The Simonetta Lein Show showcases the topic, “How Can You Turn Passions Into
0 Comments
Cinema group Cineworld has secured an additional $200m of incremental loans from existing lenders as it looks to ride out the ongoing pandemic. The loans mature in May 2024. The company has also agreed covenant amendments on certain of its existing debt facilities, including reducing the minimum liquidity requirement and relaxing limitations on the use
0 Comments
NatWest has restored shareholder dividends after swinging back into profit, significantly beating expectations. The state-backed bank posted a pre-tax profit of £2.5bn for the six months to June, compared with a loss of £770m the year before. It makes NatWest the latest bank to smash forecasts, following on from both Barclays and Lloyds earlier this
0 Comments
The US economy has recovered to surpass its pre-pandemic peak according to official figures – though growth was slower than expected in the latest quarter. Robust consumer spending fuelled by vaccinations and government stimulus helped gross domestic product (GDP) grow at an annualised rate of 6.5% in the April-June period, according to the bureau of
0 Comments
The competition watchdog has imposed fines totalling £100m in the latest case of so-called price gouging that saw patients lose access to a free drug on the NHS. The Competition and Markets Authority (CMA) found that pharmaceutical company Advanz charged “excessive and unfair prices” for supplying liothyronine tablets, which are used to treat thyroid hormone
0 Comments
Airlines are putting pressure on the government to exempt fully-vaccinated Americans and EU visitors from quarantine on their arrival to the UK. Amid widespread reports ministers could announce such a move as early as Wednesday, British Airways and Virgin Atlantic – as well as Heathrow Airport – have claimed a recent trial demonstrates how international
0 Comments
The Corona Police Department reported that at approximately 11:45 p.m. on Monday night its officers responded to a call for service at The Regal Edwards Corona Crossings RPX theater. Upon arrival, officers located a male and female both suffering from gunshot wounds. The 19-year-old male, from Corona, was transported to a local hospital with life-threatening
0 Comments