Business

US financial market regulators are to review the extraordinary rallies in the shares of struggling gaming retailer Gamestop, part-driven by participants of an investor forum on Reddit. The Securities and Exchange Commission said it was working with fellow regulators to “assess the situation and review the activities of regulated entities, financial intermediaries, and other market
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Two days after California Governor Gavin Newsom suddenly announced he was rescinding his Regional Stay-at-Home Order, deaths statewide and in L.A. County remained at near-record levels. Los Angeles officials announced on Wednesday that the county had recorded 307 virus-related deaths in the past 24 hours. That’s just 11 short of the highest-ever total of lives
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On Tuesday, Johns Hopkins University revealed that Covid-19 had infected more than 100 million people globally. That milestone comes a little over one year since the first case was confirmed in the United States. The U.S. now accounts for over one-quarter of those 100 million cases, even though it has only 4% of the world’s
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Two CBS local television executives are on administrative leave starting Monday night after a report by the Los Angeles Times alleges the bosses of inappropriate conduct towards women and people of color. A statement from CBS confirmed that President of the CBS Television Stations Peter Dunn and Senior Vice President, News David Friend have been
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A bankruptcy court judge Monday confirmed a liquidation plan for the former Weinstein Co., which filed for Chapter 11 three years ago as disgraced mogul Harvey Weinstein imploded in a sea of sexual abuse and harassment accusations. Weinstein the man is serving a 23-year sentence for rape and assault at a correctional facility in upstate
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Actress and director Asia Argento has come forward and accused The Fast and the Furious and xXx director Rob Cohen of sexual assault. A staunch, outspoken voice who was one of the many that accused Weinstein of harassment, Argento revealed the allegations against Cohen in an interview with the Italian newspaper Il Corriere della Sera. Argento told the
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The government is working to persuade Vauxhall’s parent company to commit to future production at its Ellesmere Port plant, Business Secretary Kwasi Kwarteng has said. Stellantis says it will decide the fate of the Cheshire plant, which employs around 1,000 people directly, “in the coming weeks”. Ellesmere Port currently makes the Astra, a model which
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UPDATED, 3:47 PM PT: The second impeachment trial of Donald Trump will start the week of February 8, giving time for the former president’s team to prepare its defense and for the Senate to confirm Joe Biden’s cabinet nominees. Senate Majority Leader Chuck Schumer gave the timeline on Friday. The article of impeachment against Trump
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