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The outlook for Germany's Bayer looks increasingly grim as court damages tied to the weedkiller Roundup begin to pile up.A jury in California on Monday awarded 172

The show must go on. Most AMC Theatres are remaining open despite calls for the public to practice in social distancing and avoid crowded venues. But with the recent advent of reserved seating, the large theater chain is able to force social distancing within its cinemas. AMC announced that starting Saturday, all cinemas nationwide will be capped at 50% capacity. The chain also said that in auditoriums with more than 500 seats, seating will be capped at 250. In states with more restrictive bans on large gatherings, AMC said it would abide by state law. For instance, in Ohio, no auditorium can hold more than 100 people at a given time. Many other cities and states have implemented similar bans. AMC Theatres' CEO said that it wants to offer the public a "clean, healthy, entertaining environment.""The health and safety of our guests and theater teams are of the utmost importance to AMC," CEO Adam Aron said. "Therefore, AMC is proactively taking action to cut in half the number of tickets that we will make available at all our U.S. theaters. With this action, we are facilitating the ‘social distance’ between guests who still want to see movies on a big screen.” 1187

The top official at the New York prison that had housed Jeffrey Epstein before his apparent suicide is being moved temporarily as the FBI and the Justice Department's inspector general investigate the circumstances of the death.Two employees at the Metropolitan Correctional Center who had been assigned to Epstein's unit are also being placed on administrative leave, Justice Department spokeswoman Kerri Kupec said, adding that "additional actions may be taken as the circumstances warrant."The moves, which were directed by Attorney General William Barr, come one day after Barr said there were "serious irregularities" at the New York prison, and that he was "appalled" and "angry" to learn of the facility's "failure to adequately secure this prisoner."This story is breaking and will be updated. 813

The owner of Schick razors needs to close the gap with Gillette, its biggest rival. So it's turning to new blood to make that happen.Edgewell Personal Care is buying the upstart razor maker Harry's, the two companies announced Thursday. The deal values Harry's at nearly .4 billion.Harry's started in 2013 and quickly expanded by selling low-priced razors online. Edgewell, meanwhile, owns some of the most established brands in the field — including Schick, which started in 1921. Edgewell also owns Wilkinson Sword, a major European brand that has been making razors since 1898.But Edgewell trails its main rival, Gillette, by a large margin. Gillette is a unit of Procter & Gamble, and accounted for about 10% of that company's .8 billion in revenue — about billion — last year. By comparison, Edgewell reported .2 billion in revenue during its most recent fiscal year.Sales for the first six months of this year fell 7% compared to a year earlier, Edgewell reported Thursday. But CEO Rod Little told investors that the company expects revenue to rise to .7 billion in its first full fiscal year after it acquires Harry's. The deal is expected to close early next year.Little said Edgewell was drawn to Harry's success with building a brand and marketing directly to consumers."We've been talking about it for a while," he said on an earnings call. "And when you look at what Harry's has done, we've looked at that from afar for a long time," he told investors."The deal also could help Harry's cut costs. Despite its success, Little said the business is only approaching the breakeven point this year.Investors didn't immediately embrace the purchase. Shares of Edgewell fell nearly 13% in midday trading Thursday.Harry's founders Andy Katz-Mayfield and Jeff Raider will stay on to run the combined companies' US business. Raider was also one of the founders of the eyeglass maker Warby Parker. The two of them had been friends since college.Harry's is not the first razor startup to be acquired by a more established company.In 2016, Unilever bought 2083

The US economy grew at an annual rate of 2.1% in the second quarter, the Commerce Department announced Friday.That's better than economists had expected, but slower than the 3.1% pace 196