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LONDON, England — A Banksy painting self-destructed right after it was won at a Sotheby's auction last week, and the bidder, whose identity has not been made known, will still go through with the purchase.The London auction house said 1.04 million pounds was paid for "Girl With Balloon", which surprised everyone in the room when the painting partially moved through a shredder concealed in the frame.The painting has been retitled "Love is in the Bin" and authenticated by Banksy, an artist with a face no one has seen. 534

LONDON (AP) — Johnny Depp has lost his high-stakes libel case against the Sun tabloid newspaper for labeling him a “wife beater.”Depp sued News Group Newspapers, publisher of The Sun, and the newspaper’s executive editor, Dan Wootton, over an April 2018 article that accused him of assaulting his then-wife and fellow actor Amber Heard.Depp has denied the allegations, but Heard insisted in court that he had abused her.In his ruling, the British judge pointed to several episodes that he said showed the actor’s ex-wife had feared for her life.Justice Andrew Nicol said Monday that the defendants had proved that what they published was “substantially true” during a high-profile trial in London over the summer that included lurid — and irreconcilable — accounts from Depp and Heard.Depp’s lawyers said they would appeal the decision. 844

LOS ANGELES (CNS) - The Securities and Exchange Commission announced Friday that Calabasas-based Cheesecake Factory Inc. will pay a 5,000 penalty for making "false or misleading" disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition.This is the first time the SEC has brought allegations against a public company for misleading investors about the financial effects of the pandemic.According to the SEC's order, the Cheesecake Factory restaurant group said in regulatory filings in March and April that its eateries were "operating sustainably," while failing to disclose that the company was losing roughly million in cash per week and had just 16 weeks of cash remaining.The order finds that although the company did not disclose the information in its filings, the group did share the particulars with potential private equity investors or lenders as it sought additional liquidity during the public health crisis.Without admitting the SEC's findings, the restaurant company agreed to pay the penalty and to cease-and-desist from further violations of the charged provisions. In determining to accept the settlement, the SEC said it considered the cooperation afforded by the company.A Cheesecake Factory representative pointed to a disclosure form filed Friday in which the company stated it was in full compliance with the cease- and-desist order and that the company "fully cooperated with the SEC in the settlement" without admitting or denying the regulators' allegations.The order also finds that although the March filing described actions the company had undertaken to preserve financial flexibility during the pandemic, it failed to disclose that Cheesecake Factory already had informed its landlords that it would not pay rent in April due to the impacts that COVID- 19 inflicted on its business."During the pandemic, many public companies have discharged their disclosure obligations in a commendable manner, working proactively to keep investors informed of the current and anticipated material impacts of COVID-19 on their operations and financial condition," SEC Chairman Jay Clayton said. "As our local and national response to the pandemic evolves, it is important that issuers continue their proactive, principles-based approach to disclosure, tailoring these disclosures to the firm and industry-specific effects of the pandemic on their business and operations. It is also important that issuers who make materially false or misleading statements regarding the pandemic's impact on their business and operations be held accountable."Cheesecake Factory had notified its landlords that it wouldn't pay rent on April 1 due to financial complications stemming from the coronavirus outbreak. A letter sent by Chief Executive David Overton to the restaurant group's landlords -- many of which are shopping mall operators -- was released publicly in March by Eater L.A.The company has 294 restaurants in North America, 39 in California and five in San Diego County.Its largest landlord is Indianapolis, Indiana-based real estate company Simon Property Group, which provides space for 41 Cheesecake Factory locations, according to the San Fernando Valley Business Journal."When public companies describe for investors the impact of COVID-19 on their business, they must speak accurately," said Stephanie Avakian, director of the SEC's Division of Enforcement. "The Enforcement Division, including the Coronavirus Steering Committee, will continue to scrutinize COVID- related disclosures to ensure that investors receive accurate, timely information, while also giving appropriate credit for prompt and substantial cooperation in investigations." 3725

LOS ANGELES (AP) — California health officials Tuesday urged consumers to stop vaping marijuana or tobacco products until investigators determine why hundreds of people nationwide have been sickened after using the devices.Ninety people with a history of vaping have been hospitalized for severe breathing problems and lung damage in the state, and two people have died. With no known cause, officials say consumers should refrain from vaping of any kind until investigations are completed."We are seeing something that we have not seen before," Acting State Public Health Officer Charity Dean said in a statement. "There are numerous unknown factors at this time, and due to the uncertainty of the exact cause, it is our recommendation that consumers refrain from vaping until the investigation has concluded."RELATED: Second vaping-related death in Kansas brings nationwide total to nineOver 500 cases have been reported across the U.S., and the Centers for Disease Control and Prevention is investigating the mysterious outbreak but has not yet identified a common electronic cigarette or ingredient as the culprit in the rash of illnesses.Symptoms can include chest pain, nausea, vomiting, diarrhea, fatigue, fever and weight loss.RELATED: 11 San Diego illnesses linked to vaping, officials sayIn its health advisory, the state Public Health Department specifically warned against using cannabis products from illegal dispensaries that could be holding tainted oil."Illegal cannabis dispensaries sell unregulated and untested cannabis products and absolutely should not be used," the agency said.RELATED: El Cajon to consider city ban on vapingLast week, Democratic Gov. Gavin Newsom announced that the state will spend million on a public awareness campaign about the dangers of vaping nicotine and cannabis products and step up efforts to halt the sale of illicit products.The Associated Press reported earlier this month that shops in downtown Los Angeles are openly selling packaging and hardware that can be used to produce counterfeit marijuana vapes that have infiltrated the state's cannabis marketplace. 2128

LOS ANGELES (AP) — Lawyers for a church with more than 160 congregations across California say they will seek an immediate court order allowing indoor worship after the Supreme Court told a lower federal court to reexamine state coronavirus restrictions on church services. The victory Thursday for Pasadena-based Harvest Rock Church and Harvest International Ministry follows a recent high court ruling in favor of churches and synagogues in New York. “The bottom line result is that where the court needs to go is inevitable,” said Attorney Mathew Staver, who represents the church. “What the court did last week and what they did today, it’s a whole new landscape and I think they’ve telegraphed quite clearly the direction they’re going.”RELATED: San Diego County issues COVID-19 outbreak notices for two more Awaken Church locationsThe Supreme Court order came the day after restaurants gained some traction in their challenge to a Los Angeles County ban on outdoor dining. The cases represent rare gains in legal challenges of COVID-19 regulations. 1062

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