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Theater chain AMC says it could run out of money by the end of the year, according to multiple reports.AMC Theatres said Tuesday that its existing cash resources would be "largely depleted" by the end of this year or early next year because of the "reduced movie slate for the fourth quarter," as well as "the absence of significant increases in attendance from current levels."The company says they either need to sell more tickets or find new ways to borrow money.AMC has about 500 of their 600 American theaters open at between 20-40 percent capacity depending on local regulations to stop the spread of the coronavirus.Cineworld Group, which owns Regal Cinemas, announced last week it would suspend operations at all theaters in the US and UK.Meanwhile, the film industry has pushed release dates or gone straight to streaming platforms as the pandemic continues to disrupt theater attendance and filming schedules.Marvel’s “Black Widow” and the latest James Bond film “No Time to Die” were pushed to 2021. Pixar’s “Soul” will not appear in theaters and will go straight to Disney+, like Disney’s live-action remake of “Mulan.”There are only a few new films still slated for a 2020 release, including Universal’s “The Croods: A New Age,” Disney’s “Free Guy,” Paramount Pictures’ “Coming 2 America” and Warner Bros.′ “Wonder Woman 1984.” 1348
Top Republicans in Congress were expecting to meet Monday with President Donald Trump on the next COVID-19 aid package as the administration panned more virus testing money and interjected other priorities that could complicate quick passage.Senate Majority Leader Mitch McConnell was prepared to roll out the trillion package in a matter of days. But divisions between the Senate GOP majority and the White House posed fresh challenges. Congress was returning to session this week as the coronavirus crisis many had hoped would have improved by now only worsened — and just as earlier federal emergency relief was expiring.Trump insisted again Sunday that the virus would “disappear,” but the president’s view did not at all match projections from the leading health professionals straining to halt the U.S.’s alarming caseloads and death toll.McConnell and House GOP leader Kevin McCarthy were set to meet with Trump and Treasury Secretary Steven Mnuchin “to fine-tune” the legislation, acting chief of staff Mark Meadows said on Fox News.The package from McConnell had been quietly crafted behind closed doors for weeks and was expected to include billion to help schools reopen, reduced unemployment benefits alongside a fresh round of direct ,200 cash payments to Americans, and a sweeping five-year liability shield against coronavirus lawsuits.But as the White House weighed in, the administration was panning some billion in proposed new funds for testing and tracing, said one Republican familiar with the discussions. The administration’s objections were first reported by The Washington Post.Trump was also reviving his push for a payroll tax break, which was being seriously considered, said another Republican. Both spoke on the condition of anonymity to discuss the private talks.The new push from the White House put the administration at odds with GOP allies in Congress, a disconnect that threatened to upend an already difficult legislative process. House Speaker Nancy Pelosi already passed Democrats’ vast trillion proposal and virus cases and deaths had only increased since.Trump raised alarms on Capitol Hill when he suggested last month at a rally in Oklahoma that he wanted to slow virus testing. Some of Trump’s GOP allies wanted new money to help test and track the virus to contain its spread. Senate Democrats were investigating why the Trump administration had not yet spent some of billion previously allocated for testing in an earlier aid bill.The payroll tax Trump wanted also divided his party. Senate Republicans in particular opposed the payroll tax break as an insufficient response to millions of out-of-work Americans, especially as they tried to keep the total price tag of the aid package at no more than trillion.Trump said Sunday in the Fox News interview that he would consider not signing any bill unless it included the payroll tax break, which many GOP senators opposed.“I want to see it,” he said.Lawmakers were returning to a partially closed Capitol still off-limits to tourists to consider what will be a fifth COVID-19 aid package. After passing the .2 trillion relief bill in March, Republicans hoped the virus would ease and economy rebound so more aid would not be needed.But with COVID-19 cases hitting alarming new highs and the death roll rising, the pandemic’s devastating cycle was happening all over again, leaving Congress little choice but to engineer another costly rescue. Businesses were shutting down again, schools could not fully reopen and jobs were disappearing, all while federal emergency aid expired.“It’s not going to magically disappear,” said a somber McConnell, R-Ky., last week during a visit to a hospital in his home state to thank front-line workers.As McConnell prepared to roll out his trillion-plus proposal, he acknowledged it would not have full support.The political stakes were high for all sides before the November election, but even more so for the nation, which now registered more coronavirus infections and a higher death count than any other country.Just as the pandemic’s ferocious cycle was starting again, the first round of aid was running out.A federal 0-a-week boost to regular unemployment benefits would expire at the end of the month. So, too, would the federal ban on evictions on millions of rental units.With 17 straight weeks of unemployment claims topping 1 million — usually about 200,000 — many households were facing a cash crunch and losing employer-backed health insurance coverage.Despite flickers of an economic upswing as states eased stay-at-home orders in May and June, the jobless rate remained at double digits, higher than it ever was in the last decade’s Great Recession.Pelosi’s bill, approved in May, included billion for testing and tracing to try to get a handle on the virus spread, funneled 0 billion to schools to safely reopen and called for trillion to be sent to cash-strapped states to pay essential workers and prevent layoffs. The measure would give cash stipends to Americans, and bolster rental and mortgage and other safety net protections.In the two months since Pelosi’s bill passed, the U.S. had 50,000 more deaths and 2 million more infections.“If we don’t invest the money now, it will be much worse,” Pelosi said. 5309
There’s no doubt that this is probably one of the most polarizing election years in history.The tension can cause anxiety. According to the American Psychological Association, two in three adults say this election has been a major source of worry. Now health experts say that stress could also affect our children.Child and adult psychiatrist Dr. Judith Joseph has some advice for parents to help manage their children's anxiety during this time of unrest.She says it starts with communication. When there's a lot of stress in the environment, Dr. Joseph says that also cause the cortisol levels to also go up causing you to lose focus. It's important to talk to your children to find out how they're feeling.Next, use the election as a teaching moment and reassure them they are safe no matter the outcome. Create a project that involves kids learning about the voting process and how government works. Also, limit news exposure. Getting too much screen time can only lead to more anxiety.Furthermore, while creating a large change may be a bit of a stretch, Dr. Joseph urges parents to be honest about what’s happening in the world and focus on empowering our youth by allowing them to give back locally.Finally, encourage kids to keep a journal. Writing will also help them manage sleep and anxiety, further putting them on the right path to getting through these rough times worry free.This story was originally published by Stacy-Ann Gooden at WPIX. 1462
They've been ignored for decades, but now, drive-in movie theaters are making a huge comeback. It's the only place where large crowds of people can see a movie together, and still maintain a social distance.Usually on vacant lots or in rural areas, the drive-in was hugely popular. Until it wasn't. Fancy theaters took over and many of those sites became a piece of history, the empty lots they sat on often doubling as a swap meet.“It’s been one of the most interesting stories of the pandemic, in terms of the movie business, is that drive-ins, which have been mostly ignored since the 70s and 80s, have become the focal point for theatrical movie going and for people who want to get out of the house and go to the movies, because those are the spaces that are open and I think it will have an impact going forward,” said Ross Melnick, professor of film and media studies at the University of California Santa Barbara.Melnick is also the man behind the website Cinema Treasures. The site provides research on more than 50,000 theaters around the world. “It features memories, comments, data, photographs; it’s a globally crowd-sourced information database in which people can talk about when they worked at theaters, the information they have on them. as well as remembering their history and contemporary function,” he explained.Now, it's a social site. People keeping in touch, remembering their favorite theaters, and their favorite memories. “When you’re home, you’re thinking about what you’re missing, what you used to do--used to go to the restaurant, coffee shop and one of the things they used to do is go to the movies,” Melnick said.The Memphis-based Malco Theatres has been a family business since 1915. There are 36 locations and one drive-in, which recently reopened. Malco called it a "socially distant cinematic success."“It’s selling out. It’s like the glory days,” said David Tashie, president of Malco Theatres. “Cars are piling in. The food is different, there’s walk-up tents and we’re bringing the food, so it’s definitely making a surge, and hopefully it continues when the indoor theaters open."The "glory days" as shown from this newspaper clipping on the cinema treasures site. Malco Theatres have been through a lot through the decades, having to adapt to every technological evolution. “We were the first to integrate theatres,” said Tashie. “We’ve survived Spanish flu, wars.”And now, they've survived a pandemic. “There’s a lot of history here we’re trying to protect and we’re on it, and Hollywood needs to keep delivering movies and we’ll have great places to show them,” he said.The Summer Drive-in is not alone. Melnick says there's been pop-up drive-ins all over the country and world. Some are so full they're turning people away. It's the one place where people can be together, even if they're not. "The longevity of the kind of business it creates a stake in the community there’s this continuum you have this place that and multiple generations have grown up in the area,” Melnick said. “The summer drive-in is this consistent location for rites of passage- childhood, teenage hood or parenthood. You have this consistency.” 3175
Thousands of migrants are about to be at Mexico's doorstep. And US Secretary of State Mike Pompeo is about to meet with officials in Mexico's capital.The Honduran migrants, trekking in a caravan toward Mexico's southern border, say they're headed for the United States -- fleeing violence and searching for economic opportunity.Pompeo is headed to meetings in Mexico City with a message for leaders there about the massive caravan of migrants: Stop them before they reach the US border.The key questions: Will Mexico let the migrants in? And what will happen if they do? 593