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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 on Capitol Hill have made a concerted decision in their Russia inquiries: They are staying away from digging into the finances of President Donald Trump and his family.Six Republican leaders of key committees told CNN they see little reason to pursue those lines of inquiry or made no commitments to do so -- even as Democrats say determining whether there was a financial link between Trump, his family, his business and Russians is essential to understanding whether there was any collusion in the 2016 elections.Republicans have resisted calls to issue subpoenas for bank records, seeking Trump's tax returns or sending letters to witnesses to determine whether there were any Trump financial links to Russian actors -- calling the push nothing more than a Democratic fishing expedition. 820
There have now been more than 2 million confirmed cases of the novel coronavirus in the United States, according to a database kept by Johns Hopkins University.The U.S. surpassed the milestone early Thursday morning. More than 112,000 people have died in connection with the virus in the United States — all of them coming since February.Across the country, many regions are seeing a gradual increase in cases as states ease lockdown restrictions. Earlier this week, 14 states reported 7-day highs associated in newly-reported cases. Some of those see increases have occurred in rural areas of the country.More than 7.25 million people worldwide have contracted the disease since it was first detected in China late last year. The U.S. continues to lead all countries in confirmed cases, followed by Brazil (about 740,000 cases), Russia (about 493,000 cases) and the United Kingdom (about 290,000 cases).The U.S.also leads all countries in deaths linked to the virus, followed by the U.K. (about 41,000), Brazil (about 38,000) and Italy (about 34,000).Health experts suspect that the true number of people who have been infected with the coronavirus is likely much higher. Many people often experience mild symptoms and never seek out a test. Some countries, like the U.S., were also limited by a lack of testing resources at the beginning of the outbreak.Though there is currently no cure or vaccine for the coronavirus, Dr. Anthony Fauci of the National Institute for Allergies and Infectious Diseases says he hopes the NIH will have a "couple hundred million" doses of a viable vaccine available by the end of the year. 1630
This election season, Demetrius Short is hustling to get his people to the polls.“We have the wonderful opportunity as African American men to be here today,” Short said to a group of young African American voters outside a polling site in Nashville, Tennessee. “The next John Lewis might be right here.”Short is the founder and CEO of the Transformation Life Center and Steps of Success 5K, nonprofits mentoring youth living in underserved communities. Now, Short and his team are using physical fitness to inspire political change by leading young Black men on runs and talking about becoming better people afterwards.“Going out, taking your niece and nephew that may not have a father, being that father or mother example to them and just be the change you want to see,” Short said.During this presidential election, Short is reaching out to college students from Fisk University, a private historically Black college in Nashville.“We’re here to come out here and inspire change in our community and inspire young people to really vote,” said Myles Harris, a recent Fisk University graduate.Harris says he is motivated to get more members of African American communities to have their voices heard and their votes counted.“A lot of people don’t vote because they don’t see the point, they don’t understand why it’s so important,” he said.Many members in the local African American community do understand the importance of this election and are calling this political movement inspiring.“Us Black folks are still fighting. It’s time for a change, man,” said Norman T. Wilson. “So, it’s good that they are trying to get them to vote. votes matter, whoever they vote for.”According to the Pew Research Center, the Black voter turnout rate declined in 2016, falling to 59.6% after reaching a record-high 66.6% in 2012.That’s a trend Short wants to change, not by swaying young people’s votes, but through politics, one step and one vote at a time“We don’t have to riot. We don’t have to do it the bad way,” he said. “We can go to the polls and we can do it the democratic way. The way that our country, I believe our country was set up to do." 2151
There is no question that 2020 has been a rough one for children, but it appears parents are doing what they can to atone for a rancid year.A survey of more than 1,000 parents commissioned by LendingTree found that 71% of parents say they plan to spend more on their children this Halloween to make up for other missed celebrations this year.This comes as many public health experts are encouraging parents to exercise caution this Halloween season as cases of the coronavirus continue to grow throughout the country. While children are generally at a low risk of having coronavirus complications, experts are concerned that children can spread the virus to those at a higher risk. "I think it is safe to say that 2020 has been a stressful year for most Americans. The toll that the coronavirus crisis has taken on the country's physical, emotional and financial health has been nothing short of staggering," said LendingTree's Chief Credit Analyst, Matt Schulz. "Between remote learning, social distancing measures, cancelled vacations, and fewer extracurriculars, parents and children alike have faced a lot of disappointment and unexpected difficulties in 2020. With the uncertainty around Halloween and Trick-or-Treating, it makes sense that parents want to go above and beyond to make the holiday season extra-special, for both their children and themselves."In addition to spending more this year, 79% percent of parents said they have spent more than they can afford on Halloween. Also, 65% say they have made purchases to show off on social media. 1563