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The New York attorney general is investigating the parent company of MoviePass, a source familiar with the probe confirmed to CNN Business.The state is looking into whether Helios and Matheson (HMNY) misled investors about its finances, the source said. The investigation is being conducted under New York's Martin Act, an anti-fraud and investor protection law. The existence of the probe was first reported Wednesday by CNBC.The movie subscription service exploded in popularity last year when it began offering customers the ability to watch as many movies in theaters as they wanted for per month. But that business model proved unsustainable, and the company has since changed its subscription plans and pricing as well as the number of movies it makes available to its customers.As the company's troubles worsened this year, its stock price also cratered.Helios and Matheson stock was trading at an all-time high of nearly a share in October 2017. Now the stock is trading at 2 cents — and that's after the company approved a reverse split to boost the price 250-fold earlier this summer.Nasdaq has even warned Helios and Matheson that it could delist the stock.Helios and Matheson and MoviePass did not respond to requests for comment Wednesday.The company is wrestling with other problems as well.Board member Carl Schramm, an economist and Syracuse University professor, recently quit his job and claimed that executives mismanaged the business and withheld crucial information from the board.Purported stockholders have filed two federal class-action complaints against Helios and Matheson in August, claiming the company made "materially false or misleading" statements to the market. The company said at the time that it intended to "vigorously defend" itself and believed the complaints were "without merit."Last month, the company filed new paperwork with the Securities and Exchange Commission indicating that it was going to ask shareholders to vote on another reverse split — one that this time could increase the stock by as much as 500-fold.That meeting was scheduled to happen Thursday. In documents filed with the government on Tuesday, the company said the meeting would be moved to November 1 so stockholders had more time to consider the split before voting. 2323
The International Olympics Committee has officially awarded two cities with hosting summer Olympic Games — Paris in 2024 and Los Angeles in 2028.The announcement was published after an IOC meeting in Lima, Peru, where the decision was expected. 263

The number of mass shootings around the country in 2018 has risen above 300 so far.According to data from the Gun Violence Archive, a total of 307 mass shooting incidents have occurred as of October 27.Wednesday night's shooting, which left 13 people dead at a bar in Thousand Oaks, California, marked the 307th mass shooting incident so far this year.In 2017, the U.S. saw a total of 346 mass shootings. See statistics for other years here.There doesn't seem to be an official definition for a "mass shooting" in the United States, but according to the Gun Violence Archive, a mass shooting is described as four or more individuals being shot or killed in the same general time and location. RELATED: School shootings in U.S.: When, where each shooting has occurred in 2018The F.B.I. defines a "mass killing" as the killing of three or more people in a public place, but the federal agency also defines a "mass murderer" as someone who has killed four or more people in the same location.The Gun Violence Archive lists itself as a not-for-profit organization that documents gun violence and gun crime nationally. 1156
The race for the White House has reached its final week, and millions of Americans have already gone to the polls to cast a ballot in the 2020 presidential election.On Wednesday, a number of national and state polls were released. In general, Joe Biden is leading Donald Trump in national polls, but battleground polls show a tightening race. A CNN poll of likely voters released Wednesday afternoon showed Biden leading Trump 54-42 in the popular vote, which is slightly tighter than the 57-41 advantage the CNN poll had for Biden in early October.Another poll, one conducted by the Economist/YouGov, showed Biden leading by 11%. Emerson released its poll on Wednesday showing Biden with a 5% edge. But one poll, the Rasmussen poll, shows Trump actually ahead nationally by 1%. Polls by Rasmussen have generally been more favorable than other national polls.One national poll released on Tuesday, conducted by CNBC, had Biden up 51-40.State pollingNo matter the margin of the popular vote, the number that matters the most is reaching 270 Electoral College votes. And in that respect, Biden is leading in the polls, but his leads in battleground states is much more fragile than his standing in the national polls.In Wisconsin, a poll released on Wednesday by Marquette gave Biden a 48-43 edge. An ABC News/Washington Post poll of Wisconsin gave Biden a much larger lead of 17%, which is a bit of an outlier from other polls of the state.In Michigan, Biden held a 51-44 lead in the ABC News/Washington Post poll while he led Trump in the New York Times/Sienna poll 49-41 on Wednesday.In North Carolina, the race was a statistical tie with Biden’s advantage well within the margin of error in Wednesday’s Civitas/Harper poll.In Georgia, Biden leads 50-46 in the Monmouth poll.In recent days, polling in Arizona, Florida and Iowa have generally been within the margin of error. Biden has held a very narrow lead in Pennsylvania.Comparing 2020 to 2016The landscape of the race six days out is somewhat similar to the 2016 race.One key difference is Clinton’s lead in national polls was generally smaller than Biden’s lead. The final CNN poll, which was released two weeks before the election, gave Clinton a 5% edge. The final CNBC poll gave Clinton a lead of 9%. But other reputable polls, such as the CBS News Poll, were more narrow. The CBS News poll gave Clinton just a 3% edge. Clinton ended up winning the popular vote by 2%.Battleground state polls generally were off by a margin of 5%, which is normal in a presidential election. What made things abnormal was those polling errors were just enough to flip the election for Trump in a number of states.In Michigan, a Detroit Free Press poll released a week before the election showed Clinton up by 4 percent. She ended up losing by .2 percent.In Pennsylvania, polls generally gave Clinton a modest lead. Her lead in the final CNN poll was 5 percent a week before the election. She ended up losing by 1 percent.Wisconsin was another state Trump won by about .5%. He trailed Clinton in the Marquette poll by 6% in the final days before the election. Compared to 2016, his deficit in the Marquette poll is slimmer in 2016 than it is currently.On the flip side, polling in Nevada did not suggest a Clinton win. A CNN poll had Trump up 51-46 just days before the election. Clinton won the state by 2%.What is conclusive in pollingWhile predicting a winner in the presidential election might be a challenge based on polls, they can give an insight on what voters are thinking.One clear difference in the polls is based on gender. Wednesday’s CNN poll gave Biden a 61-37 lead among women, while Trump won with men 48-47. The poll also showed Biden leading among independents 58-36.While voters were more inclined to say Biden would do a better job handling the coronavirus, health care, racial inequality in the US and crime and safety, a slim majority, 51-46, said that Trump would do a better job with the economy. 3972
The Justice Department inspector general found that former FBI Deputy Director Andrew McCabe "lacked candor" on four occasions when discussing the disclosure of information for a Wall Street Journal article about the FBI's Clinton Foundation investigation, according to a copy of the report obtained by CNN on Friday.In addition, the inspector general determined that McCabe was not authorized to disclose the existence of the investigation because it was not within the department's "public interest" exception for disclosing ongoing investigations. The inspector general said that the disclosure to the Journal was made "in a manner designed to advance his personal interests at the expense of department leadership."The instances the inspector general cited were McCabe's conversations with federal investigators and also with then-FBI Director James Comey in October 2016. 884
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