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Here's what's happening in the world of politics Saturday, Aug. 11, 2018.Congressman Collins suspends reelection campaign after insider trading charges— New York Republican Rep. Chris Collins will not seek reelection following charges of insider trading earlier this week.In a statement, Rep. Collins wrote it would be in the best interests for constituents that he suspend his reelection campaign."After extensive discussions with my family and friends over the last few days, I have decided that it is in the best interests of the constituents of NY-27, the Republican Party and President Trump's agenda for me to suspend my campaign for re-election to Congress."Wednesday, federal prosecutors charged Collins, his son, and another man with 13 counts of securities fraud, wire fraud, and false statement from the insider trading scheme around Australian pharmaceutical company Innate Immunotherapeutics Limited.Read more.North Korea continues to reject US proposals on denuclearization— North Korea has turned down repeated US proposals on denuclearization, CNN reports.The US has reportedly made "specific proposals for starting and proceeding to the end point of fully verified denuclearization," including a timeline, all of which have been rejected.North Korea has reportedly considered the proposals "gangster-like."President Trump met with North Korean leader Kim Jong Un in a June summit. The summit, however, produced no timetables, milestones, or promises, and instead, vague promises.Read more.Immigration lawyer for Melania Trump's parents pushes back on President's rhetoric— The immigration lawyer for First Lady Melania Trump's parents is calling President Trump's hardline stance on "chain migration" family visas "unconscionable.""It's unconscionable to scare people into believing that," the attorney, Michael Wildes, said Friday on CNN. "Imagine this, people will work harder and love more, and do more for America knowing that their loved ones, their immediate relatives, their parents, their children ... to say you can bring one relative and not another relative ... I can understand that some of them may be in jeopardy, and you may want to retool an antiquated immigration system. It looks weird to have a lottery system. But chain migration? No. Family reunification."Melania Trump's parents, Viktor and Amalija Knavs, were granted US citizenship Thursday.Read more. 2440

HAWAII — There was a close call at a preschool in Hawaii.The Hawaii State Department of Health says a classroom assistant mistook Pine-Sol for apple juice while serving snacks.The assistant at Kilohana United Methodist Church in East Oahu was preparing a snack for the children and grabbed a bottle of the cleaning liquid from a clean-up cart in the kitchen on November 27.The assistant apparently mistook it for apple juice because of its similar color, the school's director told the health department inspector.A classroom teacher smelled the cleaning product and stopped students from drinking it.EMS evaluated three students who took small sips of the cleaning liquid, but none of them needed treatment.One parent whose child was in the class says she was shocked a mistake like that could happen.The State Health Department says each year about a dozen people accidentally ingest Pine-Sol, and half of them are kids.CNN contributed to this report. 966

Happening now: a new eruption of Kīlauea inside Halema?uma?uSee live webcams inside Halema?uma?u, courtesy of USGS Hawaiian Volcano Observatory: https://t.co/Yf1Kc3AeJ9 pic.twitter.com/bsNmt3ZTUg— Hawaii Volcanoes NPS (@Volcanoes_NPS) December 21, 2020 266

FULLERTON, Calif. (AP) — Police say a suspect has been arrested in the stabbing death of a man at the California State University, Fullerton campus.Fullerton police Lt. Jon Radus on Thursday told The Associated Press that 51-year-old Chuyen Vo was arrested Wednesday night at his home in Huntington Beach. Vo is suspected in the death of a former co-worker, 57-year-old Steven Shek Keung Chan. Police would not elaborate on the work relationship between the two men.Chan worked as the director of budget and finance and student services for university extended education but retired in 2017. He returned to the campus in January to work as a consultant.Authorities have said Chan was found stabbed numerous times inside his silver Infiniti in a campus parking lot on Monday, and they believe it was a targeted attack. 825

Hello! And welcome to Movie...Pass?MoviePass, the ticket subscription company, is buying Moviefone, the 29-year old movie directory service.A lot has changed since Moviefone first started. It's hard to imagine now, but people used to call a number for movie times. Moviefone became so popular that its famous "Welcome to Moviefone" greeting was parodied in a famous "Seinfeld" episode.Moviefone still has a website and app, but it retired the 777-FILM phone service in 2014. (Seinfeld's Kramer must be pleased. "Why don't you just tell me the name of the movie you've selected?")AOL, now part of Verizon, bought Moviefone in 1999 for 8 million. But MoviePass isn't spending nearly as much to get Moviefone. MoviePass majority owner Helios and Matheson Analytics will pay Verizon only about million for Moviefone -- million in cash and a mix of HMNY stock and warrants worth about million, according to a Securities and Exchange filing Thursday.According to Business Insider, MoviePass has also welcomed back service to a handful of AMC theaters in big cities, including San Diego.The service removed 10 of AMC's busiest locations from its app in January to take a "hard position" against theater chain. MoviePass has been seeking a a portion of concessions sales.WHY MOVIEFONE?So why does MoviePass want Moviefone? MoviePass CEO Mitch Lowe told CNNMoney it wanted access to Moviefone's film and TV show content."Our subscribers want to connect with Hollywood and hear more about what's going on in the film industry," Lowe said. "They'd like to have MoviePass recommend movies to them and Moviefone is iconic."Lowe, a co-founder of Netflix and former president of DVD rental kiosk service Redbox, added that he hopes the acquisition will be a "great funnel to attract new members" to MoviePass, which currently has more than 2 million subscribers.Ted Farnsworth, CEO of Helios and Matheson Analytics, added that the marriage of MoviePass and Moviefone will hopefully lead to more advertising revenue."MoviePass is growing at warp speed. Put it and Moviefone together and it gives us more advertising opportunities," Farnsworth said in an interview with CNNMoney. "This is a great strategic move for us."MoviePass arguably needs more ad sales to convince skeptical investors that its business model of buying tickets from theaters and then offering them to subscribers at a discount through monthly and annual subscription plans is viable for the long haul. MoviePass lets people see a movie a day for .95 a month -- it recently cut its price from .95.Shares of Helio and Matheson Analytics have plunged nearly 55% this year. Investors are worried that MoviePass won't be profitable anytime soon.THREAT OF COMPETITIONPart of the problem? We live in an era of so-called peak TV. Netflix, other streaming services and big cable TV networks are churning out more and more quality shows that eat into the time people have to go to movies.Investors also worry that the big chains that MoviePass currently buys tickets from -- AMC, Regal and Cinemark -- may eventually look to cut out MoviePass and launch their own subscription services or other lower-priced deals.Regal, which is now owned by UK-based Cineworld, has experimented with charging more for tickets during peak movie times and less at times when attendance tends to be lighter. Think of it as Uber-style surge pricing, but for movies.And Cinemark unveiled Movie Club, a monthly plan that lets people buy a movie ticket a month for a discounted price of .99, last year.That deal obviously isn't as good as the one a day plan offered by MoviePass. But Cinemark will also allow Movie Club members to roll over unused tickets every month, bring friends at the lower price and offers bargains on concession stand items.Lowe isn't too concerned about competition though. He said he's convinced that MoviePass will continue to work closely with the big chains -- even if Wall Street is nervous."We have to prove we are a driving force in getting more people into theaters. We have to try and put our money where our mouth is," he said. 4118