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Industry

AMC Stock Trends Again as Value Increases 24%; Theater Chain Raises $428M

May 13, 2021

Top movie theater circuit AMC Entertainment said it has raised $428 million in new capital from the sale of 43 million shares at an average price of $9.94. The results of the sale followed a plan laid out in an April 27 SEC filing. […]

Industry

CEO Pay Skyrocketed While Their Low-Wage Workers Suffered in the Pandemic

May 12, 2021

During the pandemic, low-wage workers have lost income, jobs, and lives. And yet many of the nation’s top-tier corporations have been fixated on protecting their wealthy CEOs, even bending their own rules to pump up executive paychecks. […]

Industry

L.A. County Expected to Hit COVID-19 Herd Immunity by End of July

May 11, 2021

Los Angeles County could reach herd immunity from the coronavirus among adults and the oldest teenagers by mid- to late July, another milestone that underscores the region’s rapid recovery from the pandemic. Herd immunity, sometimes […]

Industry

Los Angeles County Reports 5 New COVID-19 Deaths, 248 New Cases

May 10, 2021

The Los Angeles County Department of Public Health reported 5 new deaths from COVID-19 and 248 new positive cases Sunday. The number of new cases and deaths are likely to reflect reporting delays over the weekend, said the LA Department […]

Labor

AFL-CIO Releases Annual Workplace Safety Report, Focused on COVID-19

May 9, 2021

“Recently, the AFL-CIO released its 30th annual ‘Death on the Job: The Toll of Neglect’ report,” write Ronald Stolkin and Elliot Griffin for Ballard Spahr LLP.  “Every year, the report highlights the number of states and industries with the most workplace […]

Industry

L.A. County Reports 20 New Covid-19 Deaths and 415 New Positive Cases

May 8, 2021

The Los Angeles County Department of Public Health reported 20 new deaths resulting from Covid-19 on Saturday, and 415 new positive cases. While the number of hospitalizations continues to decrease across the County as vaccines are doled out […]

Industry

L.A. Moves to Least Restrictive Yellow Tier as Pandemic Numbers Hit Record Lows

May 4, 2021

Los Angeles County officially qualified for the least-restrictive Yellow tier in the state’s Covid-19 reopening blueprint Tuesday. San Francisco and tiny Trinity County advanced from the Orange tier into Yellow. That’s about 11 million […]

Industry

L.A. County Public Health Report: 29 New Deaths and 500 New Confirmed Cases

May 1, 2021

On Saturday, the Los Angeles County Department of Public Health released new data on Covid-19, reporting 29 new deaths and 500 new positive cases. Soon, L.A. County is expected to enter the Yellow (or least restrictive) tier of […]

Industry

Sony Corp Doubles Income with Boost from Games, Music, Movie Units ($762M Profit)

April 28, 2021

Sony Corp logged a record $10.7B in net income for fiscal 2020, a 101% increase over the previous year thanks in part to the Games and Networks Services, Music and Film divisions. Still, the company, which unveiled its results in Tokyo on […]

Industry

No Mandatory Vaccines in Industry’s Updated Return-to-Work Protocols

April 30, 2021

Covid-19 vaccinations of casts and crews will not be mandatory on film and TV productions under the industry’s newly renegotiated return-to-work protocols, which now extend to June 30. “To mandate at this point may be premature,” a […]

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