Cory Weinberg

"Alcohol evangelist. Devoted twitter guru. Lifelong coffee expert. Music nerd."

AMC issues ‘going concern’ warning, Cinemark predicts problems through 2022

AMC issues 'going concern' warning, Cinemark predicts problems through 2022

Two large movie theater owners issued warnings on Wednesday about their ability to recover from the coronavirus. AMC, the country’s largest cinema chain, said in a regulatory document that there is “substantial doubt” about its ability to “continue as a going concern for a reasonable period of time.” Companies issue “going concern” warnings when they are running out of cash …

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7-day home quarantine for everyone arriving in Delhi on flights, trains, buses

Everyone arriving in Delhi by bus, train or flights will be quarantined for one week. New Delhi: Every person arriving in Delhi by train, bus, or plane will now have to undergo a mandatory quarantine at their home for a week, the Delhi government said, changing its previous rule where quarantine was not required. District administration officials are tasked with …

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SoftBank to Invest $ 100 Million in Companies Run by People of Color

SoftBank to Invest $ 100 Million in Companies Run by People of Color

SoftBank Group is launching a $ 100 million fund to invest in “companies led by founders and entrepreneurs of color,” in the latest corporate action as the protests stir up the United States. Described as SoftBank’s bid to improve diversity, “We have to put money behind this, set plans and hold ourselves accountable,” wrote SoftBank chief operating officer Marcelo Claure, …

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United States to suspend Chinese airline flights starting June 16

The United States ordered the suspension of all flights by Chinese airlines in and out of the country. Washington: The United States on Tuesday ordered the suspension of all flights by Chinese airlines in and out of the country after Beijing did not allow US companies to resume services to China. “American carriers have called for passenger service to resume …

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Campbell soup sales surge amid coronavirus build-up

Campbell soup sales surge amid coronavirus build-up

The coronavirus turned out to be chicken soup for Campbell’s profit, but hungry investors were still scraping the bottom of the can. The canned soup giant reported a 15 percent increase in quarterly net sales on Wednesday thanks to consumers storing stable food amid the pandemic. But customers bought Campbell’s items so fast last quarter that the company struggled to …

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United States Should Have ‘Two Hundred Million’ Dose of Covid-19 Vaccine in Early 2021, Fauci Says

protests coronavirus fauci vaccine pkg vpx_00003608

“Then in early 2021, we expect to have a couple hundred million doses,” Fauci said during a live question-and-answer session with the Journal of the American Medical Association. However, it is still unclear whether the vaccine will be effective against the new coronavirus. Fauci said the first vaccine candidate, manufactured by the modern biotech company in association with NIAID, should …

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The mother of George Floyd’s daughter says she wants justice for him.

The mother of George Floyd's daughter says she wants justice for him.

“I want justice for him because he was good, no matter what other people think,” Roxie Washington told reporters at a press conference in Minneapolis on Tuesday. “He was good and this is proof that he was a good man,” he added, pointing to his daughter Gianna. In a former Instagram post NBA player Stephen Jackson, who was a close …

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Warner Music quotes IPO shares at $ 25, the stock company at $ 12.75B

Warner Music quotes IPO shares at $ 25, the stock company at $ 12.75B

Warner Music Group He set the price of his initial public offering at $ 25 a share, valuing the record label, which represents people like Ed Sheeran, Bruno Mars and Cardi B., at a staggering $ 12.75 billion. Music giant led by CEO Lucian Grainge, who is the father of labels such as Atlantic Records, Warner Records and Elektra Records, …

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