The daily business briefing: October 9, 2017

Harvey Weinstein's company fires him over sexual harassment allegations, Dove apologizes for Facebook ad critics call racially insensitive, and more

Dove soap at a supermarket
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1. Harvey Weinstein's company fires him over sexual harassment scandal

Hollywood movie mogul Harvey Weinstein has been forced out of his own independent film company as sexual harassment allegations against him expand. The Weinstein Company's board voted to remove him and transfer control of the studio to his brother, Bob Weinstein, and chief operating officer David Glasser, the company's board said Sunday. "In light of new information about misconduct by Harvey Weinstein that has emerged in the past few days, the directors of The Weinstein Company — Robert Weinstein, Lance Maerov, Richard Koenigsberg, and Tarak Ben Ammar — have determined, and have informed Harvey Weinstein, that his employment with The Weinstein Company is terminated, effective immediately," the board said. The scandal erupted with a New York Times report on legal settlements of sexual harassment complaints spanning decades.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.