AMC theaters were shut down in March, and the chain said in a regulatory filing that it has enough cash to reopen all of them in the summer, but if that can't happen, it will need more money.
The company listed several concerns, including whether customers are even going to want to return to theaters during the pandemic. Since March, some new movies have been released to streaming platforms for at-home viewing, and AMC and other theater chains are worried this practice will continue in the future. Because Hollywood has stopped production on movies, it will also take time before there are full slates of new films.
Due to all of this, AMC expressed "substantial doubt" of its "ability to continue" for an extended period of time. The company has 1,000 theaters in the U.S. and Europe. Catherine Garcia
Twitter has rolled out a plan to slap labels and warnings on certain tweets in an effort against misleading claims about the COVID-19 pandemic.
The social media platform on Monday announced it will begin adding labels to tweets "containing potentially harmful, misleading information related to COVID-19," directing users toward information on the topic from trusted sources. Additionally, some tweets will receive a warning that will "inform people that the information in the tweet conflicts with public health experts' guidance before they view it," Twitter said, with this depending on "the propensity for harm and type of misleading information."
In an example shared by Twitter, a label warns that "some or all of the content shared in this tweet conflicts with guidance from public health experts regarding COVID-19," and users have to select "view" before they see the content in question.
For misleading information, if the propensity for harm is "moderate," it will receive a label, but if the propensity for harm is "severe," it will be removed, according to a chart Twitter shared. Disputed claims will either get a label or a warning depending on if the propensity for harm is moderate or severe. Twitter was previously taking down certain harmful posts about the coronavirus, such as the false claim that social distancing doesn't slow its spread, The Associated Press notes.
President Trump failed to heed advice from Secretary of State Rex Tillerson and Secretary of Defense James Mattis when deciding to move the U.S. Embassy in Israel from Tel Aviv to Jerusalem, The Hill reports.
Mattis and Tillerson told Trump that the move would endanger American troops and diplomats, The Associated Press reported. But Trump forged on, and the plan to move the embassy — announced Wednesday — has already sparked outrage in the region that may result in protests. Tillerson released a statement after Trump's Wednesday announcement that said the State Department had “implemented robust security plans to protect the safety of Americans in affected regions."
Mattis and Tillerson avoided questions from reporters after the president's announcement, though The Hill reports both told the press that they had spoken with the president about the move and made their opinions known. Neither confirmed or denied opposition to the action. Elianna Spitzer