Business News | AM1460 WIXN
  • Chance Yeh/Getty Images(NEW YORK) -- Hollywood is up in arms over the allegations surrounding Harvey Weinstein and the company he co-founded, The Weinstein Company.The Producers Guild of America's national board of directors and officers voted on Monday to expel Weinstein after numerous women claimed the movie mogul and producer sexually harassed or sexually assaulted them."This morning, the PGA’s National Board of Directors and Officers decided by unanimous vote to institute termination proceedings concerning Harvey Weinstein’s membership,” co-presidents Gary Lucchesi and Lori McCreary said in a statement on behalf of the board. “As required by the PGA’s Constitution, Mr. Weinstein will be given the opportunity to respond before the Guild makes its final determination on November 6, 2017.”“Sexual harassment of any type is completely unacceptable. This is a systemic and pervasive problem requiring immediate industry-wide action,” the statement continued.The co-presidents also announced a new task force in the wake of Weinstein’s allegations.“Today, the PGA’s National Board and Officers – composed of 20 women and 18 men -- created the Anti-Sexual Harassment Task Force specifically charged with researching and proposing substantive and effective solutions to sexual harassment in the entertainment industry,” the statement said. “The PGA calls on leaders throughout the entertainment community to work together to ensure that sexual abuse and harassment are eradicated from the industry.”Weinstein has denied any allegations of non-consensual sex in a statement to The New Yorker.However, in addition to the PGA, here are the other organizations and companies that have severed ties with the disgraced producer.The Academy of Motion Picture Arts and SciencesThe preeminent organization honoring the best in film said in a statement Saturday that it's voted to expel Weinstein.It did so "to send a message that the era of willful ignorance and shameful complicity in sexually predatory behavior and workplace harassment in our industry is over."Weinstein and the academy had a pretty long history, dating back to 1990 when he launched an Oscars campaign for an independent film, "My Left Foot." The film went on to win two Oscars for its stars -- Daniel Day Lewis and Brenda Fricker -- and began Weinstein's long career in earning the golden trophies.During his tenure at Miramax and later The Weinstein Company, which he founded in 2005 with his brother, Bob Weinstein, the producer racked up 341 Academy Award nominations, winning 81 of them.The Weinstein CompanyWeinstein's own film company terminated him last week after The New York Times and The New Yorker reported the stories of several women, including actress Ashley Judd, who claimed that the producer had sexually harassed or sexually assaulted them."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," according to a statement from the company's board.By Monday, private equity firm Colony Capital announced that it had "entered into a preliminary agreement" with Weinstein's former film company to potentially acquire all or part of it.Tarak Ben Ammar, a Weinstein Company board member, praised the move, saying in part: "We believe that Colony's investment and sponsorship will help stabilize the Company's current operations, as well as provide comfort to our critical distribution, production and talent partners around the world."British Academy of Film and Television ArtsBAFTA announced in a statement last Wednesday that Weinstein's membership had been revoked.Previously, the producer was a fixture on the BAFTA a
    Read more...
  • Lindsey Partridge/Harmony Horsemanship(LEXINGTON, Ky.) -- One horse lover wanted to test a hotel's pet policy after discovering one receptionist said it didn't discriminate.Lindsey Partridge, who in 2015 created Harmony Horsemanship, an organization that helps riders better understand their horses, told ABC News she was driving down from Pontypool, Ontario, to Kentucky Horse Park in Lexington, Kentucky, when she decided to check into her hotel.The riding coach was there to compete in Retired Racehorse Project’s Thoroughbred Makeover, in which hundreds of retired racehorses compete in categories such as field hunter, polo, ranch work and trail, among others."We left at like 3 in the morning and when we got down there, the hotel is before you get to the horse park," Patridge, 31, recalled. "We figured, we may as well stop and unload our luggage."That's when she spotted a dog in the lobby of the Supreme 8 in Georgetown, Kentucky. She said she remarked to the receptionist that she didn't realize the hotel had a pet policy and joked she had a few horses outside."The receptionist said, 'Oh, I don't care. Sure, bring them in!'"Astonished, Partridge figured she would, taking a few funny photos that have since earned attention on Facebook with more than 2,000 reactions. She unloaded her 5-year-old thoroughbred named Blizz, noting that "she was the easiest to get off the trailer."Some hotel guests "were pretty surprised, but they all knew it was fun," the horse owner recalled. "I hope that this shows people that horses really can be quiet, calm and nice."The owners of Supreme 8 confirmed the incident to ABC News.Still, they clarified their pet policy in a statement, "We did not know she was going to bring the horse into the facility. We are pet-friendly and it is [for pets] 25 pounds and under. We had no knowledge of it being in the room."Still, the funny incident seemed to be good luck for Blizz, who earned third place in the trail competition and sixth in the field hunter competition.
    Read more...
  • Mary E. Nichols/TopTenRealEstateDeals.com(MALIBU, Calif.) -- It's no secret the late Johnny Carson loved California, and his beloved Malibu beach home is now on the market for $81.5 million.The former "Tonight Show" host famously moved the late night series from New York to California in 1972. Soon after, in the mid-1980s, Carson himself made California his home, buying a property overlooking Point Dume Beach, according to Top Ten Real Estate Deals.Carson lived there until his death in 2005. He was 79.The home, which also features a guest house and sits on four acres, was designed by architect Ed Niles.The main two-bedroom home measures at 7,083 square feet. It features an entertaining lounge space that boasts 30-feet-high glass windows along with an indoor arboretum perfect for any nature lover. The home also has an ocean terrace overlooking the Pacific Ocean.The master suite sits on the home's upper level and has his-and-hers bathrooms and closets, complete with onyx fixtures.Along with a guest home that has two bedrooms of its own, the mansion features a sun deck, pool, waterfall, koi pond, tennis courts, gym and locker room, along with a wine and tasting room.
    Read more...
  • iStock/Thinkstock(NEW YORK) -- The major indexes closed at record highs on Monday with large gains in financials.The Dow Jones Industrial Average climbed 85.24 (+0.37 percent) to finish at 22,956.96.The Nasdaq gained 18.20 (+0.28 percent) to close at 6,624.00, while the S&P 500 finished at 2,557.64, up 4.47 (+0.18 percent) from its open.Crude oil was about 0.76 percent higher with prices at about $52 per barrel.Winners and Losers: Shares of JPMorgan Chase jumped 2.07 percent.  The financial services company announced Monday it would use blockchain technology in a new global payments process.News of Sears investor Bruce Berkowitz's departure from the board caused shares of Sears Holdings Corp to tumble 11.52 percent.Apple's stock climbed 1.84 percent after getting an upgrade from KeyBanc Capital.
    Read more...
  • iStock/Thinkstock(SALT LAKE CITY) -- A Utah man has created a gigantic King Kong statue to sit centerstage in his front yard for Halloween.Ammon Smith, 33, has impressed his Salt Lake City neighborhood in the past, but this year he expects his 39-foot display to attract thousands of trick-or-treaters.In 2014, Smith created a pirate ship, followed be a skeleton train in 2015 and a giant dragon prop complete with Viking ship in 2016."People thank me a lot for building the community and that's the biggest compliment they can give me," Smith told ABC News.This year, with help from his wife, Tera, Smith said he decided to go with a monster theme and build King Kong."[King Kong] is big, burly and scary but he's not gorey," he said. "We want people to not feel scared when they come and ask us for candy."Smith said he built the $140 structure in about 100 hours.The Empire State Building in the piece is made from wood and Styrofoam.King Kong was built from pool noodles, wood, chicken wire and fabric. King Kong's chest is made from a black trash bag while his teeth were made from wood and egg cartons. His eyes are made from little pumpkins.A fog machine was added to simulate clouds above the Empire State Building.Smith's neighbor of six years, Johnny-Mack Barlow, 44, said he helped lift the King Kong up onto the building. In 2016, he helped place the dragon on top of the roof."It's really cool to be able to help him out and be a tiny part of it," Barlow told ABC News. "Everybody that walks by is talking about it. It definitely creates a vibrancy for the area."Smith also said his first 200 or so visitors will receive the large, full-size candy bars before he switches to the smaller, fun-size candy bars.
    Read more...
  • Six Flags Fright Fest St. Louis(ST. LOUIS, Mo.) -- On Friday the 13th this year, 13 “newlydeads” tied the knot in a haunted HalloWedding event at Six Flags' Fright Fest in St. Louis.The ghoulish grooms and macabre brides said till death do they part in the Missouri group ceremony that each said meant the “afterworld” to them, for different reasons.“It meant a lot to us. Her favorite holiday is Halloween,” George Johnson told ABC News of his new wife, Shelby Waid-Johnson. “We never really did anything traditionally anyways, so to get married in such an unorthodox way was very surreal.”There were also 13 couples renewing their vows —- some of which wed at Fright Fest 15 years ago.The creepy couples toasted to “love, honor and decay” each other until eternity, and had personalized spiderweb cakes to enjoy as their first tantalizing treat.They topped off the ghastly night with a spine-chilling roller coaster ride.Jannea and Alfie Borero of Springfield, Illinois“It was absolutely amazing,” Jannea Borero, 27, told ABC News of their menacing nuptials. “We’re really into horror movies and we’ve been engaged for almost four years, but it was one of those things where it’s so expensive and we kept putting it off.”Friday the 13th is Jannea Borero’s birthday, so she decided having a HalloWedding on the same date was “perfect for us,” she said.The Boreros were dressed as a voodoo priest and priestess, wearing hand-made costumes from materials Alfie Borero’s late mother used in her sewing.“His mother passed away 11 years ago and we incorporated a lot of her old sewing materials into our outfits,” said the black magic bride. “His vest is completely made out of material she used to use. It was very personal to us.”She said they always “go full-out for Halloween.”“We want everything spooky and we always have. That’s how we met, that’s how we bonded,” said Jannea Borero.Shelby Waid-Johnson and George Johnson of Quincy, Illinois“We’re getting married the same way my parents got married 15 years ago,” Shelby Waid-Johnson told ABC News of her mom and stepdad, Terra and Jason Heck, who wed at Fright Fest in 2002. “They’re here renewing their vows so it’s nice to share the same experience with them and have the same back story as them.”Waid-Johnson, 23, said she was “really excited” to share the sinister celebration with her parents.“It’s really cool we’ll be able to look back and laugh and share those memories together,” she said. “My mom is big on haunted houses and dressing up. She always throws a Halloween party every year. She’s the one who really got me into Halloween.”Shelby Waid-Johnson and George Johnson dressed up as Jack and Sally from “The Nightmare Before Christmas” for their big day.“Everyone was treating us like a celebrity. It was great to dress up and be someone else,” she said.Christina and Michael Pasley of St. Elmo, IllinoisChristina and Michael Pasley were renewing their vows 15 years after they wed at Fright Fest in 2002.The hair-raising bride said this ceremony was more fun than the first time they got hitched because they were less nervous.“This one was much more enjoyable. We got to relax and have a fun,” she said. “The costumes have come so far over the years, so it was just better to watch.”Christina Pasley wore one of her daughter’s old homecoming dresses and Michael Pasley got his suit from a thrift store.The hauntingly happy couple said their favorite part of the vow renewals was catching up with two other couples who also got married in a ghoulish way with them in 2002.“We would have not wanted to do our wedding in any way differently. We love it,” said Christina Pasley,
    Read more...