Business

Deadline Hollywood reports: Shares in MoviePass parent Helios & Matheson began trading over the counter today after the beleaguered company was delisted by the Nasdaq. The ouster from the major stock market comes after several warnings relayed in SEC filings in recent months, given that companies cannot have their shares trade below $1 for extended periods. Helios stock has been …

Bloomberg reports: The publisher of the National Enquirer, currently under attack by Amazon.com Inc. founder Jeff Bezos, has been facing steep financial losses that have left the once-loyal keeper of Donald Trump’s secrets with more than $1 billion in debt and a negative net worth. The closely held American Media Inc. — led by the president’s longtime friend, David Pecker …

ABC News reports: A family-owned Christian grocery store with several locations in Southeast Arkansas is dealing with backlash as customers argue a weekly ad mailer included a controversial political message. The ad book was sent to four Mac’s Cashsaver stores in Arkansas. According to the store, the mailer typically includes a religious or political message. The current mailer includes a …

CNBC reports: The Food and Drug Administration said Monday it sent warning letters to more than a dozen companies the agency said are “illegally selling” products that claim to prevent or cure Alzheimer’s disease. Many of these products, which are often sold on websites and social media platforms, “have not been reviewed by the FDA and are not proven safe …

The Guardian reports: Art photographer and activist Nan Goldin brought the Guggenheim Museum in New York to a standstill on Saturday night as thousands of fake prescriptions were dropped into the atrium to protest against the institution’s acceptance of donations from the family who owns the maker of OxyContin – the prescription painkiller at the root of America’s opioids crisis. …

Axios reports: Amazon is rethinking its plans to bring 25,000 jobs and a second headquarters to Long Island City in Queens after local activists and state lawmakers voiced staunch opposition to the company’s deal with New York, reports the Washington Post, citing two people familiar with Amazon’s thinking. The backdrop: While Amazon has had smooth processes in Virginia and Tennessee …

Variety reports: Woody Allen filed a $68 million suit against Amazon Studios Thursday, alleging that the streamer has backed out of a four-picture deal due to “a 25-year-old, baseless allegation.” Allen alleges that Amazon has refused to release his film “A Rainy Day in New York,” though it has been complete for more than six months. The suit also states …

The Washington Post reports: Falling in love on an airplane is the kind of story you only ever hear in a bar or see in a Lifetime movie. But for a brief time this winter, Delta Air Lines wanted to help passengers make it a reality — by gently nudging them to hit on other passengers. With cocktail napkins. “Be …

The Independent reports: This year marks 100 years since British Airways started flying. To celebrate its centenary, the airline has just released its 100th anniversary campaign advert, with best of British talent front and centre. The advert, called #BA100, is designed to be a “love letter to Britain”. Famous faces onboard the special #BA100 flight include actors Gary Oldman, Olivia …

NBC News reports: As the nation’s opioid crisis was deepening, the company that makes a powerful prescription painkiller considered marketing an anti-addiction drug to “an attractive market” of people with addictions, according to allegations in court documents made public Thursday. The attorney general’s office in Massachusetts is suing Connecticut-based Purdue Pharma, along with some company executives and members of the …

The Orlando Weekly reports: Although Gay Days has been celebrated at the Disney parks for decades, ever since the first one in 1991 (right here in Orlando!), Disneyland Paris has just made history by becoming the first to organize an official LGBTQ Pride event, finally acknowledging openly that pink money pays their bills, too. Magical Pride happens June 1, 2019, …

Yahoo News reports: Just months after recalling frozen breaded chicken tenderloins over fears they were contaminated with plastic last June, Tyson has issued an alert over its chicken nuggets. A statement issued by the USDA’s Food Safety and Inspection Service says that 36,420 pounds of the food company’s chicken nuggets may have been contaminated with rubber, resulting in a recall. …

The Hill reports: Harley-Davidson said on Tuesday that their earnings per share were essentially wiped out in the final quarter of 2018 after the company got caught up in President Trump’s tariff war. Bloomberg reported Tuesday that Harley-Davidson’s profit, excluding tariff and restructuring costs, was 17 cents per share, falling short of analysts’ average estimate of 29 cents per share. …

The Associated Press reports: Pacific Gas & Electric Corp., the nation’s biggest utility, filed for bankruptcy reorganization Tuesday in a bid to relieve itself of some of the billions of dollars in damages it could face as a result of California’s devastating wildfires. The Chapter 11 filing allows PG&E to continue operating while it puts its finances in order. But …

Business Insider reports: Apple temporarily disabled group FaceTime calls after it was alerted to a major bug, which allows iPhone or iPad users to secretly hear what someone is saying before they answer the call. Twitter CEO Jack Dorsey was among those advising people to disable FaceTime until Apple releases a fix, which it said could be as early as …

The Atlantic reports: These days, the difference between the parties is starker than it’s ever been in modern times. Yet here comes Howard Schultz, a billionaire who feels that he might be the answer to American politics, and that he’d run for president as an independent. Schultz, the former Starbucks CEO, says in a 60 Minutes interview already recorded but …

The Wall Street Journal reports: Billionaire Ken Griffin, who is becoming almost as known for his prodigious purchases as he is for his investment acumen, has closed on a New York penthouse for roughly $238 million. The deal sets a record for the highest-priced home ever sold in the U.S. The purchase is the latest in a string of record-breaking …

The Washington Post reports: Advisers to former Starbucks CEO Howard Schultz have been exploring the possibility of launching an independent bid for the White House in 2020, according to two people who have been informed of the discussions. The entry of a high-profile billionaire Democrat outside the traditional party structure would add an unpredictable dynamic to the increasingly sprawling campaign …

The New Jersey Advance reports: New Jersey’s Democratic governor and legislative leaders have reached a highly anticipated agreement to raise the state’s minimum wage to $15 an hour for most workers by 2024. Under the deal, many workers would see their wages rise gradually to a $15 an hour, though some, including those employed by small businesses with five or …

The Wall Street Journal reports: China’s trade surplus with the U.S. hit a record last year, as robust American demand for Chinese goods undercut the Trump administration’s tariff offensive aimed at narrowing the countries’ lopsided trade gap. China recorded $323.32 billion in surplus with the U.S. in 2018, representing a 17% jump from the figure in the previous year, according …