Business News

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October 14, 2017 - 4:13 pm
(LOS ANGELES) -- The Academy of Motion Picture Arts and Sciences has voted to expell Harvey Weinstein, following numerous allegations of sexual misconduct against the former movie mogul and producer, the film academy announced on Saturday in a statement. "The Academy of Motion Picture Arts and...
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Mathew Imaging/WireImage via Getty Images
October 14, 2017 - 4:01 pm
(NEW YORK) -- Bob Weinstein is opening up amid the scandal over sexual misconduct allegations against his brother, claiming he was a victim of abuse by Harvey Weinstein. "I was also the object of a lot of his verbal abuse — at one time physical abuse," the co-chairman of The Weinstein Co. told The...
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Gokhan Balci/Anadolu Agency/Getty Images
October 14, 2017 - 11:10 am
(SAN FRANCISCO) -- Twitter has come under fire in recent days for what some critics claim is a permissive attitude toward abusive content on the social media platform. But on Friday night, CEO Jack Dorsey said change is coming. In a series of tweets, Dorsey acknowledged that Twitter is "still not...
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Mathew Imaging/WireImage via Getty Images
October 13, 2017 - 4:37 pm
(LOS ANGELES) -- Bob Weinstein, co-chairman of The Weinstein Company, told ABC News in a statement Friday that the studio remains unaffected by the scandal involving his older brother, Harvey Weinstein. Though the Wall Street Journal reported that the production company was likely to be shuttered...
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October 13, 2017 - 4:26 pm
(NEW YORK) -- Federal and state authorities are cracking down on multiple purveyors of so-called “student loan debt relief,” alleging that the companies took in more than $95 million in illegal up-front fees from American consumers in exchange for little or no help. The actions, announced Friday as...
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October 13, 2017 - 3:21 pm
(NEW YORK) -- The Nasdaq Composite reached a new record on Friday as U.S. stocks closed slightly higher. The Dow Jones Industrial Average climbed 30.71 (+0.13 percent) to finish at 22,871.72. The Nasdaq gained 14.29 (+0.22 percent) to close at 6,605.80, while the S&P 500 finished at 2,553.17,...
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October 13, 2017 - 2:20 pm
(NEW YORK) -- Friday the 13th may spark dread for the superstitious. And for many people, the number 666 is associated with the devil based on the book of Revelation in the Bible. But for 11 years some airline passengers have flown in the face of any such fearful associations -- taking Finnair’s...
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ABCNews.com
October 13, 2017 - 12:39 pm
(NEW YORK) -- The Netflix hit show "Stranger Things" is sure to provide some costume inspiration this Halloween, but some online retailers are raising eyebrows with a "sexy" take on one of the series' central child characters. The "Upside Down Honey" costume is based on Millie Bobby Brown’s...
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