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| October 21, 2017

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LA Weekly is being sold to Semanal Media, a mysterious new company

October 18, 2017 |

LA Weekly’s owner, Voice Media Group, has agreed to sell the alternative weekly newspaper as it sheds print assets and focuses on its digital business, a representative for Voice Media confirmed Wednesday.

The buyer, Semanal Media, is a new entity created for the purpose of this transaction, said…


L.A. Times – Business

Congo bank helped Hezbollah-linked company avoid US sanctions, report says

October 16, 2017 |

An explosive new report sheds light on how one of the most prominent banks in the Democratic Republic of the Congo may have been diverting assets to enable financiers of terrorism avoid U.S. sanctions.
FOX News

Longtime Trump Associate May Save Weinstein Company

October 16, 2017 |

The beleaguered Weinstein Company has just secured what the New York Times calls a “financial lifeline.” The Hollywood company, reeling from the sexual harassment and assault claims against co-founder Harvey Weinstein, struck a deal with Colony Capital for an “immediate capital infusion,” TWC says in a statement, per Deadline . What’s…
Newser

‘Shark Tank’ passed on his company. Now John Tabis is disrupting the flower industry, one bouquet at a time

October 13, 2017 |

Shark Tank passed on it, but John Tabis’ company, the Bouqs, is disrupting the way we buy flowers, selling direct to consumers and cutting out scores of middlemen.
L.A. Times – Business

TMZ

The Weinstein Company, Firing Harvey is Already Costing It Millions

October 11, 2017 |

The Weinstein Company is already feeling the heat … a major film financier has pulled the plug on a massive loan because Harvey’s no longer steering the ship AI International Holdings fronted a $ 45 million loan to TWC last year. We’ve learned AI…

TMZ.com

Harvey Weinstein Fired From Company That Bears His Name

October 9, 2017 |

Harvey Weinstein has been fired from the Weinstein Co., effective immediately, three days after an expose detailed decades of allegations of sexual abuse against the movie mogul. In a statement, the company’s board of directors announced his termination Sunday night, capping the swift downfall of one of Hollywood’s most powerful…
Newser

TMZ

Harvey Weinstein Fired from The Weinstein Company Amid Sexual Harassment Allegations

October 8, 2017 |

Harvey Weinstein has been fired from his own company, admit allegations of chronic sexual misconduct. The Board of Directors of The Weinstein Company just issued a statement, “In light of new information about misconduct by Harvey Weinstein that…

TMZ.com

Former Equifax CEO apologizes for data breach and details ways the company messed up

October 2, 2017 |

The former chief executive of Equifax Inc. plans to apologize for the credit reporting company’s massive data breach when he testifies Tuesday before a congressional committee.

He also will detail the missteps before and after the hack, which exposed the Social Security numbers and birthdates of…


L.A. Times – Business

TMZ

Cher Sues Biopharmaceutical Company for Ripping Her Off

September 30, 2017 |

Cher is going after a biopharmaceutical company, claiming officials there screwed her by luring her to sell her stock while it was on the cusp of a medical breakthrough that made the company’s value soar. Cher says she bought 300,000 shares of Altor…

TMZ.com