liz: from two months ago, amc's ceo told "the claman countdown" his 260 plus u.s.ow another universal film after universal during the light of the march lockdowns broke the traditional theatrical window and released "trolls world tour" directly to video on demand. last night words came both sides put down their weapons. universal will first release its movies to amc theaters, but will shrink the traditional 70-day exclusivesity window down to 17 days including weekends before releasing it to the great wide way, films to digital. universal said releasing "trolls" to video exceeded expectations but -- >> we have always believed it can be a complement rather than a replacement for a rebust theatrical release. liz: to the man who struck the deal. amc's ceo adam aaron, co-owner of the philadelphia 76ers. i know the nba is tipping off tonight. we will get to that in a second, after a four-month covid pause. first, how did you guys get from boycott to a deal? who approached whom first? >> oh, you know, if you go back in time a little bit just before the covid crisis, amc,

more announcements on them >>> welcome back news from amc we have it for you. hi, julia. >> hi, a historic deal rewriting the rules of the movie industry. theater giant amc entertainment group and cmbc sister company have agreed to dramatically shorten the exclusive theatrical window under the new multiyear deal they'll have access to all the films for at least three weekends, 17 days. the down from the prior standard of about 88 days now after that shortened window, universal can then distribute the films via premium video on demand it's been offering the movies for $20 for 48-hour window amc will get a percentage cut of revenue from that premium video on demand revenue through the duration of the traditional theatrical window. universal will choose on a case by case basis whether to offer movies on demand after three weekends the two companies saying this new flexibility ensures the future of the movie industry and this is definitely a dramatic move. it was prompted by universal offering the films on demand during covid-19 while theaters are closed wilf, back

. >> amc is requiring guests to wear face masks when theaters reopen. company faced backlash when it first announced reopening plans. amc said it originally tid not require customers to wear face masks to avoid political controversy. this rule will be implemented nationwide as theaters reo begin to reopen july 15th. >> trevor: amc theaters said people have to wear masks, people got mad and they backtracked. it's a political issue. i can't believe there are people out there who would go to a movie theater with coronavirus still raging and, on top of that, not wear a mask. who values their life so little that they're willing to risk it to see a matinee of sonic the hedge hog? as much as i want to go back to the movies, it feels like mask or not, it's always going to be racing. lots of people sitting close together for hours in an enclosed space. i mean, white people will be safer, you know, because the things that spread the virus most are laughing, shouting and talking loudly, and white people do none of those things at the movies. you ever sat next to w

amc theaters has announced another delay in reopening because of covid-19. the movie chain now hopes to reopen by mid august. amc operates 450 theaters across the u.s. >>> and taking a live look at the new york stock exchange, we are down about 130 points right now. >>> listen to this, the u.s. minu mint needs help dealing with the coin shortage. they ask you to pay with exact change if you pay with cash. you can also help get coins back into circulation by depositing or exchanging them at a bank, a coin redemption kiosk. the u.s. mint says there are plenty of coins but they aren't circulating as fast as usual because people are staying home, buying onlining and not using cashing for safety reasons. >>> you can explore remote locations right from your home. the new nat geo series road trip premieres today. >> we would like to figure out how to buy a goat and figure out the price. >> secretly. >> what did you pay? >> i got mine for 3,000. >> you did? you got ripped off. >> that is bob woodruff and his 28-year-old son, they are taking you on adventures across

>>tonight we know that the amc theater chain is again delaying its reopening in the u.s..poning. >>the reopening now to mid to late august originally it was set for a phased reopening beginning july 15th. the goal was to be fully operational by july 24th didn't happen. amc says the new timetable reflects the expected release tapes of some new movies including tenet and mulan. >>today facebook says it is working to make it easier to connect groups of people the social media giant says it created a way to broadcast live to facebook from messenger rooms people can go live with up to 50 people facebook says the concepts will work well for folks who want to do things like host book clubs teach fitness classes or just get large groups of friends together you can even invite people who do not have facebook accounts to join facebook says live broadcasts doubled in june of this year compared to 2019 likely because of the pandemic. and our 4 zone forecast time as we get it. a quick peek outside the bay bridge toll plaza here is looking smooth and the sky is looking a bit cloudy and

amc has seen profits crash as it hard to shut down more than 1,000 theaters.ly loss of nearly $2.5 billion. u.s. theaters are scheduled to reopen on july 30th. >>> trending this morning, vanessa bryant is sharing a sweet gift from her late husband kobe bryant. on monday a green dress she received from bryant. turns out the iconic dress was worn by none other than sarah jessica parker's character from "sex and the city." she was taken back by emotion and knows kobe is still loving her from heaven. >> wow. that is a gift and to get it after the fact that he's gone, too. a lot of thought put into that. >>> also trending this morning it may not have taken place in a yellow submarine but it was a celebration that had some truly famous faces coming together on youtube in honor of a legendary museum. ♪ all you need is love love is all you need ♪ >> yesterday we told you this was going to happen. it is ringo starr's 80th birthday. celebrating part of his virtual celebration on youtube. paul mccartney and john lennon's widow yuko ono sent along their wishes. he had to

amc's bottom line has been crushed as it had to shut more than 1,000 theaters worldwide. the u.s. locations are set to reopen on july 30th. those shares up 10% pre-market disney sticking to the plans to reopen the theme parks in orlando, florida, to a limited number of guests on saturday that's even as virus cases in florida have soared. it will help guests enjoy disney world, quote, unquote, responsibly. the shares up 1/4 of a percent levi strauss reporting a wider second quarter loss. the company warning businesses will be hit in the second half as well even as sales have improved at stores that have reopened levis plans to cut 700 non-retail jobs or about 15% of its corporate work force levi strauss ceo chip bergh will be in "squawk on the street" at 10 a.m. eastern time must watch >>> now to the latest developments surrounding tiktok. vice president mike pence becoming the latest white house official to speak out against the chinese social media app amid continued tensions between the u.s. and china cnbc's argen joins us from guangjo, good morning, good afternoon, good evening

. >> let's talk about the amc universal partnership they've made to shorten the theatrical release ande so many of us are home and not going to the movies, obvious. what do you have on this? >> this is pretty big news. normally, we have to wait 2 1/2 months between a movie showing in theaters and when you can see it online or on your digital streaming platform. this has been shortened now to 17 days. so, we'll only have to wait just over two weeks for movies to go from the theater to these platforms. this is a multiyear agreement between universal, which is owned by our parent company, comcast, and amc, which is the largest theatrical chain. and again, this theatrical window, as you call it, in the industry will shorten to 17 days from the current 75. >> all right, julianna tatelbaum live from london, thank you. great to see you this morning. >>> up next, a look at axios' "1 big thing." and it's a big one. it was revealed weeks ago that russia may have been paying bounties to the taliban for the killing of american troops in afghanistan. so, how is the trump administration responding?

taking a look at those stocks, 3.5% loss on amc, cinemark down more than 2.5%. >>> the u.s. is warning that it may take aggressive action against chinese-owned social media platform tik tok. as well as other apps from china, over national security concerns. that as tik tok makes a major announcement on its operations in hong kong. let's go to susan li for more details. susan: well, we know tik tok has become so popular that it's almost part of the everyday zeitgeist. you hear about these tik tok challenges all the time. now they are also a big player, monster player in the music industry. they decide the number one big sellers but they are also posing a national security threat according to the secretary of state mike pompeo. listen. >> we are taking this very seriously. we are certainly looking at it. we have worked on this very issue for a long time. >> would you recommend that people download that app on their phones tonight, tomorrow, any time currently? >> only if you want your private information in the hands of the chinese communist party. susan: -- response, tik tok

. >>> amc and universal have reached a deal, they have agreed to dramatically shorten the time filmsust play in theaters before playing on demand. movies will now play in the theaters for just 17 days before hitting streaming services. those are your "techbytes." . >>> here is a look at our next potential tropical storm. it is churning right now over the windward islands and it will keep heading up toward the west and possibly start shifting across places like puerto rico, just what they need, right? haiti, dominican republic, cuba, they are all in play. we know that at least it will bring heavy rain to these areas. so we'll keep an eye on it. no effect on our weather whatsoever. >>> there are growing concerns about the long weights times to get results from covid tests. m stores and thought he had some covid-19 symptoms, but there were no available test appointments. he finally got one in contra costa county, but had to wait nine days to learn he was negative. those are days he could have been spreading the virus. >> these long wait periods pretty much invalidates the test, makes it

amc's u.s.heaters are scheduled to reopen july 30th depending on local ordinances, of course. >>> also, trending this morning vanessa bryant is reminiscing on a sweet gift from her late husband kobe bryant. on monday she posted a picture of a green dress. the iconic dress was worn by sarah jessica parker's character in "sex and the city." she was taken back by emotion and kobe is still showing his love from heaven. that dress is gorgeous. such a thoughtful move. >> a really sweet thing that she came across it probably when she needed it. these things happen. >>> kari, we are looking at the gorgeous sunrise behind you, i would say even prettier than bradshaw's dress. >> how about the tulle fog. >> ooh! >>> here we are seeing it rolling over the hills as we look at sausalito this morning. it is a beautiful sunrise. this is helping keep some of our coastal areas a lot cooler. then you head down to the south bay. it's going to be warmer this afternoon. let's check out our temperature trend. we'll se

. >>> and amc reaches a very major deal with universal, a division of nbc parent company comcast, to shorten the amount of time between when a movie debuts in theaters and when it goes online. now that so-called theatrical window will be cut down to 17 days from the current 75 days. that means instead of waiting two and a half months to watch a new movie at home you will soon be able to see some new titles in just two and a half weeks after they premiere in theaters. now this deal settles a long-standing disinstitute between the companies over how films should be allowed to appear on digital platforms in your home. o teorologist kari hall, i don'e you. >> i really enjoyed when the "trolls" movie went straight to our tv. that was great for our family. >>> in pleasanton, a great day. the morning hours are the best time to get outside. we'll talk about the rest of the forecast coming up. >>> all right, kari. i see a little bit of fog on the road weather index, but i'm watching also the crash in concord, highway 4. we'll show you more particulars about your commute coming up. >>> and a g

today the nation's largest movie theater chain amc announced they plan to reopen many locations by mid to late august the u.s. air force academy set to become one of the first universities in the nation to welcome students back on campus this month. >> you wish you could go and be there. >> reporter: but alexandria kubias knows the dangers too well, she lost her father and sister days apart. >>> i would never -- in a hundred million years i would never wish this for anyone to go through. >> reporter: tonight one family's unimaginable loss as a record number of americans become infected with the virus. miguel almaguer, nbc news, los angeles. >>> now to the major news from the white house. president trump announcing tonight that republican national convention events scheduled for next month in jacksonville, florida have been cancelled because of the pandemic our kristen welker has late details now. >> reporter: tonight a rare retreat from president trump with cases of covid surging in florida, the president announcing he is cancelling his plans to hold the republican national convention

depending on the status of covid-19, amc theaters have scheduled a limited release of "a most beautifulng" on july 31. >> coming up, this detroit boxing gym is back in business -- and they have some of you to thank. we'll explain. we're all doing our part by staying at home. that could mean an increase in energy bills. you can save by using a fan to cool off... unplugging and turning off devices when not in use... or closing your shades during the day. stay well and keep it golden. that could mean an increase byin energy bills.. you can save by using a fan to cool off... unplugging and turning off devices when not in use... or closing your shades during the day. stay well and keep it golden. soledad: in the midst of this pandemic, there are still incredible stories of people stepping up to help each other. a few weeks ago, we introduced you to khali sweeney, the founder of the downtown boxing gym in detroit. his gym offers a free after-school program for kids to have access to tutoring, mentoring, and boxing. when covid-19 cases spiked there, the gym closed, and began to serve meals to

the nation's largest movie theater chain amc announces they'll plan to reopen many locations by mid to late august. the air force academy set to be one of the first universities in the nation to welcome students back on campus this month. >> you wish you could go and be there. >> reporter: but alexandria knows the dangers of covid too well she lost her father and sister just days apart. >> i never in a hundred million years i would never wish this for anyone to go through. >> reporter: one family's unimaginable loss as a record number of americans become infeblgted with the virus. nbc news, los angeles. >> and as we mentioned president trump is scrapping plans to hold the republican national convention in jacksonville next month as coronavirus cases skyrocket in florida the move comes after the local sheriff said he couldn't guarantee the safety of visitors in the city. >> reporter: a rare retreat from president trump with cases of covid surging in florida, the president announcing he is cancelling his plans to hold the republican national convention in jacksonville. >> but i looked at

chains include amc and regal, claiming a first amendment right to reopen. reopening which has yet to start. joining us right now is senior judicial analyst judge andrew napolitano. this is an interesting case, judge. what's your take? >> well, it's a very -- good morning, maria. nice to see you. it's a very interesting case. it's the first case in the nation in which a group of theaters, these are publicly -- these theaters are owned by publicly traded corporations, have banded together. this includes almost every theater in new jersey. their argument is simply this. if you allow churches to open and shopping malls to open and walmart to open, as long as they maintain social distancing and wear masks, by not allowing the theaters to open of you are discriminating against the theaters and the theaters, because they exist in a communications industry have a first amendment right of to communicate the visual images on the screen. they also point out something very interesting which is -- i don't even know this even though i live in new jersey. theaters are ren

amc is pushing back its reopening again as the coronavirus increases in much of the country. they had hoped to open july 15th before going to the end of this month and now the company isyee new timing reflects upcoming release dates for blockbusters like mulan. >> hershey's is still positive. halloween makes up 10% of their sales. they told investors that they will still find a way to go trick-or-treating, noting it is outdoors and masks are popular on halloween. hershey's has a backup plan if the virus is raging it is making less themed candy and will promote products that people typically buy for themselves. and that is your cbs money watch report. for, go to cbsmoneywatch.com. >>> it is 4:47. we are taking you inside the oakland zoo for a peek inside. along with new attractions like this giraffe, he was brought in from kansas and the zoo was going to look different after implementing health and safety protocols. >> are you excited for visitors? yeah? yeah? >> visitors will notice social distance markers on the ground in areas by the ticket booth and the entrance to the gon

notice thoughts to shooting to interior design centers can tell based on likes of massive roxy alpha and amc is going to have some time to recruit through separate concepts you've got to get over you know they're all to a few countries. coronavirus pandemic. yeah i mean one of dr tiller's the economic consequences of it going to be the most. high in washington because i'm. getting the feeling i'm doing. it with complex concept to production chains in taxes industry analysts are voicing concern for the future and saying. they're forming seemed site. so that's what the automobile has a to decide they had an issue no one saw interest so. to cool for. the long term effects of the shutdown are far from clear but jordan has just says it could cause 100000 job losses in the domestic auto sector as a sense of. boating across a sector that is crucial to germany's prosperity. sender has opted to defy the crisis instead of reducing working hours the north german parts maker has started making medical products. here thousands of and i'm going to collect what's couldn't be of less prestigious. or and we

prices as the reason behind the move nobody surprised by the filing >> the ceo of cine world calling amc and universal's change, quote, the wrong move at the wrong time." comcast the parent company of universal and this network >> the house passes two bills providing $60 billion to child care to facilities and second to several provisions for child care a bk 20off 0. wereacafter this >>> let's take a look at some of the stocks on the move thursday morning. what names do you have for us now? >> first is shares qorvo beating the street by strong 5g sales and offering an upbeat outlook shares falling after expected earnings ab inbev topping estimates as bars and restaurants begin to reopen shares rising on that news of additional beer drinkers >> i thought we were drinking more >> a big part of the revenue is wholesale to bars and restaurants and breweries and so forth. >> i'm going to ask you a deeply personal question between us and the global audience? >> when is the last time you went to a restaurant >> early march i remember being a little concerned about the virus, didn't think it wou

theaters will reopen. >>> the world's largest chain amc has secured a deal to see cur bankruptcy.oan the company $300 million. before this deal they indicated that they were heading towards chapter 11 bankruptcy. amc cause not plan to open movie theaters until the end of the month when there's new movies to show. >>> in nevada the governor has ordered bars in seven counties there including las vegas to close. they're forced to stay shut down as the state is dealing with a sushlg of covid-19 cases. restaurants can still serve alcohol, but only to seated customers ordering food. it's not clear how the casinos will handle the restrictions:they say that the uptick in the cases are from people exposed to social dwatherrings and a lack of social distancing. >>> one local restaurant is taking the covid-19 safety restrictions to a new level and a unique take on the dining. the lady cafe is replacing booths with outdoor green houses. the structures are popping up all over the parking lot and letting the customers dine surrounded by the flowers and keeping six feet apart by others. coach on

also heard that there is more interest in going back to it because there's been a deal struck between amc and universal on streaming there's supposed to be actually more content that can be created by the studios that is not a still a big big tent pole that they can take more risks again and hopefully do those those good movies that we grew up on in the eighty's and ninety's and we haven't seen as much because they've been focused on the temple apparently they're still the studios are now going to go back towards those smaller budget dramas and horror films and comedies and things that we don't really see from the studios these days well and that's kind of what i wonder on the thought of and once we start caring up you know this both as a writer as well the filmmakers have what's that and how long will we have before we do open back out and we actually got to get to see the next episode of the things that we've been watching for the last 5 months. well i would say 50 plus in the old. so the old movies you know you know the old. i don't know exactly when but i think production is starting

. >>> and following the lead of amc and regal, krment inemark theaters will now require all guests to wear masks. originally it said it would only mandate it in cities that require it. they're looking to have more than 500 cinemas reopened by july 24th. >>> living with coronavirus means constantly evaluating the risk level of activities we all enjoy from summer camp to shopping. we've put together an interactive game where you can guest the risk and see what medical experts think about it. interesting and informative. abc7news.com is where you can find that. >>> it's been cooler, but it's going to warm up for the fourth of july weekend. >> meteorologist sandhya patel here with the fourth of july forecast. >> it's looking like a mighty fine fourth of july, that's all i can tell you, dan and liz. let's take a look at a beautiful sunset from our south beach camera tonight. sun went down at 8:35 and, yes, the marine layer in plain view along with the sea breeze did take temperatures down today. that cooling trend is going to continue because the marine layer has deepened to about 2,000 fe

part of the deal, amc does not plan to reopen any theaters anywhere until later this month. >>> stillcal food banks. way the and president need will likely not go away anytime soon. >>> of the bay area the weather, another warm, hot day today. one more hot day in the we will gradually cool things off, i promise. i will have your updated 5-day- forecast coming up in a minute. >>> the warrior's house and he oakland. the update on helping the owner not lose his home. this home is equipped with gig speed internet from xfinity. there's this game-time internetting room. so fun. and then there's this work-from-home internetting room. finally, the open-concept internetting room. this is not an open house. but your front door was open, so technically it is. get gig speeds and the most wifi coverage from xfinity. now that's simple, easy, awesome. enhance your online experience with even faster speed. choose from a range of fast, reliable options, up to a gig. click or call to learn more. not actors, who've got their eczema under control. with less eczema you can show more skin. so roll up those

also heard that there is more interest in going back to it because there's been a deal struck between amc and universal on streaming there's supposed to be actually more content that can be created by the studios that is not the silly big big tent pole that they can take more risks again and hopefully do those those good movies that we grew up on in the eighty's and ninety's and we haven't seen as much because they've been focused on the temple apparently they're still the studios are now going to go back towards those smaller budget dramas and horror films and comedies and things that we don't really see from the studios these days well and that's kind of what i wonder on the thought of and once we start caring up you know this as a writer of the filmmakers of what that and how long what we have before we do open back out and we actually got to get to see the next episode of things that we've been watching for the last 5 months well i would say 50 plus in the old. so the old movies you know do it on the old until. i don't know exactly when but i think production is starting soon in austr

for an investigation into a concert in the hamptons a packed crowd disregarding health and guidelines amc theaters and universal have agreed on the new release model. stating they must play movies for 17 days. that is way down from the previous 90 days "worldwide exchange" is back in a moment >>> welcome back we have a big ceo lineup the ceo of gm, boeing, starbucks, ebay and advanced micro. speaking of amd, that stock seeing some big moves following the quarterly results. seema is back while i try to digest a sip of coffee >> you do your thing, being looing at shares of advanced microdevices surging after topping expectations the company reporting earnings of 18 cents following revenue of $1.9 million their ceo on squawk later today. boyd gaming, casino operators seeing a loss better than expected cautiously optimistic about reopening. that stock up nearly 5%. and eastman kodak after president trump struck a deal with the company to help in the covid fight. that company filed for bankruptcy in 2012 will pivot to produce ingredients for generic drugs. that market cap up and up 53% pre-mar

. >>> and following the lead of amc and regal, krment inemark theaters will now require all guests to wear masks. originally it said it would only mandate it in cities that require it. they're looking to have more than 500 cinemas reopened by july 24th. >>> living with coronavirus means constantly evaluating the risk level of activities we all enjoy from summer camp to shopping. we've put together an interactive game where you can guest the risk and see what medical experts think about it. interesting and informative. abc7news.com is where you can find that. >>> it's been cooler, but it's going to warm up for the fourth of july weekend. >> meteorologist sandhya patel here with the fourth of july forecast. >> it's looking like a mighty fine fourth of july, that's all i can tell you, dan and liz. let's take a look at a beautiful sunset from our south beach camera tonight. sun went down at 8:35 and, yes, the marine layer in plain view along with the sea breeze did take temperatures down today. that cooling trend is going to continue because the marine layer has deepened to about 2,000 fe

california governor has ordered los angeles and 18 other counties to close again for the next three weeks amc regal announcing reopenings delayed to the end of next month and some saying holding out past july 10 could devistate an already devastated industry. joe, thanks for joining us i'd say good morning but i know how tough this has been for your business is there any sign of your guys coming out of this at all? are you going to be able to survive? >> we are hoping so. we were counting on movies being released in july with the delayed openings in california and new york, companies have pushed their openings further into july we have one open in richmond and in connecticut but with old product, it didn't really work out for us >> what is your status across the regions. >> and are there movies in theaters >> the first big movie is on july 31st of "unhinged" starring russell crowe. that's one movie you have multiple screened theaters you can only show it on so many screens. with streaming, netflix and amazon prime, every old movie you would want to see is available at your finger tips. showin

maybe early next year, michael tells the us that he thinks it makes sense that smaller players like amcworks or lion's gate would seek a buyer he says there's not much interest there right now another factor to watch is whether apple or netflix might want to buy a studio to bulk up their libraries. kelly. >> you talked about how there's a bit of deal talk going on but is there any real alternative for the halls and the paths where these people are typically interacting. >> there are these smaller deals that are still getting done. it's because a all these players, they really do already know each other which enabled them to continue having their conversations whether it's on the phone or over zoom or teams or one of these others or other formats. with so much uncertainty that's put a damper on the megadeals. some of the bigger deals have been done unless say something was spun out of one of the larger companies, there wouldn't be as much movement there for a megadeal >> that's true that's true. thanks so much >>> it's been over a year since the college admission scandal rocked america's

shares of amc spike.eet journal" reports the movie theater chain is getting close to a deal to avoid near term bankruptcy sources say amc is working on a restructuring deal that would have bond holders provide $200 million loan swapping out their unsecured claims at a discount currently amc is planning to re-open theaters in waves starting on july 30th. >>> the airline business taking another hit in the past week with the number of coronavirus cases and new quarantine restrictions from northeastern states that's all been affecting the industry and the prospects and that slow down now being reflected in united's flight plans and phil lebeau can bring us that story with more. >> reporter: yesterdayunited paired back their august schedule plans a day after they warned their employees that look there's a possibility that tens of thousands could be laid off. they have not issued more notices to those employees those have to be sent out 60 days in advance. it's clear united is preparing to become a much smaller

amc has delayed his reopening until mid-to-late august.,000 airline workers around the world have been fired, furloughed, foretold they will lose their jobs because of the virus. the biggest losses have been in north america, europe, and asia. job losses in related industries such as aircraft makers, airports, and travel agencies could reach 25 million. that is the bloomberg business flash. francine: thank you. there is a settlement in the case involving goldman sachs and malaysia's troubled well fun, one mdb. numbers are being -- are bigger than what we thought. how surprising is this? >> it is very surprising. they are talking about $2.5 billion in cash. , that wille number assets.the form of seed francine: if this is a number that gets confirmed, is that it? is goldman sachs no longer implicated in this? yudith: yes. numbers, therm the $2.5 billion cash amount. goldman thet of charges will be dropped. it does include a line that says droppingrnment is applications on other charges, including joe lo. in the statement it talks about how t

rob: six movie theater chain suing phil murphy over kim jong un foreclosures, they include amc, regals should be allowed to open due to first amendment rights and calling the decision to keep theaters closed but allowed churches to reopen a, quote, disparate treatment of entities with similar risks was the governor delaying parts of the state due to coronavirus cases. jillian: amazon will face prime competition, walmart is set to launch its new subscription service later this month. it will be called walmart watch and it will cost $98 a year and reportedly include same-day delivery, discounts on gas and product deals, they hope membership service will become an alternative to amazon prime. capitalism, my friends, competition. rob: wally world jumping in. the rapper is taking off his red maga had an talking about running for president. nobody is taking him seriously, donald trump also weighs in on this. jillian: steve doocy coming up on "fox and friends". >> he selected his vice presidential person, obscure preacher in the big sky country. he said he had covid-19 in february. he has ne

amc theaters is pushing back its locations mid to late august as states reimpose lockdowns. >>> hershey is preparing for a less sweet halloween. expecting fewer trick or treaters, it's going to make less halloween themed candies. halloween usually contributes 10%. they will have home candy bowls. >>> last week we told you about a michigan officer who went beyond the call of duty. now they have reunited. here's cnn's ryan young. >> reporter: the officer from the sterling heights police department of michigan got a heart stopping call of a baby in distress. >> he's blinking. >> i was about a mile away from the house. i was right around the corner when the call came out and the only information i got from our dispatch was there's an infant not breathing and everyone is screaming in the background. >> calm down. calm down. calm down. let me see the baby. >> dash cam video picks up the next seconds filled with fear. >> hold on. >> i was checking the baby's mouth to see if i could see anything. didn't see anything. next thing after that is try and do some back blows to dislodge whatever might

the other movie theater stocks it's up about 10% in the past three months it's being hit harder than amc is down about 2% today this after it said it has approval for a deal to reduce its meaningful significant debt load back over to you >> thank you >>> facebook continuing to face a wave after wave of scrutiny as the company remains under the microscope our nec guest saying that ceo mark zuckerberg, cannot hold onto such enormous power and avoid responsibility when things get tough, unquote what's that add up to. >> it adds up to wall street doesn't care as long as they are the only game in advertising they are very good in that regard there's not a lot of choice. most of the other competitors are small. there's no competitive marketplace for social nemedia. they own it. wall street is rewarding, which is what wall street should do. >> what's the practical imfact if facebook does decide to forego political advertising however that is defined. >> it's a lot of small candidates that need to use facebook there's a lot of people whose voices will be squelched it needs to be much more sophis

. >>> let's talk about movie theaters, in particular amc. that movie theater chain.ren, it looks like bankruptcy which was talked about is not in their future after all. lauren: investors are breathing a sigh of relief. the stock is up 5% right now. so it's a complicated deal but as the "wall street journal" reports, amc which is the largest theater chain, are closing in on a restructuring deal that would stave off bankruptcy. they will take a $200 million lifeline from silver lake group plus another $200 million in financing from some junior bond holders. amc has already warned of a loss of about $2.5 billion. they do not plan to reopen until july 30th. i think the question for everybody remains, can you imagine not having movie theaters anymore? i can't. i just don't know how you keep paying your bills when you are closed and you don't have customers coming in paying tickets. ashley: yeah. people are wary to sit close to someone else in a theater right now. that is the problem. it's getting that confidence back. lauren, thank you very much. thank you, everybody. th

. >>> look at amc theaters. major movie theaters are suing new jersey. susan, why?uing that since new jersey entered phase two of the reopening, includes retail stores, indoor shopping malls and places of worship, including churches, new jersey has no timeline for stage three which is when movie theaters can reopen. on first amendment grounds i find very interesting in the lawsuit, these movie theaters are arguing if churches can freely open and reside and why can't movie theaters do as well? going through the plaintiffs challenge, they're claiming constitutional injury. we have the resurgence of cases across the u.s., including new jersey. they are being more careful, but you know, amc and the like are saying this is a point of survival for them. lou: yeah. no, i understand. they may have a point with the church issue. all right, thank you, susan. this is interesting. he hasn't filed any paperwork but rapper kanye west is running for president. pastor darrell scott working very closely with kanye. i want to know is this all a plot to take votes away from joe biden?

theater owner amc has delayed its opening until mid-august. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm karina mitchell. this is bloomberg. much more to come. ♪ >> president trump has made very clear we need a strategy to protect the american economy and our weight of life. the free world must triumph under this new tyranny. jonathan: secretary mike pompeo on tour, and he keeps swinging and swinging at the chinese come is party. good morning -- the chinese communist party good morning. alongside tom keene and lisa abramowicz, i'm jonathan ferro. in your equity market, one hour and 12 minutes away from the cash open this friday, slightly firmer. down 0.3% on the s&p 500. , $1.1608.r came back yield higher by a single basis point to 0.58%. the focus now on washington, d.c. i got a message from a bloomberg subscriber moments ago, sending me a video of nomar. all you had to say was that he was playing with his baseball glove. tom: i said his ba

the movie chain amc is now warning it has serious doubts it can even stay in business.already shifting online. the pandemic has sped up this transition. >> the battle is being won by streaming right now and for the foreseeable future, that's going to continue. >> blockbusters, to be sure, will probably always be shown in the movie theaters, first. at least, for now. richard quest, cnn, new york. >> so you thought coronavirus was scary enough? well, not for some people in japan. i want you to take a look at this. it's a drive-in horror show in tokyo. so how does it work? members of the audience drive into a garage, one car at a time. then, actors, dressed as zombies, attack the car. banging on the hood and spraying fake blood for about 15 minutes. just horrifying. to get yourself scared out of your skin like this will cost you just $84. or, of course, you can just live in 2020, for free. thanks for watching cnn. i'm robyn curnow. the news continues with my friend paula newton after the break. you can't predict the future. but a resilient business can be ready for it. a d

amc just announced another delay in reopening its u.s. theaters due to covid-19.ovie chain now homes to reopen by mid-august. they operate 450 theaters across the u.s. now, disney will be delaying the release dates of many major films. the new live action mulan has been delayed again for the fourth time since march. it was supposed to be released by august but now it is delayed indefinitely. disney is the parent company of abc7. >> whenever this ends, we'll have a lot of movies to watch. a gas station filling up customers with a different kind of fuel. it is taking off. >> hi, larry. a family's home ransacked. belongings now in bags. the life savings gone. is this connected to an organized crime ripping? plus the difficulty of getting tested for covid-19 and what you need to hear now. has it been easy to get the coronavirus test? let us know. we'll have live results coming up. fenow there's more to wlove with xfinity x1,? the ultimate entertainment experience. like live sports. they're back with the best way to watch. and more streaming apps all in one place. more

viewer question and the d desk's thoughts on virgin galactic >>> welcome back we have a news alert on amc are near a deal to stave off bankruptcy it is up by almost 4%. g guy, we have heard about plans to reopen, plans to not require face masks then going back on the face masks but the longer all of this takes, the harder it is for this company to survive. >> yeah, i mean, they have a lifeline here clearly but, you know, you have to ask yourself, is the first thing you do when the dust settles and this gets clear up is run to the movies? people aren't going to the movies before covid and now you have to really wonder if people will be racing back. the business model is flawed although this is a lifeline for the stock, you know, i don't see any compelling reason to buy this year looking for 15 or 20% move. >> karen >> yeah, i kind of agree i mean, i don't know people will rush back but the other side of business is changing in that movie -- the companies that make the movies, production companies don't feel they have to go to theaters anymore the same way they used to that was sort of a mo

. >> reporter: a group of movie theater, including amc, regal cinemas are now suing the governor of newhil murphy, for his decision to not allow movie theaters to reopen. they take issue with the fact that the state has allowed places of worship, indoor malls, museums to open up at a limited capacity. the movie theater industry feels like why are they any different? movie theaters are the part of the next phase of reopening in this state but the state hasn't announce ned plans or date for when that next phase will begin. on monday, the state says that it wasn't going to reopen anything any time soon, considering the fact that the covid-19 rate of transmission is at a level in this state that hasn't seen in a couple of months. now we reached out to the governor's office about this suit and they had no comments. >> brynn, thank you for that report. there's a stunning new figure from the cdc that more than 16,000 covid cases have now been linked to meat plants and 90% of the workers infected are minorities. young woman whispering: hey, did you bring the... the condoms? young man whispering

shut down and movie theaters remain largely closed just want to look at the performance year to date amc shares are down 43%. this year's cinemark off 63% rosenblatagist says consumers will return to movie theaters at some point but if it's at significantly lower volume and revenue then disney will have to reevaluate if the con tetent is better served. chinese movie theaters are starting to reopen we'll have to see when enough theaters are open worldwide to justify a release of mulan or another big budget film counting on an international audience back over to you. you say there's one thing that matters to the bottom line what is it >> when you think about disney's exposure to the covid-19, there's no question the theme parks continue to be by far the greatest attention but having said that, i think the film studio with the high profile titles, the delay of mulan and star wars and avatar, i think there's a lot to be said about the fluidity of the situation, not just for disney studios but across hollywood in terms of the potential domino effect of this pandemic on the film schedule. it's

amc does not plan to open any theaters until the end of this month when it will have new movies to show including the live action version of woodlawn. walmart is getting ready to charge at amazon prime. they will wall rollout walmart plus per the service will cost $90 per year and members will receive same-day deliveries, early access to deals and discounts at home or gas stations. walmart is trying to amazon prime which costs $190 for an annual subscription. and oprah is letting drivers set the fair. the san francisco chronicle reports the name your price bear option is available for drivers in southern california and sacramento for now. it is expected to expand to the bay area in the next few weeks. drivers can charge as little as half the standard fare and is much as five times the standard fare. the change comes as oprah continues to push for drivers to be independent contractors instead of employees is required under 85 ab five. >>> the owner of a popular san francisco restaurant hopes to reopen almost 4 months after temporarily closing. they do this week, the greek restaurant will

. >> and amc, the largest movie theater chain is again delaying its reopening plans.y were hoping to begin this process this month, but now they say the goal is now some time in august >>> in a moment, we're going to speak live with dr. deborah birx who is the government's coronavirus coordinator. but let's begin with sam brock he's in miami beach. sam, good morning. >> reporter: savannah, good morning. i'm standing right now on a street where police were patrolling thursday fining people for not wearing masks everyone in a covid epicenter like miami to save people's lives. meet the reality of try to get them to follow the rules >> you're in violation of the order that you have to wear a mask >> reporter: mandates in miami to wear a mask or pay a price. in many ways mirroring critical country. >> these are our instruments of freedom. because they will give us the freedom to open. >> reporter: the u.s. surgeon general in florida providing a million masks to the hospitality industry as residents react to their shaky handle on the virus. >> without a response, that traje

. >>> they are pushing:reopening at amc as the cases increase across the country. they had originally hoped to reopen july 15th before delaying to the end of this month. now the company is eyeing mid- to-late august. >>> more americans are going to the gym for good? tell me about that. >> yeah, home gyms for the win according to others, three out of four respondents say that they have stay-at-home workouts that are better for their fitness goals and they have gotten into better shape during the lockdown. i want to know who those people are. they found more than half of people surveyed are exercising compared to those getting into better shape and boosting your immune system. >> i do not know about you but working from home, it is like the freshman 15. >> the home thing -- exactly, girl. yoow. ha great weekend, thank you so much. >> it is now the covid-19, not the freshman 15. hbo max is a racking up ubscribers. people would rather watch the television then do a workout in their home. this is after its first month after launch. be announced more than 4 million peopl

there's not a question about that i think universal and amc are involved in an experiment right now. and i think we'll see how it goes i've spoken to other studios, and i don't think they would do it quite the same way. other exhibitors have said they're not going to do it the same way i think an experiment is a good thing, giving consumers some more choice, and i think remember, the first big universal movie isn't for about six months also, until "fast and furious" this has a long way to play out before we conclude where it's going to go. >> all right well, obviously we'll monitor this experiment and let's hope we get to a point where a lot of your theaters are reopened >> thank you thank you all. >> carl? >> when we come back, a lot of buzz surrounding the grilling of the tech ceos at house judiciary yesterday. we're going to talk about google who reports tonight with a former google insider when we come back. dow is down 450. here's your cnbc news update at this hour. in just the last few minutes word that hermann cane has died. the 74-year-old former presidential candidate was ho

let's take a lack at amc theaters the movie theatre chain delaying its reopening again, and amc theatersning in mid-to-late august instead of this month. the stock unimpressed, no one is doing anything it's unchanged at just over $4. next, here is a name that we don't cover very often, i know that for a fact. sketchers, the shoe people. they've just posted a blowout earnings report. >> and said their early signs of recovery that's good news but for the consumer and the retail sector so narrower loss than anticipated in the quarter also e-commerce booming up 428% in those three months because people are ordering at home since they're stuck at home during the covid lockdown china doing better up around 11.5% and if you want to marry the sketch ers report with mattel what does this say about the consumer and this recovery we're seeing with people willing to open their wallet once again for toys and footwear and i asked the question to our producers who wears sketchers any more, because everybody flashed their sketchers at me so it's popular out there. ashley: wow i guess that's the ultimate

amc, cinemark and regal getting together on this lawsuit in the state of new jersey.t grounds, that they should be allowed to open, that's keeping them closed is a violation, the theaters argue, of their first amendment rights. so they talk in the complaint about how indoor shopping malls are allowed to open and places of worship are now allowed to start opening up and say what about us, what about movie theaters. it will be interesting to watch this work its way through the courts and see if it goes anywhere, if it forces the hand at all of the governor phil murphy in new jersey. the thing about "hamilton" that we were wondering once disney plus announced it was moving up the date from 2021 to release the movie version of the broadway show on friday, what kind of impact would this be, would it really move the needle in terms of downloads of disney plus. it looks like it has hundreds and hundreds of thousands of downloads around the world. in fact, they compared it in the u.s. to an average weekend in june, people downloading the disney plus app, and the increase is a

china is now spending billions to buy american companies, like smithfield foods, amc theaters, generalctric, all companies that they have purchased divisions of or parts or whole over the course of the last decade, just last year, the chinese spent at least $20 billion on u.s. real estate. financial and transportation and technology companies and assets. today the fbi director, christopher wray finally talked about what is going on with china and the dimension of threat against this country and the theft of american intellectual property and technology. christopher wray noting that chinese theft from the united states is the largest transfer of wealth in human history. the globalists at the chamber of commerce, the business roundtable, the u.s. china business council, other business groups want the united states to please appease china. communist china is, well, they think they should be coddled. so that the phase one trade deal would remain in effect. seriously. that is what they're asking of the president. they seek appeasement. they want him to drop his demands in a effort to balanc