Fashion designer Georgina Chapman has broken her silence about the scandal involving her disgraced ex-husband Harvey Weinstein, telling Vogue's Jonathan van Meter that she was “humiliated and so broken” to learn about the allegations of sexual assault, claiming that she "never" knew of Weinstein's alleged behavior.
“That’s what makes this so incredibly painful: I had what I thought was a very happy marriage. I loved my life.”
House lawmakers have released more than 3,000 Facebook ads published from 2015 to late 2017 by Russia-based Internet Research Agency, which were used to sow division across the U.S. through the 2016 presidential election, that appeared on Facebook and Instagram feeds with political and racially-charged messages.
Latin America may be taking more concrete steps to meet Paris Agreement targets than any other region, according to a new report from the Atlantic Council.
Why it matters: Ahead of the 24th Conference of the Parties to the UN Framework Convention on Climate Change (COP24), when countries will check in on their national plans to implement the Paris Agreement, Latin America has demonstrated how smart policy and government support can lower fuel costs and emissions. Energy solutions developed there could be showcased at COP24 for other developing countries to emulate.
Sinemia, a movie theater subscription service, is starting to gain steam in the United States as its primary competitor, MoviePass, enters uncertain financial waters thanks to its cash-hemorrhaging model that offers one movie per day for $10 a month, per Wired.
The big picture, from Axios' Sara Fischer: Shares for MoviePass' parent company Helios and Matheson plunged yesterday after the company basically conceded that MoviePass' structure is forcing it to burn through cash. And the service's spending might continue to balloon: MoviePass CEO Mitch Lowe told Axios earlier this year that he expects the subscriber growth for the company to continue — at a rate of 80,000 to 120,000 new subscribers a week.
"Median pay reached $12.1 million for CEOs of the biggest U.S. companies in 2017, a new post-recession high, as profits and stock prices soared," reports the Wall Street Journal.
The details: "Most S&P 500 CEOs received raises of 9.7% or better last year," and "CEOs at pharmaceutical, media, technology and financial firms dominated the WSJ’s pay ranking, taking 16 of the 25 top spots."
The Labor Department plans to announce changes to regulations today that would reduce labor protections that, for decades, have protected 16- and 17-year-old apprentices from working longer hours on hazardous jobs, according to a Bloomberg Law report.
The big picture: The Trump administration has been working to cut government red tape that POTUS believes gets in the way of good business practices — for example, Trump's infrastructure plan that would shorten permitting processes by years. It also fits with Trump's goal of expanding apprenticeship programs, though the proposal is likely going to raise alarm amongst child labor advocates.
The New York Times has awarded FX the rights to its new weekly TV series, The Weekly, based in part off of the success from The Times' hit podcast, The Daily.
Why it matters: It's the New York Times' first foray into television and FX's first foray into news.
NBC has released a report of its internal investigation into sexual harassment at the company after Today host Matt Lauer was fired due to allegations of sexual misconduct.
The big takeaways: The investigators found that: Lauer engaged in inappropriate sexual conduct with women at the company; there is credible evidence that claims of harassment by Lauer were not reported to direct managers or human resources; and there is no culture of sexual harassment at NBC News.
President Trump suggested in a Wednesday morning tweet that one way to fight negative media coverage —which he equated to "fake" news — would be to take away "corrupt" reporters' credentials.
Walmart made it official this morning, announcing that it will pay $16 billion for a 77% stake in Indian e-commerce leader Flipkart. Included in that total is a reported $3 billion investment from Google's parent company, Alphabet.
Why it matters: Amazon just suffered the sort of defeat that is usually reserved for physical retailers.
