WGA Strike Just Hours Away From Commencing as Current Agreement Set to Expire
Hollywood could experience its first writer's strike in 15 years if the Writer's Guild of America and the Alliance of Motion Picture are unable to reach an agreement on new contracts. Writers are looking for increased pay and more flexibility to work on multiple shows during down time. Cheddar News senior reporter Michelle Castillo said many of the changes the WGA are seeking stem from a transformation of the industry due to the streaming TV boom.
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
