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Quick takes

WELCOMES INTERN: Evan Cuomo is joining Cedar One Realty as an intern.

He is a lifelong resident of Follansbee, where he resides with his parents, Jason and Dana Cuomo, and sister, Caitlin.

Cuomo graduated from Brooke High School in 2018 and is a junior at West Virginia University. He is majoring in finance with a minor in residential real estate. He is a member of Phi Sigma Theta National Honors Society, National Society of Collegiate Scholars and the West Virginia University President’s List.

Upon graduation, he hopes to become a real estate broker/investor and is looking forward to obtaining his real estate license.

CONCERNS: Movie theater chain AMC warned that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the Internet.

All of AMC’s theaters are shut down through June, which means the company isn’t generating any revenue. AMC says it has enough cash to reopen its theaters this summer, as it plans to do.

CONTRACTS: The U.S. services sector shrank for a second month in May as the coronavirus pandemic triggered shutdowns and layoffs around the country.

The Institute for Supply Management said Wednesday that its service sector index stood at 45.4 in May, up slightly from an April reading of 41.8.

From staff and wire reports

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