Village economy

On June 17, 2021, Team New Zealand flight controller Blair Tuke said "very difficult times" were at hand during the America's Cup offshore. Video / NZ HeraldNew Zealand's economy lost $ 293 million after hosting the 36th America's Cup, an…

The flow serious epidemic COVID-19 Delta variant in Fiji is pushing already strained health and community resources to the brink. With tourism at a standstill and the state seemingly unable to resolve the crumbling crisis, there has…

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Billionaires wearing badges no longer walk around Sun Valley Village in casual clothes. Reporters from…

Such a rule change would reallocate those local sales tax funds, which the city uses to fund essential city services, to locations in the state where products are delivered. (Claire Ricke / Community Impact Journal) The town of Round…

Wasini Island, 75 km from Mombasa, Ksitem Pungti Marine Park and Reserve It was created to protect picturesque islands and special habitats for a variety of endemic marine animals and migratory breeding birds. Marine parks managed and…

Season 26 of the destination will last 167 days. Dubai's Global Village has announced the opening dates for its 2021-22 season. The destination will open its doors to the world on Tuesday, October 26, 2021. Season 26 of the…

Erdogan's assertive foreign policy has become the key mantra of Turkey's approach to international politics, which is commonly seen under neo-Ottomanism. Its surprisingly proactive policies have opened up various geopolitical debates in…

On a piece of land behind his modest hut, Salim Alazwak inspects his fields of roses: “Some are for making jam, others are for decoration,” he says, pointing to the yellow flowers. “I don't use any chemicals”. Originally from Damascus,…

Long Island's industrial development agencies helped create more jobs than IDAs in any of the state's other nine regions - for the fifth year in a row, according to a new report.…

"We are delighted to see Bethpage Ride expanding to another of Suffolk's major city centers," said Bellone, Suffolk County Director. Supervisor Chad A. Lupinacci, Deputy Supervisory City Councilor Ed Smyth, PedalShare and Bethpage…

By RR Prasad * There have been several major transitions in our thinking about how Indian villages can become dynamic laboratories for innovation, entrepreneurship, and social and economic change. Historically, rural development policies…

When former New York City Council member Ritchie Torres decided to run for New York's 15th Congressional District seat in the 2020 election, he knew he would face uncertainty.Then 32, he was running against longtime New York politician…

The Sedona Chamber and Main Sponsor APS with underwriting support from Barlow Jeep Rentals and Weddings in Sedona have worked to bring together over 100 business leaders from the greater Sedona area to…

If you purchase books through links on our site, The Times may earn a commission from Bookshop.org, whose fees support independent bookstores.A few years ago, one of my beloved professors invited me back to my alma mater to give an informal…

Anthony Michael Cardoza has had his bankruptcy restrictions extended and for the next seven years is banned from running limited liability companies and must disclose his status when trying to obtain credit of £500 or more. In January…

Dorit Kemsley once said she believed in excess of everything - except moderation - but that may have to change. The The Real Housewives of Beverly Hills star and her husband, Paul "PK" Kemsleyhave made headlines for…

LOS ANGELES, September 25, 2019 /PRNewswire/ -- Ember, a design-driven temperature control technology brand ("Company") today announced that Crescent Cove Advisors LP (together with its affiliates, "Crescent Cove") has provided financing…

The CEO of the largest shopping center owner in the United States, Simon Property Group, said the retail sector appears to be "bottoming out" from a tumultuous wave of bankruptcies."We're in a year of high bankruptcies. ... There's no…

Century 21 was not a glamorous place to shop. The off-price department store chain, which filed for bankruptcy on Thursday, had more than a dozen locations to its name, but for me and my friends it was a portal to another world, one where…

Warren Buffett said: “Volatility is far from synonymous with risk. It's natural to consider a company's balance sheet when looking at its riskiness, as debt is often involved when a company fails. Above all, Fidia SpA (BIT:FDA) is in…

The stalled Aspen Club project will remain in a halted state on July 22. (Kelsey Brunner/The Aspen Times)Kelsey Brunner/The Aspen Times A bankruptcy judge on Wednesday rejected the Aspen…

One of the vessels sold at the bankruptcy auction - courtesy of Hermitage…

Guitar Center has approximately 300 locations across the United States and said it plans to continue providing service to its customers in its stores and on its website. WASHINGTON — Guitar Center filed for Chapter 11…

Credit: Unsplash/CC0 public domain The lockdown that has occurred as a result of the…

Matthew Fentress was just 25 when he fainted while filling cannolis as a cook for an elderly community six years ago. Doctors diagnosed him with viral cardiomyopathy, a heart condition that developed after a flu.Three years later, the…

This is the web version of Data Sheet, Fortune's daily newsletter of top tech news. To get delivered daily to your inbox, register here.It's not a new concept, but I heard the phrase "K-shaped recovery" for the first time on Wednesday.…

BRASILIA (Reuters) - Brazilian laboratory and hospital group DASA SA said on Wednesday it had agreed to conduct phase 2 and 3 clinical trials in Brazil for a COVID-19 vaccine developed by COVAXX, a unit of the US private company United…

VICTORVILLE — The Chuck E. Cheese restaurant in Victorville dodged the bullet for closure this week after its parent company filed for Chapter 11 bankruptcy on Wednesday.On Friday, CEC Entertainment, which also owns the Peter Piper Pizza…

Chuck E. Cheese — where kids could be kids while parents nursed their headaches — files for bankruptcy protection.The 43-year-old chain, which attracted kids with pizza, video games and a singing mouse mascot, was struggling even before the…

The 61-year-old company - the largest musical instrument retailer in the United States - had been trying to stay afloat during the coronavirus pandemic by offering virtual music lessons. But Guitar Center was forced to close many of its…

Retailers on the brink are counting on what is perhaps the most uncertain holiday season ever for one last chance at survival.Why is this important: Giants like Amazon and Walmart (as well as those that have benefited from work-from-home…

The coronavirus recession has pushed dozens of struggling businesses into bankruptcy, triggering a wave of…

One by one, three men from the same tight-knit community took their own lives.Their deaths spanned two years from mid-2015 and rocked the village of Georgetown, Ohio, about 40 miles southeast of Cincinnati.All were in their 50s and 60s.All…

Kids of the 80s and 90s remember and love Chuck E. Cheese, an oasis of video games and trash pizza in a sad, boring world. Unfortunately, Chuck seems to be in trouble. While the restaurant and gaming chain still operates around 600…

Our legal system offers a proven option for those who cannot pay their debts: bankruptcy. Individuals and businesses use it all the time. The debtor submits to a court which tries to find the fairest possible settlement with the creditors.…

BANGKOK (Reuters) - Thailand's bankruptcy court said on Monday it had scheduled two more days of hearings to consider Thai Airways International Pcl restructuring request. The central bankruptcy court said in a…

Elon Musk has revealed Tesla is "about a month away" from bankruptcy as the company struggles to ramp up production of the Model 3.In a candid exchange with a Twitter follower, the billionaire explained that Tesla had been in "production…

The YMCA of Topeka, Kansas, is seeking to reorganize under Chapter 11 bankruptcy as others across the country try to survive with skeletal crews amid the coronavirus pandemic.The Topeka Y owes $5.26 million to bondholders represented by…

The Neiman Marcus Group has officially filed for bankruptcy protection during the coronavirus crisis. The company announced on May 7 that it had reached a restructuring support agreement with a significant majority of its creditors to…

This former shipyard town turned suburban Bay Area village seems to have avoided a rare move in California and across the country: declaring bankruptcy.A gloomy city council had been gearing up for a vote on Thursday night after putting the…

Chuck E. Cheese — where kids could be kids while parents nursed their headaches — is filing for bankruptcy protection. The 43-year-old chain, which attracted kids with pizza, video games and a singing mouse mascot, was struggling even…

FORT WORTH, Texas--(BUSINESS WIRE)--FTS International, Inc. (NYSE American: FTSI) (“FTSI” or the “Company”) today announced that it has entered into a Second Amended and Restated Restructuring Support Agreement (the “RSA”) with…

Diving Brief: A Delaware bankruptcy judge granted Ruby Tuesday a two-month rent payment deferral, or about $5.5 million, on Thursday after hearing the chain's plan to provide landlords…

Sign up for our special edition newsletter to get a daily update on the coronavirus pandemic. The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy Thursday, the latest retailer to do…

More than 200 oil and gas companies in North America have filed for bankruptcy since 2015, and the list of victims could continue to grow this year.From 2015 to November last year, 208 companies filed for bankruptcy, according…

The Big Ten announced their conference schedule on Wednesday, with Maryland men's basketball set to play 20 games in 83 days. Despite the effect COVID-19 has had on other sports, the schedule appears to be relatively aligned with a…

NEW YORK — There's no way to sugarcoat it: 2020 has been a brutal year for restaurants and stores. The pandemic, massive debt and a shift in shopping and dining habits have created a deadly cocktail of bankruptcies and closures.New data…

After battling declining sales and pressure from activists a year ago, Bed Bath & Beyond is trying to regain its footing during the global Covid-19 pandemic, which has changed the way people use their money. Growing portions of…

HUNTSVILLE, Ala. (WAFF) - For the second time in three years, Huntsville-based firearms and ammunition maker Remington Arms has filed for bankruptcy.Now the company is being spun off and sold to various buyers at an auction.On September…

Shares of PG&E Corp. climbed $1.98 or 16.5% to close at $13.99 on Tuesday after the company filed for Chapter 11 protection, despite common shareholders being wiped out in the vast majority of bankruptcies.Although it sounds like…

By Rick Archer (August 20, 2020, 6:29 p.m. EDT) — A New York bankruptcy judge on Thursday approved the sale of insolvent textile maker Northwest Co. to Ashford Textiles after Ashford beat a bidder with a revised bid of $24 million…

Toys "R" Us has hired restructuring advisers from famed law firm Kirkland & Ellis as it tries to deal with hundreds of millions of dollars in maturing debt, according to two people briefed on the matter.Among the options being…

A proposed debt offering by Royal Caribbean Cruises will offer the latest indication of investor…

Cirque du Soleil has filed for Chapter 15 bankruptcy Cirque du Soleil has filed for Chapter 15 bankruptcy Montreal-based Cirque du Soleil has filed for bankruptcy.Company officials blame the coronavirus pandemic.Cirque du Soleil has filed…

Studio Movie Grill, the 33-unit movie theater chain, declared Chapter 11 bankruptcy on Sunday after the pandemic sapped much of its sales. The Dallas-based company, which just two years ago received a $75 million investment and was one of…

Reproduced from Moody's Investors Service; Table: Axios visualsRetailer J. Crew's Chapter 11 bankruptcy filing on Monday "is likely the first of many companies to restructure either in court or out of court over the next two years,"…

A major National Rifle Association donor is set to challenge key aspects of the gun group's bankruptcy filing, in a bid to hold executives accountable for allegedly defrauding their members of millions of dollars to support their own lavish…

On the surface, the case of Sundial producers (NASDAQ:SNDL) the stock is not weird. It's the price that's the problem. Source: Jetacom Autofocus / Shutterstock.com The somewhat specialized cannabis producer saw its stock get…

As the Sports Authority navigates the choppy waters of Chapter 11 bankruptcy protection, the struggling sporting goods retailer and its creditors are exploring two options: • Helping out $1.1 billion in heavy, unpaid debt; streamline…

A proposal by 24 Hour Fitness Worldwide Inc. to pay a total of $8.8 million in bonuses to 22 top executives is "excessive and unreasonable," a federal bankruptcy watchdog has said.The bankrupt health club operator has failed to prove the…

By Elise Hansen (December 7, 2020, 11:16 a.m. EST) — Oilfield drilling services company Superior Energy Services filed for Chapter 11 protection in Texas bankruptcy court on Monday with a plan in hand to trade 1, $3 billion of debt…

By Jessica DiNapoli, Tracy Rucinski(Reuters) - Toys "R" Us Inc has paid $400 million in interest on its debt each year, largely thanks to its $6.6 billion leveraged buyout in 2005. This week it succumbed to the burden of its debt, leading…

Pacific Gas & Electric Co.'s plan to emerge from bankruptcy mid-year under a mountain of debt stemming from wildfires sparked by its electrical equipment would leave the beleaguered huge utility a 'junk bond company' the mayors of San…

Many assume that athletes are set for life once they sign those big contracts worth millions of dollars to play some kind of sport. But the truth is, like everyone else, they need financial savvy to make smart decisions with their money,…

Modell's Sporting Goods is preparing to file for Chapter 11 bankruptcy as early as Sunday, The Post has learned. The 131-year-old sports equipment retailer has stopped seeking a white knight investor to help it…

Dallas— The Neiman Marcus Group has filed for Chapter 11 bankruptcy as the Dallas-based luxury retailer begins negotiations with its creditors to restructure its debt. Upon emergence, the company plans to eliminate approximately $4…

Until three years ago, Boris Becker was at the top of tennis. As Novak Djokovic's coach, he helped the world number one win six Grand Slam titles, including one career Grand Slam. In a way, it reflected his own genius as a player. But…

Three NYU administrators sent a university-wide email on Monday, April 27 detailing the university's net losses from the coronavirus and its supposed next steps for the coming months. President Andrew Hamilton, Provost Katherine Fleming and…

Jhe legal drama surrounding the closure of six of Franklin Templeton's local Indian mutual funds will soon come to an end, but the outcome sheds a cruel light on how the country manages its capital markets. Nearly 97% of unitholders voted…

By Jeff Montgomery (May 24, 2016, 8:10 p.m. EDT) - Aspect Software Parent Inc. rushed to release an abbreviated Chapter 11 on Tuesday, gaining confirmation from a Delaware bankruptcy judge for the plan to call center company to…

Placeholder while loading article actionsOn Monday, New York Attorney General Eric Schneiderman penned an open letter urging anyone who might bid on Weinstein Co., the now-bankrupt studio founded by Harvey Weinstein, to include money to…

Barely one out of 18 companies in liquidation was entirely dissolved in this process. And more than a third of these 914 companies do not meet the legal one-year deadline for dissolution under the Insolvency and Bankruptcy Code.This is…

Two non-profit organizations have just teamed up to provide veterans with free access to financial advice and home ownership.The initiative is a collaboration between HLP, which specializes in helping families with their housing issues, and…

This story was updated at 5:37 p.m. on Wednesday, August 19, 2020, with more information. CBL Properties, the owner of the Chattanooga-based mall hit by the coronavirus outbreak, unveiled a plan on…

The US government authorized Johnson & Johnson's single-dose COVID-19 vaccine on Saturday, enabling millions more Americans to be vaccinated in the coming weeks and setting it up for additional approvals around the world.…

KidsPeace, the Orefield-based organization that has treated troubled children for more than a century, emerged from bankruptcy on Friday after losing more than $80 million in pension obligations and millions of dollars in annual…

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In the face of rising anti-Asian rhetoric amid the coronavirus pandemic, Marjorie Antonio organized “Not Your Model Minority: Pandemic, Proximity and Power“, a multimedia art exhibition presenting five perspectives on the…

The integrated cancer care network had some 347 sites in the United States and Latin America and while there, Tzoumakas helped the company partner with more than 1,000 physicians, CDI noted. Australian oncology and cardiology provider…

File voluntary petitions for reorganization under Chapter 11 Continuation of normal operations through a court-supervised process PLANO, Texas, July 30 28, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the…

CONNEAUT LAKE - All parts and parts of the 129-year-old Conneaut Lake Park - the Conneaut Hotel, the Blue Streak roller coaster and nearly 200 acres of property, some of which are beachfront - will soon be in the hands of people. a new…

Shopping mall owners are beginning to file for bankruptcy protection or close, the latest signs the pandemic is worsening a crisis that began before Covid-19. CBL…

A bankrupt Pittsburgh law firm filed for Chapter 11 bankruptcy in January, for the second time in five years, after falling behind on payments from its previous bankruptcy plan and racking up charges social charges and…

In the energy industry, it is common for oil and gas well operators to “write off” unpaid joint interest billings (JIBs) from direct interest income payments in the normal course of business. However, as soon as a petition is filed by a…

After decades of arming American soldiers, first with the Vietnamese-era M16 and then with the modern M4 rifles transported to Iraq and Afghanistan, famed arms manufacturer Colt lost its contract with the military in 2013. He never…

These are the immortal words that Michael Scott thundered to the drones of Dunder Mifflin after hearing Creed Bratton, whose source is dubious, say that bankruptcy is “the reversal of nature; it's a new start; it's a clean slate. Well,…

A recent bankruptcy case currently on appeal is being watched closely for the significant economic impact it could have on debtors and creditors alike. On October 26, 2020, at In re Ultra Petroleum Corp.the U.S. Bankruptcy Court for the…

Amanda Drane, Personal editorJune 9, 2020Updated: June 10, 2020 08:27 A man walks past a Men's Warehouse store in New York.Staff member Andrew!-->!-->!-->!-->!-->…

EEuropean stock markets are on the rise as the end of the trading session approaches. Europe The European Central Bank (ECB) left interest rates and the Pandemic Emergency Purchase Program (PEPP) on hold,…

IIt's the perfect summary of 2020 to say that, in the commercial real estate industry, it's been a much better year to be a bankruptcy lawyer than a retailer. Neiman Marcus, JCPenney, Brooks Brothers, Lord & Taylor, CEC Entertainment…

Podcast: The Value of Two Cents…

A consortium of lenders has agreed to end the bankruptcy process of struggling Bhushan Power & Steel Ltd by accepting a conditional offer from JSW Steel.The lenders voted with a 97% majority to accept an upfront payment of Rs 19,350…

7250 S. Shore Drive is among the south side residential developments in the Better Housing Foundation portfolio that will be sold in bankruptcy court. (Credit: Google Maps) A 545-unit South Side apartment portfolio owned by a…

This is an archived article and the information in the article may be out of date. Please look at the timestamp on the story to see when it was last updated. GREELEY, Colo. — The Greeley Police Department believe road rage…

Struggling workplace provider WeWork has sold community meeting platform provider Meetup to a consortium of investors led by AlleyCorp. Terms of the deal were not disclosed, but Fortune announced today that Meetup sold for a fraction…

Confidence leaves the economy. As businesses and individuals fail to pay their bills, there is the backlash of entities protecting themselves against bad debts.In publishing, that means publishers fear ad-tech vendors may default and fear…

Having spent much of the millennium flirting with the idea, donald trump actually announced on June 16 that he was going to run for the Republican presidential nomination (or, at the very least, spend as much time as he can to draw…

the coronavirus dismantled another large restaurant chain. Ruby Tuesday said Wednesday it had filed for Chapter 11 bankruptcy and would permanently close 185 sites that had been temporarily closed due to the pandemic. Ruby Tuesday…

He said he owed his two main creditors – the munitions company St. Marks Powder and Eco-Bat Indiana, a producer and main recycler – a combined $3.5 million. It also lists the states of Alabama, Arkansas, and Missouri, and the city of…

Allowing states to declare bankruptcy could be constitutional if Congress avoids infringing on state sovereignty and relies on court oversight rather than outside counsel. It would not be difficult to create a bankruptcy system for "a…

Jason Bennett saw price shocks at Baker Botts offices around the world, including in Moscow in 1998 when oil plunged to $10 a barrel. Back then, when struggling companies saw bankruptcy as the only way out, there was no doubt that they…

The debt associated with North American oil and gas bankruptcies in 2020 has already reached an all-time high. Rystad Energy said in a statement sent to Rigzone on Thursday, adding that debt is expected to…

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Guitar Center, Inc. ("guitar center”) announced today that it has emerged from bankruptcy following the successful completion of its reorganization plan (the “Plan”) under Chapter 11 of…

(Reuters) - In ordinary times, I write about important developments in major litigation. Obviously, these are not ordinary times. COVID-19 - and the economic consequences of mitigating the spread of the virus - has suddenly become the…

When sprinter Marion Jones was in her prime, she received between $70,000 and $80,000 per run, plus $1 million a year in endorsement deals from brands like Nike, who proudly sported her swoosh alongside her abs . . At the 2000 Olympics in…

Amid rumblings of angry employees and debts owed, by Trudya Tex-Mex institution since 1977, has filed for Chapter 11 bankruptcy protection. Among its restaurants, Trudy's South Star on Little Texas Lane and South Congress Cafe remain…

Low-cost carrier Norwegian has secured a brighter future for itself after finally getting its bondholders to accept a substantial debt-for-equity swap today. Creditors will have more than $900 million of debt-to-equity swaps at their…

Landowners are watching closely as Chesapeake Energy, a company that led Pennsylvania's natural gas boom,…

"I always said I would throw a parade if people went along with my plans," Warren said in an interview. "There's a lot of indications actually - think about it - that they already have."Get the coronavirus nextThe next phase of our…