• Mark Cuban shells out for 20 percent stake in vegan deli

    Mark Cuban shells out for 20 percent stake in vegan deli

    Mark Cuban has seen the future of vegetarian dining — and it comes with spicy mustard, sauerkraut, and a side of greasy potato chips. Last November, the billionaire “Shark Tank” judge shelled
  • AMC quarterly loss grows to $900M amid pandemic

    AMC quarterly loss grows to $900M amid pandemic

    AMC Entertainment’s third-quarter loss widened to more than $900 million as it to get pummeled by the economic fallout from the coronavirus. The nation’s largest movie theater chain, which
  • Friendly’s restaurant chain files for bankruptcy amid COVID-19 crunch

    Friendly’s restaurant chain files for bankruptcy amid COVID-19 crunch

    Friendly's, the iconic East Coast restaurant chain famous for its ice cream, has filed for bankruptcy after the coronavirus pandemic upended its turnaround plans.
  • Jittery Wall Street banks brace for election-fueled uncertainty

    Jittery Wall Street banks brace for election-fueled uncertainty

    Large Wall Street banks have been running “war game” drills in their trading businesses and preparing clients for unexpected scenarios around next week’s elections, hoping to avoid
  • Deutsche Bank eyes bonus hikes after surprise quarterly profit

    Deutsche Bank eyes bonus hikes after surprise quarterly profit

    Deutsche Bank plans to reward its top-performing bankers with higher bonuses this year after its investment arm helped it post a surprise third-quarter profit. The German megabank has piled up a
  • Afghanistan: overactive Taliban propaganda at the time of peace talks

    Afghanistan: overactive Taliban propaganda at the time of peace talks

    Jalaluddin Haqqani, 'great reformer and conqueror' of Afghanistan. The elegiac documentary dedicated to the founder of the eponymous network, accused of the worst atrocities, highlights how much the Taliban's propaganda has progressed and evolved: they now portray themselves as competent administrators as they negotiate the country's future in Doha.
  • Photography: The week in pictures (October 9-16)

    Photography: The week in pictures (October 9-16)

    In Bangladesh, after numerous protests calling for justice for victims of sexual violence, the government decided to make rape a capital offense.
  • Judge blasts bankrupt Hertz’s ‘offensive’ plan to pay big bonuses

    Judge blasts bankrupt Hertz’s ‘offensive’ plan to pay big bonuses

    A federal judge blasted bankrupt car-rental firm Hertz’s proposal to pay top executives millions of dollars in bonuses as she shot down the plan Thursday. US Bankruptcy Judge Mary Walrath directed the beleaguered company to revise its “offensive” proposal offering up to $14.6 million in bonuses to Hertz employees, including $5.4 million for senior executives. …
  • Nearly 60 percent of COVID-19 business closures are permanent: report

    Nearly 60 percent of COVID-19 business closures are permanent: report

    Nearly 60 percent of businesses that closed nationwide during the COVID-19 pandemic are never reopening again, according to a report. The vast majority of those businesses are restaurants and gift stores, according to Yelp’s Local Economic Impact Report, a monthly survey of business listings. As of Aug. 31, 163,735 businesses were listed as closed, with …
  • New York Sports Clubs’ bankrupt owner secures $20 million loan

    New York Sports Clubs’ bankrupt owner secures $20 million loan

    Town Sports, the bankrupt owner of New York Sports Clubs, secured $20 million in financing from its lenders to keep it afloat while it searches for a buyer. The tentative deal comes just two days after Town Sports filed for Chapter 11 bankruptcy protection in Delaware and buys the company time to reopen and maintain …