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Brooks Brothers will likely be sold out of bankruptcy for $325 million this week after the storied retailer’s leading suitor hiked its offer by $20 million. The New York-based clothier picked Sparc Group LLC — a partnership between mall owner Simon Property Group and brand-licensing firm Authentic Brands Group — as its winning buyer late …
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View this post on Instagram A post shared by SEA QUEEN 🧜🏾♀️ LA SIRENA (@azealiabanks) on Aug 9, 2020 at 7:04pm PDT Hours after fans expressed concern over troubling posts on Azealia Banks’ Instagram story, the rapper said Sunday that she is “better than I was before.” “I’m fine, better than I was before,” the …
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Azealia Banks sparked concern from fans on Sunday after a series of disturbing messages were posted to her Instagram story. “Yea, I think I’m done here,” the initial post began. “This pandemic, extreme lack of social interaction, no intimacy, combined with the constant public ridicule is making life harder than its worth. “I think I …
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The XFL has new owners — and they plan to tackle their investment with Hollywood flair. Dwayne “The Rock” Johnson and a group of investors have scooped up the floundering football league for just $15 million in a deal that got rubber-stamped by a US bankruptcy judge on Friday. But instead of rushing to push …
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Goldman Sachs on Friday lowered its previously stated quarterly earnings as the bank set aside more money to pay for its settlement with the Malaysian government over the multi-billion-dollar 1MDB scandal. Goldman lowered its net earnings applicable to common shareholders to $197 million from $2.25 billion, in a filing published Friday. The revised earnings reflect …
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Will the real Fairway please stand up? The supermarket chain that bought Fairway Market out of bankruptcy in March says the former owners of the Big Apple grocer have been engaging in shady tactics to steal its customers for a new business. Village Super Market, which operates the ShopRite chain of groceries, claims in a …
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Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in U.S. bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry. The airline made the Chapter 15 filing in U.S. federal bankruptcy court in New York after a proceeding in the United Kingdom. A …
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It gave haters a massive hangover — but to die-hard fans, “Coyote Ugly” has aged like a fine whiskey. Released 20 years ago Tuesday, the movie starred Piper Perabo as Violet, an aspiring songwriter from New Jersey who winds up bartending at the raunchy and rowdy NYC saloon owned by Lil (played by Maria Bello) …
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Lord & Taylor, the oldest department store in the US, has become the latest retailer to file for bankruptcy protection. The nearly 200 year-old chain, which got its start in 1826 as a dry-goods store in Manhattan’s Lower East Side, said in a Sunday bankruptcy filing was pushed over the edge by the “unprecedented strain” …
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Between the federal government and the Federal Reserve, about $10 trillion has been pumped into the US economy to prevent a pandemic-fueled economic collapse. Judging by the stock market, you would think we’ve sidestepped a 2008-size disaster. But stocks, at least in the short run, are rarely a good indication of what’s festering inside the …
Brooks Brothers will likely be sold out of bankruptcy for $325 million this week after the storied retailer’s leading suitor hiked its offer by $20 million. The New York-based clothier picked Sparc Group LLC — a partnership between mall owner Simon Property Group and brand-licensing firm Authentic Brands Group — as its winning buyer late …
