• Naomie Olindo addresses her ‘Southern Charm’ exit

    Naomie Olindo addresses her ‘Southern Charm’ exit

    Naomie Olindo is grateful to be done with “Southern Charm.” The reality star, 27, revealed that she is content with her decision to exit the Bravo series, which she first joined in 2016. “I’m so thankful for what the show gave me because it does open a lot of doors and there are a lot …
  • Virgin Isles AG subpoenas major banks for Jeffrey Epstein financial records

    Virgin Isles AG subpoenas major banks for Jeffrey Epstein financial records

    The US Virgin Islands has subpoenaed multiple major banks for more information on Jeffrey Epstein’s finances, according to a report. Big financial institutions like Deutsche Bank, JPMorgan Chase and Citibank were told to turn over records, transaction information and communications relating to the dead financier, his estate, his companies, trusts and non-profits, ABC reported. The …
  • Remington gunmaker files for second bankruptcy in two years

    Remington gunmaker files for second bankruptcy in two years

    Remington Outdoor Company, one of America’s oldest gunmakers, has declared bankruptcy for the second time in about as many years with plans to sell its business. The 204-year-old firearms conglomerate continued to struggle with weak sales after a 2018 restructuring that slimmed down its hefty debt load and handed ownership to some of its creditors, …
  • Goldman revamps employee reviews, opening door to more job cuts

    Goldman revamps employee reviews, opening door to more job cuts

    Goldman Sachs is adopting a performance review system that will grade up to 10 percent of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years. The Wall Street bank’s new head of human …
  • ‘Dancing With the Stars’ eyes September start with COVID-19 protections in place

    ‘Dancing With the Stars’ eyes September start with COVID-19 protections in place

    EXCLUSIVE: “Dancing With the Stars” is looking to waltz into production in September as ABC and BBC Studios work through the health and safety protocols that will allow the competition format to light up the dance floor this year. The show, which is based on the BBC format “Strictly Come Dancing,” is entering its 29th …
  • Bankrupt Brooks Brothers offered deal to sell for $305M

    Bankrupt Brooks Brothers offered deal to sell for $305M

    A shopping-mall giant and a brand-licensing firm have offered to buy Brooks Brothers out of bankruptcy for $305 million. Sparc Group LLC — a partnership between Authentic Brands Group and Simon Property Group, the nation’s largest mall operator — announced its bid late Thursday to acquire “substantially all” of Brooks Brothers’ global operations along with …
  • AMC lenders try to outdo Silver Lake on debt-restructuring offer

    AMC lenders try to outdo Silver Lake on debt-restructuring offer

    There’s a battle brewing behind the scenes at beleaguered movie theater chain AMC Entertainment. A group of lenders led by Apollo Global Management is trying to dissuade AMC from taking a debt-restructuring offer from Silver Lake Group, proposing a competing deal that would carry the cinema chain through the pandemic, The Wall Street Journal said. …
  • Ann Taylor, Lane Bryant owner files for Chapter 11 bankruptcy

    Ann Taylor, Lane Bryant owner files for Chapter 11 bankruptcy

    The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, had been dragged down by debt and weak sales for years. As part of its bankruptcy …
  • Wells Fargo appoints CFO in leadership shake-up

    Wells Fargo appoints CFO in leadership shake-up

    Wells Fargo said Tuesday that Mike Santomassimo will replace John Shrewsberry as chief financial officer when he retires in the fall after more than two decades at the firm. Since taking over as chief executive in October, Charles Scharf has shaken up leadership at the bank and installed a slew of former colleagues and confidants …
  • Feds blast lavish bonuses for bankrupt Neiman Marcus’ execs

    Feds blast lavish bonuses for bankrupt Neiman Marcus’ execs

    The federal government is cracking down on fat bonuses for top executives of Neiman Marcus after The Post reported on the bankrupt chain’s controversial efforts to enrich its CEO. Henry Hobbs, the acting US Trustee overseeing Neiman’s Dallas, Tex., bankruptcy, blasted $10 million in bonuses Neiman has set aside for its senior staff, including CEO Geoffroy …