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  • COVID-driven divide emerges on Wall Street as bonus season looms

    COVID-driven divide emerges on Wall Street as bonus season looms

    November 12, 2020 | 01:20pm

    The US banking industry has weathered eight months of COVID-19, and bonus season is shaping up to be “A Tale of Two Wall Streets.” Banker bonuses overall are on track to drop by as much as
  • Revlon confirms it has reached a deal to avoid bankruptcy

    Revlon confirms it has reached a deal to avoid bankruptcy

    November 12, 2020 | 11:14am

    Revlon said Thursday it has closed a debt-exchange with creditors including billionaire Carl Icahn that will save the company from bankruptcy. Confirming an exclusive Wednesday report by The Post, the
  • Revlon reaches deal with Carl Icahn to avoid bankruptcy

    Revlon reaches deal with Carl Icahn to avoid bankruptcy

    November 11, 2020 | 11:53am

    Revlon’s embattled chairman Ron Perelman has reached a deal with corporate raider Carl Icahn to keep the cosmetics giant out of bankruptcy, The Post has learned. The terms of the deal
  • JCPenney set to emerge from bankruptcy after court approval

    JCPenney set to emerge from bankruptcy after court approval

    November 10, 2020 | 03:11pm

    J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a US bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary
  • Struggling AMC chain launches private theater rentals program

    Struggling AMC chain launches private theater rentals program

    November 10, 2020 | 12:22pm

    AMC, the world’s largest movie theater chain, is making its cinemas available for private screenings in a bid to shore up attendance amid the pandemic. A new package deal will let parties as
  • Goldman Sachs CEO tells bankers to ‘look up’ amid election unrest

    Goldman Sachs CEO tells bankers to ‘look up’ amid election unrest

    November 05, 2020 | 02:15pm

    Goldman Sachs chief David Solomon is trying to calm his troops while the tumult of the 2020 election continues to unfold. In an audio message to Goldman staff on Wednesday evening — emailed out
  • Jamie Dimon urges ‘faith’ and ‘patience’ amid election uncertainty

    Jamie Dimon urges ‘faith’ and ‘patience’ amid election uncertainty

    November 04, 2020 | 01:01pm

    JPMorgan Chase boss Jamie Dimon is urging ”faith,” “patience” and “fortitude” as Wall Street sorts through a tense presidential election that may not get resolved
  • Banks rushing to pay fines in case Biden wins election

    Banks rushing to pay fines in case Biden wins election

    November 03, 2020 | 09:11pm

    Fines are in season on Wall Street — and yes, there just might be a connection with election season. Big banks are lately paying record penalties to US regulators, with insiders blaming the trend on
  • AMC quarterly loss grows to $900M amid pandemic

    AMC quarterly loss grows to $900M amid pandemic

    November 02, 2020 | 06:41pm

    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

    November 02, 2020 | 10:44am

    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.
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