Macau casinos won $33 billion last year, a 19.1 percent increase on 2016 and the enclaves first annual gain since 2013. With the millions of visitors that venture to Chinas special gaming zone each year, the risk of both terrorism and organized crime is an ever-present and paramount concern. Macau casinos enjoyed a prosperous 2017.…
Most of the counties in Kansas are offering to pay off up to 20 percent (or up to $15,000 over five years) of the student debt of new residents who hold college degrees, according to CNBC. To qualify for the recruitment perk, which the Kansas Department of Commerce is administering to help give a boost to…
CHICAGO, Jan. 5, 2018 /PRNewswire/ — Heidrick & Struggles (Nasdaq: HSII), a premier provider of executive search, leadership assessment and development, organization and team effectiveness, and culture shaping services, today announced a restructuring plan to reduce overall costs and improve efficiencies in its operations over the next several months. The expected annual cost savings from the…
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. New York REIT, Inc. (NYSE: NYRT) (the “Company” or “NYRT”), which is liquidating and winding down pursuant to a plan of liquidation, announced today the Company’s Board of Directors has declared a cash liquidating distribution of $2.00…
A former director of the company that ran Clerys department store prior to its controversial liquidation in 2015 has pleaded guilty to a criminal offence under employment law. Brendan Cooney with an address at Weirview Drive, Stillorgan, Co Dublin was a director of OCS Operations Ltd – the company that ran the retail operation based on Dublin’s…
MUMBAI (Reuters) – China Development Bank (CDB), the biggest foreign lender to India’s Reliance Communications Ltd (RCom) <RLCM.NS>, on Friday withdrew a petition seeking to drag the indebted telecoms carrier into insolvency. A lawyer for CDB told the National Company Law Tribunal that the Chinese bank had filed to withdraw the petition. The tribunal allowed…
Roughly $2 million worth of merchandise from bankrupt local retailer Prestige Appliance will be liquidated starting Saturday morning at the companys Aiken showroom and warehouse. A similar sale begins Tuesday at its Columbia, S.C., store, according to Grand Rapids, Mich.-based Liquid Asset Partners on behalf of the U.S. Bankruptcy Court trustee assigned to the Chapter…
MINNEAPOLIS–(BUSINESS WIRE)–Apogee Enterprises, Inc. (Nasdaq:APOG), which provides distinctive solutions for enclosing commercial buildings and framing art, today announced details of the planned restructuring referenced in its December 21, 2017, third-quarter earnings release. As part of our initiatives to diversify and strengthen our business for more stable performance in any economic cycle, Apogee is making significant…
BISMARCK, N.D. (AP) Sears Holdings Corp. is closing more than 100 stores around the country, including the Sears in Bismarck and the Kmart in Devils Lake. The company says employees at 64 Kmart stores and 39 Sears stores were notified Thursday that it was closing the stores between early March and early April. Company officials…
The Institute of International Finance has warned of heavy emerging market redemptions noting that over $1.5 trillion of bonds and syndicated loans would be maturing through to the end of 2018. China, Russia, Korea and Brazil have a heavy dollar-debt repayment schedule this year with the Asian superpowers debt becoming an increasing concern for other…