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Diamond Sports Group, the bankrupt Sinclair Broadcast Group subsidiary that manages the Bally Sports regional channels, seemed almost certain to face liquidation as recently as early January.
But then its fortunes began to turn around.
In early February, Diamond filed three bankruptcy court motions, indicating that it had somehow, some way, through mediation, reached agreements with the Texas Rangers, Minnesota Twins and Cleveland Guardians to keep the team on its regional sports network through Major…
Conspiracy theorist Alex Jones’ Infowars broadcasts could end next week as he faces a court-ordered auction of his company’s assets to help pay the more than $1 billion defamation judgment he owes families of victims of the Sandy Hook Elementary School shooting.
Or maybe not.
Both opponents and supporters of the bombastic internet show and radio host have expressed interest in bidding on the Infowars properties he has built over the past 25 years. They include Roger Stone, an ally of Jones and Donald Trump, and anti-Jones progressive media groups. If Jones supporters buy the assets, he could end up staying on Infowars.
Up for sale are everything from Jones’ studio desk to Infowars’ name,…
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This past year, lawmakers in the tri-state area were focused on expanding access to maternal health support, strengthening consumer protections against medical debt, boosting access to mental health in schools and more.
Here are some new health care laws coming to Pennsylvania, New Jersey and Delaware that take effect in 2025.
Pennsylvania
Safe Haven laws
By Jan. 1, urgent care centers and health care providers…
Congress narrowly averted a government shutdown with the passage of a stopgap funding bill shortly after midnight on Saturday (Dec. 21). According to CNN, President-Elect Donald Trump was “frustrated” that his demand for a debt ceiling increase was dropped from negotiations.
The 11th-hour deal provides funding through March 14, 2025, and includes $100…
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Two popular Melbourne venues have collapsed owing more than $1 million to creditors as administrators urgently seek a buyer to keep the “much-loved, iconic” hospitality businesses afloat.
Tracey Lester, owner of The Carlton Club and the Windsor Castle Hotel, brought in Cor Cordis administrators Rachel Burdett and Shaun Matthews late last month to explore either a restructure or sale of the businesses.
“The past few years have been incredibly challenging as we navigate the ongoing impacts of the Covid-19 pandemic on both The Windsor Castle and The Carlton Hotel,” Ms Lester said in a statement.
“We are at the closing end of a restructuring process, and I remain committed to working closely with my advisers and legal team to achieve…
With the holidays just around the corner, some borrowers will be getting an early gift of student loan forgiveness.
President Joe Biden’s administration announced on Friday that it has approved $4.28 billion in additional student loan relief for 54,900 borrowers who work in public service. This includes teachers, service members, nurses, first responders, and other public servants.
This brings the total loan forgiveness from the Biden-Harris administration to around $180 billion for nearly 5 million Americans.
“Four years ago, the Biden-Harris Administration made a pledge to America’s teachers, service members, nurses, first responders, and other public servants that we would fix the broken Public Service Loan…
As the U.S. Congress scrambled to come up with a spending bill to avoid a government shutdown, U.S. president-elect Donald Trump shocked many lawmakers by demanding that any such bill must also increase the country’s debt ceiling.
He insisted that any deal must include that provision for the debt ceiling, the legislative limit on the amount of national debt the country can incur. It’s an issue that hadn’t been discussed by either party.
Trump then went a step further, announcing, to the surprise of many lawmakers, that he was also seeking to suspend or eliminate the debt limit before he takes office in January.
However, Trump’s plans suffered a setback Friday night when the Republican-controlled U.S. House of Representatives
