Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
Federal labor prosecutors have accused Medieval Times of retaliating against a worker who raised concerns about working conditions, including “the sexual assault of employees by customers,” according to a new complaint obtained by HuffPost. A regional director for the National Labor Relations Board in Illinois issued the complaint against the dinner theater chain Monday. It…
Comment on this storyComment Add to your saved stories Save JetBlue CEO Robin Hayes will step down after nine years in the role, the company announced Monday, to be succeeded by current president and chief operating officer Joanna Geraghty — making her the only current female executive of a major U.S. airline. The reshuffle comes…
Airline passengers between flights patronize the iHeartRadio facility at Denver International Airport in Denver on Jan. 19, 2014. Robert Alexander | Archive Photos | Getty Images It’s a familiar refrain: “Legacy media is dead” — unless you’re talking about radio. Despite being one of the oldest media formats, dating back to the 1890s, radio has…
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…
Unite Here Local 11 has reached a tentative agreement with a 10th hotel, marking continued momentum in the contract campaign it began earlier this year. The deal with the Beverly Wilshire was reached days after the union nailed down agreements with two other major Beverly Hills hotels, the Beverly Hilton and the Waldorf Astoria. It…
The United Auto Workers union said General Motors has agreed to put the company’s battery plant workers under the union’s national contract, calling it a major victory in the ongoing strike against the “Big Three” automakers. UAW President Shawn Fain said in a Facebook Live address to members Friday that GM had put the agreement…