• Antonio Banderas recovers from COVID-19

    Antonio Banderas recovers from COVID-19

    Antonio Banderas announced on social media Tuesday that he has recuperated from COVID-19. Three weeks after revealing his diagnosis, which he received on his 60th birthday on August 10, the “Mask of Zorro” star said he’s “cured.” “After 21 days of disciplinary confinement I can say now that today I overcame the Covid 19 infection,” …
  • Neiman Marcus executives face retirement savings slash during bankruptcy

    Neiman Marcus executives face retirement savings slash during bankruptcy

    Hundreds of Neiman Marcus executives just learned they could lose a chunk of their retirement savings in the swanky retailer’s bankruptcy — and some are pointing a finger at their well-compensated boss. As part of an agreement with creditors, the Dallas-based luxury chain last week quietly proposed wiping out $120.3 million owed to 430 current …
  • J.Crew plans to exit bankruptcy in early September

    J.Crew plans to exit bankruptcy in early September

    J.Crew Group said Tuesday it expects to emerge from Chapter 11 in early September, after a bankruptcy court accepted its restructuring plan. The plan, approved by a Virginia federal court, will equitize over $1.6 billion of secured debt, and provide for $400 million in asset-based loans as well as $400 million of fresh financial aid. …
  • SummerSlam gave us the Roman Reigns WWE needs now

    SummerSlam gave us the Roman Reigns WWE needs now

    SummerSlam delivered a rare genuine surprise, and possibly the Roman Reigns we’ve been waiting for. WWE made good on the pay-per-view’s tagline of “you’ll never see it coming” on Sunday as Reigns returned for the first time in months. He attacked “The Fiend” Bray Wyatt and Braun Strowman to close the show. Reigns stepped away …
  • Harvey Weinstein seeks to pursue arbitration over firing from Weinstein Co.

    Harvey Weinstein seeks to pursue arbitration over firing from Weinstein Co.

    DOVER, Del. (AP) — Disgraced Hollywood film mogul and convicted rapist Harvey Weinstein is asking a bankruptcy judge in Delaware to allow him to pursue arbitration in New York over what he claims is his wrongful termination from the company he co-founded. An attorney for Weinstein submitted a court filing this week asking the judge …
  • Hedge fund to close after ‘grave mistake’ in Neiman Marcus bankruptcy

    Hedge fund to close after ‘grave mistake’ in Neiman Marcus bankruptcy

    Distressed investment firm Marble Ridge Capital plans to wind down its funds after a government report called into question the actions of its managing partner, Dan Kamensky, during the Neiman Marcus Group bankruptcy, the firm said. “After much consideration, and in light of the operating environment, we have made the difficult decision to commence an …
  • TikTok removes 380K videos in US for violating hate speech policy

    TikTok removes 380K videos in US for violating hate speech policy

    TikTok has removed more than 380,000 videos in the US for violating its hate speech policy so far this year, the short-form video app said Thursday. The app, owned by China’s ByteDance, also said it banned more than 1,300 accounts for posting hateful content. TikTok said in a blog post that it had acted on …
  • Stephen Bannon Arrested, Charged with Fraud by NY Prosecutor

    Stephen Bannon Arrested, Charged with Fraud by NY Prosecutor

    Former Trump adviser Stephen Bannon and three other defendants were arrested on Thursday morning and charged with fraud by the U.S. attorney for the Southern District of New York. Bannon, along with Brian Kolfage, Timothy Shea, and Andrew Badolato, were charged with defrauding hundreds of thousands of donors who contributed to “We Build the Wall,” …
  • JPMorgan Chase reportedly had talks about putting banks inside USPS locations

    JPMorgan Chase reportedly had talks about putting banks inside USPS locations

    The United States Postal Service wants to get back into the banking business — and Jamie Dimon appears eager to help. USPS officials are considering a pilot program that would allow Dimon’s JPMorgan Chase to lease space at post offices for ATMs and provide other financial services at locations across the country, according to a …
  • Todd Nance, Widespread Panic founding drummer, dead at 57

    Todd Nance, Widespread Panic founding drummer, dead at 57

    Todd Nance, founding drummer and 30-year member of the Southern rock jam band Widespread Panic, has died at the age of 57. The group and Nance’s family confirmed the drummer’s death Wednesday, adding that Nance died in Athens, Georgia, following “sudden and unexpectedly severe complications of a chronic illness.” “With heavy hearts and loving memories, …