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Naomie Olindo is grateful to be done with “Southern Charm.” The reality star, 27, revealed that she is content with her decision to exit the Bravo series, which she first joined in 2016. “I’m so thankful for what the show gave me because it does open a lot of doors and there are a lot …
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The US Virgin Islands has subpoenaed multiple major banks for more information on Jeffrey Epstein’s finances, according to a report. Big financial institutions like Deutsche Bank, JPMorgan Chase and Citibank were told to turn over records, transaction information and communications relating to the dead financier, his estate, his companies, trusts and non-profits, ABC reported. The …
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Remington Outdoor Company, one of America’s oldest gunmakers, has declared bankruptcy for the second time in about as many years with plans to sell its business. The 204-year-old firearms conglomerate continued to struggle with weak sales after a 2018 restructuring that slimmed down its hefty debt load and handed ownership to some of its creditors, …
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Goldman Sachs is adopting a performance review system that will grade up to 10 percent of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years. The Wall Street bank’s new head of human …
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EXCLUSIVE: “Dancing With the Stars” is looking to waltz into production in September as ABC and BBC Studios work through the health and safety protocols that will allow the competition format to light up the dance floor this year. The show, which is based on the BBC format “Strictly Come Dancing,” is entering its 29th …
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A shopping-mall giant and a brand-licensing firm have offered to buy Brooks Brothers out of bankruptcy for $305 million. Sparc Group LLC — a partnership between Authentic Brands Group and Simon Property Group, the nation’s largest mall operator — announced its bid late Thursday to acquire “substantially all” of Brooks Brothers’ global operations along with …
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There’s a battle brewing behind the scenes at beleaguered movie theater chain AMC Entertainment. A group of lenders led by Apollo Global Management is trying to dissuade AMC from taking a debt-restructuring offer from Silver Lake Group, proposing a competing deal that would carry the cinema chain through the pandemic, The Wall Street Journal said. …
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The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group, which operates nearly 3,000 stores mostly at malls, had been dragged down by debt and weak sales for years. As part of its bankruptcy …
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Wells Fargo said Tuesday that Mike Santomassimo will replace John Shrewsberry as chief financial officer when he retires in the fall after more than two decades at the firm. Since taking over as chief executive in October, Charles Scharf has shaken up leadership at the bank and installed a slew of former colleagues and confidants …
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The federal government is cracking down on fat bonuses for top executives of Neiman Marcus after The Post reported on the bankrupt chain’s controversial efforts to enrich its CEO. Henry Hobbs, the acting US Trustee overseeing Neiman’s Dallas, Tex., bankruptcy, blasted $10 million in bonuses Neiman has set aside for its senior staff, including CEO Geoffroy …