(Updated March 11, 2021) President Joseph R. Biden signed the American Rescue Plan Act of 2021 on March 11, which provides $1.9 trillion in relief funds across a broad spectrum of categories, including additional support for vaccine distribution, school reopenings, small business grants, tax credits, pension funds, unemployment support, healthRead More →
The Aspen Club & Spa’s new property last week paid off more than $ 30 million in debt and interest owed to creditors and construction companies for work and materials related to the expansion and renovation of the property on the east side of town. “It was part of ourRead More →
Howard Marks put it well when he said that, rather than worrying about stock price volatility, “the possibility of permanent loss is the risk I worry about … and every investor practice that I know is worried. When we think about how risky a business is, we always like toRead More →
ireland AerCap Holdings SA (NYSE: ARE) acquired GE Capital Aviation Services, a General Electric (NYSE: GE), in a transaction involving $ 24 billion in cash, $ 1 billion in AerCap notes and / or cash and 1.1 billion newly issued AerCap shares. What happened: AerCap is an aircraft leasing companyRead More →
David Iben put it well when he said: “Volatility is not a risk we care about. What matters to us is to avoid the permanent loss of capital. ‘ It is only natural to consider a company’s balance sheet when considering how risky it is, as debt is often involvedRead More →
We are now approaching a full year of life with the COVID-19 outbreak in the United States, and it has become clear that high quality phone and internet service is a necessity for all of us to continue to have some semblance of it. normal life. People across the countryRead More →
Warren Buffett said: “Volatility is far from synonymous with risk”. So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk of a business. We can see that Select Interior Concepts, Inc.Read More →
Just after 5:00 p.m. Central time on February 23, 2021, Belk, Inc. and its affiliates filed Chapter 11 petitions with the U.S. Bankruptcy Court for the Southern District of Texas, along with a draft of a “prepared” reorganization plan. Before midnight, the US trustee opposed Belk’s plan, and by 8Read More →
WACO, Texas (KXAN) – As the Texans struggled through the worst winter storm to hit the power grid in the early morning hours of February 15, the people overseeing that grid were working on plans to save it. This plan ultimately led to the Texas Electrical Reliability Council and theRead More →
“If they were worried that we wouldn’t ship to them, they should have prepaid for the product,” said Janie Velencia, owner of The Cards Office in Washington, DC “$ 15,000 for them is nothing. For a small business like me, it’s payroll, it’s rent. Paper Source ordered more from TheRead More →