National
AMC investor Wanda America Entertainment Inc., a unit of Chinese company Wanda Group, gave up its controlling stake in AMC Entertainment Holdings Inc. Stock sales totaled over $220 million. Wanda America Entertainment Inc., a unit of Chinese company Wanda Group,…
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On Thursday, the U.S. Small Business Administration opened the Shuttered Venue Operators Grant (SVOG) application portal. The SVOG program was appropriated more than $16.2 billion for grants. Those eligible for grant funding include operators of live venues, live performing arts…
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The total 43,425 bankruptcy filings for March represented a 39 percent increase over the 31,221 filings during the previous month of February, according to data provided by Epiq. Similarly, the 41,150 total noncommercial filings for March represented a 41 percent…
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In the week ending April 3, the advance figure for seasonally adjusted initial claims was 744,000, an increase of 16,000 from the previous week's revised level. The previous week's level was revised up by 9,000 from 719,000 to 728,000. The…
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President Biden said he'll nominate former Missouri Secretary of State Robin Carnahan to lead his General Services Administration, the agency that manages the government's property and office space. A White House release touted Carnahan's credentials, including her founding and leading…
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On Tuesday, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of $10,536,095 million to the State of Missouri through the nation’s Housing Trust Fund (HTF) for affordable housing. In total, HUD awarded nearly $700 million nationwide.…
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AMC Entertainment Holdings Inc. is exploring using a possible equity issuance to pare debt obligations or overdue rent. If shareholders authorize the issuance of up to 500 million additional shares, as AMC has proposed, the company would consider using proceeds…
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In the week ending March 27, the advance figure for seasonally adjusted initial claims was 719,000, an increase of 61,000 from the previous week's revised level. The previous week's level was revised down by 26,000 from 684,000 to 658,000. The…
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Earlier this week, President Joe Biden signed the PPP Extension Act of 2021, extending the Paycheck Protection Program an additional two months to May 31. “Nearly 90,000 business owners are still in line, and there’s money left,” Biden said. For…
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