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    Bowling lovers, rejoice: a beloved Hunterdon County alley will stay open despite a transfer of property ownership. West Hunterdon Lanes LLC on Route 12 in Frenchtown first stated in a Jan. 8 Facebook post that the alley would close on April 30 and that the new owners’ plans were unclear. In a Jan. 18 update, however, the business shared a letter they had received from the property’s new owners, longtime commercial window and door company, Panoramic Window & Door Systems, Inc. The company’s owners, the Lynch and Nagy families, stated in the letter that they had changed their minds about the property’s utilization after visiting the bowling alley themselves. “Our goal is to consolidate our offices and warehouse under one roof and that’s how we stumbled upon the West Hunterdon Lanes property,” the letter says. “Our original intent was to run our business out of the main building, but after visiting the bowling alley and seeing it operate, we were very pleased with the atmosphere and immediately began exploring other options.” The families now plan to construct a secondary building for their...
    SOUTHAMPTON have new owners after a £100m takeover backed by Serbian media magnate Dragan Solak. Sport Republic, a company fronted by former Brentford chief Rasmus Ankersen, has bought the 80 per cent stake of controversial Chinese businessman Gao Jisheng. 1Ralph Hasenhuttl's side are set for new ownershipCredit: Getty And the Saints are set to become part of a multinational, multi-club group as Sport Republic target further purchases. Ankersen, who left his roles with Brentford and Danish partner club FC Midtjylland in December, is chief executive of Sport Republic. Solak made his fortune as founder of United Group, a pay TV, broadband and mobile phone company that operates in the Balkans and South East Europe. United, now owned by investment firm BC Partners, holds the right to show Premier League matches in Serbia and other territories. Solak remains a strategic adviser to United but has now teamed up with Ankersen and another Dane, London-based investor Henrik Kraft, to create a different kind of empire in football. Kraft is Anksersen’s co-shareholder and director in Sport Republic and the company’s chairman. He will...
    Even though one judge rejected OxyContin maker Purdue Pharma’s sweeping settlement of thousands of lawsuits over the opioid crisis, another refused Wednesday to allow litigation to move ahead just yet against members of the Sackler family who own the company — but also ordered negotiations for a reworked settlement. U.S. Bankruptcy Judge Robert Drain on Wednesday granted Purdue’s request to extend an injunction until Feb. 1 protecting the company and the Sacklers from litigation. He also ordered Purdue, the Sacklers, the states and other parties to negotiate a new settlement. In a hearing conducted Wednesday via video conference, the White Plains, New York-based judge warned the family and others that he would end the protections early if there are not serious talks toward a new settlement. “If the parties do not negotiate in good faith,” he said, “they will face the consequences of the injunction unraveling.” Drain is the same judge who approved the company’s settlement in September. The deal had been hashed out over two years of negotiations and mediation in bankruptcy court. Eventually, lawyers for the overwhelming majority...
    CLEVELAND (AP) — McDonald’s will pay $33.5 million to a former baseball player who owns multiple franchises to end a lawsuit he brought against the company accusing it of racial discrimination. Herb Washington, who is Black, owned more than a dozen restaurants in Ohio and Pennsylvania when he filed a lawsuit in February that said the company has treated white owners more favorably and denied him the opportunity to buy restaurants in more affluent communities. READ MORE: Jury Convicts Pittsburgh Man Accused Of Threatening FBI Agents On TwitterMcDonald’s said in a statement Thursday that the amount it was paying Washington for 13 franchises was “no more than what we deem a fair price for the value of the restaurants,” Cleveland.com reported. “While we were confident in the strength of our case, this resolution aligns with McDonald’s values and enables us to continue focusing on our commitments to the communities that we serve,” the company said, adding that “discrimination has no place at McDonald’s.” Washington agreed to drop the lawsuit and to no longer be a franchisee as part of the...
    CLEVELAND (AP) — McDonald’s will pay $33.5 million to a former baseball player who owns multiple franchises to end a lawsuit he brought against the company accusing it of racial discrimination. Herb Washington, who is Black, owned more than a dozen restaurants in Ohio and Pennsylvania when he filed a lawsuit in February that said the company has treated white owners more favorably and denied him the opportunity to buy restaurants in more affluent communities. McDonald’s said in a statement Thursday that the amount it was paying Washington was “no more than what we deem a fair price for the value of the restaurants,” Cleveland.com reported. “While we were confident in the strength of our case, this resolution aligns with McDonald’s values and enables us to continue focusing on our commitments to the communities that we serve,” the company said, adding that “discrimination has no place at McDonald’s.” The lawsuit filed in U.S. District Court in Youngstown said McDonald’s sought to steer Washington toward stores located in poorer neighborhoods and that “Black owners average around $700,000 less in annual...
    COLOMBO, Sri Lanka (AP) — A gem company in Sri Lanka has unveiled a rare and massive gemstone weighing 683 pounds (310 kilograms) that has been certified as one of the biggest corundums ever found in the country. Sri Lanka’s National Gem and Jewelry Authority says it has done a series of gemological tests on five samples taken from the rock. “To our knowledge this specimen is indeed a rare specimen and not recorded in the geological literature,” read an authentication letter given by the authority to the owners who unveiled the stone on Sunday. When the outer layer was removed for inspection, the interior showed a silky blue patchy appearance, the letter said, suggesting the stone is a blue sapphire. Shanka Ruwanditha, a director of the company that currently owns the massive stone, the Gemological Institute of Ratnapura, told The Associated Press on Monday that the owners plan to obtain the services of a local or foreign gem valuer soon to determine the price of the rock. Sri Lanka and especially its southwestern city of Ratnapura, or the Gem...
    OAKLAND — A recycling company will return $6 million to overcharged Oakland apartment building owners and slash their rates for moving recycling carts to the curb for emptying, under terms of a legal settlement reached with the city. The settlement, ratified Tuesday by the Oakland City Council, comes almost five years after the city sued California Waste Solutions (CWS), which does curbside recycling in Oakland and San Jose. City Attorney Barbara Parker alleged in the lawsuit that CWS had been charging apartment building owners 550% as much for certain services as single-family households. The company charged apartment building customers $152.68 per month — and in some cases up to $776.16 — to move their recycling carts to the curb for collection. In contrast, single-family homes were charged only $27.85 a month for the same service. According to the city, the contract required apartment building owners to pay the same amount. ““Unjust and unfair dealing is unacceptable and will not stand,” Parker said in a written statement. “I am proud of my office’s and the City Administration’s unflinching work, which culminated...
    BALTIMORE (WJZ) — Union Craft Brewing has started offering the employees who brew, can and serve the beer a stake in the Medfield company. Last month, the Medfield brewery offered shares to six workers, and going forward, full- and part-time employees who reach their five-year anniversary with the company will automatically be given a stake in the company. READ MORE: 80th Anniversary Of Pearl Harbor Commemorated Aboard Baltimore Ship, The Last Vessel From The Attack Still Afloat“There is no buy in or cost to them,” Union co-founder Adam Benesch told WJZ in an email. “This plan allows us to ensure that a majority of Union’s ownership will be in the hands of the people that work at the brewery.” In a post on the brewery’s site, the co-owners said they had been mulling the idea for some time and decided to accelerate the program after seeing the hardships many employees went through during the pandemic. “We have truly listened to our staff and heard their ideas on how to improve their work environment,” the co-owners wrote. “Hearing from them, we...
    CHICAGO (CBS) — Video shows a determined burglar in Pilsen using what appears to be a long wooden plank to maneuver a cash register out of place until it falls on the floor. This comes as Chicago Police sent alerts for multiple strings of business burglaries. Local security expert Simone Ayala said work is not slowing down as crime has calls coming in every day to her West Side company. READ MORE: 'It Sounded Like An Automatic Weapon': Video Captures Rapid Gunfire In River North Shooting That Left Two InjuredAs seen in the video, basic security measures are not stopping these burglars. The burglar used the plank to move the cash register at the Pilsen nail salon until they were able to pull it out of the window last Monday, even with metal bars that block it. Silvanna Abraham, owner of the salon, already had to get a security system installed. “Other than that, we don’t know what else we can do,” she said. The search for solutions is ongoing for many as Chicago Police put alerts out for multiple strings...
    NORWOOD (CBS) – Nearly a year-and-a-half after rain-driven floods destroyed Norwood Hospital, the owner is suing its insurance company. Steward Health Care System claims the insurer is slowing the process to rebuild and withholding money. The lawsuit states the insurance company claims most of the damage was done by a flood instead of the nearly 6 inches of rain that fell in just 90 minutes. The hospital’s insurance policy had a limit on how much to pay out for flood damage, but no limits for rain damage. Steward hopes to rebuild the hospital on the same land.
    FORT WORTH (CBSDFW.COM) – Dozens of small business owners who are working with less, and paying more, met Friday trying to find a solution to continued supply shortages. What they used to take for granted – order it, ship it, sell it—has turned into a more aggressive part of daily business, for small companies trying to stay in business. READ MORE: Billy Chermirmir Was No Stranger To One Victim's Family; How They Say He Got Away With Murder For So Long“We’re just telling them we’ll do our best, it’s five-week lead time, and we’ll do our best to provide it,” said Steve Farco. His company, Mason-Dallas, can’t get the valves and mounts used to quiet and control HVAC systems in buildings. That in turn slows construction projects. He had plenty of company at the discussion Friday. An apparel company can’t get black shirts. A concrete company can’t find enough truck drivers. A recycling company can’t find space on trains or ships to export materials. A garden center is paying as much as $25 an hour to keep employees. READ MORE:...
    SACRAMENTO (CBS13) – Potential squatters in Sacramento have vandalized a Tahoe Park home. The 14th Ave. home has been sitting vacant for five months as a real estate tech company tries and fails to sell it. With boarded windows and broken blinds, the Sacramento home is in bad shape. READ MORE: Storm Brings Rain To Northern California“It’s boarded up and vandalized and who wants to buy that,” said Tahoe Park neighbor Paige Moss who tells CBS13 the owners of the home moved out months ago. “One day they told us they were selling the house.” According to Sacramento County Sacramento County Assessor’s Office, real estate tech company Opendoor bought it on June 15, 2021. It’s been vacant ever since. “There’s constantly people breaking into the house unsavory people that make us not feel safe,” said Paige. For five months, neighbors on 14th Ave. say they’ve watched several crimes take place. “Coming home from work and seeing police cars out front and arresting someone that’s living in there. We’re talking about starting a family and it makes you think twice about that...
    The understaffing, Huddleston said, has really started to affect his company's bottom line. "I'm turning down work all the time now," he noted. "Pretty good-paying jobs. Site development and stuff like that."What else?Huddleston is not the only small business owner struggling with the current labor shortage, which has plagued the U.S. economy since the start of the pandemic but has been exacerbated under the Biden administration. The National Federation of Independent Business, a small business lobby group, reported that 51% of small business owners reported job openings that could not be filled in September, noting the figure marked a 48-year record high for the third straight month. The Arkansas Traveler cited two other business owners in its story — a woman who owns a children's gymnastics facility and a man who operates several Supercuts salon franchises. Both told the outlet they have been duped by activity on their online job postings. Several appeared to apply online but ended up leaving invalid contact information or not showing up for their interviews, the business owners noted. They suspect applicants only wanted...
    TargetSmart is a data firm that works with major players in the Democratic Party, from the Democratic National Committee to state democratic parties. According to Mother Jones' David Corn, TargetSmart's owners and founders have another association: extremist far-right Republicans. Corn reports, "A Mother Jones investigation found that the owners and founders of TargetSmart also own a company that earns millions by helping to elect Republicans, including far-right GOP state legislators who have tried to overturn the 2020 election results, who were involved in the January 6 march on the U.S. Capitol that turned into a seditious riot, and who have been part of the Republican crusade to skew election laws against the Democrats. That is, the parent company of this vital Democratic data firm is profiting by aiding conservative and authoritarian political forces that seek to defeat the Democrats and progressives supported by TargetSmart." Corn describes TargetSmart as a "for-profit company that few Democratic voters, grassroots activists or cable news junkies have ever head of" but notes that it "provides crucial services to" the DNC and other major players in...
    Global takeover conspiracy theories. Christian pastors and local sheriffs still pissed that Donald Trump lost the 2020 election. And the head of a group that even the reserved Facebook censors labeled a “violent social militia.” Few Americans are even aware that the gun company Kahr and a rural Pennsylvania doomsday church—both run by the same ultra-rich Korean family—hold an annual “Freedom Festival” that attracts gun enthusiasts and the type of people who attach “Don’t Tread on Me” flags to the back of their trucks. But in the wake of the failed Jan. 6 insurrection, the event’s amalgamation of sovereign citizens and alt-truthers has taken on a new meaning. And now, it’s even got an all-star lineup. This year’s top speakers include Steve Bannon, once the chief strategist for President Trump, Dana Loesch, the former aggressively vocal National Rifle Association spokeswoman who made millions while achieving celebrity status in the gun industry, and a smattering of alt-right figures known for championing Trump and the Second Amendment. Ryan Busse, a former gun industry executive turned self-described whistleblower, told The Daily Beast...
    CHICAGO (WLS) -- Pet transport services are a popular way for people to move their dogs and cats across the country, but how do you know if your pets will be safe?The ABC 7 I-Team found that your precious cargo may not always make it home."We miss her. And she doesn't deserve this. I know some people say, 'Oh it's just a dog,' but it was our family member," said Karen Locasio, who moved to Chicago in May.She left her beloved terrier-chihuahua mix Anabelle, at home in Phoenix, Arizona, never expecting it'd be the last time she'd see her."I was fearful doing it anyway, but honestly, I felt like we didn't have a choice," Locasio explained.SEE ALSO | 3 dogs found safe, reunited with owner after doggie daycare transport van stolen in LakeviewLocasio was told by her airline that temperatures were too high for Anabelle to be transported in cargo, and her dog was too tall for the cabin.She found Citizen Shipper, an online marketplace that connects customers with independent, third-party, transport operators. One of those transporters was to deliver...
    OAKLAND (CBS SF) – The Alameda County District Attorney’s Office has charged three owners of East Bay painting and construction companies in an alleged $5 million workers’ compensation fraud scheme. Prosecutors said Eric Andrew Oller and Brian Christopher Mitchell, former owners of Signature Painting and Construction (SPC) in Walnut Creek, were charged with conspiracy, felony insurance fraud and workers’ compensation fraud. The Alameda County DA has also charged Yama Sekander, owner of A-1 World Class Painting, with felony workers’ compensation fraud. According to prosecutors, SPC allegedly used multiple methods in an attempt to illegally reduce their workers’ compensation premiums. “If a business creates an environment where they falsely pay a lower insurance premium, that company has an unfair competitive advantage over one that is law-abiding,” said District Attorney Nancy O’Malley. Among the methods allegedly used by SPC include using A-1 as a shell company and another company owned by Oller to pay their employees. The company also allegedly misclassified employees and underreported payroll costs. Prosecutors also accuse Mitchell and Oller of moving employees from one company to another to save...
    In this article .FKRX300 GM The Vermont State Police released this photo of the 2019 Chevrolet Bolt EV that caught fire on July 1, 2021 in the driveway of state Rep. Timothy Briglin, a Democrat.Vermont State PoliceDETROIT – General Motors is advising some Chevrolet Bolt owners to not park their electric cars within 50 feet of other vehicles to reduce the risk of a potential fire spreading to nearby cars and trucks. The warning follows the Detroit automaker recalling more than 140,000 of the EVs produced since 2016 due to the risk of batteries spontaneously catching fire from "two rare manufacturing defects." GM has confirmed fires in at least 12 vehicles, but more continue to be reported. At least one of the recalled vehicles reportedly caught fire and spread to a Maserati and Hyundai in Sacramento, California. The parking advice is being given to customers that call into the company's call center about parking their recalled vehicles in parking lots or structures, according to GM spokesman Dan Flores. That's different from previous warnings involving parking the vehicle outside, not...
    A bitter divorce battle in Russia has led to cryogenically frozen bodies being seized in an extraordinary day-time raid. Staff of a company set up by Valeria Udalova, 59, grabbed the remains of people - including from Britain and the US - who paid thousands of pounds hoping to be brought back to life when science advances to allow this. She and her team raided the company run by her ex-husband Danila Medvedev, 41, near Moscow, which is home to Russia's leading cryo-storage facility, say reports. They drained liquid nitrogen from giant tanks containing frozen bodies and grabbed these and some detached human brains, then loaded them on trucks.  Staff of a company set up by Valeria Udalova, 59, grabbed the remains of people - including from Britain and the US - who paid thousands of pounds hoping to be brought back to life when science advances to allow this (pictured: the tanks being refilled with nitrogen) A truck transporting the allegedly looted giant dewar flasks used to contain the human remains is stopped by police on September 7...
    The end of the Purdue Pharma bankruptcy case has left a bitter taste for those who wanted to see more accountability for members of the Sackler family. The Sacklers will give up ownership of the company, get out of the international opioid business and pay $4.5 billion in cash and charitable assets under the settlement. But they also will escape any future liability over the nation's addiction and overdose crisis as part of the deal that was given preliminary approval this week by a federal bankruptcy judge. Some state attorneys general and one federal government office are planning appeals. The question at the heart of their arguments: Is it appropriate for members of a wealthy family that did not file for bankruptcy themselves to get such a broad protection? Attorneys and victim advocates involved in a case that included lawsuits from about 3,000 governments and other entities said the members of the Sackler family who have owned Purdue played instrumental roles in overseeing the company and marketing OxyContin. Critics say the company's best-selling prescription painkiller helped fuel the opioid crisis...
    The end of the Purdue Pharma bankruptcy case has left a bitter taste for those who wanted to see more accountability for members of the Sackler family. The Sacklers will give up ownership of the company, go out of the international opioid business and pay $4.5 billion in cash and charitable assets under the settlement. But they also will escape any future liability over the nation’s addiction and overdose crisis as part of the deal that was given preliminary approval this week by a federal bankruptcy judge. Some state attorneys general and one federal government office are planning appeals. The question at the heart of their arguments: Is it appropriate for members of a wealthy family that did not file for bankruptcy themselves to get such a broad protection? Attorneys and victim advocates involved in a case that included lawsuits from some 3,000 governments and other entities said the members of the Sackler family who have owned Purdue played instrumental roles in overseeing the company and marketing OxyContin. Critics say the company’s best-selling prescription painkiller helped fuel the opioid crisis...
    Netflix Bob Ross with Annette Kowalski and Walt Kowalski. Annette and Walt Kowalski were business partners with Bob Ross when he formed his company, Bob Ross Inc., in 1985. They became full owners after his death from lymphoma, leading to legal disputes. BRI is now owned by Joan Kowalski. Bob Ross entered the business deal with the Kowalskis and his wife, Jane Ross, making each of them one-fourth owners of BRI. Jane Ross died in 1992, leaving Ross with only one-third of his company. Shortly before his death, he amended his will, saying his name, likeness and intellectual property should go to his son, Steve Ross, and half brother, Jimmie, according to the Daily Beast. However, after Steve Ross filed a lawsuit in 2017, a judge determined that Bob Ross could not give the company to new owners when he owned a minority share in the company, the Daily Beast reported. A new Netflix film is digging into the legal drama over the company rights in Bob Ross: Happy Accidents, Betrayal & Greed. The documentary was released on...
    When Covid 19 hit the world in 2020 it not only took countless victims and hurt economies, it completely changed people’s lifestyle. Normal traveling was restricted, and basic health care services for pets became dangerous for pet owners. Reduced visits to vets started worrying pet owners about the health and well-being of their furry family members. The Vets, a mobile pet care service, has filled the void with their innovative services. The Vets is the fastest growing mobile pet care service in the U.S. Their tech-forward approach has made pet care services data-driven and accessible from anywhere on your mobile phone. In the near future The Vets will launch a mobile application  which will give users the ability to schedule personal veterinarian home visit, and gain access to their pet medical files. Naturally the Covid 19 lockdowns lead to a tremendous rise in demand for home care services. The obvious reason behind this was the travel restrictions that limited visits to the vets. Besides that, many people started adopting pets for company due to abundance of free time during these...
    New York (CNN Business)Peloton's lower-priced and smaller treadmill is finally going on sale. The release of the Peloton Tread was originally scheduled for May, but was paused amid safety concerns for the company's higher-end treadmill that prompted a massive recall for both machines. Now, the $2,495 machine is being released on August 30 in the United States, Canada and the United Kingdom. Peloton said in a press release that the Tread has the "latest in software and hardware safety features" including a four-digit passcode that owners need to enter before a workout that unlocks the belt. Also included is a safety key that helps the user stop a workout session if needed. The Tread goes on sale August 30."Our goal is to be the go-to fitness solution and the largest and safest home fitness brand in the world," said Peloton CEO John Foley in a statement announcing the Tread's release. About 1,000 Tread machines were sold as part of a pre-launch promotion and the company is working with existing owners to have them fixed. Peloton said on its website...
    Grand Rapids, Michigan — General Motors is recalling all Chevrolet Bolt electric vehicles sold worldwide to fix a battery problem that could cause fires, expanding a previous recall. The company last month told owners of 2017-2019 model year vehicles to park outdoors and not charge them overnight after two vehicles repaired in the earlier recall caught fire. The recall and others raise questions about lithium ion batteries, which now are used in nearly all electric vehicles. Ford, BMW and Hyundai all have recalled batteries recently. President Joe Biden will need electric vehicles to reach a goal of cutting greenhouse gas emissions in half 2030 as part of a broader effort to fight climate change. The GM recall announced Friday adds about 73,000 Bolts from the 2019 through 2022 model years to a previous recall of 69,000 older Bolts. GM said that in rare cases the batteries have two manufacturing defects that can cause fires. The Detroit-based automaker said it will replace battery modules in all the vehicles. In older versions, all five modules will be replaced. The latest recall...
    In this article TSLAA Tesla Model S car is displayed at a Tesla showroom on November 5, 2013 in Palo Alto, California. (Photo by Justin Sullivan/Getty Images)Justin Sullivan | Getty ImagesSome Tesla customers in Florida and California have experienced delivery delays of weeks or months, forcing them to rely on borrowed cars, costly rentals and ride-hailing apps while they weather the unexpected wait. Tesla acknowledged Model S delays earlier this year, but the delivery issues extend to the Model Y, Tesla's crossover SUV and most popular vehicle in North America, according to several customers who spoke to CNBC. The continuing delays are a sign that Tesla is still struggling with the "delivery logistics hell" that Elon Musk referenced in 2018 as the company dramatically increases its vehicle production. The company delivered more than 201,250 vehicles in Q2, a company record and a 144% increase from the year-ago quarter. Supply chain shortages, which the company discussed on its last two earnings calls, may also be playing a part in the delays. A Tesla sales employee in California told CNBC that sales...
    Gun owners' medical records could be vetted by a commercial company in the wake of the Plymouth massacre. The Home Office is understood to be drawing up plans to allow shooting enthusiasts' records – including mental health concerns – to be released in confidence by their GP. Records would only be disclosed with the agreement of anyone who applies for a firearms or shotgun certificate, it is understood. The proposed scheme is designed to bypass a reluctance by some GPs to produce reports for gun licence applicants. Gun owners' medical records could be vetted by a commercial company in the wake of the Plymouth massacre. Pictured: Jake Davison who murdered five people with a pump-action shotgun RELATED ARTICLES Previous 1 Next Revealed: How Plymouth force that returned shotgun to incel... Plymouth incel killer Jake Davison DID receive mental health... Share this article Share A consultation paper produced by the Home Office two years ago said some GPs cite a 'conscientious objection to private gun ownership'. Others decline to take part citing a...
    In this article AMCVIDEO5:3405:34AMC CEO on outlook: AMC will get quite involved in cryptocurrencySquawk on the StreetAfter enduring the pandemic disruptions of 2020, AMC Entertainment has staved off bankruptcy and is looking to do more than just survive in the next few years — the company's CEO Adam Aron says he is going on the offensive. Armed with $2 billion in liquidity, which the theater chain garnered the from strategic stock sales in the last year, AMC is seeking out new cinema leases, investing in upgrades to its current theaters, offering new payment options such as bitcoin and increasing the variety of its content offerings to include sports and pretaped concerts. "$2 billion is a nice cash hoard," Aron said on CNBC's "Squawk on the Street" Tuesday. "It's the biggest we've ever had to play with, and as I said, we're the largest theater operator in the world, we're playing on offense." After scooping up two of the highest-grossing Los Angeles-based theaters in July, AMC is in the process of signing for as many as 10 more locations. To appease...
    (Bloomberg) – The new owners of Argentina’s largest power distributor are drawing the ire of creditors within months of taking over. Edenor, which sells electricity to 9 million people in the Buenos Aires area, is trying to eliminate a change of control clause that requires it to prepay its US $ 98 million in bonds abroad. The firm offered the bondholders a one-time payment of US $ 20 for every US $ 1,000 in notes they hold in exchange for waiving the clause. The proposal offers no explanation as to why the company wants to avoid prepaying the bond and does not clarify what would happen if the offer is rejected. The situation highlights the risks investors face in a country that has defaulted three times in the past 20 years and, more recently, restricted some companies’ access to the dollars they need to make debt payments. Last year, Argentina’s corporate bonds were among the worst performing in the world. This month, the proposal was trashed by a group of creditors who say they own at least 20% of the...
    ATLANTA (AP) — Hotel owner Vimal Patel has traced a familiar path to success in the U.S. hospitality industry. Patel is part of the Indian diaspora, which owns a sizeable share of the hotels and motels in the country. Like others in the community, his start in the business was humble. He worked the front desk of a hotel owned by relatives, building his knowledge before eventually investing with them in multiple franchises. Now he’s spearheading a legal fight that reflects the growing clout and confidence of Indian Americans in the hospitality sector — and the toll of the coronavirus pandemic on their businesses. Patel and scores of other Indian owners have filed lawsuits in federal court accusing two of the biggest hotel chains in the world of gouging them with fees, penalties and overpriced products. The excesses by Choice Hotels International, the company behind the Comfort Inn brand, and Holiday Inn franchiser Intercontinental Hotels Group reached a tipping point during the pandemic when the hospitality industry experienced a steep drop in business, the franchisees say. The claims echo those...
    CHICAGO (WLS) -- Chicago condo owners say they have no peace and quiet in their own homes - and they blame a tech company next door that's creating a constant humming noise.The residents say they can no longer open their own windows or get a proper night's sleep."There is so much noise I can't sleep at night or even focus in my daily life," condo owner Michael Gulik said. "It's like a mosquito is in your ear all the time.""We turn on the tv usually, even when we are not watching it, just to drown out the noise," condo owner Karen Zhou added. "Sometimes my husband will sleep with headphones on, play music so he won't hear it. it's really bad."Gulik and Zhou are two of the many residents in the 280-unit Printers Row condo building who say they hear noise all of the time. It's coming from a technology company, Digital Realty, which stores and computes enormous amounts of data for companies.Digital Realty has added more roof top fans over the years to cool its servers. According to city...
    CHICAGO (WLS) -- Chicago condo owners say they have no peace and quiet in their own homes - and they blame a tech company next door that's creating a constant humming noise.The residents say they can no longer open their own windows or get a proper night's sleep."There is so much noise I can't sleep at night or even focus in my daily life," condo owner Michael Gulik said. "It's like a mosquito is in your ear all the time.""We turn on the tv usually, even when we are not watching it, just to drown out the noise," condo owner Karen Zhou added. "Sometimes my husband will sleep with headphones on, play music so he won't hear it. it's really bad."Gulik and Zhou are two of the many residents in the 280-unit Printers Row condo building who say they hear noise all of the time. It's coming from a technology company, Digital Realty, which stores and computes enormous amounts of data for companies.Digital Realty has added more roof top fans over the years to cool its servers. According to city...
    DETROIT (AP) — General Motors is telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight because two of the electric cars caught fire after recall repairs were made. The company said Wednesday that the request covers 2017 through 2019 Bolts that were part of a group that was recalled earlier due to fires in the batteries. READ MORE: Death Of Man Found In Lake Michigan Consistent With Drowning The Chevrolet logo is displayed at a Chevrolet dealership Sunday, Nov. 8, 2020, in Englewood, Colo. General Motors is telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight because two of the electric cars caught fire after recall repairs were made. The company said Wednesday, July 14, 2021 that the request covers 2017 through 2019 Bolts that were part of a group recalled earlier due to several fires in the batteries. (AP Photo/David Zalubowski, File) The latest request comes after two Bolts that had gotten recall repairs caught fire, one in Vermont and the other in...
    DETROIT (CBSDFW.COM/AP) — They were part of a recent recall due to fires in batteries, now General Motors is again telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight. The move comes after two of the electric cars caught fire after recall repairs were made. The company says the request covers 2017 through 2019 Bolts that were part of the recall group. READ MORE: Check Your Bank Account: Child Tax Credit Deposits Begin Today The latest request comes after two Bolts that had gotten recall repairs caught fire, one in Vermont and the other in New Jersey, GM spokesman Kevin Kelly said. Owners should take the steps “out of an abundance of caution,” he said. The steps should be continued until GM engineers investigate and develop a repair, he said. The cars should be parked outdoors after charging is complete, GM said in a statement. “We are moving as quickly as we can to investigate this issue,” the company said. Vermont State Rep. Tim Briglin, whose 2019 Bolt caught fire, said he...
    In this article PTONMaggie Lu uses a Peloton Tread treadmill during CES 2018 at the Las Vegas Convention Center on January 11, 2018 in Las Vegas, Nevada.Ethan Miller | Getty ImagesSome Peloton customers are outraged after the company disabled a free run setting on its high-end treadmill, forcing users to pay an extra monthly membership fee, according to reports across social media. Previously, people who had shelled out more than $4,000 for Peloton's Tread+ treadmill machine were able to select a "Just Run" setting and exercise without accessing Peloton's digital workout content. But following a recent safety update, the "Just Run" feature has disappeared, multiple users said on Twitter after receiving an email notice from the company. Now, Peloton users need to pay a $39 monthly membership fee to use their treadmills. And some customers are threatening legal action, Business Insider separately reported, as they're angry over the additional charges. A Peloton spokesperson didn't immediately respond to CNBC's request for comment. A spokesperson for the home exercise equipment maker told Business Insider that the company would be waiving three months...
    Peloton announced owners will now have to sign up for a $39 monthly subscription to use its $4,000 treadmills. The free “Just Run” option on the Tread+ treadmill was removed following safety concerns. Last month, in collaboration with the U.S. Consumer Product Safety Commission, Peloton issued a voluntary recall for the Tread+ after a child was killed and more than 70 other incidents were reported. When contacted by the Washington Examiner, the company said it introduced a new feature called “Tread Lock,” which requires a four-digit passcode to secure the device from unauthorized access. “Unfortunately due to current technical limitations, Tread Lock is not yet available without a Peloton Membership,” the company said in a statement. “We have waived three months of All-Access Membership for all Tread+ owners, so those without a subscription will need to activate their free 3-month All-Access Membership to enable Tread Lock before they can access Just Run.” CONSUMER PRODUCT SAFETY COMMISSION URGES PEOPLE WITH CHILDREN OR PETS TO STOP USING PELOTON TREAD+ Peloton said it is working on system updates...
    Native American business leaders slammed environmental protesters who reportedly broke into and vandalized a Native-American-owned company’s construction equipment in an attempt to disrupt the assembly of the Line 3 pipeline. "This not only created a hardship for our workers, it created additional challenges for our companies," a group of six Native American business leaders said in a statement. "Protests that disrupt work, damage property, and threaten our employees while claiming to be on behalf of our Native people is creating additional tension and consequences within our tribal communities. They also intentionally create a false narrative that there is no Native American support for this project and the economic impacts and opportunities it brings to our people." Multiple Native-American-owned companies have contracted with Canadian energy firm Enbridge to construct Line 3, a pipeline that is set to carry oil from Canada to the United States. But environmental activists who have been emboldened by the halting of the Keystone XL pipeline have turned their attention to Line 3, with many claiming to have the best interests of Native Americans at the...
    Social media app TikTok’s Chinese parent company is getting more entrenched into American phones, with its video editing program CapCut the most popular downloaded app in the Apple App Store since Friday. The second-most downloaded app is TikTok itself, which has come under intense scrutiny for data privacy concerns due to ByteDance's relationship with the Chinese Communist Party and has even caused the app to be banned from some government devices. "We have concerns on data privacy and security with TikTok, so I don’t doubt an app from the same parent company would also elicit concerns from us,” said Jane Chung, the Big Tech accountability advocate at the consumer group Public Citizen. Chung said she needed to learn more about CapCut and its data practices before commenting further on what problems could arise from the company. CapCut, which is a video editing app that makes it easy for users to add effects, stickers, filters, and music, reached the No. 1 spot for the first time over the weekend, according to data from analytics firm Sensor Tower. It also...
    A New York real estate agent fatally shot his former bosses at an upstate office building before taking his own life during an ensuing cop chase, according to reports and state police. Barry K. Stewart, a 55-year-old former realtor at BridgeView Real Estate Services in Watertown, died at a hospital Wednesday after the “armed and dangerous” suspect shot himself during a manhunt in his grey Ford F-150 in Dickinson, state police said. Troopers were searching for Stewart for allegedly gunning down the company’s co-owners, identified by state police as Maxine Quigg, 50, of Wellesley Island, and Terence O’Brien, 53, of Black River. Watertown cops, state police and Jefferson County sheriff’s deputies responded to the real estate office at about 2 p.m. Wednesday, WWNY reported. Stewart had previously worked at the company and left in March, the station reported. Watertown Mayor Jeff Smith called the killings “unspeakable, senseless tragedy.”Courtesy of WWNY Watertown police confirmed to The Post that Stewart was a former employee. “We are still investigating leads to see what his motivation was for the murder,” Det. Lt. Joseph Donoghue...
    HTC has teamed up with iFixit to make it easier for its customers to get their VR headsets and accessories repaired. The website, which is famous for taking apart new devices and scoring them for repairability, now offers authentic parts for the HTC Vive Cosmos Elite, which was released last year, the older Vive Pro and Vive Pro Eye, the Vive Tracker and other accessories for the VR ecosystem.  As the companies said in their announcement, the parts’ availability from iFixit can give customers a way to extend the life of products that are already out of warranty, especially if the components they need are no longer available from HTC itself. HTC’s virtual reality headsets, even the entry-level Vive Cosmos Play, are pretty pricey and are typically more expensive than Facebook’s Oculus headsets. That the company is giving customers a way to keep their headsets functional even after years of use is definitely a welcome development.  Kyle Weins, CEO and co-founder of iFixit, said: “This is groundbreaking. HTC is the first VR manufacturer to support their customers with the...
    In the past, Apple computers have come with a limited one-year warranty you can extend by purchasing the company’s AppleCare+ service. Doing so not only protects your computer for a longer period of time, but also covers it for accidental damage and gives you access to 24/7 technical support. Previously, there was no way you could extend your warranty beyond the three years offered through AppleCare+ but that’s now changing. In a new spotted by , the company says customers in the US can extend the AppleCare+ plan on their Mac, provided they pay to renew the coverage within 30 days of their original plan ending. The ongoing coverage will continue to renew annually until a customer cancels it. The support page doesn’t mention any limit to how long people can continue to extend their plan, so we’ve reached out to Apple for more information. We’ll update this article when we hear back from the company. With Macs, AppleCare+ covers up to two incidents of accidental damage every 12 months. Display issues and external damage come with a $99...
    Amazon is accusing Parler of attempting to conceal ownership of the company in legal filings Tuesday as a lawsuit unfolds between the two companies stemming from the Jan. 6 Capitol riot. The retail giant's attorneys argue that the social media company sued in Seattle's King County in early March so "Parler could more readily escape" a hearing in front of a federal judge who already shut down a previous lawsuit filed in January. “Parler’s judge shopping is evident,” Amazon’s attorneys wrote in their Tuesday filings. Angelo Calfo, an attorney representing Parler, disputed Amazon's claim and argued it was up to Amazon to prove who owns Parler, according to a report from the Seattle Times on Tuesday. NEW YORK'S LAWSUIT AGAINST AMAZON TO PROCEED IN STATE COURTS Amazon claims Parler was taken off the internet on Jan. 10 because the platform was unable to moderate a rise in violent content before, during, and after the Jan. 6 riot at the U.S. Capitol. The lawsuit filed by the social media platform in King County alleges Amazon engaged in unfair trade practices when...
    Amazon has accused Parler, the social network known as a conservative alternative to Twitter, of trying to conceal its ownership amid a legal dispute between Amazon and Parler stemming from the US Capitol riots. Angelo Calfo, an attorney representing Parler, disputed Amazon’s claim and argued that the burden was on Amazon to prove who owns Parler, The Seattle Times reported Tuesday. “This is a ginned-up effort to try to throw mud at Parler, when Parler has been completely clear about its ownership,” Calfo said. The legal dispute began in January after Amazon Web Services, the Seattle company’s cloud-computing division, stopped working with Parler, temporarily wiping the platform off the internet. Amazon said Parler was unable to moderate a rise in violent content before, during and after the January insurrection. Parler asked a federal judge in Seattle to force Amazon to reinstate it on the web. That effort failed. Parler then filed a new complaint over the same argument against Amazon in King County Superior Court. Amazon immediately dragged the case back into federal court, where it was assigned the same judge who...
    More On: Parler Justice Thomas shows how we can end Big Tech censorship for good Parler still working on return to app store after Apple rejection Parler sues Amazon again over decision to cut off servers Parler scraps Amazon antitrust lawsuit after relaunching Amazon has accused Parler, the social network known as a conservative alternative to Twitter, of trying to conceal its ownership amid a legal dispute between Amazon and Parler stemming from the US Capitol riots. Angelo Calfo, an attorney representing Parler, disputed Amazon’s claim and argued that the burden was on Amazon to prove who owns Parler, The Seattle Times reported Tuesday. “This is a ginned-up effort to try to throw mud at Parler, when Parler has been completely clear about its ownership,” Calfo said. The legal dispute began in January after Amazon Web Services, the Seattle company’s cloud-computing division, stopped working with Parler, temporarily wiping the platform off the internet. Amazon said Parler was unable to moderate a rise in violent content before, during and after the January insurrection. Parler asked a federal judge in Seattle to force...
    In this article DPZ MCD DIN YUM VIDEO2:0202:02Restaurants struggle to find workers as in-person dining returnsJobsDaniel Halpern is looking to hire 800 workers, and it hasn't been easy. Halpern is CEO of Jackmont Hospitality, an Atlanta-based foodservice company that franchises about 45 restaurants including TGI Fridays across the country. Diners are returning. But Halpern hopes that in the weeks to come his locations will be properly staffed to ensure that the patrons he's been waiting for will have the experience they've come to expect. At the moment, Jackmont employs around 1,200 workers. Before the pandemic hit, its workforce was 2,700, more than double that. "For those of us in the service industry, staffing is paramount to having success. When we get out of the crisis, we want to be able to open and offer our guests a quality experience," Halpern said. "We are constantly trying to staff — it is the number one issue on our calls with our general managers." Average wages at his restaurants are around $13 an hour, before tips. He also offers...
    SEATTLE (AP) — Amazon has accused Parler, the social network known as a conservative alternative to Twitter, of trying to conceal its ownership amid a legal dispute between Amazon and Parler stemming from the U.S. Capitol riots. Angelo Calfo, an attorney representing Parler, disputed Amazon’s claim and argued that the burden was on Amazon to prove who owns Parler, The Seattle Times reported Tuesday. “This is a ginned-up effort to try to throw mud at Parler, when Parler has been completely clear about its ownership,” Calfo said. The legal dispute began in January after Amazon Web Services, the Seattle company’s cloud-computing division, stopped working with Parler, temporarily wiping the platform off the internet. Amazon said Parler was unable to moderate a rise in violent content before, during and after the January insurrection. Parler asked a federal judge in Seattle to force Amazon to reinstate it on the web. That effort failed. Parler then filed a new complaint over the same argument against Amazon in King County Superior Court. Amazon immediately dragged the case back into federal court, where it was...
    Author Stephen King who has a home near a troubled Florida plant that has leaked wastewater and led to a recent evacuation order slammed its 'hustler' owners, but local officials say it will be hard to pin them down.  Florida officials want to hold accountable the owners of the troubled Piney Point phosphate plant that's led to a costly cleanup and worries of continued leaks.   Holding the plant ownership financially liable appears unlikely, as they have 'one shell company after another,' a county official said, making it hard to pin culpability on one person or entity, according to a report from the Miami Herald. 'Piney Point is what happens when you let the sharpies and hustlers have free rein,' King wrote on Twitter last week, blasting the owners. 'Money talks and the environment walks.' Millions of gallons of wastewater leaked from Piney Point, an abandoned phosphate plant near Tampa Bay, causing hundreds of homes to be evacuated and a state of emergency declared over the weekend.  Florida lawmakers have proposed spending $200 million to clean up and close the reservoir...