In this article AMC Entertainment Holdings Inc. got support from private investment firms including Oaktree Capital Management and Centerbridge Partners for a loan that will help the cinema chain avert bankruptcy, according to people with knowledge of the situation. Oaktree and Centerbridge, which specialize in lending to troubled companies, led firms providing the 400-million-pound loan (about $547 million) tied to […]

IATSE president Matthew Loeb notified President Joe Biden today that his union’s members stand ready to help build vaccination sites across the country, or to convert existing entertainment venues and convention centers into vaccination sites in order to get shots into the arms of Americans as rapidly as possible. The union made a similar offer back on Dec. 30, when […]

Landlords are worried about tenants asking to paint their rental properties after of the biggest tenancy law overhaul in 35 years is activated next month. Investors in the $180 billion sector are wondering whether a paint job could be possible from February 11 when the Residential Tenancies Amendment Act 2020 becomes operative, allowing what it terms “minor changes” at rental […]

Small businesses can take advantage of both federal aid under the CARES Act and certain tax deductions. Businesses may now have PPP loans forgiven and also claim the employee retention tax credit. The energy-efficient building deduction and work-opportunity tax break have been extended. Visit Business Insider's homepage for more stories. Congress passed regulations in December that made several changes to […]

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. That growth has spurred the fleet expansion from 105 to at least 125 by the end of April and add two new hubs to its network. Eighty more mechanics are also being recruited. While the bulk of […]

SYDNEY (Reuters) – Asian shares rose on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by expectations of a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy.FILE PHOTO: A man wearing a face mask, following the coronavirus disease (COVID-19) outbreak, stands on an overpass with an electronic board showing Shanghai and […]

If we work together with dedication, concentration and effort, we should be able to achieve our aspirational growth target of double-digits for a very long period of time, asserts K V Kamath, the distinguished banker. ‘Economy well placed to capitalise on recovery in 2021’ Before we look ahead to 2021, let us pause and look at the current financial year. […]