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Viewpoint: An untapped asset in Greater Washington is seeking a buyer. Let"s hope it finds the right steward.

There’s typically no greater threat to a notable or historic home, minus an act of God, than when it changes hands. So when the Chain Bridge Road estate of the late AOL co-founder Jim Kimsey went on the market for a staggering $63 million in May,.....»»

Category: topSource: bizjournalsOct 31st, 2018

Walgreens Boots to Pay $34.5 Million Penalty in SEC Settlement

The drug store chain says the settlement doesn’t involve any current officers or executives......»»

Category: smallbizSource: wsjSep 28th, 2018

Chipotle plans to close stores in restructuring, stock falls

Chipotle Mexican Grill Inc. shares dropped in after-hours trading Wednesday after the restaurant chain's top executives detailed restructuring plans that include closing dozens of locations. New Chief Executive Brian Niccol and oth.....»»

Category: topSource: marketwatchJun 27th, 2018

Walgreens to Pay $269 Million in Federal Overbilling Suit

The drugstore chain will pay the U.S. and several state governments for improperly charging health programs for insulin pens and drug reimbursements, federal authorities said......»»

Category: smallbizSource: wsj8 hr. 33 min. ago

FitzMark Acquires Reliable Source Logistics, Consolidating Indianapolis Freight Brokerage

FitzMark has acquired Reliable Source Logistics, forming a larger freight brokerage that executives project to bring in $200 million in revenue this year. read more.....»»

Category: blogSource: benzinga17 hr. 47 min. ago

MoviePass executives are making one more last-ditch effort to save the stock from getting delisted (HMNY)

MoviePass/Reuters MoviePass parent Hel.....»»

Category: topSource: businessinsiderJan 19th, 2019

Americans Drank 7.9 Billion Gallons of Booze Last Year

If it's easier to visualize, that's about 160 million bathtubs full. Cheers, America! A new report from IWSR, a leading source of data on the alcoholic beverage market, finds th.....»»

Category: europeSource: fortuneJan 17th, 2019

LuLaRoe founder says the company is "starting over" amid seller exodus and looming $63 million legal battle

YouTube/LuLaRoe LuLaRoe's top executives sa.....»»

Category: topSource: businessinsiderJan 16th, 2019

Marijuana Company Tilray Wants to Get Its Pot Products Into a Retail Location Near You

Tilray signs a deal promising at least $100 million in cash and stock to a branding company with traditional retail partners that include Walmart and Macy’s......»»

Category: topSource: barronsJan 16th, 2019

Honolulu rail project spents $10M a year on 19 consultant positions, state audit finds

The city agency overseeing the Honolulu rail transit project relies heavily on 19 senior management positions staffed by one third-party consultant to manage the project, at a cost of nearly $10 million per year, or $42,000 per employee per month,.....»»

Category: topSource: bizjournalsJan 15th, 2019

P.F. Chang"s set to be sold for $700 million, report says

The private equity owner of Scottsdale-based restaurant chain P.F. Chang’s China Bistro Inc. has found a buyer for the company. Centerbridge Partners LP has entered an agreement to sell the Chinese restaurant concept to TriArtisan Capital Partners.....»»

Category: topSource: bizjournalsJan 13th, 2019

Google board sued for hushing misconduct claims against Rubin

Alphabet Inc.’s board of directors was sued by a shareholder for “quietly” approving a $90 million exit payment to the father of Android, Andy Rubin, and protecting other executives accused of sexual harassment......»»

Category: topSource: moneycentralJan 10th, 2019

Google board sued for hushing misconduct claims against Rubin

Alphabet Inc.’s board of directors was sued by a shareholder for “quietly” approving a $90 million exit payment to the father of Android, Andy Rubin, and protecting other executives accused of sexual harassment......»»

Category: topSource: moneycentralJan 10th, 2019

Sears Gets Temporary Reprieve: Lampert Has Hours To Raise $120 Million

Sears Holding Corp (OTC: SHLDQ) Chairman Eddie Lampert has until 4 p.m. Wednesday to come up with a $120 million cash down payment in a last-minute bid to keep the iconic retail chain in existence. read more.....»»

Category: blogSource: benzingaJan 9th, 2019

Sears to ask bankruptcy judge for liquidation approval, reports say

Sears Holding Corp. is moving closer to liquidation. Reuters reported that Sears executives will ask a bankruptcy judge on Tuesday if the retail chain can proceed with liquidation. The company appears ready to rebuff the $4.4 billion offer that Chair.....»»

Category: topSource: bizjournalsJan 8th, 2019

Struggling Och-Ziff finds a way to make its stock soar

Och-Ziff Capital Management is Wall Street's fallen star, a once high-flying hedge fund brought down by a scandal that resulted in paying the government a $412 million fine, a persistently so-so... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 6th, 2019

How Chipotle Is Capitalizing on New Year’s Resolutions

Chipotle is looking to capitalize on many people making healthier New Year’s resolutions. The burrito chain is releasing a new collection of Lifestyle Bowls, which cater to different diets that........»»

Category: blogSource: 247wallstJan 2nd, 2019

Economic Report: U.S. manufacturers expand at slowest pace in 15 months as business confidence wanes, IHS Markit finds

A survey of American manufacturers showed the slowest growth in December in 15 months, reflecting a dip in confidence among executives about how their businesses will perform in the new year......»»

Category: topSource: marketwatchJan 2nd, 2019

Chipotle poised for best year since 2013 thanks to new CEO

Less than a year after taking the helm as CEO of Chipotle Mexican Grill, Brian Niccol is still scoring big with investors, fueling the burrito chain's best year since 2013......»»

Category: topSource: moneycentralJan 1st, 2019

As a grocery chain is dismantled, investors recover their money. Worker pensions are short millions.

Private-equity firm Sun Capital has filed for bankruptcy 5 times in 10 years, leaving $280 million unpaid......»»

Category: topSource: washpostDec 29th, 2018