The reorganization plan calls for contributing up to $786 million in cash and property to a fund for claimants of child sexual abuse.
Allison Busemeyer
Posted inBusiness, Nation & World, Politics
Russian tycoon’s charges unsealed in Giuliani-linked case
He was secretly charged in a New York court in 2020 with making illegal political donations.
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Posted inBusiness, Nation & World
Once a powerful symbol in Russia, McDonald’s withdraws
The chain temporarily closes about 850 stores in response to the invasion of Ukraine.
Posted inBusiness, Nation & World
Israel grapples with fate of oligarchs
It’s caught between maintaining its status as a haven for any Jew without enabling Russian tycoons to evade sanctions.
Posted inNation & World
Idaho Legislature clears Texas-inspired abortion bill
The House also rejects a bill that would have required insurance providers to expand their contraceptive coverage.
Posted inNation & World
Germany raises alarm as COVID infections surge to record levels
Meanwhile, most remaining pandemic-related restrictions are set to expire Sunday.
Posted inNation & World
China battles multiple outbreaks, driven by ‘stealth omicron’
The fast-spreading variant is fueling the nation’s biggest COVID-19 outbreak in two years.
Posted inBusiness, Politics
Manchin opposition imperils Biden’s Fed nominee
Sarah Bloom Raskin would need to pick up a Republican vote to win Senate approval.
Posted inArts & Entertainment, Business
Home entertainment ballooned in 2021, report says
The digital surge came as the pandemic battered the global box office.
Posted inBusiness
Stocks mostly lose; oil slides toward $100; bond yields rise
The Fed is expected to raise its key short-term interest rate by a quarter of a percentage point Wednesday.