The future of Paramount Global (PARA) now hangs in the balance after Shari Redstone, who controls Paramount through her family’s holding company National Amusements (NAI), ended merger talks with Skydance Media. “I was surprised,” J. Christopher Hamilton, a former entertainment industry executive and professor at Syracuse University, told Yahoo Finance. “The deal seemed like it […]
Tag: demise
Mini golf course filled spot on Erie’s bayfront for 19 years. It is suing over its demise
The owners of a former miniature golf course on Erie’s bayfront are taking a swing in court at the Erie-Western Pennsylvania Port Authority. The owners are suing the Port Authority over claims that the public agency wrongly breached its contract with their Harbor View Miniature Golf. The breach, the owners claim, caused the course to […]
Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise
The new CEO at seafood chain Red Lobster said an endless shrimp deal was a nail in the coffin for the brand, which filed for bankruptcy this week. While restaurants for the crab, lobster, and seafood brand remain open, incoming CEO Jonathan Tibus—a restructuring advisor—is picking over the decisions of his predecessor and appears to […]
The demise of Red Lobster is a perfect case study in how to kill a business
Sure, Endless Shrimp turned out to be a horrible idea, but the problems at Red Lobster are much deeper than one bad promotion.iStock; Adobe Stock; Rebecca Zisser/BI With the chain on the verge of bankruptcy, it has become abundantly clear that Red Lobster letting customers eat all the shrimp their hearts desire was not a […]
McLaren Artura Meets Early Demise Near Vancouver Dealership
Read the full story on Modern Car Collector McLaren Artura Meets Early Demise Near Vancouver Dealership In a rather unfortunate turn of events, a McLaren Artura, the marque’s latest hybrid supercar sensation, met with an accident merely two blocks away from its dealership in Vancouver, Canada. The incident quickly caught the attention of onlookers and […]
McLaren Artura Meets Early Demise Near Vancouver Dealership
Read the full story on Modern Car Collector McLaren Artura Meets Early Demise Near Vancouver Dealership In a rather unfortunate turn of events, a McLaren Artura, the marque’s latest hybrid supercar sensation, met with an accident merely two blocks away from its dealership in Vancouver, Canada. The incident quickly caught the attention of onlookers and […]
Trump’s bombastic personality defined his civil proceedings. In criminal court, lawyers from Trump’s orbit say it could be his demise.
Republican presidential candidate and former US President Donald Trump dances off stage at the conclusion of a campaign rally.Chip Somodevilla/Getty Images Donald Trump’s antics defined his civil court cases, including the recent New York fraud trial. However, Trump will soon be fighting off 91 charges across four criminal cases. According to former attorneys for Trump […]
Black advocacy groups present $5,500 check in front of Senate Finance office to protest demise of CROWN Act
Feb. 29—MORGANTOWN — Following the death of the CROWN Act — SB 496 — on Wednesday, advocacy groups on Thursday presented a check for $5, 500 to Black women-led West Virginia organizations Thursday in front of State Sen. Eric Tarr’s office. The groups said in a press release that they raised the funds online in […]
Trump claims his “persecution” will lead to demise of US
Donald Trump, the former president and current frontrunner in the Republican nominating contest, sharply criticized a judge’s order for him to pay a $355 million penalty after being found liable of conspiring to inflate his net worth. The legal setback came after Trump was ordered to pay $83.3 million to columnist E. Jean Carroll, who successfully […]
‘Fire Sale On Merch!’ Democrats Kick Up Their Heels At Demise Of DeSantis Campaign
Gov. Ron DeSantis went from a presidential hopeful to a political punchline after dropping out of the Republican primary race on Sunday. Critics of the Florida governor were ready to crack jokes when DeSantis’ troubled presidential campaign sputtered to a stop this weekend, just days ahead of the New Hampshire primary elections on Tuesday. Gov. […]
Mysterious demise of ‘the real King Kong’ solved by new fossil analysis, scientists say
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. The largest ape on record stood almost 10 feet tall (3 meters) and weighed nearly twice as much as a gorilla. Why and when the legendary colossus — which has captivated the popular imagination as “the […]