Tag: woes

China Property Woes Deepen With Vanke Slump, Country Garden Halt

(Bloomberg) — One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing. Most Read from Bloomberg Country Garden Holdings Co., once the nation’s top residential builder by sales, made a surprise announcement late Thursday that it will […]

Mike Lindell’s MyPillow Evicted From Warehouse as Legal Woes Pile Up

Under a mountain of legal bills, Mike Lindell’s biggest property, MyPillow, just lost a place to lay its head. The 62-year-old’s biggest success—a line of poly-foam pillows—is currently facing a court-ordered eviction after the big boss failed to pay $217,000 in rent at one of its two warehouses in ​​Shakopee, Minnesota. “MyPillow has more or […]

Parking woes targeted for audit in Wilmington as federal suit goes to trial

Legislation moved out of a Wilmington City Council committee is looking to audit the city’s parking, towing and booting practices, an effort that the administration has resisted in the past. It’s those practices that have landed Delaware’s largest city in federal court. A lawsuit, filed in September 2021, claims Wilmington allows private companies to tow […]

Boeing targets a culprit of 737 MAX production woes: ‘Traveled work’

Boeing’s (BA) CFO today outlined the steps the company is taking to address a series of issues affecting the safety and reliability of its planes (not to mention the company’s reputation). “The events of Jan. 5, in Alaska Airlines Flight 1282 and everything we’ve learned since, we acknowledge that we need to improve upon safety […]

Trump’s Super Tuesday supporters in California brush off legal woes

Like most Republican voters casting their vote Tuesday in Huntington Beach, California, Tom Jones is delighted at the thought that Donald Trump could soon be the party’s presidential nominee. While Trump cannot mathematically seal victory, a sweep of the 15 US states and one territory voting on Super Tuesday would pretty much leave Nikki Haley […]

Bournemouth boost survival bid as Burnley’s woes deepen

Justin Kluivert and Antoine Semenyo were on target as Bournemouth ended a seven-match winless run in the Premier League with a 2-0 victory at Burnley. The Clarets already appear doomed to relegation and, despite dominating possession and chances, they fell to an 11th home defeat from 14 league games at Turf Moor. Kluivert provided a […]