Boy Scouts of America Files for Chapter 11 Bankruptcy to Equitably Compensate Victims While Ensuring Scouting Continues

Boy Scouts of America Files for Chapter 11 Bankruptcy to Equitably Compensate Victims While Ensuring Scouting Continues

Irving, TX…The Boy Scouts of America (BSA) today announced that the national organization has filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code to achieve two key objectives: equitably compensate victims who were harmed during their time in Scouting and continue carrying out its mission for years to come. The BSA intends to […]

McClatchy, Nation’s Second Largest Newspaper Publisher Files For Bankruptcy.

McClatchy, Nation’s Second Largest Newspaper Publisher Files For Bankruptcy.

Sacramento, CA…From McClatchy..”On February 13, 2020, we announced that we are commencing a restructuring under Chapter 11 of the U.S. Bankruptcy Code to provide McClatchy with immediate protection while we pursue approval of our proposed restructuring plan and work to definitively address the Company’s funded debt, strengthen our balance sheet, and address our pension obligations […]

Economy Added 225,000 Non-Farm Jobs in January. Construction, Health Care, Transportation & Warehousing Lead Way.

Economy Added 225,000 Non-Farm Jobs in January.  Construction, Health Care, Transportation & Warehousing Lead Way.

Washington, DC….Economy Added 225,000 Non-Farm Jobs in January. Construction, Health Care, Transportation & Warehousing Lead Way. Total nonfarm payroll employment rose by 225,000 in January, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in construction, in health care, and in transportation […]

Lee Enterprises to Buy Berkshire Hathaway Newspaper Operations

Lee Enterprises to Buy Berkshire Hathaway Newspaper Operations

Davenport, IA…Lee Enterprises, Incorporated (NYSE: LEE), a trusted local news provider and leading platform for advertising in 50 markets, has entered into a definitive agreement with Berkshire Hathaway to acquire BH Media Group’s (“BHMG”) publications and The Buffalo News for $140 million in cash. Berkshire Hathaway is providing approximately $576 million in long-term financing to […]

State & Local Public Servants Average $51.66 Per Hour, Those They Serve Average $34.77.

State & Local Public Servants Average $51.66 Per Hour, Those They Serve Average $34.77.

Washington, DC…According to the latest numbers released by the Bureau of Labor Statistics the public sector continues to be the most lucrative portion of our economy to work. Historically public sector jobs provided security at a lower compensation rate as a trade off. Government jobs now provide not only security but much higher average hourly […]

Newly Published Research Points to Gum Disease as Potential Alzheimer’s Cause

Newly Published Research Points to Gum Disease as Potential Alzheimer’s Cause

South San Francisco CA…Cortexyme, Inc., the privately held, clinical-stage pharmaceutical company developing therapeutics to alter the course of Alzheimer’s disease (AD) and other degenerative disorders, has announced publication of a foundational paper supporting its approach in Science Advances, a top-ranked multidisciplinary journal published by the American Association for the Advancement of Science (AAAS). In the […]

NASA Adds E. Michael “Mike” Fincke to Crew Assignment for Manned Boeing Flight Test

NASA Adds E. Michael “Mike” Fincke to Crew Assignment for Manned Boeing Flight Test

Cape Canaveral, FL…NASA astronaut E. Michael “Mike” Fincke has been added to the crew of the Boeing CST-100 Starliner’s Crew Flight Test, scheduled to launch later this year.  Fincke takes the place of astronaut Eric Boe, originally assigned to the mission in August 2018. Boe is unable to fly due to medical reasons; he will replace Fincke […]

FCC Investigating 911 Outage That Affected CenturyLink Customers Nationwide

FCC Investigating 911 Outage That Affected CenturyLink Customers Nationwide

Washington, DC…Federal Communications Commission Chairman Ajit Pai announced today that the agency has launched an investigation into the nationwide CenturyLink outage, which has affected 911 service for numerous consumers across the country. Chairman Pai issued the following statement regarding the situation: “When an emergency strikes, it’s critical that Americans are able to use 911 to […]

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