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ANÁLISIS | Detienen al presidente de Evergrande, que fue la segunda mayor inmobiliaria de China. La empresa tendrá que esforzarse para sobrevivir

Published Tue, 05 Nov 2024 10:31:11 GMT

(CNN) — Después de incumplir su deuda hace dos años, el promotor inmobiliario chino Evergrande debía ser reestructurado y permitirle recuperarse. Pero ese plan ahora parece estar en peligro, después de que la policía detuvo al presidente de la compañía y a personal de una filial financiera.Xu Jiayin, también conocido como Hui Ka Yan en cantonés, ha sido sujeto a “medidas obligatorias” por sospecha de delitos, dijo Evergrande este jueves en una presentación a la bolsa de valores de Hong Kong.La empresa no dio más detalles sobre la ubicación de Xu ni la naturaleza de los presuntos delitos. Según el sistema legal chino, las medidas “obligatorias” pueden incluir la detención y el arresto formal.Xu fundó Evergrande en 1996. Su detención suma a la incertidumbre sobre el futuro del asediado gigante inmobiliario, que esperaba finalizar un enorme plan de reestructuración de deuda supervisado por el gobierno en las próximas semanas para evitar el colapso.Evergrande, que todavía tiene US...

Live updates | Matt Fitzpatrick is on a tear at the Ryder Cup in a bid to end his losing streak

Published Tue, 05 Nov 2024 10:31:11 GMT

GUIDONIA MONTECELIO, Italy (AP) — Matt Fitzpatrick seems intent on ending his losing streak at the Ryder Cup.The former U.S. Open champion poured in putts totaling 60 feet to help him and Rory McIlroy build a 4-up lead after five holes against Collin Morikawa and Xander Schauffele, then hit an approach to 4 feet to win another hole at No. 6.McIlroy was reduced to a spectator’s role by that point — he simply laughed and applauded Fitzpatrick after his partner’s 12-foot putt for eagle dropped at No. 5 — but helped out by making birdie at the seventh hole to put the Europeans 6 up.Fitzpatrick has lost all of his previous five matches at a Ryder Cup, in 2016 and 2021 when Europe was the visiting team. This is his first time playing fourballs.The other three fourballs were much closer.Max Homa and Wyndham Clark were the guys most likely to put a point on the board for the U.S. team after going 2 up against Robert MacIntyre and Justin Rose after nine holes.___Mark this down: T...

DC-area credit unions planning shutdown relief programs for government workers

Published Tue, 05 Nov 2024 10:31:11 GMT

There are roughly 370,000 federal government employees in the D.C. region, many of whom will go without a paycheck if the federal government shuts down. Even with back pay likely when the shutdown ends, that could mean weeks of financial hardship.Many of those employees also bank with credit unions tailored to them, and several have announced furlough relief programs to help them get by.Navy Federal Credit Union, the largest credit union in the world, serves all branches of the military and other federal employees and will provide interest free paycheck advances for up to 60 days for government employees and contractors who are paid directly by the federal government through direct deposit. Customers have up until three days after their first missed paycheck to apply. Details here.PenFed Credit Union is offering zero-interest paycheck protection loans to members whose federal government pay is normally directly deposited in their accounts, low interest furlough loans, skip a payment...

Wonder Group buying meal kit company Blue Apron for about $103 million

Published Tue, 05 Nov 2024 10:31:11 GMT

Wonder Group is buying meal kit company Blue Apron for about $103 million as the company looks to enhance its offerings.Wonder Group, which was founded by e-commerce mogul Marc Lore, began with vans that would deliver meals to residences, making the final preparations curbside. But the company faced push back from some residents concerned about the environmental impact of the idling vans and also dealt with cost concerns. It has since started opening some stores, moving away from the van delivery service. Blue Apron has built itself into a known name in the meal kit sector, but it’s faced increased competition over the years from other meal kit businesses, like Hello Fresh, as well as restaurant and grocery delivery services and at home chefs. In 2019, two years after its initial public offering, the New York-based company was faced with a potential delisting from the New York Stock Exchange because of its faltering stock price. Blue Apron announced in 2020 that it was conside...

Aerosmith postpones Denver show over Steven Tyler's fractured larynx

Published Tue, 05 Nov 2024 10:31:11 GMT

TAMPA, Fla. (WFLA) – Aerosmith has postponed their "Peace Out" farewell tour after doctors discovered Steven Tyler's vocal chord damage was more severe than originally thought. In a Facebook post on Friday, the band said they were forced to push their upcoming shows to "sometime in 2024" after doctors confirmed the singer fractured his larynx. Aerosmith initially postponed their September dates after Tyler suffered vocal chord damage during a performance, resulting in bleeding. The tour was then scheduled to begin in Tampa on Oct. 11. From left: Tom Hamilton, Steven Tyler, Joe Perry, John Douglas and Brad Whitford of Aerosmith perform on Sept. 8, 2022, at Fenway Park in Boston. (Photo by Winslow Townson/Invision/AP, file)"He is receiving the best medical treatment available to ensure his recovery is swift, but given the nature of a fracture, he is being told patience is essential," Aerosmith wrote in Friday's statement.Tickets will be honored for the rescheduled tour dates, the band...

Judge says she is ending conservatorship between former NFL player Michael Oher and Memphis couple

Published Tue, 05 Nov 2024 10:31:11 GMT

MEMPHIS, Tenn. (AP) — A Tennessee judge said Friday she is ending a conservatorship agreement between former NFL player Michael Oher and a Memphis couple who took him in when he was in high school.Shelby County Probate Court Judge Kathleen Gomes said she is terminating the agreement reached in 2004 that allowed Sean and Leigh Anne Tuohy to control Oher’s finances. Oher signed the agreement when he was 18 and living with the couple as he was being recruited by colleges as a star high school football player.Gomes said she was not dismissing the case. Oher has asked that the Tuohys provide a financial accounting of money that may have come to them as part of the agreement, claiming that they used his name, image and likeness to enrich themselves and lied to him that the agreement meant the Tuohys were adopting him.Gomes said she was disturbed that such an agreement was ever reached. She said she had never seen in her 43-year career a conservatorship agreement reached with someone who w...

New York City in state of emergency as torrential rain floods subways, roads and basements

Published Tue, 05 Nov 2024 10:31:11 GMT

(CNN) — Flooding closed roads, disrupted subway service and flooded basements in the New York City area as “dangerous and life-threatening” rainfall overwhelmed the concrete expanse during the Friday morning commute.A month’s worth of rain – more than 4 inches – fell over parts of Brooklyn in just three hours Friday morning, as intense rainfall rates of 1 to 2 inches an hour fell across the New York tri-state area.The heaviest rainfall began to ease across hard-hit portions of Manhattan and Brooklyn late Friday morning, but another round is expected in the afternoon and could reinvigorate dangerous flooding.“This is a dangerous weather condition and it is not over,” New York City Mayor Eric Adams said at a Friday morning news briefing. “I don’t want those gaps in heavy rain to give the appearance that it is over, it is not.”Happening now:New York Gov. Kathy Hochul declared a state of emergency for the New York City area as torrential rain floods roads, basements and s...

The Patriots’ final practice before Cowboys game brings more good news

Published Tue, 05 Nov 2024 10:31:11 GMT

For the third straight practice, the Patriots took the field with a full roster and practice squad Friday.Related ArticlesNew England Patriots | Pharaoh Brown recalls Bill O’Brien blocked his workout with Patriots years ago New England Patriots | Patriots mailbag: Could young receiver take snaps from JuJu Smith-Schuster? New England Patriots | Callahan: Bill Belichick can’t beat Cowboys coaching conservatively New England Patriots | Will Grier: Patriots ‘didn’t interrogate me’ about Cowboys New England Patriots | Patriots offseason approach with Matt Judon paying off No player missed a single practice this week, as the team continues to prepare for Sunday’s game against the Cowboys. The Pats have listed five players as limited on their injury report, but none have come as a surprise. Cornerback Jonathan Jones (ankle) appears to be trending in the right direction after ...

4 ways the Chicago Bulls can jump-start their offense this season, including moving the ball through Nikola Vučević

Published Tue, 05 Nov 2024 10:31:11 GMT

For the past two seasons, the Chicago Bulls were defined by a smothering defense but a sluggish offense that has kept them from climbing into Eastern Conference contention.The Bulls were 22nd in the league in scoring last season with 113.1 points per game despite finishing fourth in field-goal accuracy (49%). With creative, explosive players such as Zach LaVine and DeMar DeRozan, it’s baffling that the Bulls still can’t get their offense off the ground.When pressed for answers over the last two years, the Bulls have offered the same script for improving the offense: take more 3-pointers, reduce turnovers, get the ball to LaVine and DeRozan more often.The front office attempted to address some of these issues in the offseason, bringing in Torrey Craig and Jevon Carter to improve the 3-point shooting and perimeter options. But there are plenty of other ways for the Bulls to play more interesting basketball this season. Here are four of them.1. Don’t overrely on th...

United Autoworkers strikes spread to Chicago and Lansing as 7,000 more workers join the picket line

Published Tue, 05 Nov 2024 10:31:11 GMT

By DAVID KOENIG and TOM KRISHER (AP Business Writers)DETROIT (AP) — The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a General Motors assembly factory near Lansing, Michigan.Union President Shawn Fain told workers on a video appearance Friday that negotiations haven’t broken down but Ford and GM have refused to make meaningful progress. Jeep maker Stellantis was spared from the third round of strikes.The GM plant in Delta Township, near Lansing, makes large crossover SUVs such as the Chevrolet Traverse and Buick Enclave. A nearby metal parts stamping plant will remain open, Fain said.The Chicago Ford plant makes the Ford Explorer and Explorer Police Interceptors, as well as the Lincoln Aviator SUV. The Explorer interceptor is the nation’s top selling police vehicle.“Sadly, despite our willingness to bargain, Ford and GM have refused to make meaningful progress...