Tag: Barack Obama

  • Weinstein Buyers Pull Out of Purchase After Looking at Books

    Maria Contreras-Sweet said her group is pulling out of its deal to buy the troubled Weinstein Co. film and TV studio after an examination of its finances raised doubts about the company’s viability. The deal fell apart after Contreras-Sweet’s group learned Weinstein’s liabilities were higher than the $225 million previously thought, people with knowledge of […]

  • Contreras-Sweet Reaches Agreement to Buy Weinstein Assets

    A group led by former Small Business Administration chief Maria Contreras-Sweet agreed to acquire assets of Weinstein Co., the film and TV company that went into a tailspin after its co-founder was accused of sexual misconduct. The deal represents the bulk of the business and will keep the company out of bankruptcy, according to a […]

  • Remingtons Bankruptcy May Be the Tip of the Iceberg

    Firearms companies face declining sales, falling stock prices and tremendous debt. Gunmaker American Outdoor Brands Corp., formerly known as Smith & Wesson, has seen its stock plummet by almost half from 2017. On Monday, Remington Outdoor Co., an iconic, 200-year-old American firearms manufacturer, announced it’s planning to file for bankruptcy.   With Republicans in control of Washington, there’s little […]

  • Weinstein Co. Nears Sale to Group Led by Ex-SBA Chief

    A group led by former Small Business Administration chief Maria Contreras-Sweet entered exclusive talks to buy the troubled Weinstein Co. film studio, according to a person familiar with the talks. The negotiations could lead to a sale of the company in the next two weeks, said two people, who asked not to be identified because […]

  • Uber Investor Shervin Pishevar Accused of Sexual Misconduct by Multiple Women

    In December 2014, Uber held its annual holiday party on an unfurnished floor at its swank, mood-lit headquarters in San Francisco. Employees and investors attended in flamboyant attire from the “Roaring ‘20s” and drank at an open bar into the early morning hours. Venture capitalist Shervin Pishevar, several attendees recall, brought a live pony on […]