En Sound Media

‘It’s the Only Way to Get Paid’: A Struggle for Citgo, Venezuela’s U.S. Oil Company

But now the exemption, which gives bondholders the right to acquire Citgo shares as payment, would end up hurting Mr. Guaidó, not Mr. Maduro. Citgo is a profitable company and can pay the interest due on its own debt, but it would struggle to shoulder PDVSA’s debt. Members of a committee of Venezuela bondholders, led

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Former Pimco Chief To Plead Guilty In College Admissions Scandal

BOSTON (Reuters) – Douglas Hodge, the former chief executive of the investment firm Pimco, has agreed to plead guilty to participating in what prosecutors say is the largest college admissions scam uncovered in the United States, according to a court filing on Thursday. Hodge is scheduled to appear in federal court in Boston on Monday

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When A Celebrity Tabloid Fixture Joins Instagram

Oct. 15, 2019, will go down in the history books as the day elusive megastar Jennifer Aniston joined Instagram. Within mere moments of posting a photo with her “Friends” co-stars, Aniston’s new account crashed as millions of users tried to “follow” her. She eventually claimed the record for the account that reached 1 million Instagram followers

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NBA facing ‘substantial’ losses over China dispute

Image copyright Getty Images Image caption Yao Ming played for the Houston Rockets between 2002 and 2011 boosting the team’s popularity in China The US National Basketball Association has suffered “substantial” losses after an online comment from a team executive prompted a crisis in its relations with China, the NBA’s head has said. “The financial

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