A Maryland attorney has been found guilty of a wide range of fraud that could land him in prison for almost four decades. The federal jury in Greenbelt rejected his claims and said he hid millions of dollars earned from poker, failed to pay taxes for several years, and lied to mortgage lenders ab
A casino operator in Australia has reached an agreement to restructure its debt with a major financial group. The deal is expected to replace the company’s current borrowing and give it extra cash to support a turnaround strategy. The agreement is still in draft form, so it does not guarantee a f
The US men’s hockey squad reached the Olympic arena on a day that echoed a historic Cold War upset, but the moment was soon turned from sport to politics. A former FBI chief and a sitting president both reached out, asking the athletes to attend high‑profile events that carried heavy national implic
The country’s finance minister has decided not to announce a new fiscal rule in this week’s budget. He plans to hold off until at least October before introducing a measure that would limit how much the government can borrow. The rule, known as a fiscal anchor, is intended to keep South Africa’s
AMC Entertainment, the world’s biggest movie theater chain, has begun a new private debt sale. A wholly‑owned unit called Muvico is offering $1. 73 billion in first‑lien notes that mature in 2031. These notes will be backed by AMC and its subsidiaries, which also back a new $750 million loan that th
AMC, one of the biggest theater chains in the world, sold almost 10 % fewer tickets in its last quarter. The company’s parent reported total revenue of $1. 28 billion, a small dip from the previous year’s $1. 30 billion. Attendance fell to 56. 3 million people across all locations. In the United St
The Ghanaian government just cleared 10 billion cedis, about $910 million, in interest payments under its Domestic Debt Exchange Programme. This marks the sixth time the country has made a coupon payment since it started restructuring its debts in 2022. The ministry said the move is meant to calm
In a bold move, groups focused on preserving nature and history have taken legal action against the Trump administration. They claim that recent policies are leading to the removal or alteration of key exhibits in national parks. These exhibits cover important topics like slavery, civil rights, and
In a bold move, Uruguay’s finance chief announced that the country will start issuing half of its government debt in its own currency, the peso. This change is part of a wider plan to reduce reliance on the U. S. dollar and shield the economy from foreign currency swings. Back in the early 2000s, a
Portugal is in a tough spot. The country is trying to keep its budget balanced and reduce debt, but recent storms have made things harder. The finance minister, Joaquim Miranda Sarmento, said that helping people and businesses affected by the storms is a priority. This means that the government migh
