Marble Ridge hedge fund to shut after Neiman Marcus blowup

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Marble Ridge hedge fund to shut after Neiman Marcus blowup

Hedge fund Marble Ridge Capital is shutting down after a U.S. government investigation found its managing partner at fault for trying to interfere with Neiman Marcus Group’s auction of assets in bankruptcy. The firm told investors it would start returning money …
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Hollywood Casino Baton Rouge moving onto land, adding Shaquille O'Neal restaurant, sports bar

Hollywood Casino Baton Rouge said it will move its downtown riverboat casino into a $21 million to $25 million land-based facility in early 2022. The proposal, which has been approved by the Louisiana Gaming Control Board, will create 166 construction …
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Unemployment is up, but Maine seems to be bouncing back from the pandemic

Despite an overall rise in jobless claims filed last week, Maine economy continues to show signs of rebounding from the plunge created by the coronavirus pandemic, state officials said Friday. According to data released by the Maine Department of Labor, …
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Shake Shack will pay year-end bonuses to all workers

The fast-casual chain is also guaranteeing bonus payouts to all of its managers, as a thank you for the “incredible grit” they’ve shown during the pandemic. By Heather Lalley on Aug. 20, 2020. Facebook · Twitter · LinkedIn · SMS. Shake Shack employee …
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Coronavirus is draining craft booze makers' sales, study claims

The coronavirus pandemic has left craft booze makers with one big hangover, a new study says. The nation’s craft distilleries expect to lose 41 percent of their sales now that the virus has made it harder to pour drinks for curious visitors, according to the …
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