The Carmel-based insurer for years has been managing the fallout of a deal it cut in 2013 that was supposed to reduce risk but instead blew up in spectacular fashion.
Under the terms of the agreement, the Simon-back venture intends to purchase substantially all of the iconic retailer’s global business operations as a going concern. It has committed to acquiring at least 125 Brooks Brothers retail locations.
Simon is veering into retailer ownership in a substantial way, emboldened by its successful partnership with two other firms to buy the teen-oriented mall chain Aeropostale out of bankruptcy court in 2016.
To this point, having received recommendations but no mandates from the Indianapolis-based NCAA, universities have implemented widely varying plans to deal with the novel coronavirus for the upcoming academic year.
People on six continents already are getting jabs in the arm as the race for a COVID-19 vaccine continues, with even bigger studies poised to prove if any shot really works—and maybe offer a reality check.
The John M. Mutz Philanthropic Leadership Institute is designed to build the pipeline of diverse talent in philanthropy so the sector will have strong leaders for years to come.
Office tenants are considering renting less space as more employees work from home, and the trend toward online shopping is accelerating, which could cut already weak demand for retail space in downtown areas and malls.
Whether you’re wishing you were at a wilderness cabin, the beach or an exotic passport destination, designers and retailers are offering clever ways to bring the world into your quarantined home space.
Telemedicine is a $21 billion worldwide industry that has long promised to overhaul health care but struggled as recently as six months ago to get steady traction.
Given the uncertainty, good decisions today need to incorporate farsighted thinking versus narrowband thinking. These complex decisions require a thoughtful and intentional process to increase the odds of having a favorable outcome.
The civil unrest, vandalism and looting comes as business owners continue to cope with the economic impact of the COVID-19 outbreak, which also required them to analyze the fine print of their insurance policies.
Rating agencies, which already ranked Steak n Shake on the lowest rungs of their creditworthiness ladders, further sounded the alarm bells in recent weeks after Steak n Shake paid off some of its debt at a discount—something a lender never would agree to if it thought it was going to be paid in full.
Even as governors, mayors and the federal government urge or require Americans to wear masks in stores, transit systems and other public spaces to contain the spread of the novel coronavirus, the nation is divided about whether to comply.
The roster of potential therapies includes new antivirals, older antivirals, anti-inflammatory drugs, stem cell therapies, antiparasitic drugs, and even treatments for erectile dysfunction.
