Saks Global plans to leave bankruptcy this summer with $500 million in funding.
Saks Global is set to exit bankruptcy protection this summer, thanks to a $500 million financing deal from a group of bondholders to support its luxury store operations, the company shared on Thursday. Owners of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, mentioned they’ve secured “restructuring support agreements” with several bondholders. They aim to […]
Thune and Johnson reveal strategy to bypass Democrats and secure border funding for the long term
Republican leaders are uniting behind President Trump’s fresh strategy to resolve the prolonged 47-day defunding of the Department of Homeland Security (DHS). This new approach could mean that DHS remains unfunded for the duration of Trump’s presidency. House Speaker Mike Johnson and Senate Majority Leader John Thune announced on Wednesday that funding will occur along […]
Hollywood Worried as Iran Conflict Disrupts Middle East Funding to U.S.
Concerns Over Trump’s Iran Actions Impacting Arab Investment in Hollywood Executives in Hollywood are increasingly worried that President Donald Trump’s stance against Iran and the resulting turmoil in the Middle East could hinder Arab investments in American entertainment ventures. Significant funds have flowed from Gulf states into the U.S. entertainment industry. For instance, Qatar invested […]
Judge halts Trump’s order to cut funding for NPR and PBS
Judge Blocks Trump Administration’s Funding Cuts to PBS and NPR A federal judge has intervened to prevent the Trump administration from cutting federal funding to PBS and NPR. This decision, made by U.S. District Judge Randolph Moss in Washington, D.C., ruled President Trump’s executive order aimed at these organizations as unlawful. Judge Moss, appointed during […]
Half of US states may face a loss of $23 billion in education funding.
Potential Loss of Education Funding for States A recent analysis indicates that states opting out of the Education Freedom Tax Credit (EFTC) may miss out on nearly $23 billion in education funding over the next three years. This finding comes from the America First Institute for Policy Studies. In an effort to illustrate these possible […]
Steve Milloy: Cut Funding to the National Academy of Sciences
National Academy of Sciences Challenges Trump’s Energy Plan The National Academy of Sciences (NAS) is actively opposing Trump’s significant energy strategy. Many believe it’s definitely time for the Trump administration to cut funding to groups that are against fossil fuels and nuclear energy, and perhaps to challenge their reliance on left-leaning financial backers who support […]
Guide to expectations for DHS funding when the Senate convenes on Monday
House to Vote on DHS Funding Measure House Republicans are set to introduce their own Department of Homeland Security (DHS) spending bill, according to reports. The Senate is expected to revisit the situation on Monday morning, as the House passed a short-term funding plan for DHS late Friday night. The Senate session is scheduled for […]
Sen. Ron Johnson urges abolishing the filibuster during DHS funding halt
Sen. Ron Johnson Advocates for Ending Senate Filibuster Amid DHS Funding Dispute On “Sunday Morning Futures,” Senator Ron Johnson (R-Wis.) expressed that Republicans should consider abolishing the Senate filibuster. He suggested that the current 60-vote requirement for overcoming the filibuster is impeding necessary actions related to border and homeland security, particularly as lawmakers negotiate funding […]
Funding from Soros supports Virginia vote that may alter House map
Liberal funding is being funneled into efforts aimed at persuading Virginia voters to support a referendum set for April 21. This initiative could allow Virginia Democrats to revise the state’s congressional maps, with nearly $33 million coming from just eight progressive groups over the past few months, including the Policy Reform Fund, which is backed […]
House approves DHS funding measure as lawmakers begin recess without resolution to shutdown
House Passes Temporary Funding Bill Amid Ongoing Shutdown Late Friday, the House approved a temporary funding measure that will support the Department of Homeland Security. However, the 43-day shutdown could extend for several more weeks. The two-month funding extension passed by the House may face challenges once it reaches the Senate. There, any funding proposal […]