AMC’s CEO says the movie theater company has finally recovered from pandemic-era difficulties
AMC Entertainment says it has moved beyond the financial strain it faced after the COVID-19 pandemic, when theater closures drained cash and left the company managing substantial debt. The business also contended with broader changes in the film industry, including shorter theatrical runs, competition from streaming services and production delays caused by the 2023 writers’ […]
NYC reverts to pandemic-era budget policy for public schools — slammed by critics as ‘rewarding failure’
New York City public schools, which have fewer students than expected this fall, will not have their budgets cut and will revert to controversial pandemic-era policies, officials announced Wednesday. If mid-year budget adjustments had gone as planned, about half of the 1,600 schools covered by the program would have seen a total reduction of $157 […]
Last pandemic-era student loan benefit ends even as borrowers struggle to make payments
The last of the pandemic-era student loan benefits will be wiped out, cutting off four years of extra aid for borrowers, but advocates say it was never actually enough. The Biden administration's “infusion of capital” over the past year ended in early October, and borrowers will now be subject to penalties for missing payments. Advocates […]