Tag: Family Business

Forever 21, Losing Young Shoppers, Is Said to Be Near Bankruptcy Filing

Forever 21, the fast-fashion retailer that spread its gospel of $5 shirts and $15 dresses from Southern California to hundreds of malls around the world, is preparing to file for bankruptcy in the coming weeks, according to three people with knowledge of its plans. The privately held retailer, which has been in restructuring talks for […]

Read More

HBO’s ‘Succession’ Tries to Get the Merger-Mad Media Industry Right

Last summer Rupert Murdoch was preparing to hand over the bulk of his empire in a sale that would put an end to a cocktail-party pastime in London, New York and Los Angeles: Which of his legacy-obsessed children would be taking over the family business? The answer, when it came, was both unexpected and poetic: […]

Read More

Justice Dept. Seeks to Halt Democrats’ Suit Over Trump’s Profits in Office

WASHINGTON — The Justice Department on Monday asked a federal appeals court to issue an emergency order halting a lawsuit by congressional Democrats that alleges that President Trump has illegally profited from his family business while in office. In a court filing, the department’s lawyers asserted that Judge Emmet G. Sullivan of the United States […]

Read More

How Sonoma’s Vineyards Survived a Siege of Fire, Smoke and Ash

In Sonoma Valley, fire and ash make their way into almost every conversation. For 10 days in October 2017, raining embers ravaged California’s Wine Country. Fueled by 70-mile-per-hour winds, the Nuns and Tubbs fires in Sonoma Valley barreled out of control toward the communities of Santa Rosa, Glen Ellen, Kenwood and Sonoma. When the fires […]

Read More