The proposed merger between the supermarket giants Albertsons Companies Inc. (NYSE: ACI) and The Kroger Co. (NYSE: KR) collapsed this morning as Albertsons terminated the merger agreement and filed a lawsuit against Kroger claiming a willful breach of contract and...
The Pierre, a historic five-star hotel overlooking New York City’s Central Park, is being marketed for sale. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the landmark lodging property features 189 hotel rooms, restaurants and...
A Phil Hall Op-Ed: There is a quote attributed to the ancient Chinese philosopher Lao Tzu that, roughly translated into English, goes like this: “Governing a great nation is like cooking a small fish – too much handling will spoil it.” Lao Tzu’s wisdom is clearly a...
ASC Global Inc., a wholly owned subsidiary of Token Communities (OTC PINK:TKCM), has executed a Letter of Intent to acquire 749 acres of development site in Texas for an industrial park that will have Asia-Pacific manufacturers as tenants. According to the company,...
The Arizona-based fast-food sandwich chain Eegee’s has filed for Chapter 11 bankruptcy and closed five of its eateries. According to combined media reports, the 53-year-old chain listed both assets and liabilities of between $10 million and $50 million and said it has...
Ahead of the new Elon Musk-Vivek Ramaswamy initiative to cut federal waste through the Department of Government Efficiency (DOGE), the US General Services Administration (GSA) announced eight federal properties will be jettisoned from its portfolio. The GSA plan said...
