August 31, 2021 By: Lara Wieczezynski and Katherine Doherty (Bloomberg) – TransPerfect Gets $500 Million Credit Facility for Refinancing The new credit facility — comprised of a $250 million term loan and a $250 million revolving credit line replaces the company’s previous $450 million deal, according to a company statement seen by Bloomberg. * Loan […]
From Modest Means to Quiet Philanthropy Arik Kislin’s rise to being a philanthropist and role model for business investors has many twists and turns that make his story both intriguing and inspirational. Kislin was born in Odessa, Ukraine, in 1968. When he was four years old, he moved with his family to Israel. He never […]
For a long time, McDonald’s and other fast-food franchise brands have been unwilling and unenthusiastic participants in the ongoing debate over healthier food options. Especially for kids. It’s not really that Mickey D’s wants kids to eat unhealthy. It’s simply that the business model is not based on freshly made and prepared foods. It’s about […]
Yep, that’s right. And not only are they going public with a new IPO that will trade as HOSTESS, but they are looking at adding new treats to their lineup. A year or so ago, a majority stake in Hostess was sold to Gores Group (GRSHU), who has raised an additional $375 million to purchase […]
Trump Courting Big Donors
GOP Presidential candidate Donald Trump has, from the beginning of his unlikely campaign, touted his strength as a self-funded man of the people. The one candidate who not only isn’t “bought” but cannot be bought, because he already has plenty of cash to pay his own way. Now, while that’s never been precisely true – […]
When the Obama administration wanted help in countering the success ISIS is having online, they didn’t call the CIA or the Defense Department. They called in the experts – Apple, Google, Facebook, YouTube, and Twitter. Government officials want to be able to monitor and track ISIS communications on the ‘net, and they need answers on […]
Everyone knows there can be big rewards in real estate investing. But, for many, the risk was always too high. No matter which way you went – commercial or residential – there were so many variables that even the savviest investor could lose his shirt. But crowdfunding is changing that. A startup called RealtyShares recently […]
The news just keeps getting worse for Volkswagen. After the story of the German automaker’s international emissions scandal broke, everyone in consumer PR knew it would be bad. But it’s worse. November sales plummeted more than 25 percent. In the time of year every automaker is desperately trying to clear out old inventory to make […]
At the New York Museum of Modern Art on November 19, distinguished guests from a multitude of faiths converged to pay tribute to King Mohammed VI of Morocco. The Moroccan royal was honored for his work in preservation of Jewish cemeteries in his mostly Muslim nation. King Mohammed’s efforts reflect how citizen and leadership majorities […]
Bonita Springs Assistance Office is a local charity providing emergency financial aid and a food pantry for residents facing a crisis. 39-year old Marjorie Kasell-Johnson (MJ) was the executive director and president of BSAO for about a year before she was recently fired, suspected of misappropriating funds.