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Struggling Darien Outlet Center looking for investment from China
2015-07-19 19:57:34| Apparel - Topix.net
Terry.Dickson@jacksonville.com The Darien Outlet Center, located at Exit 49 of Interstate 95 in McIntosh County, is only about 25 percent occupied, down from 80 percent in 2006. Officials are taking a trip to China to help bring business back to the mall.
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Kenya's struggling Mumias Sugar names new CEO
2015-07-13 09:40:18| Sugar Industry News
NAIROBI (Reuters) - Kenya's cash-strapped Mumias Sugar has named a new chief executive officer after receiving a 1 billion shilling ($9.93 million) bailout from the Kenyan government, the company said on Thursday.
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struggling
Puerto Rico struggling to pay off public debt
2015-06-29 23:18:09| IT Services - Topix.net
Puerto Rico's deepening financial crisis could speed up an exodus of money from U.S. municipal bond funds that have placed big bets on the cash-strapped Caribbean island. Investors, for example, pulled $634 million from muni bond funds run by OppenheimerFunds during the first five months of 2015, according to Lipper Inc, a unit of Thomson Reuters.
Struggling MTA sees extra cash from real estate boom
2015-06-23 18:12:38| Railroads - Topix.net
As the New York City real estate market continues to hit record highs, the cash-strapped Metropolitan Transportation Authority is seeing revenues from real estate taxes that far exceed the numbers in its budget. The Authority has received 40 percent more in real estate-related tax revenues this year than what it budgeted for - a total of $732.4 million, according to a report presented to the agency's board on Monday.
How Gap plans to reboot its struggling retail empire
2015-06-17 00:56:47| Apparel - Topix.net
As Gap Inc. slashes 250 jobs and shutters 175 stores in North America , the San Francisco-based retail giant is embarking on a major reboot of its product lineup across its Gap, Old Navy and Banana Republic brands. Leading the way will be the company's value brand: Old Navy.
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