Sir Philip Green screenshot
By Shai Genish On Thursday, August 4th, 2016

British Retailer BHS to Close Its Doors for Good

  All BHS Stores are due to officially close their doors by the end of the month. The last stores will cease trading by Saturday August 20. Former BHS boss Sir Philip Green bought the chain in 2000 with the More...

yacht Philip Green The new boat,   called Lionheart,   reportedly cost £100m to make over four years  Livorno Daily
By News Brief On Sunday, June 26th, 2016
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As BHS Sinks, Tina Green Tours Her New £100 Million Yacht

  Four years took to build this £100 million yacht to Lady Tina Green’s specifications, which likely make BHS workers anger. After all they are who risk losing their jobs and pensions and may wonder why More...

Sir Philip Green screenshot
By News Brief On Wednesday, June 15th, 2016

BHS COLLAPSE: Sir Philip Green Finally Says Sorry Over BHS Demise and Admits Pensions Disaster Is His Fault

Sir Philip Green today finally issued a reluctant apology for BHS’ collapse and accepted the blame for company’s pensions black hole. The former owner claimed to have not been “involved in any shape or form” More...

Hanan Abramovich - diamond theft  - MAKO.CO.IL
By Jewish Business News On Wednesday, April 20th, 2016

Israeli Police Investigate Suspected $65 Million Diamond Fraud

Israel Police are investigating serious allegations of a $60-65 million cash and diamond theft at the Ramat Gan Diamond Exchange, which could cause the bankruptcy of dozen diamond companies. A well-known diamond More...

By Jewish Business News On Thursday, January 28th, 2016

HeartWare Cancels $860 Million Valtech Cardio Acquisition

  HeartWare is canceling its $860 million acquisition of Israeli company Valtech Cardio, announced by the companies in September 2015. The US company stated, “HeartWare finds itself in a different More...

By News Brief On Tuesday, January 5th, 2016

Former Ashley Madison CEO Touts ‘Philanthropic Generosity’ as He Looks for Work With New Website

  Noel Biderman’s new website touts him as a lawyer with experience as a corporate executive, responsible for “$100’s of Millions in profits and EBITA.” He’s pictured coaching football, fishing More...

By Ilan Shavit On Wednesday, December 16th, 2015

Israel’s Amos-5 Commercial Satellite Has Lost Forever in Space

  Israel’s Amos-5 commercial satellite has lost power and is a total loss, operator Spacecom, led by Shaul Elovitch, announced on Tuesday. Communication between the Israeli operator Spacecom and More...

Relativity at 10 party
By News Brief On Monday, October 5th, 2015

Relativity Bankruptcy: Ryan Kavanaugh Says He Has a Plan to Keep Control of Everything but TV

EXCLUSIVE: Relativity Media CEO Ryan Kavanaugh says today that he and some financial backers have amassed the resources needed to maintain control of all of his company’s operations except for television. Meanwhile, More...

Ryan Kavanaugh Relativity Media
By News Brief On Sunday, October 4th, 2015

Relativity Creditors to Get TV Assets for $125 Million Debt Cut

  Ryan Kavanaugh’s Relativity Media LLC, the bankrupt maker of films including The Fighter and Act of Valor, agreed to turn over its television business to a group of lenders in exchange for cutting More...

Relativity at 10 party
By News Brief On Saturday, October 3rd, 2015

Ron Burkle May Ride to Ryan Kavanaugh’s Rescue in a Bid for Relativity Media

Supermarket magnate Ron Burkle may have joined Ryan Kavanaugh’s last-minute bid for Relativity Media’s film assets. But even that probably won’t keep Kavanaugh in charge of the bankrupt company he More...


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