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Infosnips Hotel lenders are racing to dump risky loans as the hospitality industry nears a breaking point, with defaults stacking up and high-profile properties starting to shutter Infosnips Hotel lenders are racing to dump risky loans as the hospitality industry nears a breaking point, with defaults stacking up and high-profile properties starting to shutter

Infosnips Hotel lenders are racing to dump risky loans as the hospitality industry nears a breaking point, with defaults stacking up and high-profile properties starting to shutter

By 18 hours ago

Financial problems in the hospitality industry appear to be growing.  The pandemic has brought hotel occupancy and room rates crashing down and has created a huge uptick of distress in the sector. Nearly $50 billion of CMBS debt is currently delinquent, according to S&P Global Ratings. Of that, about $20 billion is tied to hotel…

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Infosnips Today in History

By 18 hours ago

September 18, 2020, 4:00 AM• 5 min readToday in HistoryToday is Friday, Sept. 18, the 262nd day of 2020. There are 104 days left in the year.Today’s Highlight in History:On Sept. 18, 1850, Congress passed the Fugitive Slave Act, which created a force of federal commissioners charged with returning escaped slaves to their owners.On this…

Infosnips New this week: Alicia Keys, ‘Filthy Rich’ and the Emmys Infosnips New this week: Alicia Keys, ‘Filthy Rich’ and the Emmys

Infosnips New this week: Alicia Keys, ‘Filthy Rich’ and the Emmys

By 18 hours ago

This week’s new entertainment releases include Alicia Keys’ first album in four years, called “ALICIA,” and the return to TV of Kim Cattrall, who is at the center of Fox’s “Filthy Rich,” a prime-time soap opera loaded with money and betrayalSeptember 14, 2020, 2:52 PM• 5 min readHere’s a collection curated by The Associated Press’…

Infosnips Dismay over Breonna Taylor spills into America’s streets Infosnips Dismay over Breonna Taylor spills into America’s streets

Infosnips Dismay over Breonna Taylor spills into America’s streets

By 18 hours ago

LOUISVILLE, Ky. — In the wake of the decision not to prosecute Kentucky police officers for killing Breonna Taylor, authorities and activists alike wrestled Thursday with the question of what comes next amid continued demands for justice in the Black woman’s death.“The question obviously is: What do we do with this pain?” Louisville Mayor Greg…

Would Prince Harry & Meghan Markle Do a Reality Show? | Daily Pop | E! News – E! News

By 18 hours ago

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Huawei R&D Lab Catches Fire in Dongguan, China Huawei R&D Lab Catches Fire in Dongguan, China

Huawei R&D Lab Catches Fire in Dongguan, China

By 18 hours ago

Gif: The PaperHuawei’s research and development lab in the city of Dongguan, China is on fire, with large clouds of gray smoke billowing from the building, according to multiple videos posted to social media and the state news outlet Global Times. It’s not clear what caused the blaze, but firefighters are on the scene, according…

Opera Star Anna Netrebko Is Hospitalized With Covid-19 Opera Star Anna Netrebko Is Hospitalized With Covid-19

Opera Star Anna Netrebko Is Hospitalized With Covid-19

By 18 hours ago

“Everything will be fine!” she said on Instagram, but the news is the latest sign of the challenges singers face returning to work.Credit…Florian Wieser/EPA, via ShutterstockPublished Sept. 17, 2020Updated Sept. 24, 2020LONDON — Anna Netrebko, the star Russian soprano, is in the hospital with pneumonia caused by the coronavirus, she said in an Instagram post…

Arthur Sulzberger Jr. to Retire as New York Times Company Chairman Arthur Sulzberger Jr. to Retire as New York Times Company Chairman

Arthur Sulzberger Jr. to Retire as New York Times Company Chairman

By 18 hours ago

A changing of the guard is complete as he steps back from the board of the news organization he led to 61 Pulitzer Prizes.Arthur Sulzberger Jr. will be succeeded as board chairman by his son, A. G. Sulzberger.Credit…Damon Winter/The New York TimesSept. 23, 2020The New York Times Company announced on Wednesday that Arthur O. Sulzberger…

Ruth Bader Ginsburg Dies: This Week in the 2020 Race Ruth Bader Ginsburg Dies: This Week in the 2020 Race

Ruth Bader Ginsburg Dies: This Week in the 2020 Race

By 18 hours ago

News analysisThe news arrived late Friday night while Joe Biden and President Trump were both campaigning in Minnesota. Joseph R. Biden Jr. participated in a CNN town hall near Scranton, Pa., on Thursday.Credit…Erin Schaff/The New York TimesSept. 19, 2020Welcome to our weekly analysis of the state of the 2020 campaign.The week in numbersJoe Biden continues…

Suspension of a US professor sparks debate over a Chinese word Suspension of a US professor sparks debate over a Chinese word

Suspension of a US professor sparks debate over a Chinese word

By 18 hours ago

Image copyright Twitter Image caption Professor Patton has stepped back from his post since his 20 August seminar A US university investigation into one of its professors has ignited a debate over the use of a seemingly innocuous Chinese word.Professor Greg Patton at the University of Southern California (USC) was telling students in a communications…

Infosnips UFC’s Colby Covington takes call from Trump, rips ‘coward’ LeBron after TKO Infosnips UFC’s Colby Covington takes call from Trump, rips ‘coward’ LeBron after TKO

Infosnips UFC’s Colby Covington takes call from Trump, rips ‘coward’ LeBron after TKO

By 22 hours ago

Ultimate Fighting Championship welterweight contender Colby Covington finished off Tyron Woodley, then took the fight to Joe Biden and LeBron James. After scoring a fifth-round TKO in the main event…

Infosnips NFL Picks Week 4: Latest Odds, Prop Bets, Over-Under Lines and Predictions Infosnips NFL Picks Week 4: Latest Odds, Prop Bets, Over-Under Lines and Predictions

Infosnips NFL Picks Week 4: Latest Odds, Prop Bets, Over-Under Lines and Predictions

By 22 hours ago

Brett Duke/Associated PressThe Green Bay Packers are projected to have yet another outstanding offensive performance in Week 4. The NFC North side’s clash with the Atlanta Falcons was assigned the largest over/under total among the 16 games. The Packers have put up a league-high 122 points in the first three weeks and could be in line for…

Infosnips NFL Power Rankings Week 3: 2020 Standings, Reaction for All Teams Post-MNF Infosnips NFL Power Rankings Week 3: 2020 Standings, Reaction for All Teams Post-MNF

Infosnips NFL Power Rankings Week 3: 2020 Standings, Reaction for All Teams Post-MNF

By 22 hours ago

Isaac Brekken/Associated PressCompared to Week 1, the second week of the 2020 NFL season was a relatively surprise-free affair, at least until Monday night.The Las Vegas Raiders stunned the favored New Orleans Saints 34-24 in a contest that might put an end to the talk of Derek Carr being on the hot seat. The Raiders…

Infosnips Vegas’s Decades-Long Journey To The Raiders’ Bittersweet Home Opener Infosnips Vegas’s Decades-Long Journey To The Raiders’ Bittersweet Home Opener

Infosnips Vegas’s Decades-Long Journey To The Raiders’ Bittersweet Home Opener

By 22 hours ago

CHARLOTTE, NORTH CAROLINA – SEPTEMBER 13: QB Derek Carr #4 of the Las Vegas Raiders drops back to … [+] throw deep against the Carolina Panthers in Charlotte, North Carolina last week. (Photo by Grant Halverson/Getty Images) Getty Images When the Raiders announced in August that the coronavirus pandemic would force them to play 2020…

Infosnips Manny Pacquiao: Conor McGregor talks have begun, says assistant Infosnips Manny Pacquiao: Conor McGregor talks have begun, says assistant

Infosnips Manny Pacquiao: Conor McGregor talks have begun, says assistant

By 22 hours ago

Pacquiao (right) lost in 2015 to Mayweather, the only man McGregor has previously fought in professional boxingManny Pacquiao’s special assistant says that the eight-weight world champion hopes to fight Conor McGregor in 2021.Jayke Joson added that a “huge portion” of Pacquiao’s earnings would go to help coronavirus victims in the 41-year-old’s native Philippines.Former two-weight UFC…

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