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Sports Illustrated says it is firing a company that produced articles for its website written under the byline of authors who apparently don’t exist. Photo / AP Sports Illustrated is the latest media company to have its reputation damaged by being less than forthcoming — if not outright dishonest — about who or what is … Read more
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High borrowing costs ate starting to bite in corporate America. Photo / Alexander Spatari, Getty Images The US economy may be growing much faster than pessimists had predicted, but business is still brisk for bankruptcy lawyers. “Things have really accelerated,” says Thomas Lauria, global head of restructuring at White & Case. His team is on … Read more
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Expectant passengers of the Pacific Explorer were not allowed aboard due to visa issues and were left stranded in Auckland. Photo / Brett Phibbs More than 50 cruise ship passengers were left stranded on an Auckland wharf after being refused entry for not having appropriate visas. This is despite cruise ship operator P&O Cruises’ customer … Read more