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AMC Scrambling to Raise Cash as Coffers Could Run Dry by 2021

By Gertrude Aziz 1 week ago

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The movie theater industry has been severely hit by business lockdowns and health restrictions on indoor gatherings. (Photo by Tom Cooper/Getty Images)


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AMC Entertainment

is scrambling to raise cash as it fights to survive a steep drop-off in attendance and a lack of blockbuster premieres.

The largest theater-chain operator said Tuesday it was trying to find new ways to raise the money and could run out of its existing cash by the end of the year or early next year.

In a regulatory filing, AMC (ticker: AMC) said it “will require additional sources of liquidity or increases in attendance levels. The required amounts of additional liquidity are expected to be material.”

The company has been shoring up its finances since the summer, bracing against a sharp drop in box office sales after coronavirus-related shutdowns earlier this year. While it has managed to reopen 83% of its

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Trump, DeVos raise school choice in appeal to vexed parents

By Gertrude Aziz 1 month ago

As millions of American children start the school year online, the Trump administration is hoping to convert their parents’ frustration and anger into newfound support for school choice policies that Education Secretary Betsy DeVos has long championed but struggled to advance nationally.

DeVos and President Donald Trump have repeatedly invoked school choice as the solution to parents’ woes. If public schools fail to open, they say, parents should get a cut of the district’s federal funding to send their children to private schools or for home schooling, learning pods or other options that have arisen during the coronavirus pandemic.

For Trump, it’s seen as a potential lifeline to Black and Hispanic voters, who are more likely to support vouchers and other school choice options, polls have found. Speaking at the White House in July, Trump declared that “there is nothing that the African American community wants more than school choice.”

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How Raise Helps Consumers Save Money And Earn Rewards

By Gertrude Aziz 2 months ago

Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020.” data-reactid=”19″Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020.

About Raise

In many homes are drawers filled with unused gift cards. The problem with unused gift cards: consumers waste millions.

Founded in 2010, Raise is a fintech specializing in payments. The company offers consumers a marketplace where they can buy and sell unwanted gift cards, as well as a contactless method to pay for everyday purchases in-store or online.

Product Portfolio

The company’s core offering consists of the Raise and Slide.

“We have the

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State legislative candidates raise record sums online

By Gertrude Aziz 2 months ago

Aimy Steele says she’s still in shock. The Democratic candidate was always determined to raise more money this election than she did in 2018, when her unsuccessful campaign collected less than $100,000 running for a state House seat outside of Charlotte, N.C.

But in 2020, the former school principal began experiencing a greater financial windfall from online donors than she had ever imagined possible. Steele brought in more than $150,000 through the online fundraising platform ActBlue since January alone, part of a fundraising haul of about $300,000 total.

“It was beyond surprising and absolutely shocking,” Steele said in an interview. “Like, I literally still pinch myself when I look at these numbers.”

Most Democrats associate prodigious online fundraising totals with their presidential and congressional candidates, many of whom boast national profiles. But the party’s massive surge of digital contributions has also reached lesser-known state legislative candidates like Steele, according to

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Raffles To Raise Money For Scholarships

By Gertrude Aziz 2 months ago

HAVRE DE GRACE, MD — This week the Havre de Grace Art Show is going virtual. For 2020, the event sponsored by Soroptimist International of Havre de Grace plans to showcase artists online.

Traditionally, the art show has brought artists, food vendors and entertainers in addition to thousands of visitors to Tydings Park.

Due to the coronavirus pandemic, the show’s organizers decided the summer event would not be possible in its traditional form.

In addition to showcasing local art, the Havre de Grace Art Show, now in its 57th year, enables Soroptimist International of Havre de Grace to raise money for college scholarships. In an attempt to deliver on that promise and to help exhibitors, art show organizers say they have been working on a virtual solution since late May.

This weekend the Havre de Grace Art Show plans to feature artists, entertainers, food vendors and local businesses on its

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Raffles To Raise Money For Scholarsships

By Gertrude Aziz 2 months ago

HAVRE DE GRACE, MD — This week the Havre de Grace Art Show is going virtual. For 2020, the event sponsored by Soroptimist International of Havre de Grace plans to showcase artists online.

Traditionally, the art show has brought artists, food vendors and entertainers in addition to thousands of visitors to Tydings Park.

Due to the coronavirus pandemic, the show’s organizers decided the summer event would not be possible in its traditional form.

The Havre de Grace Art Show, which is in its 57th year, raises money for college scholarships. In an attempt to deliver on that promise and to help exhibitors, art show organizers say they have been working on the virtual event since late May.

Several vendors have donated items that art show organizers will be raffling off in the next several days.

“There has been just an outpouring of generosity from our exhibitors and local businesses,” Havre

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Takeaway ‘blonde shampoo menu’ goes on Deliveroo to raise money for charity

By Gertrude Aziz 3 months ago

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During the three months in lockdown, it’s fair to say that ‘bottle blondes’ will have suffered the most, as hair that’s been lightened with peroxide is more porous and prone to damage and colour fade than brunettes. Which may go some way to explaining why online searches for ‘blonde hair’ have risen by 700,000 since Covid.

But while hairdressers are booming since reopening, charity donations are dwindling. The Little Princess Trust, which funds the creation of wigs for children who have lost their hair for medical reasons, has seen hair donations drop by 75% since lockdown.

As demand for at-home colour care has continued to soar despite lockdown easing, John Frieda has teamed up with Deliveroo to make purchasing blonde haircare products as easy and quick as ordering a takeaway.  

From 12pm today (for one day only) John Frieda has partnered with Deliveroo to unveil the exclusive John Frieda

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Stanley from ‘The Office’ Is Trying to Raise $300,000 to Make a Spinoff Episode

By Gertrude Aziz 4 months ago

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While NBCUniversal continues to hope for a reboot of “The Office” on the upcoming Peacock streaming platform, a new and unexpected continuation of the beloved sitcom is taking shape online. Leslie David Baker, who starred as Stanley Hudson on all nine seasons of “The Office,” has launched a Kickstarter campaign to help fund a spinoff centered around his character. Baker’s Stanley was a recurring character on the first season of “The Office” before being upped to a series regular for the remaining eight seasons.

Baker’s “Office” spinoff is titled “Uncle Stan: Coming Out of Retirement.” The synopsis for the project reads: “After enjoying his retirement in Florida, carving wood, enjoying the white sand beaches, and dancing to old disco, Uncle Stan (Baker) gets a call from his nephew Lucky in Los Angeles asking for help with his two kids and running his motorcycle/flower

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