Weight loss brand Jenny Craig considers bankruptcy
Published Sun, 29 Dec 2024 12:53:35 GMT
By Rachel Butt and Reshmi Basu | BloombergJenny Craig Inc., the weight-loss services provider backed by H.I.G. Capital, is considering a bankruptcy filing if efforts to find a buyer for its assets fail, according to people with knowledge of the situation.A filing could come as soon as next week, said the people, who asked not to be identified because the talks are private.The struggling diet company remains in months-long discussions with its lenders to re-work roughly $250 million of debt. Miller Buckfire & Co. has been running a sale process on behalf of the company, which has a loan scheduled to mature in October 2024.While the company will likely pursue a liquidation, the talks are fluid and plans could change, the people said.“Like many other companies, we’re currently transitioning from a brick-and-mortar retail business to a customer-friendly, e-commerce driven model. We will have more details to share in the coming weeks as our plans are solidified,” CEO and President Ma...Review: Kane Brown is on top of the country world and pop could be next
Published Sun, 29 Dec 2024 12:53:35 GMT
Kane Brown might end up being the next Taylor Swift.No, that’s not so much a prediction that he’ll someday sell out multiple nights at mammoth football stadiums like Tay-Tay. Although, Brown is headlining this Saturday at Southern California’s giant Stagecoach Festival, so football stadiums could be right around the corner for this rapidly rising star.The more pertinent point to this comparison is that Brown could become the next major pop crossover artist to hail from the country music realm.And, really, he shouldn’t have to change much of his game to accomplish that feat.During his highly anticipated concert at the SAP Center in San Jose on Thursday (April 27), Brown showcased numerous reasons why he’s such an appealing crossover candidate, as the vocalist thrilled the crowd with ample amounts of star power, stage presence and pure talent during the course of 19 songs. Perhaps most significantly, he was able to convincingly and pretty much seamlessly ...California woman jumps out third-story window to escape ‘vicious’ pimp, prosecutors say
Published Sun, 29 Dec 2024 12:53:35 GMT
By KPTV StaffSeattle, Washington (KPTV) — A man has been indicted this week on several charges after a woman made a harrowing escape from him in Seattle.Self-identified “pimp” Winston Cornell Burt, also known as ‘Dice Capone,’ has been federally charged with sex trafficking through force, fraud and coercion, transportation of an adult female for prostitution through coercion and enticement, and two counts of unlawful possession of firearms.Burt, 31, is accused of taking the 20-year-old victim from her home in California to traffick her for sex in Seattle, according to court documents obtained by FOX 13 Seattle.Prior to his arrest on November 6, 2022, court documents stated that Burt would kick, punch, and pistol-whip the victim if she expressed a desire to stop working for him.One night, the woman tried to flee out the front door of an Airbnb where she, Burt, and other women were living, but Burt scooped her up and pushed her to the ground, according to the court documents.Fea...Neighbor dispute in Oakland leaves one shot, one stabbed
Published Sun, 29 Dec 2024 12:53:35 GMT
OAKLAND — A neighborhood dispute Thursday night in the Upper Dimond district led to a 22-year-old man stabbing his 25-year-old neighbor before the knife wielder was shot by another person, authorities said.Both men were in stable condition Friday and police were seeking the gunman.The violence happened about 11:20 p.m. Thursday outside in the 3800 block of Midvale Avenue near 35th Avenue.Police said two neighbors had been in a dispute that escalated physically and violently. Police have not confirmed what the dispute was about or how long it had been going on.Related ArticlesCrime and Public Safety | East Bay carjacking suspect adds to long list of trouble with second arrest in two days Crime and Public Safety | San Jose teen, man shot while driving in Oakland Crime and Public Safety | Two men arrested in East Bay parking-lot shooting Crime and Public Safety | Police seek suspect who left unexploded firework on East Ba...Former tech CEO lied about financials during funding rounds: plea deal
Published Sun, 29 Dec 2024 12:53:35 GMT
(KRON) -- A former Silicon Valley tech CEO pleaded guilty to presenting false financial information to potential investors while raising money for his Silicon Valley-based startup HeadSpin, pursuant to a plea deal. HeadSpin is a data science-driven platform that helps businesses identify user experience issues and improve user engagement and app performance.Manish Lachwani, 41, of Los Altos, founded HeadSpin in 2015 as Chief Executive Officer. During his time as CEO from 2017 to 2020, Lachwani lied to potential investors about company finances that lead to a valuation of $1.1 billion, according to court documents. Lachwani pleaded guilty to fraud as part of a deal with the U.S. District Attorney's Office of Northern California. Antioch man arrested Thursday for 5th time this year Lachwani admitted providing inflated annual recurring revenue to investors including subscription fees from potential customers who had not agreed to pay, funds from customers who had stopped using HeadSp...11-year-old girl reported missing in Oakland found safe
Published Sun, 29 Dec 2024 12:53:35 GMT
(KRON) -- An 11-year-old girl who was reported missing in Oakland on Thursday has been found safe, according to the Oakland Police Department. Guadalupe Barrientos-Delgado had last been seen on Thursday, April 27 around 12:45 p.m. and was considered at risk due to her age. SFFD divers searching for person in the water off Embarcadero Guadalupe was last seen in the 2300 block of East 15th Street and was wearing a pink tank top, blue jeans and possibly a gray hooded sweatshirt with a pink logo, police said. She's described as an 11-year-old girl who is 5 feet tall, weighs 150 pounds and has brown hair and eyes. Police on Friday morning said that Guadalupe had been found safe but did not elaborate on when and where she was located.Bay City News contributed to this report.Tech-rooted groups seek to shake up San Francisco politics
Published Sun, 29 Dec 2024 12:53:35 GMT
SAN FRANCISCO (AP) — The tech entrepreneurs who flocked to San Francisco two decades ago bringing jobs and wealth, and also soaring housing prices and gentrification, are becoming a rising political force in a city they say is woefully off track.They are forming advocacy organizations — among them Together SF, Abundant SF and Grow SF — to pressure officials to tackle soaring housing costs, public drug dealing and other woes exacerbated by the COVID-19 pandemic.While the organizations differ in their priorities, they all say a small group of power brokers, many of them progressives, have prevented the city from solving some of its most pressing issues. The groups are highlighting fissures among Democrats in this liberal stronghold that has struggled to rebound from the pandemic.“In San Francisco there’s a lot of political ideology that holds people back from working together for the things that they actually agree on,” said Kanishka Cheng, who co-founded TogetherSF in 2020 with billi...Leclerc beats Verstappen to pole for Azerbaijan Grand Prix
Published Sun, 29 Dec 2024 12:53:35 GMT
BAKU, Azerbaijan (AP) — Charles Leclerc and Ferrari can start to hope again.Tenth in the standings and with only a seventh-place finish to his name this season, Leclerc edged past Max Verstappen in qualifying for the Azerbaijan Grand Prix on Friday to end Red Bull’s streak of pole positions in Formula One this season.That followed a tough start to 2023 for Ferrari and particularly for Leclerc, who swiftly saw his chances of challenging Verstappen for the title recede, with reliability issues and a car that was frequently the fourth-fastest in the pack behind Red Bull, Aston Martin and Mercedes.Leclerc and Verstappen had the exact same time midway through the final session of qualifying before both improved on their final runs, with Leclerc going faster by 0.188 seconds in his Ferrari to take pole in Baku for the third year in a row.“For sure I’m surprised. We came into the weekend thinking that it would be a great weekend if we are in front of Aston (Martin) and Mercedes...In Lebanon, Iran FM visits Israel border, extolls Hezbollah
Published Sun, 29 Dec 2024 12:53:35 GMT
BEIRUT (AP) — Iran’s top diplomat visited Lebanon’s border with Israel on Friday where he expressed support for the Lebanese militant Hezbollah group in its struggle against their common enemy: Israel.Foreign Minister Hossein Amirabdollahian began his visit to Lebanon since Wednesday, meeting top officials and expressing Tehran’s readiness to help build power stations in an effort to try to end the Mediterranean country’s prevailing electricity crisis.Lebanon is in the throes of the worst economic crisis in its modern history, rooted in decades of corruption and mismanagement by the small nation’s ruling class. The crisis erupted in October 2019 and has plunged three quarters of Lebanon’s 6 million people, including 1 million Syrian refugees, into poverty.Amirabdollahian visit to the border village of Maroun al-Ras came three weeks after Israel launched rare strikes into southern Lebanon, hours after militants fired nearly three dozen rockets from there at Israel, wounding two peopl...Smokey Robinson turns seductive with new album ‘Gasms’
Published Sun, 29 Dec 2024 12:53:35 GMT
NEW YORK (AP) — When Smokey Robinson started dating his-now wife more than 20 years ago, she didn’t want people to know about it. Robinson and Frances Glandney, who married in 2002, were part of a group of longtime pals and she knew they’d start gossipping about her and the legendary singer-songwriter. “When we first started started seeing each other, she wanted to keep it on the down-low. She didn’t want anybody to know because we were friends. And then all our friends were going to be talking about us,” Robinson said.Naturally, that became fodder for a song — “I Keep Calling.” Robinson has been holding onto it for years — complete with the lyrics “Simple things like touching in public/Private touches goin’ unseen” — until this month when it appears on his “Gasms” album, his first collection in almost a decade.“Gasms” finds the 83-year-old in a frisky mood, with the Motown icon writing a collection for the bedroom, with yearning across its nine tracks. Just a few titles...Latest news
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