Vermont’s Jay Peak Emerges From a Cloud of Financial Scandal

Vermont’s Jay Peak Emerges From a Cloud of Financial Scandal

Less than a decade ago, the biggest fraud in ski industry history nearly took down a beloved ski area. But Jay Peak, long known for its powder, has since transformed into a sparkling modern resort.
China’s Country Garden Faces Winding Up Petition In Hong Kong

China’s Country Garden Faces Winding Up Petition In Hong Kong

Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.