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Maui Economy, 6 Months After Wildfire, Is Still Reeling
Posted inDisasters and Emergencies Economic Conditions and Trends Evacuations and Evacuees Lahaina (Hawaii) Maui (Hawaii) Shutdowns (Institutional) Small Business Small Business Administration Wildfires

Maui Economy, 6 Months After Wildfire, Is Still Reeling

Six months after the Maui wildfire, hundreds of businesses remain closed, and questions linger about how much a local economy should rely on tourism.
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Posted by By Kurtis Lee and Brendan George Ko
The Eugene Weekly Will Resume Printing After Embezzlement Discovery
Posted inEmbezzlement Eugene (Ore) Eugene Weekly, The Layoffs and Job Reductions Newspapers Oregon Shutdowns (Institutional) Small Business

The Eugene Weekly Will Resume Printing After Embezzlement Discovery

The Eugene Weekly was forced to lay off all 10 of its staff members last month after it discovered tens of thousands of dollars in unpaid bills.
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Posted by By Livia Albeck-Ripka
Met Opera Taps Its Endowment Again to Weather Downturn
Posted inBoston Consulting Group Box Office Sales Coronavirus (2019-nCoV) Endowments Finances Gelb, Peter Metropolitan Opera Opera Philanthropy Shutdowns (Institutional)

Met Opera Taps Its Endowment Again to Weather Downturn

The company has withdrawn nearly $40 million in additional funds from its endowment to cover expenses, but sees signs it may be emerging from its post-pandemic woes.
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Posted by By Javier C. Hernandez
Why China Has Lost Interest in Hollywood Movies
Posted inBox Office Sales China Douyin (ByteDance) Foreign Investments Movies Paramount Pictures Politics and Government Shutdowns (Institutional) Social Media Warner Brothers

Why China Has Lost Interest in Hollywood Movies

No American films ranked among the 10 highest grossing in China last year as viewers who once flocked to foreign blockbusters continued to disappear.
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Posted by By Claire Fu Brooks Barnes and Daisuke Wakabayashi

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