LONDON (Reuters) - The cost of insuring debt issued by Thomas Cook TCG.L against default hit a record high and its bonds tumbled on Tuesday, as worries about the travel company’s borrowings deepened following its second profit warning in as many months last week. FILE PHOTO: The Thomas Cook logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/File Photo The world’s oldest tour operator said last week it was not in breach of its banking agreements, its lenders remained supportive and it had enough breathing space to handle the debt. The British company, which employs more than 21,000 people, declined to comment on Tuesday. Last week, Thomas Cook cut its profit guidance and suspended its dividend, blaming a summer heatwave that swept northern Europe for deterring people from going on holiday. The company’s five-year credit default swap TCG5YEUAM=MG, reflecting the cost of protecting against a default on its debt, jumped 73 … [Read more...] about Thomas Cook debt-holders scramble for protection against default
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Governor Ron DeSantis Reinstates Hallandale Beach Mayor Joy Cooper
MIAMI (CBSMiami) – Joy Cooper is back on the job as Hallandale Beach’s mayor. Governor Rick DeSantis officially issued her reinstatement after he acquittal on corruption charges on November 26th. On Thursday, the city issued a statement on the reinstatement. “Earlier today, the City received the Executive Order from the Governor’s Office reinstating Mayor Joy Cooper to her elected position. According to City Charter, the reinstatement provides for Mayor Cooper to complete the rest of her term until November 2020. The City wishes to thank outgoing Mayor Joy Adams for her service.” Read: Gov. DeSantis Executive Order Reinstating Joy Cooper Former Governor Rick Scott suspended Cooper from office on January 26th, 2018 following her indictment on six counts of corruption. Cooper was arrested in January of 2018 as part of an undercover FBI sting operation, charged with soliciting and accepting $5,000 in illegal campaign contributions. During her trial, the … [Read more...] about Governor Ron DeSantis Reinstates Hallandale Beach Mayor Joy Cooper
Francesca Reale & Jaboukie Young-White Star In ‘Dating in New York’; Terry Moore, Isabella Blake-Thomas Topline ‘Evie Rose’
Francesca Reale (Stranger Things, Haters Back Off), Jaboukie Young-White (The Daily Show, Someone Great), Catherine Cohen (High Maintenance), and Brian Muller (The Deuce) star in Dating in New York, an indie comedy from first-time feature helmer Jonah Feingold. Set in New York, the film explores modern dating tropes such as ghosting, orbiting, and profound concepts like an “I miss you” text. Jerry Ferrara (Entourage, Power), Arturo Castro (Alternatino, Lady and Tramp), Taylor Hill (Broken Heart Gallery), Alex Moffat (SNL), Eva Victor (Comedy Central), and Yedoye Travis (Comedy Central) co-star. The story centers on Wendy and Milo (Reale and Young-White) who, both packing their own emotional baggage (literally), are thrown together to help navigate the city and each other’s dating lives. Their L-Train fueled-quest for love ultimately begs the question: can ‘happily ever after’ truly exist in the age of read receipts? Joaquin Acrich produced the pic with … [Read more...] about Francesca Reale & Jaboukie Young-White Star In ‘Dating in New York’; Terry Moore, Isabella Blake-Thomas Topline ‘Evie Rose’
How a 1960s beach shack has been sympathetically updated
The owners of this 1960s home adored the craftsmanship and location of their beach shack, near Portsea’s Shelly Beach, but needed more space for their kids and some creature comforts. “It was your typical beach shack from the ’60s, with timber weatherboards,” recalled architect Berit Barton, of Pleysier Perkins, hired to reinvent the home. “There were lots of creams and yellows throughout and it was quite dated.” Ms Barton was impressed, however, with the home’s strong mid-century features: white timber windows, the old textured ceiling and the internal wiggly steel beam. “The level of craftsmanship was wonderful, too,” she said. “We had textures to work with, and there was an existing brick chimney fireplace that produced a roaring fire. The owners just wanted to freshen up the home, rethink the kitchen and connection to the outdoors and create a new living space.” The home, post-renovation. The fireplace and wiggly … [Read more...] about How a 1960s beach shack has been sympathetically updated
Apple’s Tim Cook said the strangest thing and I keep wondering why
I want to be everything to you. I really do. Made in China It's more than a giant factory for Apple and HP Are Chinese products simply imitations of what is produced in Japan and Korea? Or is the country creating its own unique designs and brand identity? Read More I realize, however, that I can't be because I don't know enough about, oh, Marvel movies, coding and the alluiring softness of Allbirds. So I accept my failings and hope you'll be good with that. I'm not so sure Tim Cook feels the same way.You see, he just gave an interview to the Nikkei Asian Review in which he said one of those things that sound benign, until you realize what's being said.Cook was addressing the notion -- promulgated by sniffy regulators -- that Apple's App Store operation doesn't take kindly to, well, anything that competes with Apple. He offered this philosophical thought: "A monopoly by itself isn't bad if it's not abused." Neither, I hear you snort, are cocaine and Major League … [Read more...] about Apple’s Tim Cook said the strangest thing and I keep wondering why
Michael Tilson Thomas, Artistic Director of New World Symphony, Receives Kennedy Center Honor
MIAMI (CBSMiami) – The New World Center is home to the New World Symphony led by Artistic Director Michael Tilson Thomas, a champion for the music world whose impact is now earning him a most prestigious award for the arts. CBS4’s Lisa Petrillo met up with the world-renowned conductor, known to his friends as MTT, in Washington D.C. just hours before he was to receive the prestigious Kennedy Center Honor. Tilson Thomas first wielded the baton as a conductor fifty years ago with the Boston Symphony Orchestra. It happened one fateful night when he was just 24 years old and the main conductor got sick. “He said ‘you put your suit on’ and I went on and conducted the program and here we are today,” Tilson Thomas recalled. He went on to lead the London Symphony and the San Francisco Symphony and since 1988 he’s been Artistic Director and co-founder of Miami’s New World Symphony. We asked him about juggling his time between San Francisco and … [Read more...] about Michael Tilson Thomas, Artistic Director of New World Symphony, Receives Kennedy Center Honor