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Jessica DiNapoli

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Nov 18 2017

Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy

NEW YORK U.S. sneaker seller Shiekh Shoes LLC is searching for financing to avoid bankruptcy, its owner Shiekh Ellahi said on Friday, as increasing online competition has caused major upheaval for brick-and-mortar retail chains. 

Nov 15 2017

Avenue's Lasry discloses stake in Neiman Marcus debt

NEW YORK Marc Lasry, the billionaire co-founder of Avenue Capital Group, said on Wednesday that the firm has invested in some of the approximately $4.8 billion in debt of loss-making luxury department store chain Neiman Marcus Group LTD LLC.

Nov 13 2017

Goldman Sachs marks stake in Weinstein Co down to zero: source

Goldman Sachs Group Inc has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped down last month following sexual assault allegations, a person familiar with the matter said on Monday.

Nov 09 2017

Distressed debt funds turn activist to rescue U.S. energy bets

NEW YORK Distressed debt investors in U.S. oil and gas companies are turning into activist shareholders and pushing for more deals in the sector to boost the value of energy holdings they snapped up during the oil market slump.

Nov 01 2017

U.S. retailer Styles For Less prepares to file for bankruptcy: lawyer

Teen fashion retailer Styles For Less Inc is preparing to file for bankruptcy, a lawyer for the company said on Wednesday, in the latest example of a U.S. brick-and-mortar retailer becoming a casualty of consumers moving more of their shopping online.

Oct 24 2017

MOVES-Former Kirkland bankruptcy lawyer Basta to join Paul Weiss-sources

Oct 24 Former Kirkland & Ellis LLP bankruptcy partner Paul Basta has agreed to join law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, people familiar with the matter said on Tuesday.

Oct 24 2017

Exclusive: Hedge fund Baupost snaps up claims against Toshiba - sources

Hedge fund The Baupost Group LLC has acquired the biggest chunk of a $2.2 billion claim that two South Carolina utilities had against Toshiba Corp following the bankruptcy of its nuclear power subsidiary, people familiar with the matter said on Monday.

Oct 16 2017

Colony Capital injects cash, in talks to buy Weinstein Co

NEW YORK The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after firing co-founder Harvey Weinstein.

Oct 06 2017

Bankrupt U.S. retailers begin to catch a break

An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold. | Video

Sep 27 2017

Exclusive: Blackstone, Apollo team up for Westinghouse bid - sources

Private equity firms Blackstone Group LP and Apollo Global Management LLC have teamed up to bid for the business of bankrupt U.S. nuclear power plant services firm Westinghouse Electric Co, people familiar with the matter said.

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