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Edgard Garrido/Reuters
Months before the irrational trading in GameStop Corp, there was Hertz Global Holdings Inc.
Operating under bankruptcy protection last spring once the COVID-19 pandemic wiped out its business, the car-rental giant confronted an extraordinary situation: Its stock price was skyrocketing for no apparent reason.
Conversations at the time among Hertz management and directors on its board, reported here for the first time, turned from shock to a vigorous debate about whether the company should capitalize on its unexpected good fortune and sell shares to fund itself during bankruptcy proceedings, according to three people familiar with t
(Andrey Popov/iStock)
A meeting on Jan. 29 between Pope Francis and members of the Roman Rota, the Vatican’s highest judicial tribunal, raised an issue that Francis has returned to several times in his pontificate: annulment reform. The pope said that since 2015, when he tried to streamline the annulment process and make it less costly, he has received “much resistance” to his reforms.
“Almost all of them were lawyers who were losing clients. And therein lies the problem of money,” said Pope Francis. “In Spain, there is a saying, ‘
Por la plata baila el mono’ ‘Monkeys will dance for money.’” (Now filed under: “Things no other pope would ever say.”)
U.S. Sens. Michael Bennet and John Hickenlooper have recommended the White House nominate Regina M. Rodriguez to be a federal district judge in Colorado, and have presented six candidates for the positions of U.S. Attorney and U.S. Marshal, including the city attorney of Denver and two county sheriffs.
âThese positions are vital to ensuring we have a fair criminal justice and judicial system that protects public safety, promotes equity, and upholds the rule of law,â wrote Hickenlooper and Bennet to President Joe Biden on Wednesday. âWe believe that this diverse group of attorneys and law enforcement officials represent some of the most thoughtful, dynamic, and hard-working leaders in our state. Weâre confident that theyâll serve the people of Colorado with humility and integrity.â
The Salvation Army Welcomes New Board Members, Chairman Tuesday, February 2, 2021
John “Tripp” Thurston
The Salvation Army’s Chattanooga Area Command is welcoming a new board chairman and five board members who will support the organization’s longstanding mission of Doing the Most Good for Chattanooga’s most vulnerable neighbors. Greg Love, a current board member, has been elected chairman while Caleb Bowman, Ryan Marshall, Barbara Marter, Catina Parrish and John “Tripp” Thurston have joined the board to help guide the nonprofit’s service.
“I am humbled by the talented people on our board who freely give their time to support our mission in Chattanooga and help us provide key services for underserved individuals,” said Major Mark Smith of the Chattanooga Area Command. “Our new board members are fantastic and well-rounded additions to this group, and I am thrilled to serve alongside them.”