In one corner, we have five former Bank of America Corp. employees who told a federal court they were instructed to mislead customers on the verge of losing their homes and stall their applications for loan modifications.
Six Flags Entertainment Corp., the theme-park operator that emerged from bankruptcy last year, is seeking $1.15 billion of loans to refinance debt, according to a person with knowledge of the transaction.
After years of reining in spending, Aney Salas was ready to spring a bit for her kids to have some fun. So they headed to Knott’s Berry Farm, a 73-year-old amusement park near Los Angeles. The draw, other than nine terrifying roller coasters: annual passes that cost $72 each, payable in six monthly installments of $12.
Consumer confidence fell last week to the lowest level in almost four months and more people than forecast filed claims for unemployment benefits, showing a lack of progress in the job market is rattling Americans.
Blackstone Group LP is leaning toward an initial public offering of SeaWorld Entertainment Inc. after receiving bids from Apollo Global Management LLC and Onex Corp. for the theme-park operator, said people familiar with the matter.