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Year: 2021

Evergrande has defaulted on its debt, Fitch Ratings says

CNN, CNNBUSINESS By Laura He, CNN Business Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings. The credit ratings agency on Thursday downgraded the company and its subsidiaries to “restricted default,” meaning that the firm has failed to meet its financial obligations. Fitch said the downgrade reflects the company’s

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Navy reports contamination at a second water shaft servicing Hawaii base, state officials say

By Tina Burnside and Kelly McCleary, CNN The Navy reported dangerous levels of petroleum contamination in a second groundwater source at Joint Base Pearl Harbor-Hickam in Hawaii on Wednesday, state health officials said, expanding the scope of a tainted water crisis that has already forced hundreds from their homes and reportedly sickened military families. The

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Danes arrest 4 people for leaking classified intelligence

COPENHAGEN, Denmark (AP) — Four people with Denmark’s two intelligence agencies have been arrested on suspicion of “disclosing highly classified information from the intelligence services.” The Danish domestic security agency, known by its Danish acronym PET, said Wednesday the four are current and former employees of the country’s intelligence services.” Denmark’s other intelligence agency is

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NHL’s Arizona Coyotes could be locked out of their home arena starting December 20 if bills aren’t paid

By Travis Caldwell, CNN The Arizona Coyotes of the National Hockey League could potentially be without access to their home arena later this month if delinquent taxes and back rent aren’t paid, according to a letter sent to team ownership from Glendale city manager Kevin Phelps. The Athletic was the first to report this development.

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