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The parent company of New York Sports Club and several other fitness club chains has filed for bankruptcy protection as the COVID-19 pandemic continues to wreak havoc with its operations.In a statement released Monday, Town Sports International — which also owns Boston Sports Clubs, Lucille Roberts, and several other fitness brands — said it agreed to voluntarily file for Chapter 11 Bankruptcy protection.The company added that the filing was made to simply restructure debt and that it does not plan to go out of business. In a message to employees, the company said it does not expect any changes to day-to-day operations or compensation and benefits.CNN reports that the company laid off "much" of its 7,000-person workforce earlier this year to preserve cash.Bloomberg reported Friday that Town Sports International was on the verge of filing for bankruptcy after talks of an million capital injection from Kennedy Lewis Investment Management fell through.Fitness clubs and gyms have taken a huge hit amid the pandemic, as the CDC continues to recommend against congregating indoors when possible. Sales of home fitness equipment have soared, and Americans have taken up other healthy outdoor habits like biking while restrictions keep some gyms closed. 1272
The House ways and means committee began its work Monday on a massive tax overhaul, but the day quickly devolved into a partisan food fight, with Democrats claiming Republicans were rushing their bill in an effort to score political points.Just minutes into the hearing, Democrats tried to postpone the mark-up all together arguing that the parties had not had enough time to properly digest the 429-page bill?that was just introduced last week and hadn't been the focus of committee hearings."This bill needs some vetting," Rep. Lloyd Doggett, a Democrat from Texas, said. "In the President's words, it needs extreme vetting." 640
The political ramifications of Ruth Bader Ginsburg’s death on Friday will likely ripple into November and beyond.Her death coming in the final two months of the 2020 presidential election will bring up considerable questions on who will replace her, especially given the divided nature of the Supreme Court.The court, which has seen its share of 5-4 decisions in recent years, could become a reliably conservative court for years to come if President Donald Trump is able to push through a nominee leading up to the election.Currently the court holds five Republican-appointed justices and three Democratic-appointed justice, but Chief Justice John Roberts, appointed by George W. Bush, has sometimes been a swing vote, siding with the liberals.But one person who is opposing a last-minute appointment to the bench was apparently Ginsburg herself.Dictating a statement to family that was released to NPR, Ginsburg said, “My most fervent wish is that I will not be replaced until a new president is installed.”In 2016, conservative Justice Antonin Scalia's death came nine months before the presidential election, and became a focal point of that year's election. President Barack Obama attempted to fill the seat, but Republicans in the Senate blocked the appointment.Senate Minority Leader Chuck Schumer reminded Senate Majority Leader Mitch McConnell on Friday of that fact.“The American people should have a voice in the selection of their next Supreme Court Justice. Therefore, this vacancy should not be filled until we have a new president,” Schumer tweeted, which were the exact words used by McConnell in 2016.On Friday, McConnell confirmed that a potential nominee would get a vote in the Senate, but there are questions on whether a potential nominee would have enough support to be confirmed. "President Trump’s nominee will receive a vote on the floor of the United States Senate," McConnell said. McConnell said this situation is different because Republicans control the White House. "Americans reelected our majority in 2016 and expanded it in 2018 because we pledged to work with President Trump and support his agenda, particularly his outstanding appointments to the federal judiciary. Once again, we will keep our promise," McConnell said.Just last week, Trump released a list of potential Supreme Court nominees. That list can be seen here.Joe Biden agreed with Schumer. "The voters should pick a President, and that President should select a successor to Justice Ginsburg," Biden said. "This was the position that the Republican Senate took in 2016, when there were nearly nine months before the election. That is the position the United States Senate must take now, when the election is less than two months away. We are talking about the Constitution and the Supreme Court. That institution should not be subject to politics."HOW A SUPREME COURT JUSTICE IS CONFIRMED- The president nominates a replacement to be vetted by the Supreme Court.- After vetting the nominee, the Senate may take a vote to accept the nomination. The vote nomination must have 51 votes in order to pass. If there is a tie, the vice president can vote to break a tie.- There are 53 Republicans in the US Senate. It would take four Republicans to vote in opposition in order for a potential nominee not to be approved. 3322
The NBA's two biggest superstars will face off in the NBA Finals again. But the pairing of LeBron James and Steph Curry is not the hottest ticket in sports.That honor goes to the Stanley Cup Final, which pits the Vegas Golden Knights expansion team against the Washington Capitals. Tickets for the final are the most expensive ever recorded, averaging ,983 for the series, according to TicketIQ, which has tracked tickets since 2011.In just their first year of existence, the Golden Knights are creating tremendous buzz.The team opened the best-of-7 series with a Game 1 victory.The Knights are new and unexpected, and the Capitals have never won a Stanley Cup, which is generating excitement as well.The Cleveland Cavaliers and Golden State Warriors, on the other hand, are meeting for their fourth consecutive NBA championship series starting Thursday. The story lines seem familiar. The average price for a "get in" ticket — a metric ticket sites use to aggregate the cheapest prices — to any of the NBA Finals games cost 0. That's the lowest they've been in the past four years.The average cost of all tickets to the NBA championship — which includes more than just "get in" pricing — increased from last year and is the second highest since 2011, according to TicketIQ. The rise in average can be attributed to an increase in some of the seat prices at Oracle Arena where the Warriors play. TicketIQ founder Jesse Lawrence said demand is also up because the Warriors are expected to win in four games.Stanley Cup Final tickets tend to be more expensive than NBA Finals tickets. But this year has been unprecedented for the Cup. Not only is the average price for all tickets higher than ever before, but across the series, the average cost of the cheapest tickets is also up more than 0 from last year.For Game 5, which won't happen if there's a sweep, the lowest prices on TicketIQ are over ,100 for the Stanley Cup Final and around 0 for the NBA Finals . On Ticketmaster and StubHub, NHL tickets are priced at over 0 and NBA seats are around 0. 2122
The oldest American survivor of the Japanese air attack on Pearl Harbor has died. Ray Chavez was 106.Gary Bobileff of the Spirit of Freedom Foundation told 10News, "He was a humble man and he was truly a patriot."Seaman first class Ray Chavez was assigned to the Navy minesweeper U.S.S. Condor; it was on continuous duty for the next nine days in the waters around Pearl Harbor. Bobileff described his focus as two-fold."Number one; love of country; that is of paramount important. Number two: Be strong, be bold, be brave."Chavez has often attended commemorative events in San Diego and in Hawaii. A few months ago Ray Chavez was invited to the White House."The president acknowledged him, shook hands."Richard Rovsek, also from the Spirit of Liberty Foundation of Rancho Santa Fe, recalls the moment."It was very emotional; the president was charming as he can be. Ray announced he did not vote for him, by the way."The White House tweeted about the loss Wednesday. 993