Here's what we are reading this morning:
Dine-In Movie Chain Alamo Drafthouse Files for Bankruptcy
Sands to sell its Las Vegas properties for $6.25 billion as it shifts focus to Macao, Singapore
Companies Wrote Down Goodwill Last Year as the Pandemic Took a Toll - WSJ
Detail from Alamo Drafthouse bankruptcy filings: "Approximately 6 of the Company’s 18 theaters are currently operating at 50% mandated seating capacity with less than 20% box office sales at these locations"
Another interesting detail from Alamo Drafthouse bankruptcy filings: two (yes, just two) employees are subject to a collective bargaining agreement entered into in August 2018
Disney to close 20% of Disney Stores as it shifts focus to e-commerce
A Second Power Provider Defaults After Texas Energy Crisis
Valaris Receives Court Approval of Chapter 11 Plan of Reorganization | News | wfmz.com
Current Reports (Form 8-K) Filed With the Securities & Exchange Commission (SEC) Regarding Triggering Events That Accelerate or Increase a Direct Financial Obligation (Item 2.04) for the Week Ended Wednesday Mar 3, 2021