Thursday, 18 Apr 2024

Casa Bonita, Famed Denver Restaurant Depicted In ‘South Park’, Files For Bankruptcy

S&P Dow Jones Indices removes Adani Ports from sustainability index

FILE PHOTO: Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in Ahmedabad, India, April 2, 2014. REUTERS/Amit Dave/File Photo

MELBOURNE (Reuters) – S&P Dow Jones Indices said on Tuesday it has removed India’s Adani Ports and Special Economic Zone Ltd from its sustainability index due to its relationship with Myanmar’s military and their alleged human rights abuses.

The changes will be made to the index prior to the open on Thursday, April 15, it said in a statement.

UK variant of COVID-19 does not cause more severe disease: The Lancet

FILE PHOTO: The word “COVID-19” is reflected in a drop on a syringe needle in this illustration taken November 9, 2020. REUTERS/Dado Ruvic/Illustration

(Reuters) – A highly contagious variant of COVID-19 first identified in Britain does not cause more severe disease, according to a new study published in the medical journal The Lancet on Monday.

Opinion | The Biden Boom Is Already Wild

When lots of money is sloshing around, culture changes.

By Michelle Goldberg

Opinion Columnist

Opinion: Chiefs must be transparent about Britt Reid as he’s charged with DWI in crash that left a child with brain injuries

Since Britt Reid’s drunk driving accident in Kansas City that left a 5-year-old girl with serious brain injuries — just days before the team that employed him played in the Super Bowl — the Chiefs’ public posture about the incident has been notably passive.

Besides canned statements of support for Ariel Young at every development in the case and an acknowledgment that Reid, the son of head coach Andy Reid, was no longer employed as a Chiefs assistant coach, there hasn’t been much transparency from the team about what it has learned from the night of the crash. 

That needs to change — and soon.

On Monday, Reid was charged with driving while intoxicated, a felony that could potentially imprison him for up to seven years. Now that more details have emerged from the investigation, a civil lawsuit also seems likely as Ariel Young still cannot talk, walk or eat and could face medical complications for the rest of her life. According to the family’s attorney, she was sent home from the hospital earlier this month in hopes that familiar surroundings would help her recover.

Cathie Wood\u2019s ARK Invest Buys Over 460,000 Shares of DraftKings

A couple of the ARK exchange-traded funds run by ETF star Cathie Wood made huge purchases on Monday. Accordingly these funds bought over 460,000 shares of DraftKings Inc. (NASDAQ: DKNG) shares on Monday, as the price of these ETFs lost less than 1% on Monday. Note that these ETFs are still up over 100% in the last year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 431,100 shares of DraftKings, while ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 30,100 shares. At Monday’s closing price this would have valued this purchase at roughly $26.8 million. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 163% in the last year, and ARKW is up 177%.

24/7 Wall St. recently reported on DraftKings:

DraftKings Inc. (NASDAQ: DKNG) was one of the first companies to come public that serviced online sports betting and gambling. A number of companies are looking to take a piece of this pie, but DraftKings was one of the first, and largest, on the scene.

During March, ARK Invest bought roughly 2.54 million shares of DraftKings, with the largest single-day purchase totaling just under a million shares. The stock closed out the week near $63, valuing the shares purchased in March up to about $159 million.

Catherine Wood, the CEO and CIO of ARK Investment Management LLC is a minority and non-voting shareholder of 24/7 Wall St., LLC, owner of 247wallst.com.

Casa Bonita, Famed Denver Restaurant Depicted In ‘South Park’, Files For Bankruptcy

Casa Bonita, the beloved Denver restaurant featured in a 2003 episode of South Park, has filed for bankruptcy, according to documents reviewed by Colorado’s 9news.

The Mexican restaurant was compelled to shut its doors in March of 2020, following the outbreak of the Covid-19 pandemic—and since then, it has remained closed.

In the South Park episode written and directed by the show’s co-creator Trey Parker, Casa Bonita hosts the birthday of Kyle (co-creator Matt Stone), as Cartman (Parker) tries to coordinate Butters’ disappearance. Both Parker and Stone grew up in Colorado, and are said to have based the episode on their memories of going to Casa Bonita as kids.

Serving the Denver area for 46 years, Casa Bonita is also known for its 30-foot waterfall, arcade and inviting atmosphere.

Casa Bonita’s owners, Summit Family Restaurants, reportedly filed for Chapter 11 on April 6, meaning that they are allowed to propose a plan of financial restructuring and reorganization, in order to keep their business afloat.

While the restaurant’s website says that it will be “re-opening soon,” some of its patrons have expressed their doubts, creating a GoFundMe page to make sure that the “cultural and historic icon” and “vibrant piece of the Colorado landscape” doesn’t disappear. Created by Andrew Novick, the “SAVE CASA BONITA” campaign has thus brought in $17,590 of its $100,000 goal.

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