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Added on the 02/03/2016 21:44:27 - Copyright : Reuters EN
The National Rifle Association of America (NRA) has filed for voluntary bankruptcy in Texas. The nation's foremost gun lobby confirmed the announcement on Friday. According to CNN, the organization said it plans to leave New York and reincorporate as a Texas nonprofit. The NRA is calling the rebranding effort "Project Freedom." The group said it's in its "strongest financial condition in years," but the restructuring will help to "streamline costs and expenses." The Chapter 11 announcement follows allegations of financial mismanagement at the NRA in recent years.
Jonathan Ernst/Reuters The NRA says it filed for Chapter 11 bankruptcy on Friday. The organization has been beset by financial troubles for years. The NRA is also relocating from New York to Florida where it will register as a nonprofit. The National Rifle Association has filed for Chapter 11 bankruptcy, the group said in a statement Friday. Internal financial documents showed that it increased spending over revenue and it ran a deficit for several years, including a gap of $10.8 million in 2018.
Guitar Center is the largest musical instrument retailer in the US. On Saturday, the company announced Saturday it was entering the Chapter 11 restructuring process, during which it'll stay in business. Guitar Center said it expects to finish up the process by the end of the year. Guitar Center has felt the negative impacts of consumers' increasing reliance on e-commerce, like many other physical retailers. The company may be forced closures of many of its stores during the coronavirus pandemic.
Inter Milan players and staff ride on open-top buses, surrounded by clouds of blue smoke and a crowd of supporters after the club's first home game since clinching the Serie A title. The Nerazzurri beat city rivals AC Milan last week to seal the Scudetto -- the club's 20th -- with five league games remaining. IMAGES
Speed is synonymous with super sports cars, and every Lamborghini delivers benchmark VMAX figures. In motorsport as well as in road cars, speed is a reference, but Chief Technical Officer for Automobili Lamborghini Dr. Ing. Rouven Mohr and racing driver Andrea Caldarelli distinguish achieving those top digits as just one facet of the greater performance.In the video ‘Beyond Speed: Emotion Outside of Numbers’, they explore the technical commitment and human input that delivers not only thrilling acceleration and kilometers per hour but the more powerful and emotional driver that is performance.
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