Home » Archive by Author

Articles by Paul Riegler

Seinfeld, Senator Schumer, and Broadway League Rally to ‘Save Our Stages’

Theaters in much of the United States have been dark since mid March and many theater owners fear they may never be able to reopen.
Meanwhile, the aptly-named Save Our Stages Act, a bi-partisan bill introduced earlier in the summer by Senators Amy Klobuchar, a Democrat, and John Cornyn, a Republican, would provide six months of Small Business Administration grants to live music venue operators who have been devastated by the …

European Cities Tighten Restrictions Amidst Covid-19 Surges

European Cities Tighten Restrictions Amidst Covid-19 Surges

Multiple cities in Europe have begun to tighten coronavirus-related restrictions as the British government mulls a second nationwide lockdown.
The restrictions are a result of surges in new Covid-19 cases in countries from Denmark to Greece to Iceland.
U.K. Prime Minister Boris Johnson said late last week that a second wave of infections appeared to be inevitable and that the Government needed to introduce new restrictions to avoid a possible second national …

Smoke from Deadly West Coast Wildfires Reaches as Far East as New York City

Smoke from Deadly West Coast Wildfires Reaches as Far East as New York City

Some of the smoke from the deadly wildfires in the western part of the United States has made it to the other side of the country, as far east as New York City, where it is widespread haze.
“Widespread haze is likely today in NYC, as a plume of wildfire smoke from Western US wildfires moves overhead,” said New York Metro Weather, a community-supported weather service, on Twitter.
The main sign of …

American Airlines May Not Cut Flights to Some Smaller Cities After All

American Airlines May Not Cut Flights to Some Smaller Cities After All

American Airlines said it was taking another look at its plan to discontinue service to two smaller cities, Stillwater, Oklahoma, and Roswell, New Mexico, on Monday.
The airline had announced plans last month to end service to 15 cities including Stillwater and Roswell once the terms of a federal bailout that required the flights expires, citing the pandemic-induced decline in travel.
At the end of August, the airline said it would provisionally …

Review: Radio Swiss Classic Offers Infinite Variety of Composers and Artists

Ten years ago, I reviewed the online broadcaster Radio Swiss Classic in these pages. Given that I have been listening practically nonstop to this station since the start of the pandemic, I thought it was once again time to bring it to our readers’ attention.
Commercial-free Radio Swiss Classic is operated by Swiss Satellite Radio, a division of Switzerland’s public broadcaster, SRG SSR, known in English as the Swiss Broadcasting Corporation.  I’ve …

New York Mets Baseball Team Sold to Investor Steve Cohen for $2.4 Billion

New York Mets Baseball Team Sold to Investor Steve Cohen for $2.4 Billion

The owners of the New York Mets announced that the team would be sold to billionaire investor Steve Cohen, who will become only the fourth controlling owner of the beloved franchise since its inception in 1962.
The price tag, $2.4 to $2.45 billion, is a record for a sports team. The previous record was $2.275 billion for the Carolina Panthers, an American football team, purchased by another hedge fund billionaire, David …

Delta to Raise $6.5 Billion Backed by its SkyMiles Frequent-Flyer Program

Delta to Raise $6.5 Billion Backed by its SkyMiles Frequent-Flyer Program

Delta Air Lines said it plans to issue a private-note offering to raise $6.5 billion backed by its SkyMiles frequent-flyer program.
The move makes Delta the third carrier to leverage its frequent-flyer program to raise cash.
Airlines have been bleeding cash amidst the pandemic-induced downturn in travel and Delta is burning through $27 million a day, its chief financial officer, Paul Jacobson, said, last week.
The notes will be issued by Delta and …