Candidate interviews: As the search for the new superintendent of East Baton Rouge Parish schools moves forward, it’s been decided that the next series of interviews will take place virtually and in private, WBRZ-TV reports. The five leading candidates will sit down for virtual interviews today, Tuesday and Wednesday. Read the full story.
Debt restructured: J.Crew Group Inc., the preppy U.S. retailer that recently fell on hard times, this morning filed for bankruptcy protection, as several high-profile companies in the U.S. battle with the economic and financial impact of the coronavirus pandemic, The Wall Street Journal reports. The retailer said it has reached an agreement with its lenders to restructure its debt, under which the lenders have agreed to convert $1.65 billion of J.Crew’s debt into equity. Read the full story.
Amtrak funding: Plans to restore passenger train service along the Gulf Coast are getting a big boost. Members of Congress from Mississippi announced Friday that the Federal Railroad Administration had awarded just under $5.5 million to support operating costs for the first three years of the Amtrak service. It stopped after Hurricane Katrina damaged tracks in 2005. Read the full story.
