Alden Global Capital
Coverage of Alden Global Capital in the Nexus archive.
- Baltimore Sun owner threatens to sue Moore over Epstein comments
The owner of The Baltimore Sun is threatening to sue Maryland Gov. Wes Moore over comments linking him to Jeffrey Epstein. Moore's lawyer defended the claims as true, citing Epstein's investments in Sinclair when David Smith was CEO, while Smith's lawyer demanded a retraction and document preservation. The dispute is part of an ongoing conflict between the newspaper and Moore's administration, including investigations into Moore's military record.
- City Gives Final OK To Buy Greyhound Bus Station
Chicago City Council approved the purchase of the Greyhound bus station at 630 W. Harrison St. for $19.2 million, expanding the Canal/Congress TIF district to fund the acquisition and future improvements. The 38-10 vote followed debates over city finances and transportation access, with some alderpeople opposing the purchase due to budget concerns while others emphasized the need for affordable transit options.
- Chicago Plans $19.2 Million Purchase Of Greyhound Station To Save Bus Service
Chicago plans to purchase the Greyhound bus station at 630 W. Harrison St. for $19.2 million to preserve intercity bus service. The city aims to prevent the terminal's closure, which could displace travelers and remove Chicago as one of the few large cities without an intercity bus terminal.