financial problems
Coverage of financial problems in the Nexus archive.
- The near-collapsed Midtown building is now stable, but its finances may not be
A former office building in Midtown, the Pfizer Building, experienced structural failure during conversion to apartments, causing buckled columns. While the building is now stable, experts warn of potential financial issues and stigma, though the city's housing shortage may drive renters to move in despite concerns.
- Civil grand jury finds that the Los Angeles Zoo is in crisis
A civil grand jury report has identified the Los Angeles Zoo as being in crisis, citing financial and other issues. The report highlights significant problems within the zoo's operations.
- As pioneering Chinese web forum returns, authorities warn free speech has limits
Chinese authorities praised the return of Tianya, a pioneering web forum launched in 1999, which closed in April 2023 due to financial problems. They emphasized the need to balance free speech with responsibility as the forum reopens.