All articles tagged with #funding issues
Hopes for a major safety improvement at the Highway 285 and Kings Valley Drive intersection in Colorado have diminished due to funding shortages, delaying a planned interchange that aims to reduce accidents and improve traffic flow, with costs now estimated at $77 million and no immediate funding available.
Bryan Cranston has stated he will not return to film or promote the indie movie 'Lone Wolf' until all cast and crew are fully paid, amid ongoing funding shortfalls and production delays.
Humanoid Origin, a game studio founded by former BioWare general manager Casey Hudson, has shut down due to a lack of funding, halting the development of its ambitious sci-fi project. The studio, which employed around 70 people, struggled to secure investor money and publishing deals amid a challenging period for the video game industry. Hudson, known for his work on Mass Effect and other BioWare titles, expressed gratitude for the team's efforts and commitment to supporting them in finding new employment.
Shelby County Clerk Wanda Halbert expressed disappointment over the release of rumors regarding eviction and the closing of the Poplar location. She clarified that they were not evicted but acknowledged missing payments on the property. Halbert highlighted the need for renovations and lack of funding as primary issues. Despite these challenges, she mentioned plans for a new Whitehaven location and additional locations in the Poplar area. Halbert hopes that a meeting with the Mayor on budgeting will help address the problems facing the Shelby County Clerk's office.
First Republic Bank has been downgraded for the second time in a week by S&P Global, with its long-term issuer credit rating lowered to B+ from BB+. The ratings firm had cut the lender to junk just days earlier. S&P said the bank's rating "remains on CreditWatch negative, indicating we could lower the rating further if the bank is unable to demonstrate some progress in stabilizing deposits and recovering the franchise value that, in our view, have likely eroded."