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Jessica DiNapoli

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

2:34am GMT

MOVES-Distressed debt portfolio manager Tirschwell leaves TCW -sources

NEW YORK, Dec 14 Sara Tirschwell, the portfolio manager responsible for managing distressed debt investments for TCW Group Inc, has left her post at the asset manager, people familiar with the matter said on Thursday.

14 Dec 2017

Shoemaker Rockport explores options including sale: sources

NEW YORK The Rockport Group is exploring its options, including a possible sale, after one of the U.S. footwear maker's major debtholders took ownership of the company, people familiar with the matter said Wednesday.

06 Dec 2017

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.

01 Dec 2017

Jewelry chain Charming Charlie preparing to file for bankruptcy: sources

Fashion jewelry and accessories chain Charming Charlie LLC is preparing to file for bankruptcy as early as this month, people familiar with the matter said on Friday, the latest example of a U.S. retailer struggling during the key holiday shopping season.

20 Nov 2017

Former Obama administration official in bid for The Weinstein Co

Maria Contreras-Sweet, the former head of the U.S. Small Business Administration (SBA), has submitted an offer to acquire the Weinstein Co, a spokeswoman for the U.S. film and TV studio said on Sunday.

18 Nov 2017

Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy

NEW YORK U.S. sneaker seller Shiekh Shoes LLC is searching for financing to avoid bankruptcy, its owner Shiekh Ellahi said on Friday, as increasing online competition has caused major upheaval for brick-and-mortar retail chains. 

15 Nov 2017

Avenue's Lasry discloses stake in Neiman Marcus debt

NEW YORK Marc Lasry, the billionaire co-founder of Avenue Capital Group, said on Wednesday that the firm has invested in some of the approximately $4.8 billion in debt of loss-making luxury department store chain Neiman Marcus Group LTD LLC.

14 Nov 2017

Goldman Sachs marks stake in Weinstein Co down to zero - source

Goldman Sachs Group Inc has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped down last month following sexual assault allegations, a person familiar with the matter said on Monday.

09 Nov 2017

Distressed debt funds turn activist to rescue U.S. energy bets

NEW YORK Distressed debt investors in U.S. oil and gas companies are turning into activist shareholders and pushing for more deals in the sector to boost the value of energy holdings they snapped up during the oil market slump.

01 Nov 2017

U.S. retailer Styles For Less prepares to file for bankruptcy: lawyer

Teen fashion retailer Styles For Less Inc is preparing to file for bankruptcy, a lawyer for the company said on Wednesday, in the latest example of a U.S. brick-and-mortar retailer becoming a casualty of consumers moving more of their shopping online.

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