Six months after Family Christian Stores, the nation's largest chain of Christian book and gift stores, filed for Chapter 11 protection, a Michigan judge on Tuesday approved a Chapter 11 bankruptcy sale that is expected to help the struggling business drop millions in debt and remain open.
Family Christian Stores, according to an mlive report, claimed total debts of more than $127 million and assets of nearly $75 million. It is expected to be sold debt-free to Family Christian Acquisitions for between $52.4 million and $55.7 million.
After enduring a process fraught with contentious disagreements between parties involved with the negotiations, which he said tested his faith, Family Christian Stores CEO Chuck Bengochea said it was now time to celebrate and believes God "has a plan" for the Grand Rapids-based business. more >>
Seattle Seahawks quarterback Russell Wilson teamed up with comedian Joel McHale to raise $24,000 for children with cancer by towing a Boeing 737 airplane.
Wilson, the "team captain" in the initiative called "Strong Against Cancer" launched by the Seattle Children's Hospital and Research Foundation, competed against Seattle native McHale to tug a 92,000-pound Alaska Airlines 737-800 aircraft 25 feet.
Wilson and McHale, who grew up in Seattle, spent three weeks handpicking their teams out of members of Alaska's maintenance and engineering employees along with Washington residents on Alaska's Facebook page. Alaska's Mileage Plan members in the Seattle area purchased tickets to attend the event where they cheered on their celebrity team captains from the bleachers. more >>
As the sun sets in New York, Manhattan's 23 million population drops to around 7 million as people head back home from work. For the city's homeless, however, it's a rush to find a shelter or safe home that can take them in for the night.
This is the daily routine nationwide for around 3-and-a-half million Americans forced to sleep in parks, under bridges, in shelters or cars.
"The biggest misunderstanding about homelessness is that it is either a result of addiction or mental illness. Sometimes the most common cause is trauma," Josiah Haken, vice president of Outreach Operations at the Relief Bus, a mobile homeless resource center in New York and New Jersey, told The Christian Post on Wednesday. more >>
A major LGBT Methodist organization may reach a settlement with an ex-employee who's filing a complaint against them over allegations of "gender identity discrimination" and unlawful firing.
Reconciling Ministries Network, which boasts the support of hundreds of congregations throughout the United States, requested and was given an extension on its official response to the complaint filed by its former director of communications Andy Oliver.
The Christian Post obtained a copy of the RMN motion via a FOIA request submitted and granted last week. more >>
Joyce Meyer, popular Bible teacher and preacher, has shared with her supporters the latest financial report detailing her ministry's assets, expenditures, and the results of its charitable and evangelistic undertakings. The ministry's production of publicly-available yearly financial reports was just one change Meyer made after being named years ago in a Senate probe of the finances of six notable Christian televangelists.
Meyer, named in 2005 by Time magazine among the 25 Most Influential Evangelicals in America, is a prolific author, having written more than 70 books, including the bestselling Battlefield of the Mind (1995). The 72-year-old minister is also a powerhouse on social media (totaling about 13 million followers across Twitter and Facebook), perhaps falling second only to Joel Osteen where evangelical Christian preachers are concerned.
The Fenton, Missouri-based Joyce Meyer Ministries, founded in 1985, claims that Meyer "reaches a potential audience of 3 billion people worldwide" through her "Enjoying Everyday Life" broadcasts. Meyer's 32nd "Love, Life Women's Conference," the only conference for which she charges an entry fee, attracted 14,000 women who paid $69 per ticket for the Missouri event last year, the St. Louis Post-Dispatch reported. more >>
Singer Fantasia Barrino is asking fans to be happy for her now that she's married the man she believes God created for her.
Barrino, 31, took to social media to share images from her wedding ceremony held on a boat with her new husband, Kendall Taylor, the CEO of Metro Transportation in Charlotte, North Carolina.