Archived

Kennedy Center says it's on the brink of bankruptcy, might close as early as Tuesday

In two board resolutions made public Monday, the arts institution says it is in a dire financial and physical state — and that only President Trump can "rescue" it.

Coverage from 3 publishers 3 source reports
NPRGuardian
US
Update summary

What changed in this update

NPR's A Martinez speaks with Washington Post arts and government reporter Jonathan Edwards about internal documents showing the Kennedy Center could close as soon as Tuesday.

Event intelligence

Kennedy Center governance and financial crisis

4 connected story threads

The Kennedy Center's Trump-appointed board has voted to immediately close the performing arts building, citing safety and financial problems, while a federal judge has again blocked it from adding President Trump's name to the facade without Congressional approval. The annual Kennedy Center Honors has been moved to Capital One Arena, the first time it will not be held at the center since the awards began in 1978.

Grounded in 4 reports across 2 sources

The Kennedy Center Honors has been relocated to Capital One Arena, marking the first time the annual ceremony will not be held at the Kennedy Center since it began in 1978.

Explore full event
In this event Kennedy Center Honors awards moved to new venue amid Trump’s onslaught Earlier coverage Fed expected to raise interest rates. And, board votes to close Kennedy Center Earlier coverage Culture critic on Kennedy Center board's crusade to restore Trump's name to the venue Earlier coverage
Source coverage

Source reports

US
NPR

Kennedy Center says it's on the brink of bankruptcy, might close as early as Tuesday

US
Guardian

Kennedy Center leaders say Trump’s name on facade may avoid ‘fiscal collapse’

Center’s Trump-installed leaders also say it is on brink of bankruptcy and could close as early as Tuesday Leaders of the John F Kennedy Center for ⁠the Performing Arts say it is reportedly on the brink of bankruptcy and could ⁠close as early ⁠as ​Tuesday. The center’s Donald Trump-installed leaders argued that putting the president’s name on its facade may be the only way ⁠to avoid imminent and “certain fiscal coll…

US
NPR

Kennedy Center board says venue could close soon due to financial woes

NPR's A Martinez speaks with Washington Post arts and government reporter Jonathan Edwards about internal documents showing the Kennedy Center could close as soon as Tuesday.

More news

Also in the news

What to Know About Friday’s Nationwide Ground StopNYTimes – US
US Established

FAA Nationwide Ground Stop Disrupts US Flights

The Federal Aviation Administration issued a rare nationwide ground stop on Friday afternoon after its air traffic control telecommunications equipment became overloaded, officials said. The halt to departures lasted nearly five hours and ended around 8:15 p.m. ET, the longest such stoppage in 25 years. More than 8,200 flights, over 31% of those scheduled in the United States, were canceled, and officials expected a full recovery by Sunday.

20 references
ABC NewsNPRDWGuardianCBS +5
'Miracle on the Mississippi': 180 rescued after river cruise boat collides with tankerSky News – US
US Established

Tanker Hits New Orleans River Cruise Ship

A tanker struck a river cruise ship on the Mississippi River near the Port of New Orleans on Friday, partially submerging the passenger boat. Officials said there were no fatalities, all passengers were accounted for, and at least 32 people were treated at local hospitals. The Board of Commissioners of the Port of New Orleans sued the tanker's owner, saying the Atlantic Asphalt caused at least $1 million in damage to its terminal; a judge issued a warrant Friday giving federal officials control of the ship for now.

12 references
CBSPBSAl JazeeraSkyEuronews +3
Judge Blocks Immediate Closure of East Potomac Park for Trump Golf ProjectNYTimes – US
US Updating

Judge Blocks Closure of East Potomac Golf Course

A federal judge on Saturday ordered a two-week delay to any work at East Potomac Park, a historic public golf course in Washington, D.C., temporarily blocking the Trump administration from closing it for renovation. U.S. District Judge Ana Reyes said the administration would not be responsible for operating the course while the case proceeds, the latest development in a months-long legal challenge to President Donald Trump's plans for East Potomac Golf Links.

5 references
CBSNYTBBCNPRGuardian
Discovery

See what’s emerging. See what’s changing.

Explore stories gaining momentum and continuing events with new developments.