Second-tier banks urged to tighten their lending amid growing household debt
South Korea's financial watchdog has called on second-tier banks to tighten lending standards on their extension of unsecured personal loans, as part of a move to curb rising debt among households, industry sources said on Sunday.The…
Trudeau condemns Chinese court’s 11-year sentence in Canadian spy case
BEIJING, Aug.11 (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday that a Chinese court's sentencing of Canadian businessman Michael Spavor to 11 years in prison for espionage was "absolutely unacceptable" and called for…
Lightning eMotors, Inc.’s (NYSE: ZEV) Shift from Loss to Profit
We think now is the right time to analyze Lightning eMotors, Inc. (NYSE: ZEV) because it looks like the company is on the cusp of a huge accomplishment. Lightning eMotors, Inc. designs, manufactures, and sells electric vehicles. The…
bluebird (BLUE) Larger than expected loss in T2, lower revenues Y / Y – August 9, 2021
bluebird bio, Inc. (BLUE Quick QuoteBLUE - Free Report) reported a loss of $ 3.58 per share for the second quarter of 2021, larger than Zacks' consensus estimate of a loss of $ 3.26. The company reported a loss…
Competing for consumer attention
Show Notes: To celebrate Clark Hill's CreditEcoToGo first anniversary and 50th episode, we discuss the digital transformation of the collections industry with Dave Hanrahan, CEO and co-founder of Kredit, a next-generation software…
Oil drops 3% on China’s COVID-19 brakes, stronger dollar
Brent and WTI hit 2.5-week lowsChina Reports Increase in New COVID-19 CasesChina's crude imports in July drop 20% year on yearLONDON, Aug. 9 (Reuters) - Oil prices fell more than 3% on Monday, extending last week's steep losses amid a…
Cuomo’s team attacks state report after staff member files criminal complaint against governor
New York Attorney General Letitia James's office held firm in its report released Tuesday, saying Cuomo's legal team denouncing the underlying process "has damaged the credibility of women." Separately, Cuomo's attorneys have scanned the…
Public notices should stay in the newspapers
Etienne Key Public notices required by the courts are valuable tools of our democracy because they provide due process for Americans who will be affected by government action and help make the judicial process more transparent.Posting…
GM Goes Profit, Raises Full-Year Outlook
The new GM logo is seen on the facade of General Motors headquarters in Detroit, Michigan, USA on March 16, 2021. Photo taken March 16, 2021. REUTERS / Rebecca Cook Aug. 4 (Reuters) - General Motors Co (GM.N) posted second-quarter profit…
National Guard training to continue in August and September after congressional action | State and…
SPRINGFIELD - The Illinois National Guard abandoned plans to cancel weekend drills and training drills in August and September, which would have resulted in time off and lost wages for thousands of Guard soldiers and…
Indian boy commits suicide over £ 28,000 debt
An Indian boy committed suicide after being unable to pay a debt of £ 28,000. The tragic incident happened in Uttar Pradesh Sitapur district. Unable to repay the money he had borrowed, young Manoj committed suicide. Doctors…
IBBI: Too early to think of a pre-packaging system for large companies
The IBC currently allows a maximum of 270 days for the completion of the entire CIRP.Insolvency and Bankruptcy Board of India (IBBI) Chairman MS Sahoo hinted at the possibility of rolling out the pre-pack insolvency regime in the future,…
Senator Lankford discusses concerns over US-Mexico border
Oklahoma US Senator James Lankford spoke about the US-Mexico border impact issues on Oklahoma at a press conference Friday.Lankford said he believed billions of taxpayer dollars were wasted paying contractors not to build a border wall.…
Maya Wiley’s $ 1 million campaign debt in New York puts black-owned businesses at risk
As a mayoral candidate, Maya Wiley said she had "been black my whole life" - but that's a cold comfort to the unpaid salespeople of her failed campaign, to whom we owe nearly a million dollars, including a black-owned…
Florida insurer Gulfstream agrees to liquidate
Sarasota-based insurer Gulfstream Property and Casualty Insurance Co. agreed to liquidate after becoming insolvent.In an order accepted by Gulfstream on Thursday evening, the Florida Office of Insurance Regulation recommended that the…
PDVSA’s EXCLUSIVE creditors target $ 600m in Portugal bank account – documents, source
The logo of state-owned oil company PDVSA is seen on a tank at an oil facility in Lagunillas, Venezuela, January 29, 2019. REUTERS / Isaac Urrutia / File PhotoNEW YORK / LISBON, July 23 (Reuters) - Creditors of Venezuelan state-owned oil…
Chelsea residents sue developer who scrapped organic farm
A group of residents living in the Hendrick Farm development in Chelsea, Quebec, are suing the developer for removing the organic farm which they say is the reason they bought there in the first place. Hendrick Farm, which is just west of…
BREAKDOWN: Mayor Victorino veto Bill 60 on moratorium on hotel construction
County officials today announced that Maui Mayor Michael Victorino is vetoing Bill 60, the hotel moratorium bill, which was passed by county council from Maui on July 2, 2021.
“Like you, Mayor Victorino's…
The 1st personal bankruptcy case marks a legal breakthrough
The first court ruling in a personal bankruptcy case in China came on Monday, four months after local regulations on personal bankruptcy cases in Shenzhen came into effect in March.
Plaintiff Liang…
CT state college system cancels $ 17 million in community college student debt amid pandemic
HARTFORD - Connecticut state colleges and universities will write off $ 17 million in debt that community college students have accumulated or have been unable to repay due to the COVID-19 pandemic.The CSCU announced on Tuesday that the…
Back to basics may boost Harley’s earnings although Street is wary of volume gains
July 20 (Reuters) - The big question hanging over Harley Davidson Inc's (HOG.N) second quarter results on Wednesday will be familiar: Has the 118-year-old brand sold enough bikes?After struggling to expand its appeal beyond middle-aged and…
Buyers circle Seadrill as he plans to emerge from bankruptcy: sources
(Reuters) - Noble Corp and a consortium comprising Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born magnate John Fredriksen, people…
Judge appoints guardian to represent two children
A High Court judge has appointed a guardian to independently represent two young teenagers at the center of a legal battle over whether they should be returned to their father, who has custody of…
If you can, should you prepay a student loan?
Students should consider whether they should pay off their debts quickly or gradually.…
Council initiates legal action against unidentified individuals based on findings of judicial…
Following a closed-door meeting, the board voted 7-2 to hire a law firm to "make accountability come true"
The Town of Collingwood hired a legal team to pursue the prosecution of those involved in the sale of Collus shares in 2012…
Old campaign debt drags San Jose city council member
An old debt to a campaign consultant raises questions about why a San Jose council member hasn't paid her. District 5 Council Member Magdalena Carrasco owes $ 25,719.67 to a consultant through her committee, Friends of Magdalena Carrasco…
NCLAT remains NCLT’s sign of assent to Twinstar’s resolution plan for the Videocon group
The National Company Law Appeals Tribunal (NCLAT) has suspended the approval granted by the Mumbai chamber of the National Company Law Tribunal (NCLT) to the resolution plan submitted for the Videocon group besieged by Twinstar…
These are the real winners of record car awards
Despite very high prices and growing customer demand, most automakers are set to report that revenues are down from what they were in the second quarter of 2019, a "normal" period before. the pandemic which is used for many comparisons of…
Management Commentary: CA Institute Invites Stakeholders To Comment On IASB Exposure Draft
The CA Institute has solicited stakeholder comments on the International Accounting Standards Board's new Exposure Draft, “Practice Statement on Management Commentary,†which aims to help entities…
The cost of the AIS collapse continues to rise
While it has been the subject of much speculation since May, when news broke of the collapse of grain merchant Alexander Inglis and Son, the release last week of the administrator's preliminary report finally gave precise…
Northern Liberties Cemetery: Neighbors Demand Better Process
💌 Do you like Philly? Sign up for the free Billy Penn newsletter to get everything you need to know about Philadelphia every day. After a passer-by photographs coffin-shaped footprints at a construction…
OYO Raises $ 660 Million in Debt Financing from Institutional Investors to Jumpstart COVID Affected…
Oyo is one of the first Indian startups to raise capital through term loansHotel company Oyo Hotels and Homes has raised $ 660 million in debt financing from global institutional investors via term loan financing (TLB),…
How COVID has affected UK businesses – and what happens after July 19
Britain will finally be freed from most of the restrictions placed on it during the pandemic from July 19 (and Northern Ireland from July 26). Knowing that the majority of the adult population has been doubly vaccinated, authorities…
Materials and product launch woes beat Siemens Gamesa forecast
A wind turbine model with the Siemens Gamesa logo is displayed outside the annual general meeting of shareholders in Zamudio, Spain on June 20, 2017. REUTERS / Vincent West / File PhotoShares fall after company warns of possible lossSecond…
Meyer de Jags, Baalke subpoenaed in Iowa discrimination lawsuit
JACKSONVILLE, Fla. (AP) - The Jacksonville Jaguars said on Wednesday that coach Urban Meyer and general manager Trent Baalke were subpoenaed in a lawsuit brought by lawyers for black players suing the former Iowa strength trainer Chris…
Do you want to skip college? Not if you want to earn more money | Business
Are you skeptical about a four-year college degree? Still, it is better to earn money. Opposition to college as a general step on the path to adulthood has increased over the past decade. Critics say a four-year bachelor's degree…
Economists estimate $ 100 million lost in revenue with Georgia leaving All-Star Game
ATLANTA, Georgia (WJBF) - Georgia's loss is Colorado's victory, with today's All Star-Game taking place in Denver instead of Atlanta.
MLB made decision to leave Atlanta after Gov. Brian Kemp signed Senate Bill 202 enacted in…
Leaders of influence: litigators and trial lawyers -Robbin Itkin
Robbin itkinPartnerSklar Kirsh LLPRobbin Itkin is a partner in Sklar Kirsh's Bankruptcy…
Why we must stop opposing wind farms
Notice: While objections are valuable and necessary safeguards, they should be a last resort when full engagement and negotiation has failed
It is an unpopular fact that we must accept the development of important new infrastructure in…
GoldStone enters into agreements with creditors as it progresses Homase
Gold explorer and developer focused on West Africa GoldStone Resources on Monday announced an operational update and agreements reached with creditors.The AIM-listed company said it has now received approval from the Ghana Minerals…
Punjab Mandi board in dire straits as RDF has yet to be released by the Center
The Punjab State Agricultural Marketing Board, also known as the Mandi Board, is facing a severe financial crisis as the Rural Development Fund (RDF) tasked by the state government to purchase grain has not been released by the Center for…
UFC 264 live updates, results: Conor McGregor vs. Dustin Poirier
Experts make their picks Conor McGregor vs. Dustin Poirier III“Dustin Poirier exposed Conor McGregor in his second fight when he understood something about 'Notorious'. The statistic is that 70% of the UFC trilogies go…
7 Credit Report Items That Scare Lenders
Like foreclosures, short sales also stay in your credit history for seven years. And that's seen by creditors as "a little better than foreclosure," he says.That said, the longer a foreclosure, bankruptcy, or short sale has taken place…
Little Falls to Reissue Tenders for Next Recycling Contract | Morrison County File
Little Falls City Council returns to the drawing board.After two months of controversial talks, council…
Explained: Why did NCLAT dismiss the insolvency proceedings against the OYO subsidiary?
The insolvency proceedings against OYO Hotels and Homes Pvt Ltd (OHHPL) were dismissed by the National Company Law Appeals Tribunal (NCLAT) despite several hoteliers claiming unpaid debts by the company.
Bulletin | Click for…
Commentary: Lawyers can make a difference in reducing acrimony in divorce
SINGAPORE: I had a client who shared a painful story involving his divorce. As her marriage broke down, in a fit of anger, she told her ex-husband: "I regret having been through this pregnancy." The couple had been…
Pros and Cons of Debt Management – Forbes Advisor
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors.
Find out if you…
The fishing and seafood industries affected by the red tide
WASHINGTON - A serious outbreak of red tide and large fish being killed off the coast of St. Petersburg is raising concerns over the state's fishing and seafood industry.
What would you like to know
The US Department of Commerce…
Americans Rank Debt Repayment As Highest Financial Priority, Study Finds – How To Get It Right
item The # 1 goal of Americans' personal finances is paying down debt, according to a recent study. Consider paying off your debt with one of these debt management strategies. (iStock) Debt can drain your budget and drain your…
IBC and creditors’ committee exclusions
ren during the Corporate Insolvency Resolution (CIRP) process, the Creditors Committee (COC) is the de facto counsel of the defaulting company. The COC is formed after collecting all the claims on the debtor, and plays an…
Turkey / Kyrgyzstan: interpretation of a Turkish-Kyrgyz educator
(Berlin) - Turkish and Kyrgyz authorities kidnapped, forcibly disappeared and extrajudicially transferred a Turkish and Kyrgyz national living in Bishkek to Turkey, Human Rights Watch said today. The actions included…
Empathy training camp? UK Banks Seek to Recover $ 105 Billion COVID Loans
Banknotes and coins are seen inside a cash register at a bar in Manchester, Britain September 6, 2017. REUTERS / Phil Noble / File PhotoOver $ 100 billion in government-guaranteed loans maturingBurned down in 2008, British banks hope to…
Pop star Britney Spears’ longtime manager resigns
Singer Britney Spears poses at the 29th GLAAD Media Awards in Beverly Hills, California, United States, April 12, 2018. REUTERS / Mario Anzuoni / File PhotoJuly 6 (Reuters) - Longtime Britney Spears manager has decided to end his ties with…
The history of Pakistan’s public debt
The PTI government claims to have paid off record debt. It's correct. Over the past three years, external debt repayments have amounted to nearly 3.5 trillion rupees, more than ever before.
PML-N says PTI has added a lot more to debt…
Judge dismisses NRA bankruptcy case in gun group
"The Court finds that the NRA's goal in declaring bankruptcy is less like a traditional bankruptcy case in which a debtor faces financial hardship or a judgment he cannot meet and more like cases in which the courts have said bankruptcy was…
Great Value Storage files for bankruptcy to end lockdown
Nate Paul of World Class Holdings (Facebook / GreatValueStorage, iStock)
Almost two years after the FBI raided the offices of the founder of Great Value Storage, the company filed for bankruptcy.
The company, run by Austin-based…
Kelly Dodd suggests to Erika Jayne “Sell [Her] Stuff “to Pay Victims,” Cried So…
Credit: Instagram / Kellyddodd / theprettymessKelly dodd found herself in tears as she logged in The housewife and the con artist, a documentary on Erika Jayne and Thomas girardithe alleged crimes of his former clients.
After watching the…
Kate Hudson on Privilege, as a Hollywood Entrepreneur
This story is part of the Behind the Desk series, where CNBC Make It gets to know successful business leaders to find out everything from how they got to where they are, what gets them out of bed in the morning. and their daily…
USA Gymnastics tries to overtake Nassar early in practice
ST. LOUIS (AP) - USA Gymnastics tries to hijack the Larry Nassar scandal narrative. Chairman Li Li Leung wants to talk about the progress he has made over the past three years. The guarantees it puts in place to prevent sexual abuse.…
China, HK agree on cross-border insolvency framework
Hong Kong courts and Chinese pilot city courts will be able to recognize insolvency, bankruptcy and restructuring proceedings under their respective laws.
The Supreme People's Court of China has designated Shanghai, Xiamen and…
Car rental costs are skyrocketing – if you can even find a vehicle
Heading to Maui for a vacation delayed by the pandemic? Better to make sure you book a rental car well in advance - if you can find one.Travelers arriving at Kahului Airport in Hawaii without a reservation for an April weekend will find…
Covid bankruptcies: Swiss liquidators speed up hiring
Swiss notaries prepare for expected increase in number of liquidations next year keystone
As employers lay off and lay off staff in an attempt to stay afloat during the Covid-19 pandemic, an employer in Switzerland has…
SsangYong Motor, in financial difficulty, to launch its first EV in Europe
SsangYong Motor Co.'s first electric vehicle, the Korando Emotion SUV, can be seen in this photo provided by the automaker on Tuesday. (SsangYong Motor Co.)Struggling financially, SsangYong Motor Co. announced on Tuesday that it will…
What if cheering was prohibited in WNY stadiums?
The 2020 Olympics (21) are almost here and the games will be some of the most discussed and written in history for more than just competition. During a pandemic there is so much that needs to be changed or undone. After COVID-19 pushed…
Norwegian Promotes CFO Geir Karlsen To CEO
The new Norwegian will not only have a different appearance in terms of operating model and fleet size, it will also have new leadership. After having been temporarily CEO for six months previously, current CFO Geir Karlsen has been…
Katerra employees sue over sudden layoffs, Christo’s Arc de Triomphe envelope gets date, and…
Welcome to another Monday and the start of another work week. As temperatures and vaccination rates rise, the number of opening (or reopening) art exhibitions is worth a visit.Here's what you need to know today:Christo's Arc de Triomphe,…
NCLT casts doubt on the confidentiality of Videocon’s liquidation assessment
The NCLT bankruptcy court has cast doubts on the "confidentiality" of the liquidation assessment of the assets of Videocon Industries and its 12 group companies during the insolvency proceedings. The court asked the Insolvency and…
Kabir Bedi Opens Up About His Hollywood Bankruptcy: It’s Very Humiliating For A Celebrity |…
Veteran actor Kabir Bedi made headlines in April this year because of the shocking revelations he made in his autobiography titled “Stories I Must Tell: The Emotional Life of an Actor,” which he wrote during the lockdown in due to the…