Joining CNBC Africa to look at South Africa’s current state of recorded companies being liquidated as well as active preventative measures to encourage sustainable growth and avoid company liquidation is Gerrie van Biljon, Executive Director of Business Partners Limited. Read the full article at: http://www.cnbcafrica.com/video/?bctid=5027490297001
Over his 12-year career, three-time NBA All-Star Antoine Walker made more than $108 million. But just two years after retiring from the league, he’d lost it all. “It was my darkest hour,” Walker told CNBC, describing the day he filed for Chapter 7 bankruptcy in May 2010. At the time, he had about $4 million…
The inevitable effect of contemporary central banking is serial financial booms and busts. With that comes increasing levels of systemic financial instability and a growing dissipation of real economic resources in misallocations and malinvestment. The world ultimately becomes poorer. Why? Because gains in real output and wealth depend upon efficient pricing of capital and savings.…
Mark Durcan, Micron Technology CEO Corporate Communication and Marketing After posting losses in … Read the full article at: http://www.bizjournals.com/sacramento/news/2016/07/07/micron-to-cut-7-5-percent-of-workforce-in.html
The slumping oil market is taking a heavy toll on consumers in Canada, new federal statistics suggest, as personal insolvency filings spiked in energy-producing provinces over the past year. Consumer insolvency filings were about five per cent higher in April 2016 than they were during the same month last year, according to a report recently released by the Office of the…
Today, Verizon Communications Inc. (NYSE:VZ) announced new data usage plans in a press conference. The company is opting for digitally overhauled approach through its redesigned My Verizon application. In this plan, the company intended to increase five data bucket sizes. However, these are coming up with certain costs attached to them. The first two plans…
Music 50 Cent mocks disabled teen Rapper 50 Cent is facing fierce backlash after he posted a video of himself mocking a disabled teenager. PT0M52S http://www.smh.com.au/action/externalEmbeddedPlayer?id=d-4egfx 620 349 May 4, 2016 Rapper 50 Cent may need to be upgraded to Dollar. Australian Dollar, that is. The American hip-hop star, whose real name is Curtis Jackson…
IndyCar racing will provide $925,000 to ticket buyers still waiting for refunds from a planned Boston race that was canceled in April, according to an agreement with Attorney General Maura Healey announced Thursday. Healey also filed suit Thursday in Suffolk Superior Court against Boston Grand Prix LLC, the local company that proposed the…
Rapper 50 Cent may need to be upgraded to Dollar. Australian Dollar, that is. The American hip-hop star, whose real name is Curtis Jackson (or Curtis James Jackson III, to be complete) has been in bankruptcy court for a while trying to manage debts of nearly $50 million. Previous slide Next slide 50 Cent mocks disabled…