[THE INVESTOR] IT solutions developer Samsung SDS said on Sept. 30 that it has decided to split off its US branchs IT services unit as part of its business restructuring efforts. The company said in a regulatory filing that it received approval from the board on Sept. 29 for the split-off plan, which Samsung SDS…
WASHINGTON (AP) — The Education Department is pursuing debt collection rather than debt relief for nearly 80,000 former students of Corinthian Colleges, despite federal and state findings that the now-defunct for-profit chain defrauded students, Sen. Elizabeth Warren said in a blistering critique of the administration’s actions. The Massachusetts Democrat reported the findings of a staff…
U.S. Rep. Peter DeFazio wants to help college students avoid accumulating a lifetime of unpayable debt and help those who are already struggling. The Oregon Congressman, who is running for a record 16th term, introduced a bill he calls the Helping Improve Grants for Higher Education & Repayment of Expensive Debt Act. … Read the…
MUMBAI: A well-known New Delhi-based business family, whose two sons are non-resident Indians, feared that their wealth could be taxed not just in India, but also in the US. The fear has led them to restructure their family trust so that it attracts minimal tax. The family trust, which until now was based in India,…
Jordan deal sealed, Ratio to issue debt to help fund Leviathan development Just days after the Leviathan partners signed a key contract to sell natural gas to Jordans electric power company, one of the fields partners is getting ready to tap the debt market. Ratio, which holds 15% of the field, said Thursday it…
Bianca Mlilo, Business ReporterALTFIN Life Assurance has been placed under liquidation on insolvency basis after it failed to pay out claims to its clients. Liquidation occurs when a company is insolvent, meaning it cannot meet its obligations as and when they are due. Upon liquidation, the company ceases operations and its assets are divided up…
By Associated Press Published: 07:46 +10:00, 30 September 2016 | Updated: 07:46 +10:00, 30 September 2016 e-mail WASHINGTON (AP) The Education Department is pursuing debt collection rather than debt relief for nearly 80,000 former students of Corinthian Colleges, despite federal and state findings that the now-defunct for-profit chain defrauded students, Sen. Elizabeth Warren said in…
Jesse Osborne, 14, is alleged to have murdered his father then gone to the nearest elementary school and shot a teacher and two children The teenager, of Townville, South Carolina, was expelled from his middle school because he brought a hatchet and machete to class Detectives looking into whether boy, nicknamed ‘Little Jesse’ for his…
Deonte Jordan is being tried for a 2014 attempted murder. (Photo courtesy Facebook/Bloomington Police) By Terry James BLOOMINGTON A 21 year old man from Bloomington is on trial charged with attempted murder. Deonte Jordan is also facing charges of armed robbery and aggravated battery with a firearm. At the McLean County Law and Justice center the…
BLOOMINGTON A bench trial continued Thursday for a Bloomigton man accused of shooting a man in 2014 over a gambling debt. Deonte Jordan, 21, is charged with attempted murder, armed robbery and aggravated battery with a firearm in the December 2014 incident in the 900 block of West Washington Street. In testimony Wednesday, victim Joshua…