Histogenics(NSDQ:HSGX) said last week that its board of directors approved a restructuring plan that would result in layoffs for all but one of the companys employees. The layoffs include CEO Adam Gridley and COO Stephen Kennedy. Gridley and Kennedy plan to evaluate strategic alternatives for the company in consulting capacities alongside up to four other…
March 18 at 6:35 AM It was the egg crack heard around the world. Australian Sen. Fraser Anning, a far-right figure known for his extreme views on immigration, stood behind a bank of microphones at a Saturday news conference in Melbourne, Australia, the day after he issued a statement suggesting New Zealands decision to admit…
Indian businessman Anil Ambani has avoided imprisonment for contempt of court after his Reliance Communications completed a payment to Swedens Ericsson, two days before a deadline imposed by New Delhis supreme court. The court found Mr Ambani guilty of contempt last month over RComs repeated delays in paying outstanding fees of $77m to Ericsson for…
Debt Consolidation Debt ConsolidationMarket report 2019- A new business intelligence report released byReports monitor with the title Global Debt Consolidation Market Growth (Status and Outlook) 2019-2025 has abilities to raise as the most significant market worldwide as it has remained to play a remarkable role in establishing progressive impacts on the universal economy. The Global…
(MENAFN – Baystreet.ca) The millennial generation is struggling with high debt levels. According to a new study by Hoyes Michalos & Associates Inc., two in five insolvency filings in Ontario now come from millennials, defined as people born between 1981 and 1996. And the main debts burdening the generation are student loans and credit…
The Lions have a chequered recent history with sponsors, with former major partner Camperdown Dairy International collapsing in 2017, only months after apparel provided BLK folded. The debt-ridden Lions are one of a host of AFL clubs who remain heavily reliant on AFL funding, having received a $23.6 million distribution from the league last year.…
March 18 at 6:35 AM It was the egg crack heard around the world. Australian Sen. Fraser Anning, a far-right figure known for his extreme views on immigration, stood behind a bank of microphones at a Saturday news conference in Melbourne, Australia the day after he issued a statement suggesting that New Zealands decision to…
One of the directors of Carnegie Clean Energy has struck a deal to help fund its operations while administrators attempt to recapitalise its wave power business. A Carnegie statement today said director and shareholder Grant Mooney, a Perth corporate adviser, along with stakeholder Asymmetric Creditor Partners had agreed in principle to provide interim funding support.…
Bedford Salvation Armys debt advice service is calling for more volunteers to help manage its six week waiting list so their small but dedicated team can continue to offer free, impartial and confidential debt advice. The service based at the church and community centre on Commercial Rd is funded for fifteen hours each week through…
Ayda Shabanz, an indepdent property and finance investment expert and commentator, claimed that one of biggest reasons Gen Ys and Millennials do not enter the property market is because of the shame associated with bad debt from credit cards and other payment services. What I constantly see in this age bracket is a great deal…