Only a small percentage of companies help their employees with student-loan payments, despite it being a sought-after perk. But that could change dramatically if a proposed tweak to the tax code gains momentum in Congress. There is no doubt that employees would welcome some kind of loan-relief benefit. A recent survey by YouGov commissioned by…
Loading A loan taken out 2-3 years ago was based upon different metrics and lender requirements, he says. Following changes in requirements, many people can no longer refinance or increase their borrowing capacity even though their financial position might not have changed. For many, this means they cannot switch to another lender at a reduced…
14:09, 10 June, 2019 YEREVAN, JUNE 10, ARMENPRESS. Surik Khachatryan, a former politician who twice served as Governor of Syunik (2004-2013, 2014-2016), has been declared bankrupt by a court, according to the Datalex online judicial information platform. According to the available documents the Armenian “ARMBUSINESSBANK”bank requested a court to declare the ex-governor bankrupt for…
International Business MachinesIBM has come up with a restructuring plan which includes massive layoff. The company reportedly announced plans to terminate around 1,700 employees from several of its units in different locations. IBM on Friday said that the restructuring was necessary in order to focus more on high-value segments of the IT market. It further…
Less than two months ago, gasoline prices were headed for $3 a gallon. Today theyre headed for $2 a gallon. This is good news for summer vacationers traveling by car on road trips to theme parks and national parks. Nearly a third of Americas drivers will take a trip by car this summer, burning more…
Employee surveys show that financial worry is a leading cause of workplace stress in the U.S., contributing to $250 billion in stress-related lost productivity each year. Because employee debts the biggest contributor to those worries, more firms are looking at offering debt relief benefits alongside more traditional benefits. Debt assistance is also proving a powerful…
newsletters, editors-pick-list, vallec, tobias McCosker, liquidation, electrical, Toby McCosker, Sydney Swans A HUNTER electrical company that sponsored the Sydney Swans AFL team has gone into liquidation owing more than $3 million, including more than $250,000 in entitlements to 14 employees. Vallec, Vallec EP and Vallec MP were voluntarily placed in the hands of a liquidator…
MUMBAI: The Mumbai bench of the bankruptcy court is scheduled to hear on Monday insolvency petitions filed against Jet Airways by two of its suppliers, a development that could hurt the efforts of banks to cobble together a deal with investors to revive the grounded airline. Banks have so far tried to keep Jet out…