Student loan-servicing company MOHELA has been drawn into the fight against student debt relief by Missouri Attorney General Eric Schmitt, one of the lead plaintiffs in the multi-state lawsuit, even though the company is not a party to the case. | Jeff Roberson/AP Photo The fate of President Joe Bidens multibillion-dollar student debt relief plan…
Brosa, the upmarket online furniture brand, has been placed in voluntary administration, citing a decline in trade since Covid-19 restrictions enabled consumers to shop at physical stores again. Last February, Brosas co-founder and CEO Ivan Lim told Inside Retail the business grew more than 100 per cent last financial year, in line with other online…
Online furniture retailer Brosa is up for sale after the business was placed in voluntary administration this week. Richard Tucker and Michael Korda of KordaMentha were appointed Voluntary Administrators of the 8-year-old ecommerce company, which raised more than $7 million in venture capital from the likes of Airtree and ASX-listed Bailador Technology Investments. While Bailador…
Sadly, weve lost plenty of Strictly Come Dancing stars over the years and snooker legend Willie Thorne certainly left a legacy when he died in 2020. The sportsman took part in the fifth series of the BBC competition and finished in 12th place with his professional partner Erin Boag. Unfortunately, Willie passed away in June…
Insurance Commissioner Jim Donelons request to fast-track funding for an incentive program was rebuffed by state lawmakers this week, leaving the effort in limbo until the next legislative session starts in April. Donelon had urged lawmakers to allow him to use $15 million in leftover premium tax revenue that the insurance department collects to kickstart…
What we want is to achieve the abolition of all illegitimate public debts, both in the North and in the South, it is NOT to debate and/or mobilize for the ‘Swapping public debt for climate action proposal’ What we want to achieve is the abolition of all illegitimate public debts, both in the North and…
In 2022 one-third of Pakistan suffered from extensive flooding. India had one of the wettest months of January, with precipitation levels 129% above average and the driest and hottest March in over 121 years.Droughts afflicted the eastern part of Africa, and central and western regions were drenched with floods. As the impacts of climate change…
Small businesses should have better access to debt hibernation instead of being made insolvent when they face a crisis beyond their control, so they are better able to pursue a credible restructure, save jobs and rebuild, according to the Australian Small Business and Family Enterprise Ombudsman, Bruce Billson. It is one of several recommendations made…
When I was a student at the University of Tennessee in the 1960s, a campus connection to the gambling syndicate in town would distribute betting cards during the fall football season. They paid $5 if you picked three winners of the upcoming games. You soon realized that the goal was not to make money for…
More than a quarter (26%) of people will be seeing in the new year in debt, a survey suggests. The types of debts covered included informal debts such as borrowing from friends or family, as well as credit card spending, overdrafts, loans or buy now pay later spending, according to the research from Tesco Bank.…