Cory Turner, NPR: Yes, it’s really interesting, Geoff, because if you think about the difference between the president’s broad debt relief plan and the income-driven repayment plan they just unveiled, it’s the latter that will arguably help more borrowers looking forward into the future. This new plan would do a few things. As you mentioned…
Why you keep seeing these sad-looking bikes around your city as company’s second attempt to crack the tricky Aussie market fails dismally Mobike Australia has gone into liquidation after a second attempt in Australia The company was founded in China in 2015 by a former technology journalist About 1600 of the firm’s bikes are abandoned…
Vroon will sell 40 offshore support vessels to focus on tis tankers and livestock carriers (Vroon)Published Jan 10, 2023 5:11 PM by The Maritime Executive Dutch shipping group Vroon, which has been a family-run business for more than 130 years, has succumbed to financial pressures that were exacerbated by global events and economic pressures in…
The Biden administration is pushing forward with another approach to tackling the student debt crisis while its main initiative, a plan to forgive up to $20,000 in student loans per borrower, remains mired in legal limbo. Even if the debt-forgiveness effort is struck down by the courts, the Department of Education’s Plan B could help…
Dive Brief: McDonalds will evaluate roles and staffing levels ahead of difficult discussions and decisions around jobs the company expects to finalize by April 3, CEO Chris Kempczinski wrote in a message sent to employees on Friday and reviewed by Restaurant Dive. McDonalds didnt disclose how many employees could be impacted by this potential corporate…
A failed businesswoman “buried her head in the sand” after going bankrupt and failed to reply to repeated requests for evidence of her assets by the insolvency service. A judge told mother-of-three Karen Achilleos she “closed her eyes” to letter after letter from the authorities after her bespoke cabinet-making business went bust. Derby Crown Court…
Posted on: January 10, 2023, 01:22h. Last updated on: January 10, 2023, 01:44h. Erik Gibbs Read More A man in Hong Kong wanted to pick up some extra cash, so he thought a quick robbery would do the trick. As police would find out later, he needed the money to cover gambling debts. But his…
Inside the secretive world of Shark Tank deals. ILLUSTRATION BY FORBES; IMAGE BY GK HART/VIKKI HART/GETTY IMAGES Experts say that a showdown in the House over government spending and the U.S. debt limit could send the country into a government shutdown. Used car sales experienced their largest annual decline on record. Major companies like Meta…
The CEO of Swedish state-owned enterprise Svenska Spel, Patrik Hofbauer, called for a national debt register, alongside other interventions in a public address. Hofbauer highlighted the relationship between gambling addiction and debt, arguing that the government action would be required in order to effectively manage the problem. Gambling addiction is often financed with payday loans,…
PITTSBURGH–(BUSINESS WIRE)–Alcoa Corporation (NYSE: AA) today announced a restructuring of its Executive Leadership Team to further improve the Companys rigorous focus on operational excellence, cost, and innovation. The changes, effective February 1, 2023, will include the reassignment of responsibilities for two existing members of the Executive Leadership Team and the appointment of a new Chief…