UNIVERSITY PARK, Pa. In support of Penn States efforts to optimize its organizational operating structure, the Universitys Finance and Business unit has undergone a reorganization that will elevate three Finance and Business staff members to increased leadership positions that take advantage of the forthcoming efficiencies to be created by the optimized service teams (OST) initiative.…
The High Court has dismissed an appeal against the inclusion in an insolvency arrangement of 77,000 in legal fees awarded against a couple whose Rottweiler dogs attacked and severely injured a woman. he appeal on the issue of the inclusion of costs in Mary and Michael Dalys personal insolvency arrangement (PIA) came before Mr Justice…
The RBAs latest growth forecasts indicate a further weakening in GDP growth and increasing interest rates. This will result in many companies, already diminished by two years of severe commercial disruption borne of COVID-19 impacts, facing continuing financial challenges. These are poised to increase due to the worsening economic climate, creating several headwinds for companies…
Metalcorp is a metals and minerals group that operates production and mining facilities across Europe and Africa. Aluminium, metals and concentrates comprise its primary business areas, three primary business areas, with its bulk goods and ferrous metals segment also contributing around 254.8 million in sales in 2021. Company-wide sales revenue for the first half of…
Karratha ratepayers are set to be more than half a million dollarsout of pocket as Virgin Australia is unable to pay a longstanding debt. Key points: Virgin Australia owes the City of Karratha more than $500,000 in airport fees The council hopes to be paid about 10 per cent of the total debt The debt…
Senate President Page Cortez has voiced support for bills to create a fund to encourage home insurance companies to return to the state. (Francis Dinh/LSU Manship School News Service) BATON ROUGE The House on Wednesday approved bills to spend up to $45 million toencourage insurance companies to return to the state and to prevent firms…
Arrival is going through another restructuring this time led by a newly appointed CEO that will slash its workforce by about 50% as the U.K.-based commercial EV company attempts to reduce operating costs and preserve cash. The company said Monday that Igor Torgov, former executive VP of digital at the company, has been hired as…
Debt consolidation can be a lifeline for consumers who are struggling to keep up with multiple credit card bills and Debt consolidation can be a lifeline for consumers who are struggling to keep up with multiple credit card bills and loan payments. One method for consolidating debt is with a personal loan, through which you…
The Taxi and Limousine Commission and The New York Taxi Workers Alliance welcome a massive debt relief for New York City Medallion Taxi drivers after a long-awaited struggle. On Wednesday, Jan. 25, New York City Mayor, Eric Adams, along with United State Senator Chuck Schumer, the New York City Taxi and Limousine Commission Chair, David…
LONDON In the last few hours, Norwegian carrier Flyr has declared itself bankrupt after over 1.5 years in service, the company states in a press release. In a press release issued on Tuesday evening, Flyr official Erik Braathen stated; Its a sad day. We tried. We gave everything we had of energy, knowledge, and experience,…