There are a lot of things that could have been included in the charges pending against Mike Miske and his remaining five co-defendants, but were left out in order to keep the number of charges manageable. Take gambling. Documents buried in the various records filed in court show Miske and a number of his associates…
NEW DELHI: Three key executives have resigned from troubled edtech firm Byju’s as part of what the company has termed as a broader business restructuring.Under the new structure, four of its verticals have been consolidated into two segments – K-10 and exam prep. Byju’s did not elaborate on the matter but said in a statement…
According to the company, it is anticipating cost savings of up to $300 million through 2024, which includes an estimated 25% reduction in current workforce and a reduction in external expenses. (Image Credit: Rawpixel.com – Adobe.Stock.com) Apellis Pharmaceuticals Inc announced a corporate restructuring to drive growth of pegcetacoplan injection (SYFOVRE) and pegcetacoplan (EMPAVELI), which the…
A common financial struggle for Americans is deciding how much money to devote to savings versus paying down debt. While the answer varies on a case-by-case basis, its often important to strike a balance between the two. Wiping out high-interest debt on a timely basis will reduce the amount of total interest youll end up…
Apellis Pharmaceuticals, Inc. announced a corporate restructuring to drive growth of SYFOVRE (pegcetacoplan injection) and EMPAVELI (pegcetacoplan), positioning Apellis for long-term success. This restructuring will include cost reduction initiatives that align with the Company?s near-term priorities and are expected to result in up to $300 million in total cost savings through 2024. Key elements of…
Jo Constantz | Bloomberg The share of employers offering student loan repayment benefits is climbing as companies hope to gain a competitive advantage in recruiting younger workers in a still-tight labor market. The share of full-time job listings mentioning student debt repayment programs has more than doubled since 2019, according to an analysis by job…
Non-alcoholic wine and spirit purveyor Sans Drinks has survived a near-death experience to become an object lesson in the benefits of voluntary administration, according to insolvency specialist Jirsch Sutherland. The business, begun in 2020 by Nourished Life founder Irene Falcone, got off to a dream start with booming online demand for its non-alcoholic beverages, Jirsch…
Apellis Pharmaceuticals is laying off one quarter of its workforce in an overhaul of its business designed to focus resources on a newly approved vision loss drug. The job cuts announced Tuesday will affect about 225 employees. The company’s field-based sales staff and medical employees are minimally affected by the reorganization, which will be completed…
Your Monday morning roundup: August 29, 2023 Your Tuesday morning roundup: August 29, 2023 03:02 BALTIMORE — Baltimore Mayor Brandon Scott and the city’s Department of Public Works are distributing over $15 million in state grant funding for customers in need of water bill debt relief. Over 75,000 Baltimore City and County residents who accrued…
Hurricane Idalia is making its way to Florida with an expected landfall tomorrow morning. And with hurricanes, comes property damage and insurance claims. The states property insurance market took a huge hit last hurricane season. Mark Friedlander, with The Insurance Information Institute, said there are new changes that homeowners should pay attention to. Listen to…