When Evan Ozmat, a Ph.D. student in psychology at the University at Albany, first began counseling undergraduates about HIV and substance abuse, he expected to hear about their health issues. Instead, he heard about problem gambling. Since the beginning of the project three years ago, students have brought up, unprompted, gambling, Ozmat says. We started…
Popular jewellery brand Silvermoon has gone into voluntary liquidation after an “arduous battle” with economic challenges. In an emotionally-charged message to customers on its website, the company said it would sell remaining inventory at “significantly” reduced prices, honour gift cards and vouchers, and then close. “After considerable reflection and exhaustive exploration of all possible avenues…
The head of Alibaba Group Holdings Local Services Group (LSG), one of the six major business units being spun off from the e-commerce giant, is stepping down amid an ongoing restructuring process. Yu Yongfu, who was appointed to lead LSG after Alibaba announced its restructuring last March, will exit the unit which includes delivery business…
When President Barack Obama signed legislation in 2010 to create the Consumer Financial Protection Bureau, he said the new agency had one priority: “looking out for people, not big banks, not lenders, not investment houses.” Since then, the CFPB has done its share of policing mortgage brokers, student loan companies, and banks. But as the…
KUALA LUMPUR (March 1): Sapura Energy Bhd said a Mexican unit of the group has been declared bankrupt, after it had failed to restructure its debts with creditors within the stipulated time frame given by a court in that country. The unit, Sapura Energy Mexicana Sociedad Annima Promotora de Inversin de Capital Variable (SEM), is…
Getty Images By Yasmin Rufo & PA Media BBC News Katie Price must give up almost half of her monthly income from adult entertainment website OnlyFans to repay her debts, a judge has ruled. The High Court court heard that the former model had previously reached a voluntary agreement over her debts, but had failed…
When President Barack Obama signed legislation in 2010 to create the Consumer Financial Protection Bureau, he said the new agency had one priority: looking out for people, not big banks, not lenders, not investment houses. Since then, the CFPB has done its share of policing mortgage brokers, student loan companies, and banks. But as the…
In Australia, many folks are feeling the pinch of financial stress. But amidst the chaos, theres a glimmer of hope: the $10,000 Debt Relief program. Its like a helping hand extended to those drowning in debt, offering a chance to breathe again. In the realm of Australian finances, $10000 Debt Relief Australia emerges as a…
Getty Images By Yasmin Rufo & PA Media BBC News Katie Price must give up almost half of her monthly income from adult entertainment website OnlyFans to repay her debts, a judge has ruled. The High Court court heard that the former model had previously reached a voluntary agreement over her debts, but had failed…
The Body Shops Belgian branch has been declared bankrupt. A German buyer is reportedly already in place to acquire the profitable remains. Done deal The bankruptcy was declared in the Netherlands, because the Belgian activities are part of the same entity as the Dutch shops. The receiver has not yet announced what the consequences are…