As part of a restructuring plan intended to cut $1.5 billion in costs, Bristol Myers Squibb plans to cut about 6% of its workforce, according to the firm. The layoffs will affect approximately 2,200 Bristol Myers Squibb employees in 2024, according to a presentation given as part of the company’s first quarter 2024 results report. In…
Boris Becker has agreed a settlement over his debts that will result in the former Wimbledon champion being discharged from a bankruptcy order. The German tennis star and former BBC television commentator, 56, was declared bankrupt in 2017 with debts of 50 million. Becker, a six-time Grand Slam winner, who first triumphed at Wimbledon in…
There are multiple ways to pay $7,500 in credit card debt off. Getty Images/iStockphoto Today’s economic environment can be a challenging one if you have credit card debt. The cost of living is climbing as inflation continues unabated, which can make it difficult to budget for your credit card payments. Moreover, the Federal Reserve’s federal…
Company expects to achieve $45-$50 million in annualized operating expense savings in fiscal 2025 Management to discuss first quarter 2024 financial results, restructuring and strategic initiatives on May 8, 2024 conference call SOUTH SAN FRANCISCO, Calif., April 25, 2024 (GLOBE NEWSWIRE) — Standard BioTools Inc. (Standard BioTools or the Company) (Nasdaq: LAB) today announced that…
Boris Becker’s private bankruptcy has ended. Becker’s lawyers confirmed this on Thursday in a statement made available to SID. by SIDlast edit: Apr 25, 2024, 06:02 pm Getty Images Good news for Boris Becker after the Laureus World Sport Awards – the Leimen native’s personal insolvency is over Legal success for Boris Becker: The 56-year-old…
The bankruptcy court on Thursday admitted two Essel Group entities Primcomm Media Distribution Ventures Ltd and Essel Homes Pvt Ltd under the Corporate Insolvency Resolution Process (CIRP) after Gnex Realtech Pvt Ltd, an affiliate entity, defaulted on its dues of Rs 260 crore where these companies provided corporate guarantee.Empower Your Corporate Journey with Strategic Skill…
Former tennis player turned coach Boris Becker has been released from bankruptcy, his lawyer said on Thursday. (Dimitar DILKOFF) Former German tennis star Boris Becker has been discharged from bankruptcy by a London court following a deal with his debtors, the 56-year-old’s German lawyer said Thursday. “As a result of an agreement with his insolvency…
Following the release of the latest Consumer Price Index (CPI), HECS-HELP debt is expected to be indexed at approximately 4.8 percent this year. This will automatically be applied to HECS debt on June 1st. This increase, followed by last years record high 7.1 percent, has given rise to increasing pressure from the Greens and Independent…
Rugby Australia have issued a statement after the administrator for the financially stricken Melbourne Rebels recommended creditors accept a proposed deal to save the club, adding it may have been trading while insolvent for the last five years. ADVERTISEMENT The Rebels went into voluntary administration in January with Rugby Australia taking over their competition licence…
In short: Changes to the way HECS-HELP debt is calculated have been recommended after a review of Australia’s universities. Banks are being urged to change the way they assess HECS-HELP debt when people apply for home loans. What’s next?: The federal government is considering the university review recommendations. The head of a review into Australia’s universities has urged the government…