The Grammy-winning artist “has no debt with MGM,” according to a spokesperson. It sounds like Bruno Mars can still afford to keep his 24-karat magic in the air. Amid rumors that the Grammy-winning singer and songwriter owed $50 million in gambling debt at a Las Vegas casino, the establishment’s parent company has come to Mars’…
“Thing you might have a gambling problem?” For some in Massachusetts the answer was yes, but not to the kind of problem the gambling hotline is meant to serve. The state’s problem gambling helpline saw a big jump in calls in the months after Massachusetts launched legal sports betting last year, but a public health official…
Under Armour Inc.s (NYSE: $UAA) stock tumbled nearly 10% in pre-market trading Thursday but bounced back when the markets opened while the founder and CEO Kevin Plank explained the companys restructuring plans going forward during an earnings call. The Baltimore-based sportswear maker announced a grim 2025 outlook, announcing that sales in North America, its largest…
The new British boss of Wefox, one of Europe’s biggest insurance technology companies, has warned investors that it could face collapse within months as it contends with a slew of regulatory and financial challenges. Sky News has learnt that Wefox believes it could become insolvent by the summer unless it can secure the sale of…
Scotty T is returning to Geordie Shore (Picture: REX/Shutterstock) Scotty T is returning to the show that made him famous Geordie Shore. The 36-year-old reality star has been mainly absent from the series following his axeing in 2018. At the height of his career, Scotty T, real name Scott Timlin, won Celebrity Big Brother but…
Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates its restructuring under new ownership. Toshiba delisted in December due to a $13 billion (2 trillion) takeover by a consortium led by private equity firm Japan Industrial Partners (JIP), capping a decade of scandal and upheaval. The consortium’s…
A Chilean judge has declared Chilean salmon-farming firm Nova Austral bankrupt. Chilean Judge Pablo Aceituno accepted complaints made by two Nova Austral creditors Comercializadora Nutreco Chile Limitada and Salmonifera Dalcahue Limitada alleging unequal and illegal treatment in Nova Austral’s financial reorganization process approved in January 2024, La Prensa Austral reported. The agreement constitutes deprivation of assets for…
Families at hundreds of schools across the country could be left out of pocket for annual student portraits and yearbooks after a national photography business went bust. Academy Photography Australia entered liquidation on May 10, with Anthony Phillips of Heard Phillips Lieberenz appointed as liquidator, according to ASIC. This week, Phillips sent a letter to…
More Aussie businesses are being driven to the brink of collapse, as the Australian Taxation Office (ATO) tightens the screws on outstanding debts. And theres more pain to come. More than 10,000 companies are expected to enter external administration by the end of the current financial year, ASIC predicts. That would mark a level not…
In a move that threatens to set a precedent across the tertiary education industry, Western Sydney University (WSU) has launched a wholesale restructuring and destruction of scores of jobs at WSU College, the universitys wholly owned feeder college. Western Sydney University [Photo: eminentedu.com] The educators and professional staff at WSU College face the elimination of…