WASHINGTON, Nov. 15 Ahead of a vote on Senate Joint Resolution 43, that would deny student debt relief to millions of Americans, Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Health, Education, Labor, and Pensions (HELP) Committee, gave remarks today on the floor of the U.S. Senate urging his colleagues to vote no and instead work…
DetailsBurt Young was best known for his career-defining role as Paulie, appearing in all six films up until “Rocky Balboa” in 2006. ByJolie Lash and Danielle Jennings Thursday, October 19, 2023 Burt Young, the Academy Award-nominated actor known for his timeless role as Paulie in the “Rocky” film franchise, has died at 83, his manager…
DetailsCNN Anthony Farrers lifestyle was as flashy as the luxury wristwatches he sold in Beverly Hills. His watch consignment business, The Timepiece Gentleman, had a storefront on the citys fabled Rodeo Drive. His red Lamborghini and his Ducati motorcycles sat outside his lavish rental in Santa Monica. He made frequent gambling trips to Las…
DetailsYou don’t have to deal with the stress of debt forever these five strategies could help you achieve freedom from debt quickly. Getty Images If you’re like most Americans, there’s a good chance you are tens of thousands, if not hundreds of thousands of dollars in debt between your mortgage, car loan and other money…
DetailsNov 15 (Reuters) – Hedge funds are helping to fill a bond-buying gap in European government bond markets left by central banks and playing an important role in boosting liquidity, debt agency chiefs from some of the region’s biggest issuers said on Wednesday. The European Central Bank greatly reduced its bond-buying last year after a…
DetailsChina has started a special refinancing bond program to service the outstanding hidden debts of the governments of a number of provincial regions, which analysts said marked a key step forward after the central government proposed a package of debt relief measures. Starting from September, more than 20 provinces participating in the program have issued…
DetailsMoving Forward as a Stronger Company With a Significantly Improved Balance Sheet and Increased Financial Flexibility David Stetson and Jon Zinman Appointed to New Board of Directors DUBLIN, Nov. 14, 2023 /PRNewswire/ — Mallinckrodt plc (“Mallinckrodt” or the “Company”), a global specialty pharmaceutical company, today announced that it has completed its financial restructuring, emerged from…
DetailsCapital solutions and private credit partner Leonard Klingbaum and business restructuring partner Matthew Roose will present on a panel titled The evolving landscape of lender-on-lender tension at the Debtwire Restructuring Forum in Miami on December 6. The presentation will examine: How bankruptcy judges open market purchase or non-pro-rata debt exchange rulings are impacting creditors and…
DetailsThe right home equity loan could be the key to getting rid of high-interest credit card debt. Getty Images/iStockphoto Credit card debt can be difficult to manage, even under the best economic conditions. But in today’s inflationary environment, it can be particularly challenging. Many Americans are even turning to their credit cards and taking on…
DetailsWeWork Inc. never figured out how to make money. Adam Neumann sure did. The office-leasing business declared bankruptcy this week, two years after finally going public minus its infamous co-founder. It has $19 billion of liabilities and $15 billion of assets. Longtime investors, including Softbank Group Corp. and the Vision Fund, will add to the…
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