The viral publisher Unilad, known for its commitment to student-friendly online banter, is facing insolvency proceedings following a demand from HM Revenue and Customs (HMRC) amid concerns over the future of the sites Facebook-centric business model. HMRC issued a winding-up petition against Unilads parent company in July, which is due to be heard at the…
DetailsA troubled Sheffield city centre pub which ran into financial difficulties has announced its immediate closure. The Sentinel Brewhouse in Shoreham Street has shut its doors immediately and laid off seven staff although the attached brewery will continue to trade while a buyer is sought. The Sentinel Brewhouse. Last year, it was revealed that the…
DetailsThis may sound like partisan hackery, and it very well could be, but this aggressive question from a Democratic senator to the Republican nominee for the Supreme Court is based on a very strange and very true story, and may hint at inside knowledge. Per The Washington Post: Supreme Court nominee Brett M. Kavanaugh incurred…
DetailsLOS ANGELES, Sept. 12, 2018 (GLOBE NEWSWIRE) — B. Riley FBR, Inc. (B. Riley FBR), a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc., announced today that Alex Rohan has joined the firm as a Senior Managing Director in its Corporate Restructuring division. Rohan brings over 25 years of investment…
DetailsVocally she could range from the plumminess of a duchess to the raucous expletives of the charwomen she used to meet as a footloose single girl sharing a Mayfair flat with a West End prostitute. But in person, as the journalist Gyles Brandreth recorded in his diary, that husky, purring voice is for real. On…
DetailsCHICAGO, Sept. 12, 2018 (GLOBE NEWSWIRE) — Medical debt is the number one cause of bankruptcy in the U.S. To help consumers faced with mounting medical bills avoid bankruptcy, TransUnion Healthcare announced today that it is supporting the efforts of RIP Medical Debt, a 501(c)(3) nonprofit located in metropolitan New York, but working nationally. RIP,…
DetailsNew Myer chief executive John King hopes to reverse a long-term slide in earnings as early as this year by cutting back on discounting, closing clearance floors, stocking more exclusive brands and shrinking stores while improving customer service. Unveiling his long awaited turnaround plan, Mr King said his focus was on improving Myer’s bottom line…
Details12 September 2018 Egypt’s Ministry of Public Sector has announced that the National Cement Co (NCC) has fallen into liquidation. NCC’s kiln lines had been shutdown since 31 May 2018. Minister Hisham Tawfik announced that the company had lost EGP900bn (US$50bn) in the past year. The factory is also heavily in debt, owing EGP4.4bn…
DetailsThis autumn will mark the tenth anniversary of the most spectacular bankruptcy of all times. On 15 September 2008, banking heavyweight Lehman Brothers knocked sideways by the bursting of the sub-prime mortgage bubble a year earlier, declared itself insolvent with 613 billion US dollars worth of debt. This whipped up a storm that raged through Wall…
DetailsSen. Sheldon Whitehouse (D-R.I.) wants to know if Judge Brett Kavanaugh, President Donald Trumps nominee to the Supreme Court, has a gambling problem. Have you ever sought treatment for a gambling addiction? Whitehouse asks pointedly as part of a series of questions submitted this week about Kavanaughs unexplained personal debts. … Read the full article at: https://www.huffingtonpost.com/entry/brett-kavanaugh-debts-sheldon-whitehouse_us_5b982a36e4b0511db3e6e487
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