But pop cares little for legend. Gibson says sales are strong, but guitars don’t have the mystique they did in King’s day. Big dogs “We have a younger generation coming in with tastes toward a different type of music,” said Al Di Meola, a Grammy-winning jazz guitarist. Juszkiewicz tried diversification. He bought a line of…
DetailsIn addition, Tata Steel has also agreed to infuse Rs 1,200 crore as working capital and offered a 12% equity stake to the Singals, the existing promoter group of Bhushan Steel. (IE) In a first big result of the government instituted insolvency resolution process, and in a major step forward for steel behemoth Tata Steel,…
DetailsHouse Speaker Paul D. Ryan (R-Wis.) on Thursday headed to vote on the federal budget at the U.S. Capitol. (Shawn Thew/EPA-EFE/REX/Shutterstock) Teachers, social workers and other public servants at risk of missing out on federal student loan forgiveness because they enrolled in the wrong repayment plan now have a shot at debt relief under the spending bill signed…
DetailsThe anguish on Michael Harriss face said it all. The British-born roofer broke down this week when he appeared as a witness at the banking royal commission. In between deep breaths, Harris told commissioner Kenneth Hayne how he had amassed a $35,000 credit card debt with the Commonwealth Bank, and how his attempts to get…
DetailsRichard Elman, the 77-year-old founder and largest shareholder of Noble Group Ltd., quit due to “differences of opinion” with the firms board and creditors over its future, in a fresh blow to the trading houses attempts to push through a massive debt restructuring. The statement Friday came less than two hours after a regulatory filing…
DetailsTeachers, social workers and other public servants at risk of missing out on federal student loan forgiveness because they enrolled in the wrong repayment plan now have a shot at debt relief under the spending bill signed into law Friday. The sweeping $1.3 trillion bill includes a measure that temporarily expands Public Service Loan Forgiveness,…
DetailsTata Steel on Friday said it has accepted the letter of intent for the sale of Bhushan Steel for an undisclosed amount. According to industry sources, the Tata group firm is likely to pay Rs 352 billion in cash for the deal. However, there are likely to be hiccups since the National Company Law…
DetailsPrezzo restaurant group to close 94 outlets 23 March 2018 comments Image copyright Getty Images Creditors of restaurant group Prezzo have backed a restructuring plan that will see it close 94 outlets – about a third of the chain. It is estimated the move could lead to 500 job losses. The chain, which is owned…
DetailsAscension is restructuring as it pursues a new strategic direction, hinting at transitioning from a hospital-oriented system to one that’s focused on outpatient care and telemedicine. That’s what the largest Catholic health system told its 165,000 employees early Friday morning via a video featuring Ascension President and CEO Anthony Tersigni that Modern Healthcare has exclusively…
DetailsImage copyright Getty Images Creditors of Italian restaurant business Prezzo have backed a restructuring plan that will see it close 94 outlets – about a third of the chain. It is estimated the move could lead to 500 job losses. The chain, which is owned by private equity firm TPG Capital, employs about 4,500 people.…
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