By Joseph White and Ju-min Park GM will shut a South Korean plant, more cuts could follow DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy.…
DetailsGeneral Motors said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks, amid ongoing talks with…
DetailsWritten by Alyssa Rege | February 12, 2018 | Print | Email Seven of the 49 individuals laid off by Marietta, Ga.-based WellStar Health System last month held vice president or senior vice president roles within the 11-hospital system, according to the Cobb Business Journal. Here are six things to know about the executive layoffs. 1. Keith…
DetailsSPECIAL REPORT: Deadbeat parents shown how to “legally” avoid child support WITH more than 1200 Mackay parents struggling to meet their financial obligations for their kids, experts are pressuring the Turnbull Government to overhaul the much-maligned child support system. Exclusive data obtained by NewsRegional shows 4411 Mackay residents should be paying child support but 28…
DetailsROCKHAMPTON civil and minesite construction company Busby Contracting Pty Ltd has gone into voluntary liquidation owing more than $2 million to creditors, employees and the tax office. The decision to wind the company up came at a general meeting held in Brisbane on February 5. Busby Contracting Pty Ltd had been involved in mines including…
DetailsPayday loans were a growing factor in personal insolvencies in Ontario for the sixth consecutive year in 2017, despite recent provincial regulatory changes to curb borrowing rates and improve disclosures by lenders. A review of 3,500 insolvency cases by insolvency trustee firm Hoyes Michalos found 31 per cent of people who made insolvency filings in…
DetailsROCKHAMPTON civil and minesite construction company Busby Contracting Pty Ltd has gone into voluntary liquidation owing more than $2 million to creditors, employees and the tax office. The decision to wind the company up came at a general meeting held in Brisbane on February 5. Busby Contracting Pty Ltd had been involved in mines including…
DetailsROCKHAMPTON civil and minesite construction company Busby Contracting Pty Ltd has gone into voluntary liquidation owing more than $2 million to creditors, employees and the tax office. The decision to wind the company up came at a general meeting held in Brisbane on February 5. Busby Contracting Pty Ltd had been involved in mines including…
DetailsFamily law issues Wife not permitted to advance equalization of property claim after having declared bankruptcy Parties entered into minutes of settlement that provided husband would assume ownership of matrimonial home as well as related debts and expenses, and pay wife $40,000 in exchange for release of her property division and spousal support claims. Following…
DetailsRoyal Bank of Scotland MPs minded to publish widely leaked FCA report which details banks endemic mistreatment of customers Operations by RBSs Global Restructuring Group is at the centre of the scandal. Photograph: Andy Rain/EPA A confidential report into Royal Bank of Scotland is set to be published by MPs after it was widely leaked,…
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