Bids for public contracts can be made by an individual firm, or by two or more unaffiliated entities. There are various reasons why operators decide to form a consortium. Consortium bids are common in large public contracts, when small and medium sized enterprises (SMEs) do not have the individual financial or technical capacity to undertake…
DetailsLas Vegas strip. Image source: Getty Images. The gambling industry has been an interesting place over the past few decades. The rise of Las Vegas, boom and bust of Atlantic City, recent unstable growth in Macau, and a changing consumer and economic landscape have led to volatility for companies such as Wynn Resorts (NASDAQ: WYNN)…
DetailsIN THE RED New research shows that Brits will carry an average of £636 in credit card debt into the new year ALMOST nine in ten credit card customers who are in the red will carry their debt into the new year, with the average person owing £636, new research shows. With credit card debt hitting…
DetailsFamous Las Vegas sports bettor Billy Walters scored a small win in his insider trading case this month as his scheduled March trial approaches. Federal prosecutors said that a FBI agent leaked confidential information to the press during the 2014 investigation into Walters, according to a report from The Wall Street Journal. He was charged…
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DetailsCORPUS CHRISTI - Each year, the holiday season is followed by a reminder of how much was spent on gifts and for many, it is a clear signal that some work may need to be done in order to get back on track. In fact, overspending in December can leave you in debt heading into…
DetailsBy Michal Lev-Ram Photograph by Wesley Mann December 27, 2016, 6:30 AM EST How a computer mogul and a private-equity rising star paved the way for the Dell-EMC merger. Everythings bigger in Texaseven the deals. Just ask Michael Dell, founder and CEO of his namesake company, once the largest PC maker in the country. In…
DetailsI took out a loan to build a house and during the build my father had a heart attack and had to undergo bypass surgery. He then needed continuous care until he died. I was the one to bear the cost of the hospitals and all the medicine; I had no option but to fund…
DetailsMajor policy initiatives and achievements of the Ministry of Corporate Affairs (MCA) Following are the major Policy Initiatives and Achievements of the Ministry of Corporate Affairs, Government of India during the Year-2016: 1. To review the Companies Act, 2013 based on implementation experience in line with changing economic environment and initiatives for addressing all…
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