The Canberra Railway Museum has shut its doors while it undertakes a restructure after falling more than half a million dollars in debt. The operation was struck by a series of blows after starting its own freight company to subsidise popular but expensive passenger trips on its heritage trains. The Canberra Railway Museum’s Garry Reynolds with some of the carriages…
DetailsWhen Rachel White had a big corporate job in finance, she thought nothing of blowing a couple of grand on clothes every weekend. White says she was dealing with underlying anxiety or tension, and she used shopping as retail therapy to “zone out” on a Saturday or in the evenings after work. Rachel White is…
DetailsOn Tuesday, a High Court hearing revealed that one man was charged a shocking 240 per cent annual interest on his loan by a licensed moneylender. Too high? Moneylenders and debt counsellors tell NG JUN SEN ([email protected]) that such rates were the norm before new rules kicked in last year It is a mathematics problem…
DetailsIn what may be construed as a political move to target dissenting voices of opposition leaders, the Lusaka High Court has virtually declared outspoken and volatile UPND lawyer bankrupt. The court has ordered that Mushipes property be repossessed in a matter where she failed to settle a loan. According to available court records, the High…
DetailsShane Heal has been charged with three counts of fraud. Photo: Getty Images Australian basketball champion and former Minnesota Timberwolves and San Antonio Spurs player Shane Heal has been charged with three count of fraud relating to an alleged $750,000 scam. Shane Heal represented Australia at four Olympic Games. Photo: Tim Clayton Mr Heal, famed…
DetailsSAN JOSE, Calif.–(BUSINESS WIRE)–OPTi, Inc. (the Company) (OTCBB:OPTI) announced today that its Board of Directors (Board) has declared a cash distribution of $0.6369 per share on the Companys stock pursuant to the Plan of Liquidation (the Plan) approved by the shareholders as disclosed on the Companys Form 8-K filed June 1, 2012. The Companys Board…
DetailsA police inspector accused of deceiving colleagues about a £100,000-plus debt has been sacked for gross misconduct. Jon Percival, 45, borrowed tens of thousands of pounds from friends and colleagues without telling them the full extent of his financial troubles, a disciplinary panel concluded. On Friday he was dismissed at the end of a four-day…
DetailsSAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today announced dividends on eleven series of preferred stock. A quarterly cash dividend of $20.00 per share was declared on its 8.00% non-cumulative perpetual class A preferred stock, Series J, liquidation preference $1,000 per share. This dividend equals $0.50 per depositary share, each representing a 1/40th interest…
DetailsShane Heal has been charged with three counts of fraud. Photo: Getty Images Australian basketball champion and former Minnesota Timberwolves and San Antonio Spurs player Shane Heal has been charged with three count of fraud relating to an alleged $750,000 scam. Shane Heal represented Australia at four Olympic Games. Photo: Tim Clayton Mr Heal, famed…
DetailsEditor’s note: Part 1 of ESPN’s future of sports betting series focused on the paths to legalization in the United States and what the resulting marketplace could look like. Part 2 looked at future bettors — humans and robots. Part 3 focuses on the pitfalls, or what could go wrong if sports betting is legalized.…
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