Image: Jordan Strauss/Invision/AP By Martha Tesema2016-09-13 15:34:20 UTC Want to do a good deed today without moving from your seat? It might be as simple as putting the 2002 hit “Hot In Herre” by Nelly on repeat for a couple hours. When news of the rapper’s financial woes from 2013 surfaced this week from TMZ,…
DetailsKEVIN STENT/FAIRFAX NZ Nicholas Jermyn on Willis Street,Wellington, was closed when the chain was placed into receivership in May. It is now in liquidation. Nicholas Jermyn, a high street retailer of business clothing, has been placed into liquidation. Founder Nick Harris announced the move in an email to customers. “We are a small family-run business…
DetailsNelly performing inAtlanta, Georgia in 2016. Paras Griffin/Getty Images Nelly, the St. Louis rapper, facial band-aid wearer and official party maker of your middle/high school dance owes the IRS a lot of money — $2.4 million dollars to be more exact. In an optimistic effort to help him out, fans are streaming his albums on…
DetailsGreek Government Deputy Prime Minister Giannis Dragasakis proposed sanctioning debt restrictions within the framework of the Greek Constitution. Taking part in the first conference of the sub-committee of Greek Parliaments Committee of Economic Affairs focused on debt and debt reduction, he said that the debt process will stretch beyond 2018 as it is unlikely that…
DetailsMichael Dell – Chairman and CEO, Dell Technologies Dell Technologies has taken its first step in restructuring its Australia and New Zealand management team, fresh from closing its multi-billion dollar merger of EMC. In APJ countries with both mature enterprise and commercial markets, including Australia and New Zealand, ARN can confirm that there will be…
DetailsShort-seller Jim Chanos said an announced $2.6 billion merger with SolarCity Corp. will make Tesla Motors Inc. a “walking insolvency.” The synergies are questionable at best,” Chanos, who founded hedge fund firm Kynikos Associates, said at the CNBC Institutional Investor Delivering Alpha Conference on Tuesday in New York. He estimated that the combined company, which will…
DetailsSept. 13, 2016 5:30 a.m. ET The industry warnings are urgent and often dire: The housing market could stall. Marriages are being postponed. Workers wont have the savings to retire. The nations food supply will be disrupted. They point to one threat: soaring student debt. A tripling of student debt over the past decade to…
Detailsleft to right CVR Global managing partner Richard Toone, with Southampton partners Simon Lowes and Matthew Fox INSOLVENCY and restructuring firm, CVR Global, has opened a new office in Southampton with a new senior partner appointment. Matthew Fox, partner at CVR Global, said: Were delighted to have opened the new office and to welcome Simon [Lowes]…
DetailsBusiness News Retail By Chris Cooke | Published on Tuesday 13 September 2016 HMV owner Hilco has responded to criticism from its former staff in Ireland, whose redundancy payments were further delayed last week when the Irish side of the entertainment retail group was put into liquidation. As previously reported, when Hilco bought HMV out…
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