Deena Coster The company behind The Ugly Duck Restaurant and Bar in Fitzroy has been placed into liquidation. A New Plymouth establishment has been forced to close its doors. The Ugly Duck Restaurant and Bar in Fitzroy has stopped trading after it was put into liquidation on August 2. Jigga Limited, which trades as The Ugly Duck, was the…
Details— Published: Sunday, 7 August 2016 | Print | Disqus The big US banks are dead, as in giant hollow reeds. Such has been the Jackass refrain for eight straight years. They are insolvent monsters and destroyers of wealth and capital. They are massive criminal enterprises. Events prove the case well. The Too Big to…
Details. thinkstockphotos.com Some 59 Denver employees of Integra Telecom Holdings Inc. have been laid off as part of a split of the telecom into two businesses. … Read the full article at: http://www.bizjournals.com/denver/news/2016/08/06/telecom-lays-off-denver-workers-in-company.html
DetailsI recently received a bit of news that seemed to come like a bolt of lightning straight out of the blue sky: a sentence by the Court of Pesaro, Italy, declared that Benelli motorcycles was insolvent, the first step into bankruptcy. I had to dig into it and double check to believe it for myself.…
DetailsOur Olympic athletes bring us great pride and joy, but they dont actually pay back the AIS for any of the money we invest in them, even when they make the big bucks from sponsors. Picture: Matt King/Getty Images for Adidas WHEN Australias Olympic team entered the stadium in Rio in Saturdays Opening Ceremony, it…
DetailsTheres a horse named inflation. This horse is flat on its stomach, with legs spreadeagle. Every three days for the past nine years, one of the worlds central bankers dresses up as a jockey. They mount the horse and flog it with the whip marked lower interest rates. On Tuesday, our resident jockey, Glenn Stevens,…
DetailsFormer rugby league star and property mogul Jarrod McCracken has been referred to authorities for allegedly failing to declare his income and travelling overseas while bankrupt. No charges have been laid against Mr McCracken, but both alleged offences would carry potential jail terms. Mr McCracken was declared bankrupt in 2013 with $20 million…
DetailsAugust 05, 2016 8:45 a.m. Updated By Ma Jie and Masatsugu HorieBloomberg Takata Corp., the airbag maker behind the biggest automotive recall, said quarterly profit plunged by a third as the supplier drafted restructuring plans in the face of billions of dollars in potential costs related to its defective safety products. Net income fell to…
Details©Bloomberg Goldman Sachs has said the UKs vote to leave the EU could force it to restructure some of its UK operations, in one of the clearest signs from a major Wall Street institution that is preparing specific measures following the landmark vote. In a US regulatory filing on Thursday, Goldman which employs about 5,500…
DetailsWhen I started getting calls from debt collectors more than 10 years ago, I assured them repeatedly that they had the wrong guy. The Steve Rosen they were looking for, who had past-due student loans, credit card debts, and was behind on child support payments, had a different middle name and lived at various times…
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