Updated May 17, 2016 2:41 p.m. ET Novartis AG NVS 0.11 % said its head of pharmaceuticals, David Epstein, is to leave the company amid a restructuring that will split his role in two. The Basel, Switzerland-based drug giant said Mr. Epstein, who is American, had decided to leave the company to explore new challenges…
DetailsIn just a few days, thousands of young adults will receive their college diploma, a firm handshake and a few last words of wisdom before they set off to achieve the American Dream. But for many, those dreams are often put on hold because of staggering student loan debt. … Read the full article at:…
DetailsA dispute between western Sydney factory workers over who is entitled a $40 million Powerball jackpot is heading to court today, amid claims a syndicate member was left out to make way for the organiser’s son. The group, which bought the winning ticket in Campbelltown “on a whim” earlier this month, was jumping for joy…
DetailsATHENS Greece expects euro zone finance ministers to focus on short- and medium-term debt relief for Athens when they meet on May 24, government spokeswoman Olga Gerovasili said on Tuesday. Finance ministers from the shared currency bloc are expected to assess next week whether Greece qualifies for new bailout loans and to discuss debt restructuring.…
DetailsBauchi State governor, Mohammed Abdullahi Abubakar has asked the leadership of the Nigerian Labour Congress, NLC, and related organizations in the country to support the presidency for taking a bold step to transform the economy and shun their plans to embark on strike over the removal of fuel subsidy. The governor pointed out that the…
Details©EPA A record number of solvent companies were liquidated in March because of directors rushing to cash in before rule changes that some feared would more than triple their tax bills. Since the start of April, directors winding up a solvent company can no longer claim entrepreneurs relief on capital gains a tax rate of…
DetailsGreek Prime Minister Alexis Tsipras (C) and government spokeswoman Olga Gerovasili arrive for the swearing-in ceremony of his government at the Presidential Palace in Athens, Greece, September 23, 2015. Reuters/Alkis Konstantinidis Greece expects euro zone finance ministers to focus on short- and medium-term debt relief for Athens when they meet on May 24, government spokeswoman…
DetailsBy Dani Kass Law360, New York (May 13, 2016, 6:28 PM ET) — A married couple the Federal Trade Commission accused of running businesses that claimed to help people relieve their student debt and mortgages but then didnt follow through or return upfront fees were hit with a suspended $2.3 million judgement and ordered to…
DetailsUpdated May 17, 2016 3:28 a.m. ET BERLINThe International Monetary Fund is pressing the eurozone to let Greece skip paying interest or principal on bailout loans until 2040, say officials familiar with the talks. The IMF wants the loans to Greece to fall due gradually in the following decades, and as late as 2080, according…
DetailsPrisoners are clocking up debt from behind bars and are often unaware they have a gambling problem. A new pilot scheme will target gambling in prisons to reduce rates of reoffending and standover tactics behind bars. The Problem Gambling Foundation is preparing to roll out a pilot program across three Canterbury prisons. Remand residents would have…
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