Its become so common for parents to take on debt to finance their kids education that employers may soon be offering to pay those loans off. Tuition.io, a company that helps employers manage their student loan repayment programs, launched a platform Tuesday that firms can use to help pay off their workers Parent PLUS loans,…
DetailsTORONTO (miningweekly.com) Managing and reducing debt levels can be a balancing act, but it is high on the priority lists of major diversified miners Freeport McMoRan and Vale, the companies confirmed in Tuesday. Addressing the Bank of America Merrill Lynch 2016 global metals, mining and steel conference, Freeport president and CEO Richard Adkerson advised that…
DetailsA court declared Czech hard coal miner OKD bankrupt on May 9. The move leaves creditors two months to file claims, with a meeting set for August 10. Meanwhile, the future of the companys 13,000 or so employees rests with the state, with the court saying OKD could be broken up or restructured. New World…
DetailsThe Association is of the belief that an effective law on corporate insolvency would enable companies to fall on options to recuperate rather than closing the company, as is the common prescription under the countrys current laws. Jacob Saah, the Executive Secretary of GARIA Mr. Jacob Saah, the Executive Secretary of GARIA made the call…
DetailsFashion designer to the stars, Johanna Johnson, is struggling to sweep staff salary issues that led her enterprise into liquidation under the red carpet (Source: A Current Affair) Embattled fashion designer Johanna Johnson has registered a new company despite her old business being in liquidation and her employees claiming theyre owed tens of thousands of…
DetailsSAN JUAN, Puerto Rico (AP) Treasury Secretary Jacob Lew got a first-hand look at the humanitarian impact of Puerto Rico’s $70 billion debt crisis Monday, touring an elementary school struggling with limited electricity and a hospital unable to provide some basic services to infants. “It can only get worse,” Lew told reporters as he toured…
DetailsSAN JUAN, Puerto Rico (AP) Treasury Secretary Jacob Lew got a first-hand look at the humanitarian impact of Puerto Rico’s $70 billion debt crisis Monday, touring an elementary school struggling with limited electricity and a hospital unable to provide some basic services to infants. “It can only get worse,” Lew told reporters as he toured…
DetailsA Queensland training college with four campuses has collapsed into voluntary administration. College of Australian Training called in external managers late last week, with Sam Kaso and Daniel Juratowitch from Cor Cordis appointed joint voluntary administrators. College of Australian Training has campuses in Townsville, Cairns, Maroochydore and the Gold Coast. The college offers nationally recognised…
DetailsPresumptive Republican presidential nominee Donald Trump will hold a rally to help rival-turned-support Chris Christie pay off his campaign debts, according to an invitation posted online. The rally, scheduled for May 10, costs $200 per person and will be held in Lawrenceville, N.J. Christies campaign reported more than $400,000 in debts and around $287,000 in…
DetailsDonald Trump is hosting fundraisers to help Chris Christie with his debt. (Getty) Today, Donald Trump announced that he has chosen Chris Christie as his transition team chairman, a key role the early days of a Trump Presidency. Even more interesting, Trump has recently agreed to help Christie raise money to pay the back massive debt…
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