Nathan Tinkler has been fighting since mid-last year to stave off the bankruptcy claim from GE Commercial. Photo: Getty Images Hard on the heels of attempts to revive his coal industry credentials, controversial businessman Nathan Tinkler has been declared bankrupt over funds owed from the sale of his luxury private jet, although the ruling has been stayed…
Some employers lend workers a hand paying off their student loans. Photo by Margaret Lampert Charlie Donovan (pictured) can start saving for other goals. As the job market continues to tighten, employers are facing stiff competition to attract and retain the best talent. To appeal to the droves of workers balancing student loan payments with…
Comments Print /License AA Insolvent Danier Leather Inc. generated interest from 33 companies last year about possibly acquiring the retailer or providing it with much-needed capital, but no formal offer emerged. At the same time, the financial performance of the 84-store chain continued to decline and its internal financial forecasts were repeatedly revised downward, Brent…
Melbourne Cup winner Prince of Penzance hits the line with a lead that Tabcorp could only dream of. Justin McManus Tabcorp had a slightly better December half, once significant items were filtered out, but the real story in the gambling industry is competition. First, though, let’s look at Tabcorp (TAH). In FY15 Tabcorp’s profit was…
Gambling chips stacked around roulette wheel on gaming table(Photo: Michael Blann, Getty Images) They steal from family members and employers. They max-out multiple credit cards and write bad checks. They lie to family members and friends to hide the painful truth. They are Wisconsins compulsive gamblers, and many of them have paid a steep price…
Terrence Horan/MarketWatch Dear Moneyologist, My 32-year-old brother recently took a job in Des Moines, Iowa, where I currently live. I said he could move in with me until he found a good place for himself. Since he has moved in I found out tha… Read the full article at: http://www.marketwatch.com/story/should-i-pay-my-brothers-20000-taxes-and-credit-card-gambling-debt-2016-02-08
One of the big bads from the 1980s is starting to emerge again in Alberta. Jingle mail the act of walking away from an underwater mortgage by mailing your keys back to the bank is a peculiarity of the Alberta residential market and an act of desperation. However, a combination of high debt and lost jobs make it an option…
A director caused more than £250,000 of stock to be transferred from a failing company to another business of which he was also a director. The move, by Christopher Lister, of GMS Stone Supplies Ltd, meant creditors, including the HMRC, who were owed more than £170,000, lost out…
Hamburg-based Hansa Heavy Lift (HHL), which specializes in super heavy lift, heavy lift and project cargo, says it is looking to step up its involvement in the offshore industry with a particular focus on transportation and installation (T&I) in the subsea oil and gas market as well as the offshore windfarm sector. Wholly owned by…
Russia’s central bank said Monday it had revoked the licenses of two more banks as part of government efforts to consolidate the sector as economic troubles mount. Russia’s 67th lender by assets, Intercommerz had failed to adequately assess risks despite the poor quality of its assets, the central bank said. “At the same time…