Leonard Postrado July 19, 2016 As the U.S gambling industry starts to evolve due to the introduction of bills aim to regulate other forms of gambling, credit debt watcher Fitch Ratings sounded alarm bells that such progress will come with a hefty price. Fitch warned that Atlantic City casinos will feel the full brunt of…
Jul 19, 2016 1:19 pm ET The White House just released a big report on student debt that contains all the familiar horrors about for-profit schools, indebted dropouts and students defaulting on their loans. But it has an interesting conclusion: That growing stack of $1.3 trillion in st… Read the full article at: http://blogs.wsj.com/economics/2016/07/19/student-debt-helps-not-harms-the-u-s-economy-white-house-says/
Latest News Valence Industries, owner of the Uley graphite mine south west of Port Lincoln, has entered voluntary administration after failing to raise capital. The company suspended trading in November, and in December, ceased production at the Uley site. It required $7 million in capex and up to $5 million in working capital to recommence…
Former Fianna Fáil TD Colm Keaveney became bankrupt, owing more than 1.23 million, after his creditors rejected a personal insolvency arrangement, court documents show. The bankruptcy documents show he sought to make a personal insolvency arrangement earlier this year, under which repayments of unsecured and secured debts, including mortgages, can be agreed with creditors. But…
Image: Jim Cooke/Getty Who ultimately inserted Michelle Obamas words into Melania Trumps convention speech? At the root, there can only be two options: Melania herself. A speechwriter. http://gawker.com/melania-trump- The first would be more understandable. If Melania had asked to write the speech herselfas she said she didyou could see how she might have looked over…
Lavan Legal has appointed Claire Petersen as a partner in its reconstruction, recovery and insolvency team. Carmen Boothman, Vince Bradley, Benn Wallace, Matthew Wilson, and Jennifer Woodford have been appointed associates. Commercial real estate firm CBRE has appointed Jack Divitini as manager in its Perth advisory and transaction services, industrial and logistics team. Mr Divitini…
EDCON announced on Monday that it was bidding farewell to some members of its executive management team, and introducing new ones, amid a restructuring of operations. The retailer said Urin Ferndale had been appointed CE of the Jet division. Ferndale replaces Andy Williams, who the company said would return to England for family reasons. Edcon…
The White House just released a big report on student debt that contains all the familiar horrors about for-profit schools, indebted dropouts and students defaulting on their loans. But it has an interesting conclusion: That growing stack of $1.3 trillion in student debt is helping, not hurting, the U.S. economy. That conclusion is sure to…
BusinessPosted at: Jul 20, 2016, 12:50 AM; last updated: Jul 20, 2016, 12:50 AM (IST)No takers for properties in region Also in this section Vijay C Roy Tribune News Service Chandigarh, July 19 The slump in the real estate sector has cast shadow over the liquidation of assets of defaulting industrial units…
PHILADELPHIA–(BUSINESS WIRE)–Versa Capital Management, LLC (Versa) is pleased to announce today the formation of Eastern Outfitters, LLC, which will continue the restructured and recapitalized operations of Eastern Mountain Sports (EMS) and Bobs Stores (Bobs). EMS and Bobs will operate as business units of Eastern Outfitters, LLC, a new holding company with over $400 million in…