BENGALURU: Logistics firm GoJavas, which has suspended operations amid an impasse in its sale talks with Snapdeal, is considering an organisational overhaul involving layoffs and a restructuring of its business model, according to two people aware of the developments. The GoJavas management is discussing a proposal to switch to a franchisee business model wherein the…
ANZ chief executive, Shayne Elliott, has confirmed that the bank’s restructuring project is a work in progress at the same time as releasing a trading update revealing a three per cent decline in adjusted cash profit of $4.3 billion. The trading update for the nine months to 30 June, 2016, declared that profits before provisions…
Former president and CEO of Southeastern Stud & Components. Inc. was found guilty in Mat of lying to the bankruptcy court about how he paid off a $100K gambling debt Former business owner Kennon Whaley was sentenced to six years for bankruptcy fraud.(Photo: Wavebreakmedia Ltd, Getty Images/Wavebreak Media) Kennon Whaley will spend six years in…
Celebrities seem like they have it all fame, friends, a fabulous life and fortune. But then again, some stars do end up with no money. Its hard to have too much sympathy though, especially when you consider the difference between celebrity broke and real broke. So, we dont feel too bad about these A-listers that have blown…
Kirsten Buccigrossi graduated in 2010 with $32,000 in student debt spread out over 13 loans. When she tried to lease a car five years later, she discovered the number of loans was hurting her credit score. Ms. Buccigrossi, a sales and marketing administrator for a yacht company in Michigan, earns a salary plus commissions. She…
Richmond president Peggy ONeal spoke passionately pre-match on Friday night about her unwavering commitment to the Club. Below is a transcript of Peggys speech. There are two things that I’d like to talk to you about tonight. First is football. To say season 2016 has been disappointing would be an understatement. We expected better than…
Kerry Johnson It is, admittedly, kind of a funny story. A guy goes into a casino at 10 in the morning and starts playing blackjack. Maybe he hits a losing streak. A few hours later, he saves his seat at the table, leaves the casino, robs a bank, returns to the casino, regains his seat…