Nicholas Jermyn placed into liquidation – New Zealand Herald

New Zealand retailer Nicholas Jermyn, which specialised in business attire and accessories, was family run for 10 years. Photo / iStock Retailer of business shirts Nicholas Jermyn has been placed into liquidation, with administrators saying workplaces becoming less formal and increased competition from online retailers led to its demise. The 10-year-old New Zealand retailer was…

Jim Chanos Calls Merged Tesla-SolarCity a ‘Walking Insolvency’ – Bloomberg

Short-seller Jim Chanos said an announced $2.6 billion merger with SolarCity Corp. will make Tesla Motors Inc. a “walking insolvency.” The synergies are questionable at best,” Chanos, who founded hedge fund firm Kynikos Associates, said at the CNBC Institutional Investor Delivering Alpha Conference on Tuesday in New York. He estimated that the combined company, which will…