The fight over the debt ceiling has the potential to tank the U.S. economy—here’s what it means – CNBC

Politicians in Congress are currently in a staredown over the debt ceiling. Lawmakers must reach an agreement soon to allow the government to meet its payment obligations for Social Security, tax credits and military salaries, among other items. Treasury Secretary Janet Yellen warned that the Treasury will likely run out of ways to pay its…

John Elliott obituary: the businessman and Carlton president once touted as a future Australian PM – The Guardian Australia

John Elliotts life was a business, sporting and political roller-coaster. The larger-than-life character, who many Liberals once touted as a future Australias prime minister, built and lost a mighty business empire and led the Carlton football club through good times and bad. The gravel-voiced and aggressive chain smoker could be offensive, at least to those…

Avacade directors banned after pocketing £1.4m ahead of insolvency – FT Adviser

The directors behind Avacade have each received six-year directorship disqualifications after the Insolvency Service found they had paid themselves 1.4m during a tax investigation. Craig Lummis and his son, Lee Lummis,were banned by Judge Halliwell in Manchesters High Court on August 27, due to the fact they repaid themselves 1.37m despite their company being under…

No evidence found that San Jose Sharks forward Evander Kane bet on NHL games; league considers this ‘specific matter closed’ – ESPN Australia

11:22 PM GMT The NHL has completed its gambling investigation into Evander Kane, saying Wednesday that it found no evidence that the San Jose Sharks forward bet on NHL games. The investigation, which was conducted by Patterson Belknap Webb & Tyler LLP, in conjunction with NHL Security, was spurred by allegations in social media posts…

B. Riley Strengthens Restructuring Division with Three Senior Hires – Yahoo Finance

John Sordillo, Jeffrey Truitt and Tim Hannon join B. Riley to support growing demand for complex financial management and restructuring services LOS ANGELES, Sept. 23, 2021 /PRNewswire/ — B. Riley Financial (NASDAQ: RILY) (“B. Riley”) today announced continued growth in its restructuring division with the addition of three new senior executives. John Sordillo, Jeffrey Truitt…