Lilium Aerospace, a prominent player in the burgeoning electric vertical take-off and landing (eVTOL) industry, has once again found itself in turbulent skies. The company has now filed for insolvency for the second time. This latest filing comes amid financial setbacks after a promise of funding support failed to materialize. Lilium becomes the latest casualty…
(© Justin – stock.adobe.com) The Employer Participation in Repayment Act is bipartisan legislation to help Americans tackle their student loan debt. The bill, introduced today by U.S. Sens. Mark R. Warner of Virginia and John Thune of South Dakota, alongside U.S. Reps. Nicole Malliotakis of New York and Scott Peters of California, would permanently make…
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TEMPO.CO, Jakarta – The Sritex bankruptcy liquidators could not work properly to recover loans owed to creditors. There were threats from senior police officers. THE protracted bankruptcy proceedings of Sri Rejeki Isman, or Sritex, a company with 50,000 employees, are the result of government interference. The plan to save the integrated textile company through a…
Satellite internet provider Brdy, which offered a mix of satellite and wireless (5G) broadband solutions to rural parts of the UK, appears to be in difficulty after customers of the service started reporting a lack of support and connection problems. Shortly after that, the same users noted how their accounts had been taken over by…
PM warned over ‘Monopoly money’ giveaways The Australian Read the original article here
The number of people seeking help from the National Debt Helpline increased 12 per cent in 2024. Photo: Dan Peled/AAP PHOTOS Inflation may be easing but Australians are still acutely feeling the effects of higher prices, with a substantial increase in people seeking financial help. More than 169,000 people sought help from the National Debt…
Chicago, IL-(Effingham Radio)- Illinois is touting a growing amount of medical debt relief in the state. The Illinois Medical Debt Relief Program has abolished more than 220-million-dollars in medical debt for another 170-thousand individuals statewide. The average amount of debt abolished per person during this round is nearly 13-hundred-dollars. That brings the program’s total erased…
Equity Commonwealth, a real estate investment trust (REIT), has released its Form 10-K report for the fiscal year ending December 31, 2024. The report provides a comprehensive overview of the company’s financial performance, business operations, strategic initiatives, and the challenges faced during its ongoing liquidation process. The company has been focused on winding down its operations…
The Longniddry Christian Aid Committee hosted Douglas Alexander, Lothian East MP, and Martin Whitfield, South Scotland MSP, at their ‘Breaking Bread’ event at Longniddry Parish Church. The event is part of a nationwide initiative by Christian Aid, allowing MPs to meet local Christian Aid teams and constituents. The main topic of discussion was the global…