Debt collection calls have increased by over 200% in the past year, with over 194,000 of them being reported as fraudulent or abusive and threatening, according to data from the Federal Trade Commission. Thomas Nitzsche, a financial educator at Money Management International, said the increase in reports of harassment from debt collectors could be linked…
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Companies Backing for JFE’s carbon-cutting electric furnace to offset private-sector loan risk JFE Steel’s Kurashi works in Japan is the planned site of a new electric-arc furnace. (Photo by Tomoki Mera) TOKYO — Japan plans to provide support for a low-emissions furnace at a steel subsidiary of JFE Holdings, guaranteeing up to 180 billion yen…
The Commercial Hotel in Omakau. Photo: ODT file. The company which was operating the Commercial Hotel in Omakau when it closed its doors in late 2023 has been placed in liquidation. Sole shareholder and director Jared Miller had taken over the lease of the complex — once voted best country hotel in New Zealand —…
The Commercial Hotel in Omakau. Photo: ODT file. The company which was operating the Commercial Hotel in Omakau when it closed its doors in late 2023 has been placed in liquidation. Sole shareholder and director Jared Miller had taken over the lease of the complex — once voted best country hotel in New Zealand —…
EchoStar Corporation and its affiliates have entered into a sweeping debt restructuring agreement with a large coalition of bondholders, a move the company says will substantially reduce its debt load and open new doors for potential mergers and acquisitions. This comes as DISH has hovered close to bankruptcy for years. This deal will help avoid…
A US mattress retailer has been forced into Chapter 7 bankruptcy liquidation, marking the end of the 38-year-old family-owned business. The decision follows the conversion of its earlier Chapter 11 filing after the company failed to present a viable restructuring plan. ©…
The company behind Lynx has entered liquidation proceedings ahead of launch of its upcoming Lynx-R2 XR headset, which is targeted at both consumers and enterprise. According to French court documents, SL Process, the company behind Lynx, has officially entered judicial liquidation following a ruling by the Economic Activities Court of Nanterre, France. The legal notice was…
Medicinal cannabis start-up in liquidation after ‘making no repayments’ on $314,000 Government loan The Press Read the original article here
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