Online gaming operator Rivalry has concluded its strategic review after completing a private placement and a debt settlement agreement.

In April, the company began a probe of its operations, looking to ensure it was “best positioned for continued growth and innovation.”

The company’s targets were cost optimisation and activating a “controlled growth strategy.”

In an update on Monday, Rivalry said its private placement will provide aggregate gross proceeds of CA$4.1m. It is expected to close in one or more tranches, with the first expected to close on or about October 8.

Rivalry said it will…

MIDLAND, Texas (KOSA) – It’s a problem that often goes unnoticed. Students are unable to pay for lunch or go into debt over a basic need.

But one Midland man is stepping up to change that with his new “Food First” campaign making sure no child should be hungry at school.

Over the past five years, Karl Boroski and his team at R.O.P.E Youth have fed over 60,000 youth in Midland, but when kids go back to school, some are unable to receive the same lunch as others due to debt.

That’s when he started his “Food First” initiative for all schools.

Karl Boroski, Founder and Executive Director of R.O.P.E Youth, said “Some of our volunteers were wondering why some of the kids had a regular lunch and some of the kids had a cheese…

CINCINNATI (WKRC) – Cincinnati leaders on Monday announced the results of a pilot medical debt relief program that has significantly impacted nearly one-third of the city’s population.

The initiative, part of Mayor Aftab Pureval’s Financial Freedom Blueprint, aimed to address the city’s wealth gap by eliminating medical debt. The city allocated $1.45 million to the program, which successfully paid off nearly $220 million in medical debt citywide.

Lois Faye of Westwood expressed her relief upon learning that her $2,500 medical debt had been forgiven.

“Do you know that was like a stack of bricks lifted off my shoulders because it was affecting my credit? And also, it was affecting me mentally because I couldn’t sleep,” said Faye.

The…

Rumors began circulating on Reddit three days ago that YT Industries had moved from bankruptcy to the liquidation phase. This morning, an ambiguous article published by Enduro Mountain Bike Magazine claimed “YT shuts its doors.” However, in a statement to Pinkbike from founder and CEO Markus Flossman, the situation is more complicated.

How did we get here?

In July, YT Industries announced that the company was entering into a “self-administrated legal restructure” after struggling to secure additional funding. The company’s troubles began during the COVID pandemic when, like many bike brands, YT struggled to balance supply and demand.

According to Flossman, “a key supplier failed us with…

For many Americans, debt isn’t just a balance on a screen—it’s a daily weight. In a 2025 survey by financial services company JG Wentworth, it was found that nearly half of respondents worry about debt daily, worn down by high interest rates, mounting minimum payments and the fear of falling behind.

For those who feel like they’re running in place despite making payments, that’s where a debt management plan, or DMP, can step in. Instead of juggling a handful of separate bills, you make one predictable monthly payment, usually over three to five years,…

CINCINNATI (WXIX) – Cincinnati officials gathered Monday to announce that more than 100,000 residents have had medical debt erased as a part of the city’s Medical Debt Relief Program, according to the Office of the Mayor.

City leaders announced in a news release that nearly $220 million in debt has been relieved for 119,357 individuals in the Cincinnati area with the assistance of Cincinnati’s $1.45 million investment in the program.

“This is not just a significant step toward dismantling the barriers that have contributed to the wealth gap in Cincinnati. It is a collaboration that has helped change the lives of local families on a deeply personal, human level,” Mayor Aftab Pureval said in a statement.

The Cincinnati Medical Debt…

Key points

In Re CEFC Shanghai International Group Limited (HCMP 2295/2019) (“Decision“), the Hong Kong court has for the first time granted recognition and assistance to bankruptcy administrators appointed for a company in insolvency proceedings in mainland China (“Mainland”).

The Decision will have a significant impact on insolvency cases spanning the Mainland and Hong Kong (and elsewhere). Given the size of the Mainland economy and the international scope of many Mainland enterprises, we can expect to see an increasing number of applications for recognition and assistance by Mainland insolvency officeholders in Hong Kong and other jurisdictions.

In connection with the Decision, however, the Hong Kong court signalled that it…

Pittsburgh-Based Company Emerges as Leading Destination for High-Value Liquidation Pallets, Offering Unprecedented Access to Brand-Name Merchandise
PITTSBURGH, PA – In a significant expansion that’s reshaping the wholesale liquidation landscape, Pallet Liquidation Kings has announced a dramatic increase in their premium inventory offerings, establishing themselves as the nation’s premier destination for liquidation pallets [https://palletliquidationkings.com/] and wholesale merchandise opportunities.

With over a decade of industry expertise, the Pittsburgh-based company has transformed from a regional supplier into a nationwide powerhouse, now offering an unprecedented selection of brand-name Amazon…