“Ask Brianna” is a column from NerdWallet for 20-somethings or anyone else starting out. I’m here to help you manage your money, find a job and pay off student loans – all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to [email protected].
Q: My parents took out loans to pay for my college education and I feel guilty that th…
Read the full article at: http://www.dailymail.co.uk/wires/ap/article-4813030/Ask-Brianna-How-I-help-parents-pay-college-debt.html
The retail landscape has been undergoing a fundamental change. With digital transformation in shopping and consumers splurging online, store and mall traffic has been hit hard. As a result, most retailers, including big-box, are struggling to compete with e-commerce channels and are being forced to trim store count to focus more on an online model. Macy’s, Inc.M is not fully immune to these retail headwinds and therefore leaving no stone unturned to be back on growth trajectory.
This department store retailer announced the restructuring of its merchandising operations that includes combining of merchandising, planning and private brands divisions into one segment. Management cautioned that the restructur…
Read the full article at: http://www.nasdaq.com/article/will-macys-restructuring-plan-help-lift-stock-performance-cm835271
Considering the Jaypee fiasco, can RERA protect homebuyers when the company is undergoing insolvency proceedings? On the petition filed by IDBI bank, insolvency proceedings have commenced against Jaypee Infratech. Insolvency refers to a situation where the company is unable to repay its debt.
Jaypee Infratech Ltd. is the subsidiary company of Jaypee Group which is engaged in infrastructure projects and has developed the 165 kilometer long Yamuna Expressway, Wish Town project in sector 128 of NOIDA. Jaypee Infratech is under heavy debt of around Rs.8,000 crore. The company owes Rs. 526 crore to IDBI bank. Considering this, IDBI bank has filed a petition before National Company Law tribunal (NCLT) to initiate insolvency proceed…
Read the full article at: https://www.thebetterindia.com/112735/does-rera-have-power-over-companies-declared-insolvent/
Ex-racing driver who was probed by MPs over collapse of BHS now faces Pensions Regulator rap
DOMINIC Chappell purchased British high street chain BHS for £1 from Sir Philip Green in 2015 just over a year before its collapse with a multi-billion pensions black hole.
The 50-year-old former racing driver has been probed by MPs and the press, and in August 2017 the Pensions Regulator announced it would prosecute him over his handling of the debacle.
Who is Dominic Chappell?
Dominic Chappell was not widely known ahead of his purchase of BHS, but he…
Read the full article at: https://www.thesun.co.uk/news/2179857/dominic-chappell-bhs-pensions-philip-green/
The Advertising Standards Authority of South Africa (ASA) has undergone radical restructuring with a new acting CEO in place, major fundraising underway and various business rescue recommendations being implemented.
Gail Schimmel, advertising law specialist and acting CEO of the organisation since June, says the ASA had become removed from the industry and somewhat arrogant. It is my belief that the ASA is essentially a servant of the industry, and we are trying to rebuild relationships and reignite the feeling in industry that we belong to them, Schimmel told The Media Online.
Schimmel says a business rescue plan was accepted at the ASAs annual general meeting in April. Since then, a new board has been appointed; 14 peop…
Read the full article at: https://themediaonline.co.za/2017/08/asa-undergoes-radical-restructuring-ready-for-business/
With the news of a well-known building company facing insolvency move, Indian star cricketers MS Dhoni (former brand ambassador of the firm) and Harbhajan Singh faced flak from those who invested their money in the real estate firms projects.
Reports have emerged that the process of corporate insolvency resolution, under the Insolvency and Bankruptcy Code (IBC), is likely to be initiated against three Amrapali Group companies Noidas Silicon City, Greater Noida-based Ultra Home Construction and Amrapali Infrastructure on a plea from Bank of Baroda.
The move is likely to affect thousands of home buyers, according to the report.
The affected parties vented their anger on Twitter against Dhoni and Harbhajan. While Dhoni did not respond to t…
Read the full article at: http://www.hindustantimes.com/cricket/ms-dhoni-harbhajan-singh-face-ire-from-home-buyers-after-real-estate-firm-goes-under/story-u5GhxNdzL7Sw90odrJMwmL.html
The Amcor Limited (ASX: AMC) share price has edged higher today after the packaging company released its full-year results.
At the time of writing Amcor?s shares are up 0.5% to $16.07, bringing their year-to-date return to almost 8%.
Key takeaways from today?s result include:
Sales revenue down 3.4% to US$9.1 billion.
EBITDA up 2.7% to US$1,447 million (4.2% in constant currency)
Profit after tax up 4.5% to US$701.2 million (6.7% in constant currency)
Earnings per share of 60.6 US cents.
Annual dividend per share increased to 43 U.S. cents.
Overall I felt this was a solid result from the packaging company and can?t
The Amcor Limited (ASX: AMC) share price has edged higher today after the packaging company released its full-year…
Read the full article at: https://www.fool.com.au/2017/08/22/results-in-should-you-buy-amcor-limited-shares/