Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
I can guess that the deep state, the intelligence community, the parts of the government that never change – the intelligence community, the bankers, the military – I wouldn’t say threatened, but pressure American presidents, probably by scaring them into complying with the wishes of the deep state and the military industrial complex, because it happens over and over and over again.
We have the uniparty, a derogatory phrase to describe the areas where Republicans and Democrats agree, and war is one of them. We have been fighting the forever wars since the end of World War II. I don’t even know what the number is. But it’s rare that there’s been a time where there hasn’t been some war going on since 1945.
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Genetic Technologies ( (AU:GTG) ) just unveiled an update.
Genetic Technologies Limited has entered voluntary administration after failing to secure necessary capital and strategic partnerships, despite efforts to restructure and focus on US sales growth. The company has sold its geneType business to Rhythm Biosciences Limited for $625,000, a move that includes the transfer of intellectual property, assets, and employees, while administrators continue to explore options for the company’s future.
A Gore accountancy firm worker has pleaded guilty to siphoning more than $180k from a client’s bank account to cover his own gambling addiction and debts.
The man, whose name is suppressed, admitted the 12 charges of obtaining by deception between 2018-21 in the Gore District Court today.
The court heard the man worked for a firm in Gore and one of his jobs was providing accountancy services to the victim’s company, including the paying of accounts.
Between 2018-21 the police summary said the man transferred money from the victim’s business account to the man’s personal account.
The withdrawals were labelled in such a way that they mimicked invoices the victim had received from outside companies.
A Gore accountancy firm worker has pleaded guilty to siphoning more than $180k from a client’s bank account to cover his own gambling addiction and debts.
The man, whose name is suppressed, admitted the 12 charges of obtaining by deception between 2018-21 in the Gore District Court today.
The court heard the man worked for a firm in Gore and one of his jobs was providing accountancy services to the victim’s company, including the paying of accounts.
Between 2018-21 the police summary said the man transferred money from the victim’s business account to the man’s personal account.
The withdrawals were labelled in such a way that they mimicked invoices the victim had received from outside companies.
NZ-based premium appliance retailer and Narta member Kitchen Things and its distribution company Applico that exclusively supplies Smeg and ASKO products have gone into voluntary administration.
The business, created by Mark Jones in 1986 has most recently been managed by Mark’s daughter Rachael Louie.
Rachel Louie and Mark Jones
At one stage there were 16 Kitchen Things locations throughout New Zealand, however a number of stores have recently closed at Westgate, Whangarei, Palmerston North, Mount Eden, Kapiti and Botany.
The retailer continues to operate showrooms across the Auckland Region in North Shore, Newmarket, Mt Wellington and its Botany Outlet as well as other locations in Hamilton, Tauranga,…
The Kitchen Things appliance chain has gone into receivership. Photo: Google Maps
Kitchen Things group put into receivership
Losses mounted as weak consumer demand, competition hit sales
Twelve stores closed for now, may reopen if costs can be controlled
Buyers sought for some or all of business
A national kitchen appliance chain has gone into receivership because of weak consumer demand and tough competition.
The directors of the Kitchen Things group asked its bankers to call in the receivers as the business made continuing losses despite cost cutting and restructuring.
Receiver Stephen Keen of Grant Thornton said efforts to keep the chain going have not countered the drop in sales and shrinking margins.
In August 2025, Nebraska was on the verge of bankruptcy because of tariffs and labor shortages following immigration raids.
Rating:
Context
Nebraska must balance its budget every year, as required by the state constitution. In other words, it cannot have a debt, which means it cannot go bankrupt. However, Nebraska farmers have experienced uncertainty because of new…