A few years ago, California’s state government and its cities were flush with cash as the feds dumped $600 billion in stimulus funds into the state. Like all good parties, this one couldn’t go on forever. As the spigot closed, inflation spiked (gee, maybe there’s a connection?) and the economy slowed, the state budget went from a whopping surplus to stubborn deficits. Cities struggle to balance their budgets.
Media attention has focused on the travails of big cities such as Los Angeles, but smaller cities might be the canaries in the coal mine. Enter the city of Orange. Last year, the city faced a $19 million deficit—quite astounding for a city with revenues of around $145 million. Like most big-spending officials, the…
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Gambling is a phenomenon. A phone buzz will likely be a betting app notification, while your social media feed is flooded with betting ads. There’s a thin line between enjoying a gambling experience and falling into gambling addiction with all these distractions around.
It’s why jurisdictions like the UK regulate gambling sites to avoid rising cases of problem gambling. However, ardent gamblers are finding ways around this loophole through the non GamStop casinos that operate outside the UK’s jurisdiction. Hence, it becomes a personal initiative to regulate one’s gambling habits to avoid falling into addiction.
Gambling seems harmless, fun to pass the time, and to test your luck….
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From boom to bust: Tech start-up leaves creditors $5m out of pocket thepost.co.nz
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Charity group raises $23.5K in medical debt relief for Northern Michigan WLNS 6 News
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SPAL have been officially declared bankrupt today as the club disappears from Italian football.
After victory a few months ago in a Serie C relegation playoff, the former Serie A side failed to register for the new season back in June and now, after a judicial hearing, the club have been declared bankrupt.
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Gazzetta are reporting that despite ‘numerous attempts to find concrete solutions that could ensure the continuity of the sporting and corporate project’, no solution was found and now the club ceases to exist.
FERRARA, ITALY – JULY 26: General view of the stadium prior the Serie A match between SPAL and Torino FC at Stadio Paolo Mazza on July 26, 2020 in Ferrara, Italy. (Photo by Gabriele Maltinti/Getty Images)
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SPAL have been officially declared bankrupt today as the club disappears from Italian football.
After victory a few months ago in a Serie C relegation playoff, the former Serie A side failed to register for the new season back in June and now, after a judicial hearing, the club have been declared bankrupt.
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Gazzetta are reporting that despite ‘numerous attempts to find concrete solutions that could ensure the continuity of the sporting and corporate project’, no solution was found and now the club ceases to exist.
FERRARA, ITALY – JULY 26: General view of the stadium prior the Serie A match between SPAL and Torino FC at Stadio Paolo Mazza on July 26, 2020 in Ferrara, Italy. (Photo by Gabriele Maltinti/Getty Images)
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FERRARA, ITALY – JULY 26: General view during the Serie A match between SPAL and Torino FC at Stadio Paolo Mazza on July 26, 2020 in Ferrara, Italy. (Photo by Gabriele Maltinti/Getty Images)
SPAL have been officially declared bankrupt today as the club disappears from Italian football.
After victory a few months ago in a Serie C relegation playoff, the former Serie A side failed to register for the new season back in June and now, after a judicial hearing, the club have been declared bankrupt.
Gazzetta are reporting that despite ‘numerous attempts to find concrete solutions that could ensure the continuity of the sporting and corporate project’, no solution was found and…
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06 Aug, 2025
New Delhi | August 6, 2025
In a crucial interpretation of the Insolvency and Bankruptcy Code, the Supreme Court of India has ruled that the moratorium imposed during insolvency proceedings does not restrict a corporate debtor from voluntarily handing over possession of leased property to the lessor—provided it is done with approval from the Committee of Creditors (CoC).
The ruling comes in response to a legal dispute where a resolution professional, with the CoC’s backing,…
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Kulbarg Singh has been banned as a director after selling £1.5 million worth of assets for under £500,000 to another company which he also controlled
The sales in 2021 included seven historic cars – including three Rolls Royces
Singh’s disqualification means he cannot direct any company until 2031
A Staffordshire businessman who sold seven historic cars including two Jaguars and three Rolls-Royces for just £1 to another company he also controlled has been banned as a director.
Kulbarg Singh, 62, was the director of Aldridge Construction Engineering Ltd when he entered into an asset purchase agreement with Ace Earth Solutions Ltd in 2021.
At least £1.5 million of company assets were…
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Last year about one in three Americans carried medical debt, and nearly one third of them took out loans — totaling 74 billion dollars. We hear about ‘Dollar For’ – a non profit that teaches people how to eliminate medical debt by accessing financial assistance hospitals are legally required to provide. We talk with founder Jared Walker, and Sally Kervin and Nayano Taylor-Neumann, two Marylanders who had their medical debt erased.