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Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease its $4.3 billion debt load, Bloomberg reported on Monday, citing people familiar with the matter......»»

Category: topSource: reutersMar 23rd, 2020

Juul raises more than $700 million in convertible debt to fund operations: WSJ

E-cigarette maker Juul Labs Inc. has raised more than $700 million in convertible debt to fund its operations, as it struggles with regulatory and legal challenges, the Wall Street Journal reported Thursday, citing people familiar with t.....»»

Category: topSource: marketwatchFeb 6th, 2020

Millennials might be mired in debt, not saving for retirement, and delaying medical care, but there are 5 things you can do now to buck the trend

Westend61/Getty After coming of age during the Great Recession, millennials are facing a unique set of financial struggles.  Using findings from Insider and Morning Consult's latest survey on America.....»»

Category: topSource: businessinsiderNov 10th, 2019

Opinion: Student debt is shrinking, but struggles remain

Mike Brown is a research analyst at LendEdu, a marketplace for student loans and student loan refinancing......»»

Category: topSource: bizjournalsNov 8th, 2019

Market Extra: Credit Suisse and Citigroup join other major banks in mortgage bond revival, with a twist

It is taken a decade, but Credit Suisse and Citigroup, are back to creating mortgage bonds out of debt to homeowners with less-than-spotless credit, this time dubbed ‘non-qualified’ loans.....»»

Category: topSource: marketwatchAug 20th, 2019

Soon more borrowers will be able to use vacation days to pay off student-loan debt

It’s an added twist to an increasingly popular employee benefit......»»

Category: topSource: marketwatchMay 16th, 2019

India"s Jet grounds three-fourths of fleet as it awaits bailout funds

India's Jet Airways has been forced to ground more than three quarters of its fleet after failing to pay lessors, as the debt-laden carrier struggles to secure bailout funds promised by state-run banks......»»

Category: topSource: reutersApr 3rd, 2019

Jet Airways now operating only 41 aircraft, could reduce further: regulator

India's aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalize a rescue deal with lenders and its major shareholder Etihad Airways......»»

Category: topSource: reutersMar 19th, 2019

Pier 1 Imports said to be tapping debt restructuring lawyers

U.S. home furnishing retail chain Pier 1 Imports has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said Thursday......»»

Category: topSource: moneycentralMar 14th, 2019

Pier 1 Imports said to be tapping debt restructuring lawyers

U.S. home furnishing retail chain Pier 1 Imports has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said Thursday......»»

Category: topSource: moneycentralMar 14th, 2019

Exclusive: Retailer Pier 1 taps debt restructuring lawyers - sources

U.S. home furnishing retail chain Pier 1 Imports Inc has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said on Thursday......»»

Category: topSource: reutersMar 14th, 2019

Georgia gubernatorial candidate addresses her $200,000 debt

Stacey Abrams, along with 75% of Americans, struggles with debt.         Stacey Abrams, along with 75% of Americans, struggles with debt.        .....»»

Category: topSource: usatodayApr 24th, 2018

To draw workers, employers offer help with student loans

Education debt is a priority for younger employees. A new program from the pharmaceutical company Abbott adds a twist: promoting retirement saving, too......»»

Category: topSource: moneycentralJun 26th, 2018

Winners of this game show get their student debt wiped out

Actor-comedian Michael Torpey and cable network truTV have devised ”Paid Off,” which offers the elements of a classic trivia game show with a Freddie Mac twist......»»

Category: topSource: washpostJul 9th, 2018

Beijing struggles to defuse anger over China"s P2P lending crisis

Beijing is struggling with public anger over a lending crisis after a wave of online, peer-to-peer lending platforms went BUST since June. As Ed Giles reports, it follows an official campaign to deal with China's rising debt......»»

Category: videoSource: reutersAug 13th, 2018

Indexers Help Cram China Into World"s Investment Portfolios

Global investors have poured record sums into Chinese stocks and bonds this year, lending Beijing a hand as it struggles with a slowing, debt-laden economy and a weakening currency......»»

Category: asiaSource: wsjAug 31st, 2018

The reason you’re in debt may be hiding in plain sight

This 32-year-old’s budgeting struggles are, perhaps, indicative of many people of his generation......»»

Category: topSource: marketwatchSep 29th, 2018

Risk rebounds further to start the week, with Italian bonds leading the charge

Italy avoids debt downgrade from S&P. BTP/Bunds contract to +289bp.EURUSD struggles to benefit as Angela Merkel announces she.....»»

Category: optionsSource: insidefuturesOct 29th, 2018

Why Investors Are Spooked by GE’s Giant Debt Load

General Electric Co., one of the most storied companies in U.S. history, has had a bumpy ride with its turnaround. The latest challenge for the new chief executive is to calm fears in the credit market after ratings were cut on struggles at the .....»»

Category: topSource: washpostNov 14th, 2018

Market Extra: There is no relief for junk bond ETFs as oil tanks by nearly 8%

Exchange-traded funds focusing on high-yield corporate paper, or “junk” debt, extend their struggles as oil markets came under pressure.....»»

Category: topSource: marketwatchNov 23rd, 2018