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Sears skips payments to vendors

Sears has started to miss payments to vendors after sources said the U.S. department store operator was preparing to file for bankruptcy. Fred Katayama reports......»»

Category: videoSource: reutersOct 11th, 2018

Sears skips payments to vendors amid bankruptcy concerns

Sears has started to miss payments to vendors, adding to concerns about its future after sources said the U.S. department store operator was preparing to file for bankruptcy in the coming days......»»

Category: topSource: moneycentralOct 11th, 2018

Sears skips payments to vendors amid bankruptcy concerns

Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future after sources said on Wednesday that the U.S. department store operator was preparing to file for bankruptcy in the coming days......»»

Category: topSource: reutersOct 11th, 2018

Throughout Sears" long struggle, some vendors learned early to reduce their exposure

If Sears Holdings Corp. ends up in Bankruptcy C.....»»

Category: topSource: latimesOct 12th, 2018

Empty shelves, poor customer service behind Sears" demise

Shoppers, former employees, and vendors say Sears' problems include limited merchandise, poor customer service, and bad leadership. Fred Katayama reports......»»

Category: videoSource: reutersOct 12th, 2018

Why Shares of Sears Holdings Tumbled Today

Reports of missed vendor payments and lenders pushing for liquidation weighed on the stock......»»

Category: topSource: foxnewsOct 11th, 2018

Sears" pension liabilities may be a thorn in Kenmore sale

The PBGC won future cash payments in exchange for agreeing to last year's sale of Sears' Craftsman tool line......»»

Category: topSource: foxnewsAug 22nd, 2018

Air India seeks additional equity from government to pay vendors: source

State-owned carrier Air India has sought 21.21 billion rupees ($309 million) of additional equity from the government for the fiscal year 2018-19 to make pending payments to its vendors, a source at the airline told Reuters on Monday......»»

Category: topSource: reutersJul 30th, 2018

Delaying Payments to Suppliers Helps Companies Unlock Cash

Stanley Black & Decker has spent the past 12 years convincing vendors to give it a little more time to pay its bills—an effort that lets the tool maker invest that cash into its operations......»»

Category: smallbizSource: wsjJun 28th, 2018

Sears, Kmart stores ailing as CEO Eddie Lampert's hedge fund gets hundreds of millions

As many Sears and Kmart stores appear to be on life support, CEO Edward Lampert's hedge fund, ESL Investments, is getting $200 million to $220 million in annual loan payments while Sears ha.....»»

Category: topSource: usatodayJun 18th, 2018

Sears gets approval to pay $25.3 M in bonuses to top execs

A U.S. bankruptcy court on Friday reportedly approved Sears' request to pay as much as $25.3 million in bonuses to the company's top executives and high-ranking employees, just months after the company filed for bankruptcy. .....»»

Category: topSource: moneycentral2 hr. 58 min. ago

Justice Department Chides McKinsey in Another Bankruptcy Case

A Justice Department official asked a federal judge to withhold payments to McKinsey for its work advising a bankrupt Colorado coal miner, adding to criticism of how the firm discloses potential conflicts of interest......»»

Category: smallbizSource: wsj4 hr. 28 min. ago

Visa Sets Its Sights on $33 Trillion Worth of Checking

The new product it's offering businesses could significantly speed up and simplify payments......»»

Category: topSource: foxnews6 hr. 43 min. ago

Bankrupt Sears can give $25.3 million in bonuses to top employees, court says

A U.S. bankruptcy court judge on .....»»

Category: topSource: marketwatch18 hr. 28 min. ago

AG announces first round of payments to Croman tenants in $8M settlement

The first round of payments to former tenants of Manhattan landlord Steven Croman were announced today. The fund, , will require Croman to pay $8 million to a tenant-restitution fund, which will be... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork22 hr. 43 min. ago

Apple"s expansion skips the Amazon HQ2 craziness

What Tim Cook’s company announced on Thursday is not Apple’s HQ2 — for better and for worse. Apple Inc.’s plans to expand its workforce in Austin, Texas, and several other U.S. cities has... To view the full story, click the title link......»»

Category: blogSource: crainsnewyork22 hr. 43 min. ago

Sears Home Improvement auction canceled due to lack of bids

A planned auction of Sears Holdings Inc.’s home improvement business unit has been canceled because the retailer didn’t receive any qualified bids other than an earlier offer by Service.com. The U.S. Bankruptcy Court of the Southern District of N.....»»

Category: topSource: bizjournalsDec 14th, 2018

Court approves up to $25.3M in bonuses for Sears executives

A U.S. Bankruptcy Court judge signed off Friday on Sears' request to pay up to $25.3 million in bonuses to top executives and other high-ranking employees even as the company reported losing nearly $1.9 billion in the first three quarters this year......»»

Category: topSource: moneycentralDec 14th, 2018

Sears gets Bankruptcy Court approval for up to $25.3 million in bonuses to top employees

A U.S. Bankruptcy Court judge signed off Friday .....»»

Category: topSource: chicagotribuneDec 14th, 2018

Key Words: Michael Cohen’s Trump allegations ‘much ado about nothing,’ says Rudy Giuliani

Rudy Giuliani bashed President Donald Trump’s former lawyer Michael Cohen on Friday, after Cohen said in a televised interview that Trump had directed him to make hush money payments during the 2016 presidential campaign......»»

Category: topSource: marketwatchDec 14th, 2018

Top Ten: Weekend roundup: How to get your company lumped in with Sears | One good day for GE | How colleges help banks gouge students

Plus: FAANGs as contrarian stocks and your (early) retirement number in one simple chart......»»

Category: topSource: marketwatchDec 14th, 2018