NCLT lets insolvency proceedings against debt-ridden Essar Power Jharkhand
The principal bench of NCLT has appointed an interim resolution professional (IRP) to manage the affairs of the company, according to an order.....»»
A new Monopoly-style board game lets you pretend to be a billionaire tech CEO intent on saving the world at any cost - and one character seems to be based on Elon Musk
Called "Evil Corp," the game is intended to warn against the downsides of Big Tech and protest the power wielded by tech mog.....»»
Biden wants to go big on the economy but go small on student-debt reform
President Joe Biden does not believe he can use his executive power to cancel $50,000 in student loan debt, but several Democrats argue the opposite. President Joe Biden participates in a CNN town hall at the Pabst The.....»»
Give Me That Old-Time Religion: Low-Debt Stocks
Companies with little or no debt have staying power when an unexpected emergency pops upRelated Stocks: FL, URBN, SWKS, CALM, CFR, ALGN, LORL, NPK, AAPL,.....»»
Waukegan-based Vista Health System operations to continue uninterrupted despite parent company’s bankruptcy filing
Operations at Waukegan’s only full-service hospital will continue uninterrupted as Vista Health System’s parent company restructures its debt as part of federal bankruptcy proceedings,.....»»
Virus outbreak raises spectre of cash injection for indebted EDF
Plummeting electricity demand and falling power prices during the coronavirus outbreak could leave EDF in need of a capital injection by the end of 2020 to avoid a spiralling debt crisis, a source close to the French firm and analysts said......»»
German restaurant chain Vapiano opens insolvency proceedings
German restaurant chain Vapiano SE on Friday said it had opened insolvency proceedings and would apply for government assistance programs to avoid bankruptcy, blaming the corona crisis for a further drop in sales......»»
Top Bitcoin Developers Face Off in a Lightning-Powered Boxing Match
The esports smackdown was meant to highlight the power of bitcoin's lightning network – since the cutting-edge payments system is fast, cheap and lets users send tiny payments, even a fraction of a cent......»»
Credit Suisse CDS jump after CEO Thiam quits
The cost of insuring exposure to debt issued by Credit Suisse jumped by 3 basis points (bps) on Friday after Chief Executive Tidjane Thiam quit amid a power struggle at Switzerland's second-biggest bank......»»
What do millennials willing to buy a home want?
Contrary to popular belief, Millennials do want to buy homes. But the realities of student loan debt, weak earning power, and skyrocketing home prices have... The post What do millennials willing to buy a home want? appeared first on ValueWalk......»»
Some bond investors shy away from coal-dependent electric utilities over regulatory risks
Some corporate debt investors say they’re now turning their back against utility companies reliant on coal-fired power plants as the risks around rapid climate change come to the fore......»»
South Korean court upholds 45-day ban on Asiana"s San Francisco flights
South Korea's Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines' Incheon-San Francisco route for 45 days, adding to the debt-ridden carrier's headaches as it battles rising competition and falling demand......»»
Energy Transfer: The Power Of Buybacks And Debt Reduction
Energy Transfer: The Power Of Buybacks And Debt Reduction.....»»
Here Are The Most Debt-Ridden Places In CaliforniaÂ
A new report from LendingTree analyzed t.....»»
Why Eskom’s Power Crisis Is South Africa’s Top Risk
A crisis at South Africa’s main electricity supplier, Eskom Holdings SOC Ltd., threatens the entire country. The state-owned utility can’t manage both to cover its costs and make the huge interest payments on its mountain of debt. Its poorly mainta.....»»
Americans flee country to escape their giant student debt
Some student loan borrowers are packing their bags and fleeing to other countries, where the cost of living is lower and debt collectors wield less power......»»
These Americans fled the country to escape their giant student debt
Some student loan borrowers are packing their bags and fleeing to other countries, where the cost of living is lower and debt collectors wield less power......»»
He moved to a jungle in India to escape student debt — and he"s not alone
Some student loan borrowers are packing their bags and fleeing to other countries, where the cost of living is lower and debt collectors wield less power......»»
The Wall Street Journal: GE plans on fixing financial arm — but first trains eye on power unit, CEO Culp says
Larry Culp, General Electric Co.’s chief executive, plans to set his sights on the company’s problematic financial-services business after he cuts overall debt and stabilizes its power-generation division, he told investors Wednesday......»»
Student-loan borrowers are using their vacation days to pay off their debt
This new employee benefit lets workers trade in their paid time off......»»