Evergrande Has Defaulted On Its Debt
Evergrande, the embattled Chinese property developer, has defaulted on its debt, according to Fitch Ratings. From a report: The credit ratings agency on Thursday downgraded the company and its subsidiaries to "restricted default," meaning that the fi.....»»
DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
Dish creditors “revolt” over DirecTV merger, try to block loss-making deal
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
DirecTV agrees to buy satellite rival Dish (and its debt) for one dollar
DirecTV to take on Dish's $10B debt and TPG will buy AT&T's 70% stake in DirecTV. Enlarge / Dish and DirecTV satellite dishes on the roof of an apartment building on April 15, 2013 in San Rafael, California. (credit: Getty Image.....»»
Social networks help people resolve welfare problems—but only sometimes, new research finds
Lead researcher Dr. Sarah Nason, from Bangor University's School of History, Law and Social Sciences explained, "Debt, benefits, special educational needs, health care issues, these are everyday problems that many of us face, and it's only natural to.....»»
Former Mitsubishi dealer must pay Nissan lending arm $330K debt, Nebraska judge rules
A bankruptcy court judge in Nebraska has refused to dismiss a $331,225 debt a former Mitsubishi dealer and his company owe to floorplan lender Nissan Motor Acceptance Co......»»
Boeing risks losing billions as 33,000 workers vote to strike
Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»
China is not pushing Africa into debt trap, South African president says
China is not pushing Africa into debt trap, South African president says.....»»
How some states help residents avoid costly debt during hard times
A new national study provides the best evidence to date that generous unemployment insurance benefits during the COVID-19 pandemic helped reduce reliance on high-cost credit use......»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
Zelenskiy signs law allowing Ukraine debt payment suspension
Zelenskiy signs law allowing Ukraine debt payment suspension.....»»
Millions more victims exposed in debt collection agency data breach
The data breach at Financial Business and Consumer Solutions is a lot bigger than we thought, the company confirms in new filing.....»»
Pindrop secures $100 million to further develop its audio, voice, and AI technologies
Pindrop announced it has secured $100 million in debt financing from Hercules Capital. This significant funding will enable Pindrop to further develop its audio, voice, and AI technologies, enhancing its offerings for customers in the banking, financ.....»»
Hurricanes Are Trapping Small Island Nations in Ever-Worsening Spirals of Debt
Damage from tropical storms like Beryl saddles islands with debt, which they have no hope of clearing before the next storm hits......»»
Mexico will build passenger train lines to US border in an expansion of its debt-laden rail projects
Mexico will build passenger train lines to US border in an expansion of its debt-laden rail projects.....»»
59% of public sector apps carry long-standing security flaws
Applications developed by public sector organizations have more security debt than those created by the private sector, according to Veracode. Security debt, defined for this report as flaws that remain unfixed for longer than a year, exists in 59% o.....»»
Agreement reached at UN on biopiracy treaty
More than 190 nations agreed Friday on a new treaty to combat so-called biopiracy and regulate patents stemming from genetic resources such as medicinal plants, particularly ones whose uses owe a debt to traditional knowledge......»»
License suspensions disproportionately hurt marginalized communities, finds study
Drivers in New York state were issued more than 1 million license suspensions in 2017, and about two-thirds of them were for "traffic debt"—failure to pay a traffic ticket or to appear in traffic court—while less than 10% were for driving infract.....»»
Research reveals overlooked factor driving China"s real estate crisis
The default of Evergrande, one of China's largest developers, set off a chain of defaults among developers, triggering the ongoing property market crisis in China......»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
The bigger the student loan, the smaller the chance of getting good grades
If you are a student living on a loan in the United States, you are less likely to get good grades than your debt-free fellow students. The bigger your student loan, the poorer you perform......»»