The president’s “no negotiations” playbook comes after more than a decade of hostile debt fights, during which Biden was often an influential dealmaker. When Democrats fired up bipartisan talks ...
One of the most lucrative money-making machines in the world of finance is all clogged up, threatening a year of pain for Wall Street banks and private-equity barons as a decade-long deal boom goes ...
NEW YORK (Reuters) - Georgia-based slot machine operator Lucky Bucks filed for bankruptcy Friday, saying that it had reached a deal to cut $500 million in debt and turn over the company's equity to ...
Ameresco, Inc. consistently fails to generate positive free cash flow, leading to debt accumulation and increased risk. The company's business model relies heavily on selling environmental credits to ...
After a three-and-a-half-year hiatus on the collection of federal student loans—first in the form of a 0 percent interest rate and then in a moratorium on all payments—the Department of Education is ...
The pain of the financial crisis has been especially intense for consumers. Millions of consumers are now fodder for a vast debt collection machine that converts consumer misery into corporate profits ...
Sunday, May 22, 2022 -- No one drank enough beer in college for the last 30 years to deserve a student loan balance that increases even as the debtor attempts to pay down the principal. The message ...
Perpetual motion is impossible, but Japan has managed the illusion of perpetual debt for 20 years. Perpetual motion--a machine which produces more than it consumes indefinitely, without any visible ...
TrueAccord addresses the historical challenges that large and small businesses face annually: billions of dollars lost from unpaid invoices, poor customer service and a low customer retention rate.
In the Netherlands, one in five young people has problematic debts. The government, such as the Tax Authorities or the CJIB, is often their largest creditor. Documentary maker Camiel Zwart shows how ...
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