Country Garden gets 'near-term reprieve' after bondholders agree to extend debt payment
Investors in embattled Chinese property giant Country Garden are breathing a collective sigh of relief Monday, after it reportedly won approval from creditors to extend a major bond payment to avoid default, in a development that analysts say will give the firm some badly needed respite.
2023-09-04 14:51
Student loan interest resumes Friday and payments restart in October. Here's what borrowers should know
For the first time in more than three years, federal student loan borrowers will be required to pay their monthly student loan bills starting in October. The pandemic-related pause, which went into effect in March 2020, provided relief to nearly 44 million borrowers by freezing their accounts.
2023-08-31 18:27
Vietnam joins Southeast Asian effort on cross-border payments
JAKARTA Vietnam's central bank signed an agreement on Friday to be part of an initiative by five other
2023-08-25 12:17
Nigeria's ex-oil minister Diezani Alison-Madueke charged with bribery in the UK
Diezani Alison-Madueke is alleged to have accepted financial rewards for awarding oil contracts.
2023-08-22 23:49
Starbucks must pay another $2.7 million to employee who said she was fired for being White
A New Jersey court ordered Starbucks to pay an additional $2.7 million to a former employee who successfully sued the company for wrongful termination, claiming she was fired for being White.
2023-08-18 00:16
Nevada GOP Senate candidate raised money to help other candidates -- the funds mostly paid down his old campaign's debt instead
Nevada Republican Senate candidate Sam Brown created a political action committee to "help elect Republicans" but most of its funds were spent paying down debt from his failed previous campaign. The group donated less than 7% of its funds to the candidates it was set up to support, according to campaign finance records -- a move one campaign finance expert likened to using the PAC as a "slush fund."
2023-08-12 22:27
First on CNN: Biden administration launches new income-driven student debt repayment plan
The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the program as federal student loan payments are set to resume in October.
2023-07-31 01:48
Amazon will let you pay with a wave of your hand at all Whole Foods stores
Amazon is bringing its Amazon One palm recognition system to all of its more than 500 Whole Foods stores by the end of the year.
2023-07-21 00:56
Fed set to launch long-awaited instant payments service, modernizing system
By Hannah Lang The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim
2023-07-20 12:21
Ryan Tubridy: Why Ireland is gripped by the RTÉ pay scandal
Pubs are screening parliamentary hearings featuring Ireland's highest-paid broadcaster, Ryan Tubridy.
2023-07-11 09:30
RTÉ sport presenter returns car after five years
Marty Morrissey says he recognised the "error of judgement" following the recent controversy at RTÉ.
2023-07-07 00:59
RTÉ spent €5,000 on flip-flops
The broadcaster was accused by Irish parliamentarians of running a slush fund.
2023-07-05 23:50