Latest in Businesses Financial Distress
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UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
‘What are you going to do?’: Distressed fire victim confronts Gov. Newsom
Governor Newsom was challenged during a visit to Palisades by a distressed mother who demanded to know what action he was taking, and asked to join the phone call to President Biden that the ...NBC News - Jan. 9 -
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.MarketWatch - Jan. 9 -
Heinrich objects to quick hearing for Trump energy nominee, saying Dems haven’t received financial disclosure
The top Democrat on the Senate’s Energy and Natural Resources Committee is objecting to the timing of a hearing for Trump’s Energy Secretary pick Chris Wright — saying Republicans are moving ahead ...The Hill - Jan. 9 -
CoinZoom: Revolutionizing the Financial Industry through Blockchain Technology
The US-based global fintech and payments company is working to enable financial freedom for millions worldwide. Having built a secure, accessible platform for businesses and consumers to utilize ...CBS News - Jan. 9 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
The silent business of digital identity has remade Relx
Company once known as Reed Elsevier has moved from legal and scientific publishing into AI fraud detectionFinancial Times - Jan. 9 -
Uncontained Fire Threatens Pacific Palisades Homes and Businesses
The blaze tearing through the posh neighborhood nestled above the Pacific Ocean has already consumed over 10 percent of area, and remains out of control.Inc. - Jan. 8 -
Business Leaders Are Zeroing in on Culture in 2025
In a recent Inc. poll, leaders chimed in about their workplace priorities for the year – and company culture is taking the cake.Inc. - Jan. 8 -
Hyve aims to double in size as business conferences boom
UK-based group now under private equity ownership seeks acquisitions in corporate events marketFinancial Times - Jan. 8 -
How a Silicon Valley financial backer orchestrated a plot to take down a rising startup
Financial backer Denis Grosz thought he was going to generate big returns from his bet on a company called Toptal, until he got sued for his actions.CNBC - Jan. 7 -
Financial Services Roundup: Market Talk
Find insight on the hottest housing market in 2025, Banco BPM, Partners Group, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - Jan. 7 -
How to achieve your financial goals in 2025
CBS News business analyst Jill Schlesinger shares tips for saving, paying down debt and more in 2025 to help you achieve your financial goals.CBS News - Jan. 7 -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - Jan. 7 -
The man making a business out of China’s burnout generation
Li Jianxiong was a highflying marketing executive in Beijing until a breakdown sent him to the west on a wellness voyage of discovery – just as his peers were losing faith in the Chinese Dream. Li ...The Guardian - Jan. 7 -
UK financial regulator failed to uphold rules for handling FOI requests, review finds
Report calls for Financial Conduct Authority staff to be retrained and adds to mounting criticism of watchdogFinancial Times - Jan. 7 -
Only 1 in 4 young adults received financial education at school, study shows
Poor access to money management is pushing students towards ‘unreliable’ online resources, says Santander UK chairFinancial Times - Jan. 7 -
How Congestion Pricing Will Affect Small Businesses
New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.Inc. - Jan. 6 -
‘Financial suffocation’: Argentina’s medics fear impact of Milei’s chainsaw cuts
Workers at main paediatric hospital say quality of care is threatened by president’s economic policy. The Garrahan paediatric hospital in Buenos Aires swarms with patients, parents and medical ...The Guardian - Jan. 6 -
Finland fuels children’s future with financial literacy and food
World-beating ambition drives real-life business practice and free lunches for kidsFinancial Times - Jan. 6 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
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How Turnkey Service Improves Your Business’s Marketability
Making the case that your business can meet customers needs is key, but follow through with a reliable strategy.Inc. - Jan. 4 -
New Orleans attacker fell into extremism after marital and financial woes
Shamsud-Din Jabbar once worked at a major accountancy, but a chaotic family life undermined his stability. Shamsud-Din Jabbar’s descent into religious extremism unfolded over years – but his deadly ...The Guardian - Jan. 4 -
I’m 72 and trying to hire a financial adviser, but I feel tricked about the fees
A reader says the final agreement they gave him to sign did not include the pricing they negotiated.MarketWatch - Jan. 4 -
4 Ways to Drive Organic Business Growth
As companies find funding harder to come by, more are turning toward organic growth strategies. Here’s what they look like.Inc. - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
Timeline of New Orleans attack: Suspect's marital, financial woes come into focus
As a portrait begins to emerge of the suspect behind the deadly New Orleans attack, federal investigators have laid out a timeline of events.ABC News - Jan. 3 -
New Orleans truck attacker's financial difficulties revealed, divorce proceedings detailed
Anna Schecter, senior coordinating producer for CBS News' Crime and Public Safety Unit, has the latest information on the New Orleans truck attacker that killed at least 15 people early on New ...CBS News - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
Multiple divorces and financial difficulties: New Orleans suspect's court filings
The man suspected in the attack in New Orleans had a checkered marital history punctuated by multiple divorces and financial difficulty, according to court records.ABC News - Jan. 2 -
Small Businesses Brace Themselves for TikTok Ban
If the Jan. 19 ban on the popular social video platform goes into effect, millions of entrepreneurs will lose a valuable marketing and outreach channel.Inc. - Jan. 2 -
Undersea sabotage response is a dangerous business
Holding shady sailors to account would be a lot less perilous than risking war with a powerful nationFinancial Times - Jan. 2 -
Ten things to tick off your financial to-do list in 2025
From money-saving work perks to investments and tax planning, resolve to get your finances in shape this new yearFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2 -
The booming business of special needs education in England
The public spending watchdog warns that the system is becoming ‘financially unsustainable’ for councilsFinancial Times - Jan. 2 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1 -
Post Office scandal: MPs call for financial penalty for slow payouts
The business and trade select committee says the schemes are so poorly designed, the application process is like a second trial.BBC News - Jan. 1