Stalled Debt Restructuring Talks
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New form of bond emerges from Sri Lanka’s $13bn restructuring talks
Macro-linked debt could be tied to GDP and reforms and may help attract investors back to emerging marketsFinancial Times - World -
Whirlpool says it’s planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.MarketWatch - Business -
Brighton’s João Pedro stuns Aston Villa to stall their Champions League charge
. Aston Villa are running on fumes. The chance to go 10 points clear on Tottenham ended up reopening the door to the Champions League. Groggy from the short turnaround and shock result of their 4-2 Thursday defeat to Olympiakos, Unai Emery’s team ...The Guardian - World - UEFA Champions League -
Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.MarketWatch - Business -
How interest in electric vehicles has stalled over the last 3 years, in one chart
The promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown.MarketWatch - Business -
Bankruptcy vs. debt settlement: How to choose the right debt relief option
Bankruptcy and debt settlement are both effective ways of getting rid of debt, but which one makes more sense?CBS News - Top stories -
Israel has given Hamas a week to agree to a cease-fire deal or it will go ahead with its military operation in Rafah, Egyptian officials said, as the militant group stalls for better terms that would ensure its survival.
Israel has given Hamas a week to agree to a cease-fire deal or it will go ahead with its military operation in Rafah, Egyptian officials said, as the militant group stalls for better terms that would ensure its survival.The Wall Street Journal - World -
Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
Medical Debt Shows Up Less Often on Credit Reports
But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans.The New York Times - Business