Read more at The Guardian.
Michael Jackson was more than $500m in debt when he died in 2009
![Michael Jackson was more than $500m in debt when he died in 2009](https://i.guim.co.uk/img/media/6a4a7cf0325e55008a8a3acd94a18125dcab2ce7/0_47_2048_1228/master/2048.jpg?width=460&quality=85&auto=format&fit=max&s=9c4148ebbcc5d19489aea66419148e43)
Court filing details how the King of Pop was in financial straits as he was preparing to embark on his This Is It tour
Michael Jackson had accumulated more than half a billion dollars of debt when he died in 2009, new court documents reveal.
A 21 June court filing by the executors of his estate provided some of the most complete details yet about the strained finances with which the 13-time Grammy winner was grappling at the time of his death.
Continue reading...Date: |
Topics
Sort by
Filter
Date
-
CBS News - Top stories
More than 70 million people expected to travel for July 4th
AAA says 70.9 million people will be traveling at least 50 miles this week for the Fourth of July, with 60 million moving by car. CBS News Boston reporter Penny Kmitt has a look at the situation for flyers from Logan International Airport. -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
CBS News - Top stories
Wildfire near Sacramento, California, torches more than 2,000 acres
A wildfire north of Sacramento, California, fueled by oppressively high temperatures has burned more than 2,000 acres. It's one of multiple wildfires the state is fighting. CBS News Sacramento reporter Rachel Wulff has more.California -
MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
The Wall Street Journal - World
Israel Has Seized More Land This Year Than in Any Year in the Past Three Decades
Nearly half of all West Bank land seized by Israel since the 1993 Oslo Accords was taken this year, watchdog group says.Israel -
The New York Times - Top stories
G.M. Sold Millions of Cars That Were More Polluting Than Allowed, E.P.A. Says
The agency reached a settlement with the automaker over the sales of S.U.V.s and pickups that emitted excess planet-warming carbon dioxide. -
MarketWatch - Business
What Meta and Jackson Pollock have in common — and why that matters to investors
Meta’s big-spending ways may seem “akin to throwing a bunch of paint at a canvas,” but a Bernstein analyst sees a more positive perspective as well. -
MarketWatch - Business
Quest Diagnostics to acquire Canada’s LifeLabs for about $985 million, including debt
Quest Diagnostics Inc. said Wednesday it has entered a definitive agreement with pension fund OMERS to acquire LifeLabs, a Canadian provider of community laboratory services, for about C$1.35 billion ($985 million), including net debt. -
CBS News - Top stories
5 ways to get rid of credit card debt without a new loan
If you don't want to take on additional debt to pay off your credit cards, these strategies may be a good fit. -
CBS Sports - Sports
Have the Ravens not given Lamar Jackson enough offensive weapons? Former Super Bowl champion calls 'bulls---'
Mark Schlereth isn't allowing any excuses for Jackson and the RavensNFL
More from The Guardian
-
The Guardian - World
Biden tells campaign staff: ‘No one is pushing me out ... I’m not leaving’; second House Democrat urges him to quit race – live
Biden and Harris reiterate to DNC that they are in the 2024 race together; Raúl Grijalva of Arizona says now is an ‘opportunity to look elsewhere’. White House denies Biden is weighing his candidacyWho could replace Joe Biden? Here are six ...Joe Biden -
The Guardian - World
‘A serious threat’: Jamaica braces for arrival of Hurricane Beryl
Vulnerable residents urged to go to shelters and those in flood-prone areas to prepare to evacuate, after at least seven deaths across region. Why Hurricane Beryl foretells a scary storm seasonHurricane Beryl has drawn close to Jamaica after ... -
The Guardian - World
Britain will not rejoin EU in my lifetime, says Starmer
Labour leader also says he cannot foresee circumstances where UK would re-enter single market or customs union. Keir Starmer has insisted the UK will not rejoin either the EU, the single market or the customs union within his lifetime, in his ...European Union -
The Guardian - World
About 90% of people in Gaza displaced since war began, says UN agency
Many have moved more than once, with estimated 1.9m Palestinians relocating since Israel’s invasion, says OCHA. About 90% of the population of the Gaza Strip have been displaced at least once since the war between Israel and Hamas began, according ... -
The Guardian - World
French PM says efforts to prevent far-right majority can succeed
Gabriel Attal urges on campaign to peg back rise of National Rally as candidates pull out to avoid splitting vote. France’s prime minister has said nationwide efforts to prevent Marine Le Pen’s National Rally (RN) winning an outright majority in ...