Sections
debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.
(source: en.wikipedia.org)
-
InvestmentsCarl Icahn Bets On Mall Owners Defaulting On Debt
Billionaire investor Carl Icahn is betting against mall owners. Sources told The Wall Street...
-
DebtWeWork Reveals 90-Day Plan To Turn Company Around
WeWork, the embattled office space company, has revealed a “90-day game plan” that includes...
-
RetailDavid’s Bridal Avoids Bankruptcy With Debt Deal
David’s Bridal has reached a debt deal, enabling the bridal chain to avoid another...
-
B2B PaymentsBig Four Seek Guidance On Trade Finance
Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how...
-
LoansStruggling French Retailer Casino Lands €1.5B In Debt Equity
French retailer Casino announced that it has raised €1.5 billion ($1.67 billion USD) in...
-
EarningsJPMorgan, Citi, Wells See Strong Credit Card Growth In Q3
In third-quarter earnings, credit card results at Citigroup Inc., JPMorgan Chase & Co., and...
-
LoansUpgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility
Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage...
-
DebtZillow: Student Loans, Medical Debt Roadblocks To Mortgages
New data released by Zillow reveals that medical debt and student loans are two...
-
DebtUK Credit Card APR Soars To Nearly 25 Pct.
Interest rates on credit card balances in the U.K. are the highest they have...
-
Digital PaymentsPaytm’s Long Walk To Profitability
Paytm is perhaps the largest and best-known domestic name in mobile payments in India,...
-
EconomyGlobal Debt Spike Has Some Central Bankers Worried
As the U.S.-China trade war continues and economies take a dive, already low global...
-
DebtCiti Ups Credit Card Game With No-Interest Credit Transfer
Even as the economy in the United States softens, Citigroup has been making a...
