#financial-difficulties
#financial-difficulties

Parenting

My Stepdaughter's Mother Is Stealing Her Student Loan Money. What Should We Do?

Stepdaughter's mother is demanding loans from her own student loan money and income from her campus job

Stepdaughter is heartbroken and in a financially vulnerable position because of her mother's behavior [ more ]

www.fourfourtwo.com

Arsenal

Arsenal to take advantage of Barcelona's financial woes and sign key player: report

Arsenal is interested in signing Joao Cancelo from Barcelona due to the club's financial difficulties.

Despite Barcelona's desire to sign Cancelo permanently, Arsenal is willing to match Manchester City's valuation of the player. [ more ]

www.cbc.ca

morefinancial difficulties

International students, advocates say Canada should permanently lift 20-hour work cap | CBC News

International students in Canada are advocating for the removal of the cap on hours they can work off campus.

The temporary pilot program that allowed students to work up to 40 hours per week will end this year.

Students are facing financial difficulties due to rising tuition costs and inflation. [ more ]

WJXT

6 months ago

Major League Baseball

MLB cancels 2025 Paris games after failing to find promoter, AP sources say

Major League Baseball has canceled plans to play regular-season games in Paris in 2025.

No progress was being made financially to make the Paris games work. [ more ]

www.cbc.ca

5 days ago

Canada news

Luxury retailer Ted Baker begins store-closing liquidation sales | CBC News

Clothing retailers starting store-closing clearance sales. [ more ]

www.independent.co.uk

3 weeks ago

New York City

Katie Price warned she could be arrested for missing bankruptcy hearings

Katie Price could face arrest if she continues to miss bankruptcy hearings without a valid reason. [ more ]

www.caughtoffside.com

1 month ago

Chelsea

25-year-old Chelsea star is set to leave the club in the summer

Malang Sarr, Chelsea's centre-back, is likely to leave the team this summer due to financial reasons and lack of playing time. [ more ]

www.theguardian.com

1 month ago

Thames Water funding crisis: the key players in the row over its future

Thames Water facing financial difficulties with finger-pointing at Ofwat's strict regulations.

Options for Thames Water include seeking more investor funds, government intervention, or debt restructuring. [ more ]

www.theguardian.com

Musicians walk out after London orchestra leaves them unpaid for months

London Chamber Orchestra musicians walked out of a concert due to unpaid wages.

Barclays Bank froze the orchestra's account, causing financial difficulties for the orchestra and other organizations. [ more ]

BBC News

Croydon: Penalty charge notice error cost borough 150,000

Croydon Council has cancelled penalty charge notices for 3,100 people due to a printing error, costing £150,000.

The council apologised and said the affected PCNs would be cancelled and refunds issued to those who had already paid. [ more ]

BBC News

Havering Council warns it will soon go bust without loan

Havering Council facing financial difficulties due to added spending pressures

More services may need to be cut if the government does not provide assistance [ more ]

Time Out London

Beloved London charity and members' club The House of St Barnabas is closing

The House of St Barnabas, a members' club and charity in Soho, has announced its permanent closure due to financial difficulties caused by the pandemic and a broken roof.

The club, founded in 1862 as a charity to help the homeless, became a popular hangout and hosted arts events while funneling funds towards charitable causes. [ more ]

Inside Higher Ed | Higher Education News, Events and Jobs

2 months ago

University of Antelope Valley closes campus, faces shutdown

The University of Antelope Valley has faced financial difficulties and is closing its California campus.

The decision to close the campus followed issues with salaries, accreditation, and financial stability. [ more ]

SFGATE

2 months ago

Two East Bay private schools to close this year, one after 147 years

St. Anthony Catholic School and Our Lady of Guadalupe are closing due to financial challenges.

St. Anthony might reopen in 2025 with a new program. [ more ]

www.newsshopper.co.uk

Primary school in Kidbrooke plans to close due to falling pupil numbers

Holy Family Roman Catholic Primary School in Kidbrooke is set to close due to decreasing student numbers and lack of funding.

The closure of the school is attributed to a drop in baptisms and a lack of students selecting it as their first choice. [ more ]

The Daily Dot

Career

'I really thought the culture at my job was great': Worker says manager gave her a 'shoutout' for doing a great job. She was fired on the same day

Work-from-home mom fired without warning despite performing well at her job.

She is now in a precarious financial position and may have to move out of her current residence. [ more ]

Boston.com

Media industry

Online news site The Messenger shuts down after less than a year

The Messenger, a nonpartisan online news site, abruptly shut down after only eight months in operation, leaving approximately 300 employees out of work.

Founder Jimmy Finkelstein announced the shutdown in an email, stating that the company had been trying desperately to raise enough funds to become profitable.

The collapse of The Messenger follows other large-scale layoffs in the media industry, indicating the challenging economic climate for media companies. [ more ]

www.nytimes.com

US politics

Major Layoffs at Fair Fight, Voting Rights Group Founded by Stacey Abrams

Fair Fight, the liberal voting rights group founded by Stacey Abrams, is facing financial difficulties and is laying off most of its staff.

The organization is $2.5 million in debt and has only $1.9 million cash on hand. [ more ]

Boston.com

Medicine

Owner of multiple Mass. hospitals says financial losses could jeopardize care

Financial difficulties are placing the future operations of Steward Health Care's 10 Massachusetts medical centers at risk.

The gap between commercial health insurance reimbursement and reimbursements from federal plans is affecting community hospitals across the state. [ more ]

Brooklyn Paper

Brooklyn

'Overcome with pain': Family of Dyker Heights woman killed by pickup driver ask for community support * Brooklyn Paper

The family of Xiaohong Chen, who was killed by a pickup truck driver near her home, is grieving and facing financial difficulties.

Local politicians are advocating for increased pedestrian safety measures in response to the incident. [ more ]

www.independent.co.uk

UK news

Birmingham City Council announces hundreds of job redundancies

Birmingham City Council plans to axe up to 600 posts in a wave of mass redundancies.

The council has issued a section 114 notice on September 5, effectively declaring bankruptcy. [ more ]

www.fourfourtwo.com

Arsenal

Arsenal ready to sign big star, following FFP 'masterclass' revelation: report

Arsenal could benefit from the financial difficulties faced by Everton and Nottingham Forest, who breached the Premier League's profit and sustainability rules (PSRs).

The Gunners could potentially sign transfer target Amadou Onana from Everton in a cut-price deal as Everton needs to sell players to balance their books. [ more ]

www.mercurynews.com

East Bay (California)

Kelly-Moore Paints halts operations and is closing all of its stores

Kelly-Moore Paints, a paint retailer founded in 1946, has abruptly closed all operations and closed its stores after failing to secure funding.

The closure affects over 60 locations in the Bay Area, including stores in San Jose, Oakland, and San Francisco.

The company's finances have been severely impacted by asbestos claims, making it impossible to attract new funding or interest. [ more ]

Entrepreneur

Business intelligence

Next Steps When Your Business is Losing Money | Entrepreneur

Negative cash flow is a common challenge for businesses on a growth trajectory.

Maintaining a calm and rational mindset during financial difficulties is crucial. [ more ]

SFGATE