#financial-recovery

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fromIrish Independent
1 week ago

Estate of late Mike Lynch and business partner owe Hewlett Packard 800m, UK judge rules

HP is entitled to nearly £698m due to misrepresentation in the Autonomy acquisition.
Healthcare
fromFortune
1 week ago

After earnings fell by $300 million, Cardinal Health's CEO went 'ruthless' to turn it around-and he says workers backed him because 'people want to win'

Ruthless prioritization was essential for Cardinal Health's turnaround, leading to significant operational improvements and a return to profitability.
#lumen-technologies
more#lumen-technologies
Tech industry
from24/7 Wall St.
2 weeks ago

Nvidia's $5 Billion Boost: White House Greenlights H20 Sales to China

Nvidia secured U.S. approval to resume H20 chip sales to China, potentially recovering $5 billion in lost revenue.
fromFortune
1 month ago

Boeing's CFO change signals urgent focus on company's recovery

Boeing has faced significant challenges, from a series of aircraft malfunctions and management missteps to a strike by more than 33,000 machinists in 2024.
Business
fromIrish Independent
1 month ago

Grandfather who lost 116,000 to 'incredibly convincing scam' given a full refund from bank

Despite this happy outcome, the victim wishes to remain anonymous as not even his immediate family know about his misfortune.
Privacy professionals
fromwww.theguardian.com
1 month ago

It's also a new era' for share prices in the defence sector

Babcock International's share price has surged due to improved business strategies and increased NATO defense spending commitments.
Fundraising
fromPsychology Today
1 month ago

Why Smart People Fall for Fraudulent Schemes

Scams exploit emotions, not intelligence; anyone can fall for a Ponzi scheme.
Victims endure trauma and shame, with recovery being as crucial as financial restoration.
To avoid scams, stay alert and verify claims before trusting promises.
fromIrish Independent
1 month ago

Government sale of final AIB stake crystallises 2bn loss on crash-era bailout

Taxpayers won't fully recoup the costs associated with saving major banks during the crisis despite some profit from stake sales.
from24/7 Wall St.
1 month ago

My Dual Win: Boosting My Credit Score by 125 Points While Earning $2,000 - Here's How

Using a '0% Intro APR' credit card can help reduce debt and improve credit scores effectively.
fromBitcoin Magazine
2 months ago

FTX To Begin $5 Billion Creditor Payouts Starting May 30

Eligible creditors should expect to receive funds from their selected distribution service provider (a "Distribution Service Provider"), either Bitgo or Kraken, within 1 to 3 business days from May 30, 2025.
Cryptocurrency
fromSun Sentinel
2 months ago

Silver Airways' receives 'stalking horse' $5.775M bid to take the regional carrier out of bankruptcy

Silver Airways may successfully exit bankruptcy thanks to a $5.775 million bid from KIA II LLC, enhancing its financial prospects.
fromNew York Post
3 months ago

NUMC claims financial turnaround in 11th hour push against Hochul, state takeover

Nassau University Medical Center has recovered financially and doesn't need a state takeover, claiming significant improvements in patient care and services.
Bootstrapping
fromBusiness Insider
3 months ago

Boeing gets another boost as credit agency says it won't cut its rating to junk status

S&P Global Ratings has removed Boeing from downgrade consideration, indicating confidence in its financial recovery. Production of the 737 Max is key to cash flow improvement.
fromAustin Monitor
3 months ago

City leaders have renewed hope for federal funds for local projects in the 2026 congressional budget - Austin Monitor

Austin projects may regain nearly $10 million in federal funding next fiscal year after previously losing it in March.
from24/7 Wall St.
3 months ago

How I Went From $600K to $1M and Lost It All to Gambling Addiction at 28

Young individuals face significant financial losses from gambling and speculative trading.
Recovery from financial loss involves realizing the problem and taking proactive financial steps.
Retirement
from24/7 Wall St.
4 months ago

How I Overcame A Divorce to Plan My Retirement

Divorce imposes significant financial burdens, especially on males as primary earners, impacting both emotional and financial recovery.
fromBusiness Matters
4 months ago

Aston Martin secures 125m boost as Lawrence Stroll deepens investment

The recent capital injection of £125 million by Aston Martin Lagonda enhances investor confidence, despite the company struggling with massive losses and past financial turbulence.
Liverpool FC
Bayern Munich
fromwww.theguardian.com
4 months ago

Twenty years of Borussia Dortmund: Watzke on near-bankruptcy, selling players and Klopp

Borussia Dortmund's survival from financial distress 20 years ago is attributed to strategic decisions and leadership by Hans-Joachim Watzke.
#elon-musk
fromTESLARATI
4 months ago
Toronto startup

Elon Musk's X valued at $44 billion in latest funding round: report

Elon Musk's X has regained a valuation of $44 billion, recovering from a previous estimate of below $10 billion.
fromTESLARATI
5 months ago
Alternative transportation

Elon Musk's X doubled its EBITDA since 2022 takeover: report

Musk's acquisition of Twitter appears more favorable as investment interest grows amidst signs of operational recovery.
Toronto startup
fromTESLARATI
4 months ago

Elon Musk's X valued at $44 billion in latest funding round: report

Elon Musk's X has regained a valuation of $44 billion, recovering from a previous estimate of below $10 billion.
more#elon-musk
fromSFGATE
4 months ago

Can You Buy a House After Bankruptcy?

Bankruptcy can offer a fresh start to those in financial distress, but it comes with consequences like liquidation of assets and credit damage.
Real estate
Startup companies
fromSun Sentinel
4 months ago

Spirit Airlines formally exits Chapter 11 bankruptcy with less debt, new stock

Spirit Airlines has exited Chapter 11 bankruptcy with reduced debt and enhanced financial flexibility, choosing its own recovery over takeover bids.
fromwww.sustainable-bus.com
8 months ago

Ebusco has raised 36 million euros via right issue - Sustainable Bus

Ebusco has successfully raised EUR 36 million through its Rights Issue, issuing 43.9 million new shares at EUR 0.8209 each, strengthening its financial position.
Alternative transportation
Miscellaneous
fromThe Verge
8 months ago

23andMe is ending its cancer research program and slashing over 200 jobs

23andMe is restructuring by laying off 40% of its employees due to financial struggles and a significant data breach.
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