Toys 'R' Us Is Prepping to Liquidate Its US Operations

Toys 'R' Us Is Prepping to Liquidate Its US Operations

For years, the retailer was able to refinance its debt and delay a reckoning. But the emergence of online competitors, like Amazon.com Inc., weighed on results. The company's massive interest payments also sucked up resources that could have gone toward technology and improving operations.
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Soured Lehman Mortgage Claims Valued at $2.4 Billion

The trustees' case against Lehman underscored the difficulty in determining whether borrowers were truthful when they took out home loans. Court records show that one applicant, a Stanley Steemer driver, signed loan papers in 2006 saying he earned $6,500 a month. Tax records later revealed his
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Bipartisan Senate Banking Bill Would Scale Back Some Dodd-Frank Regulations

The Senate is working on a rare bipartisan banking bill that would scale back parts of the Dodd-Frank regulations for smaller banks. But the bill has exposed divisions among Democrats over protecting former President Obama's legacy. Facebook; Twitter; Flipboard; Email
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Sparta Commercial Enters Equipment Financing Market

In addition to mobile apps, Sparta provides motor vehicle title history reports to dealers, insurance companies, credit unions, and consumers. The Company also offers nationwide Vehicle and Capital Lease Financing Programs for municipalities as well as Equipment Financing for small to mid-sized
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Manafort Denies Federal Fraud Charges, This Time in Virginia

Paul Manafort, former campaign manager for Donald Trump, center, outside the District Courthouse in Alexandria, Virginia on March 8, 2018. Photographer: Zach Gibson/Bloomberg. Paul Manafort, President Donald Trump's former campaign chairman, will go on trial in four months on tax and bank fraud
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BitRent Platform Delivers Private Presentation to Leading Middle Eastern Real Estate Players

The presentation also highlighted the multiple points of convergence between the real estate sector and the crypto economy. The BitRent platform has been developed to resolve the main challenges being faced by the construction market – e.g. closedness and conservatism. Through this platform
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Ardian Real Estate to buy two Paris office buildings

Ardian Real Estate has agreed to acquire two office buildings in Paris. … The acquisitions represent the second and the third transactions completed by Ardian Real Estate in France, both in line with Ardian Real Estate's strategy of investing in commercial real estate assets with a strong potential for
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Sending approves payday lending change

MONTGOMERY, Ala. (AP) — The Alabama Senate has approved a payday lending reform that will give borrowers 30 days to pay back that money. Senators on Thursday voted 20-4 for the legislation. Republican Sen. Arthur Orr of Decatur said the 30 days gives borrowers a fighting chance to pay back
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RizePoint shows how one company can make a real difference in the community

Beyond traditional efforts, such has holding back-to-school supply drives or collecting donations, the company “adopted” a Title 1 school, which meant working one-on-one with a specific school. Its hyper-focused goal became a rewarding experience for executives, employees, teachers and students
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First Republic Investment Management Inc. Buys 322451 Shares of American International Group …

The fund owned 982,128 shares of the insurance provider's stock after buying an additional 322,451 shares during the quarter. First Republic Investment Management Inc. owned approximately 0.11% of American International Group worth $58,515,000 at the end of the most recent quarter. Several other
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Non-major changes lending policy

The lender is one of the first non-major banks to announce a change to its serviceability assessment as APRA continues its crackdown on higher risk lending. Major banks ANZ and Westpac introduced changes to their assessment and approval of borrowers last month, while NAB changed its loan to
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State loan options help homebuyers meet requirements

(March 9, 2018) In addition to low-money-down loans, such as FHA (3.5 percent down loan) and the USDA (100 percent financing loan), Maryland buyers can look to the State of Maryland, which offers many products to help achieve the dream of homeownership. The Maryland Mortgage Program (MMP)
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Charlize Theron: My mom buys me weed

Charlize Theron has admitted that her mum will buy her marijuana to help her with her irregular sleep patterns. The 42-year-old actress suffers from sleep problems and has revealed that her mother has sought to combat the issue by buying her the drug, which is now legal in the state of California.
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PeerStreet Announces Greg Galusha As New Head of Commercial Real Estate

PeerStreet reported that in this role, Galusha is responsible for leading PeerStreet's growing commercial real estate division, which will help PeerStreet expand and enhance the current spectrum of commercial real estate investments offered through its marketplace. Brew Johnson, CEO of PeerStreet,
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Trump Takes the Bait From Musk, Attacks China Auto Import Duties

An agreement hasn't been finalized because the two sides disagree on the ownership structure for a proposed factory, people with direct knowledge of the situation have told Bloomberg News. China's central government is pushing for the plant to be a joint venture with local partners, while Tesla wants
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Corona Launches Its First New Beer in 29 Years

Next time you head to the grocery store to buy a Corona beer, you'll have another option to choose from. Constellation Brands, which distributes popular Mexican lager Corona in the United States, is rolling out a new lower-calorie version of the beer: Corona Premier, the first new Corona-branded beer
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CATIC opens Florida office

CATIC has begun operations in Florida with the opening of an office in Orlando, the company announced. The company's Florida state manager said the office's central location within Florida will allow CATIC to easily reach all areas of the state. Read on to learn who will manage the office and the other
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Encompass Health Home Health & Hospice named to 2018 Fortune 100 Best Companies to Work …

BIRMINGHAM, Ala. and DALLAS, March 8, 2018 /PRNewswire/ — Encompass Health Corporation (NYSE: EHC) is proud to announce its Dallas-based home health and hospice subsidiary has been named to the 2018 Fortune 100 Best Companies to Work For listing. This is the third consecutive year it
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Private Client Banking Loan Servicer

Learn more about applying for Private Client Banking Loan Servicer at Raymond James Financial.
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1 in 4 Men Think it's Okay to Expect Sex From an Employee, Survey Says

“If we now know how difficult it is on the producers' chair in L.A., imagine how difficult it is someplace like Bangladesh on the factory floor,” Michelle Nunn, president and CEO of CARE, tells Fortune. According to Nunn, sexual harassment in the workplace isn't yet illegal in about one-third of the countries
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