RT

North Korea's Parking Debt Among Hefty Fines Owed To New York By Foreign Delegations
NPR
CHRIS GLORIOSO: We tallied up North Korea's parking debt and found this country owes about $156,000 to the city of New York. CHANG: And North Korea is not alone with all those parking tickets. The WNBC team found New York is owed more than $16 ...
I-Team: North Korea Owes NYC $156000 for Unpaid Parking TicketsNBC New York
I-Team: North Korea Owes NYC $156,000 for Unpaid Parking Tickets - NBC New YorkNBC New York

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New York Times

S.&P. Downgrades China's Debt, Citing a Surge in Lending
New York Times
SHANGHAI — China and the world received a fresh warning on Thursday that the country's dramatic debt binge of recent years threatens the stability of one of the global economy's most important growth engines. Standard & Poor's downgraded its rating on ...
China criticizes S&P credit rating cut as 'wrong decision' - ABC NewsABC News
Standard & Poor's cuts China credit rating, citing debtUSA TODAY
S&P downgrades China's credit rating, citing heavy debt loadMarketWatch
Reuters -Bloomberg -WFMZ Allentown
all 102 news articles »


The New Yorker

How Toys R Us Succumbed to Its Nasty Debt Problem
The New Yorker
The company expanded aggressively; faltered under too much debt; locked horns with Kmart, and came away battered. In 1974, it filed for bankruptcy protection. Four years later, Interstate emerged as Toys R Us. Again, Lazarus led it. He had a plan to ...
How $5 billion of debt caught up with Toys 'R' UsReuters
toys“r”us, inc. commences court-supervised processes to implement financial restructuringToys“R”Us, Inc.

all 313 news articles »


The Mercury News

Warriors, arena authority at odds over Oracle debt - The Mercury News
The Mercury News
Fans watch the start of Game 5 of the NBA Finals at Oracle Arena in Oakland, Calif., on Monday, June 12, 2017. (Jose Carlos Fajardo/Bay Area News Group).

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Bloomberg

Debt Continues to Haunt Ailing Retailers
Bloomberg
Apparel and accessories chains including J. Crew Group Inc., Claire's Stores Inc., Nine West Holdings Inc. are already on creditors' radar because, like the toy retailer, they have large debt loads, looming maturities, and weakening results that could ...

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Voice of America

Trafficking, Debt Bondage Rampant in Thai Fishing Industry, Study Finds
Voice of America
Routinely underpaid and physically abused, three-quarters of migrants working on Thai fishing vessels have been in debt bondage, working to pay off an obligation, said the study by the anti-trafficking group International Justice Mission (IJM ...

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Bloomberg

Debt Sickened a Hospital Giant. Now the Doctors Are Revolting
Bloomberg
Smith presided over a decade-long acquisition binge that saddled CHS with total debt of almost eight times its earnings and a network of underperforming facilities. The company lost $2 billion in the past six quarters, during which doctors from Key ...

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Bristol Virginia's low state audit score tied to debt level
Bristol Herald Courier (press release) (blog)
BRISTOL, Va. — Bristol, Virginia's, low state audit score is primarily tied to the city's general obligation debt but doesn't reflect recent improvements, the city manager said Thursday. The city is currently in conversation with the Virginia Auditor ...



Barron's

Mattel: Toys 'R' Us, Amended Debt Covenants; What Does It All Mean?
Barron's
Mattel Inc. has amended its credit agreement to remove the ratio of consolidated debt to consolidated earnings before interest, taxes, depreciation and amortization that's required for fiscal third quarter 2017, in the wake of the Toys 'R' Us bankruptcy.

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Bloomberg

Three Bond Market Lessons From the Toys 'R' Us Debt Drama
Bloomberg
While the difficulties of the debt-laden company had been broadcast to the market for some time, bond investors nevertheless appeared to be surprised by the events of this month. The price of Toys 'R' Us debt due 2018 plunged from 96 cents on the ...

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