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RadioShack says lender invented allegations that it breached loan covenants

2014-12-11 18:21:30| Agriculture - Topix.net

RadioShack came out punching Tuesday, and the target of its right hooks and uppercuts was not Best Buy or Fry's but one of its own creditors - Salus Capital Partners, a hard-knuckle lender of last resort to struggling retailers, which is demanding all of its money back. The Fort Worth-based retailer, which arranged a crucial refinancing in October to avoid a bankruptcy filing, said it had received a notice from Salus, a unit of Harbinger Group, claiming that the deal violated terms of its $250 million loan.

Tags: loan invented lender allegations

 

Old Navy under fire over plus-size allegations

2014-11-27 12:22:00| Daily apparel & textile news and comment - from just-style.com

Gap's Old Navy has come under fire over allegations it charges extra for women's plus-size clothing, but not for men's.

Tags: fire navy allegations plussize

 
 

Investigation underway into asbestos allegations at Kilgore College

2014-11-25 22:10:17| Waste Management - Topix.net

The Texas Commission on Environmental Quality has confirmed they, along with other agencies, are investigating allegations surrounding asbestos at Kilgore College . Kilgore College President Bill Holda responded Monday to allegations that the school has been unsafely and illegally removing asbestos for years.

Tags: college investigation underway asbestos

 

Juncker denies tax break allegations

2014-11-12 13:47:31| BBC News | Business | UK Edition

European Commission President Jean Claude Juncker denies allegations he encouraged tax avoidance when he was Luxembourg prime minister.

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Book detailing corruption allegations against Malaysian ruler moves forward

2014-11-05 02:13:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: A book alleging massive corruption by Sarawak's long-time ruler, Abdul Taib bin Mahmud, is being released despite apparent legal threats against the book's publisher and author. Money Logging, written by the Bruno Manser Fund's executive director Lukas Straumann, argues that Taib and his associates made billions of dollars by auctioning off Sarawak's rainforests to loggers and palm oil companies since the early 1980s. The allegations aren't new, but the book provides new details on Taib's dealings...

Tags: book forward moves corruption

 

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