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Orchids Could Bloom Again After Withering Competitive Pressure

Weak operating performance coupled with major spending on a new facility has spiked the company's leverage, leading it to seek debt covenant ... records in absolute terms, the implied margins would come close to challenging some of Orchids' prior EBITDA ... read more

Reckonings; Delusions of Prosperity

But it has been more than seven months since Mr. Greenspan tried to work his magic a second time, again ... loosens monetary policy, has actually risen over the past seven months. There are, I would argue, three reasons that the dollar and long-term ... read more

Commentary: World markets lap up Mnuchin's dollar view

Speaking again in the Swiss ski resort on Thursday, Mnuchin declined to row back on them. “I thought it was actually balanced and consistent with what I’ve said before, which is, we are not concerned with where the dollar is in the short term,” he said. read more

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Controversial debt buyers get a break under new Wisconsin law

The industry took a hit during the recession that began in 2007 when desirable debt was in low supply and more expensive. The industry is thriving again: Third-party debt ... Walker standardizes but in some cases loosens the required proof at the beginning ... read more

JOHN MAHFOOD: Long-term preparation key to listing

"Walkerswood had lots of debt and we just did not have the resources at the time to be able to take it on." A potentially good asset had slipped by, but a valuable lesson was learned. "We vowed that we never wanted to find ourselves in that position again ... read more

Officials' embrace of Occupy L.A. loosens a bit over fiscal issue

"If these companies have ripped us off, we should at least put them through additional hurdles before they can do business with us again." But Santana's warnings ... plans to issue $110 million in short-term debt. The borrowed money would help pay for ... read more

News Analysis: Japan plans record spending as debt piles up, defense spending to balloon for 5th straight year

and more extra budgets will be pumped out by Abe's administration that preaches austerity on the one hand yet looks to spending for stimulus time and again, despite the fact that public debt currently stands at 240 percent the size of Japan's economy and ... read more

UPDATE 1-China May home prices fall, pace of declines picks up

In month-on-month terms, home prices fell 0.1 percent ... Many Chinese buyers worry about a rebound in property prices as the government loosens monetary policy to spur a slowing economy, although Beijing has retained its administrative curbs on the ... read more

GERARD HOWLIN: No-one will win if the Government loosens the budget purse strings

Mid-term elections are like burying a parent ... They have no intention of letting go again. It’s a morality tale observing how politicians change over the course of an electoral cycle. This government came into office full of good intentions and ... read more

Air Zimbabwe prepares to rebuild its regional network and relaunch London services

Air Zimbabwe is about to move into the next phase of its rebuilding programme with the launch of three more regional services and its first long-haul service to London since the carrier was grounded under a mountain of debt in Jan-2012. The Zimbabwe flag ... read more

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