| Nigeria: BON Laments Non-Payment of N8b Debt By Advert Agencies
Broadcasting Organisation of Nigeria (BON) has said that the N8 billion debt owed it by members of advertising agencies may cripple the activities of broadcast organisations if the debt is not settled. Chairman of BON, Alhaji Abubakar Jijiwa disclosed this at its 46th general assembly which opened yesterday in Abuja. .
AMD sells 8.1 percent stake to Abu Dhabi
With oil prices surging and U.S. stock prices slumping, chip maker Advanced Micro Devices Inc.'s sale of an 8.1 percent stake to the Abu Dhabi government's investment arm represents the latest plunge by a wealthy Middle Eastern nation into a troubled U.S. corporation. .
Many college graduates are buried by debt
HACKENSACK, N.J. -- It's no small thing to make it to the top of one of U.S. News and World Reports' college lists. But the folks at Seton Hall University aren't exactly celebrating their No. 1 national ranking for student-loan debt. Sixty-one percent of students graduating from the South Orange, N.J., campus have to pay back student loans -- the average totaling $37,724, according to America's Best Colleges 2008. The numbers are high but they are not an aberration. Nationally, nearly two-thirds of graduates of four-year schools have debt, according to the Project on Student Debt. That debt load averages $20,000. New federal measures are expected to ease some of the burden going forward. But, for now, student debt -- which is estimated to have more than doubled in the last decade -- has a stranglehold on many students and families.
JK Harris Lends Illinois Man Helping Hand With Student Loan Troubles
JK Harris helps Illinois man consolidate student loans, reduce monthly payments and prevent wage garnishment. North Charleston, SC (PRWEB) November 1, 2007 -- Student loan debt can add up quickly. And when it does, there are federal programs available to help. James Tweddell of Springfield, IL, owed nearly $20,000 in student loans, and he couldn't afford the monthly payments that were being demanded of him. That's when Tweddell came to JK Harris and Company for help. The North Charleston-based company is the nation's largest tax resolution firm but also handles student loan issues. Because he was in default of his student loans, the issues that faced Tweddell were high monthly payments he could not afford and the threat of a wage garnishment by the Illinois Student Assistance Commission (ISAC).
Delta Air forms a committee to review possible mergers; Merrill Lynch taps NYSE head to steer through credit crisis.
ATLANTA — United Airlines and Delta Air Lines have been discussing a combination between the nation's second- and third-largest carriers that would keep the United name and corporate headquarters in Chicago, according to an official with knowledge of the talks. Earlier Wednesday, Delta said its board established a special committee to work with management to review and analyze strategic options for the airline. Top executives have said recently they are trying to determine whether consolidation makes sense for Delta. Delta issued a statement denying "published reports that it had engaged in merger talk with United." CEO Richard Anderson was quoted as saying, "There have been no talks with United regarding any type of consolidation transaction." United called the report "wholly inaccurate." INVESTMENT BROKERS Merrill Lynch names a CEO to steer it through credit crisis NEW YORK — Merrill Lynch & Co.
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