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...But then the Class B bond plunged, falling to a little over half of its face value following the default....
...Yield was hard to find and cash was abundant, so borrowers’ lawyers were able to take the offensive, as a general rule....
...The commission said it was looking at whether Apple was meeting its obligations to allow users “to easily uninstall any software applications” on its iOS operating systems and change default settings, browsers...
...It’s not just the default risk, but where the corporate structure the terms of default will apply....
...Medical care was driven by strongly rising prices for hospital services (up 1.2 per cent in March), likely reflecting big recent wage increases at major hospital systems....
...When I was a banker I used to run votes to change bond contracts all the time, and sometimes it took less than a week,” said Gregory Makoff, author of the book Default: The Landmark Court Battle over Argentina...
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
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...Credit rating agency S&P Global downgraded Ethiopia’s debt to default on December 15 after the initial deadline for payment was missed....
...The FT later reported that Apollo’s offer was also rejected by Redstone, who has long preferred an arrangement with Ellison....
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...The reason this worked with AT&T was because it was a consent decree. It was negotiated in painstaking detail. That could happen. Unhedged: Lastly, let’s talk about Facebook/Meta....
...People told us, ‘You can’t put a restaurant out front of a design store like that’, but the dishes we sell are used in the service, people enjoy them and ask about them....
...“The question in the background was: ‘if Apple is going to have an auction for that prime placement, what should Google have done?’”...
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...Hunt was asked about Thames Water by reporters during a visit to Washington for the spring meetings of the IMF and World Bank....
...That was an increase from $830,437 the previous year. Iger returned to the chief executive role in November 2022 at a time when Disney was being heavily criticised for being “too woke”....
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...Chemours, which was spun out of Dupont in 2015, said it was examining how working capital was managed, and how that affected financial metrics on which executive bonuses were based....
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