🇺🇸 Subprime lender files for chapter 11 bankruptcy!
PrimaLend Capital Partners filed for Chapter 11 bankruptcy protection on Wednesday, in another sign that low-income consumers in the United States are under strain.
The company's filings in a Texas court showed that it listed both assets and liabilities of less than $500 million.
Subprime lenders provide loans to borrowers with weaker credit histories or lower credit scores, typically at higher interest rates to offset the increased risk of default.
Last month, Bloomberg News reported that PrimaLend's creditors were weighing pushing the firm into bankruptcy after going unpaid for months.
Tricolor, which sold cars and provided auto loans mostly to low-income Hispanic communities in the Southwestern United States, also filed for bankruptcy protection in September.
Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
🇺🇸❌🇮🇷 — Ground clashes are occuring between IRGC soldiers and American CSAR troops. American soldiers are inside Iran.
@GeoPWatch
⚡🇺🇸 Rumors have emerged that President Trump is in the hospital as all roads leading to Walter Reed Medical Center have been cordoned off and a "lid" has been called today by the White House, meaning Trump won't appear in public.
The White House has denied the rumors and it is Saturday, but those are the rumors.
@medmannews
🇺🇸🇮🇷🇮🇱 - WAR IN IRAN | APRIL 3rd, DAY 35 RECAP:
🇮🇷🇰🇼 - Iran has struck the Mina Al-Ahmadi refinery in Kuwait. Multiple fires have been reported.
🇱🇧🇮🇱 - “The disarmament of Hezbollah is not one of the objectives of the IDF’s fighting in Lebanon at this stage,” the IDF said.
🇮🇷🇰🇼 - Iran has struck a Kuwaiti power and desalination plant, causing damage, according to the Kuwait Ministry of Electricity.
🇮🇷🇦🇪 - Habshan gas facilities in Abu Dhabi have temporarily suspended operations after a fire broke out due to an Iranian attack.
🇫🇷🇮🇷 - A French-owned cargo ship crossed the Strait of Hormuz earlier this morning. It was broadcasting its position and planned route openly and encountered no incident.
🇺🇸🇮🇷 - A U.S. F-15 fighter jet was shot down over southwestern Iran. One pilot has been rescued, while the second is still missing, according to the Pentagon.
🇮🇷🇶🇦🇵🇰 - “In a dramatic turn of ...