Latest news with #repo
Yahoo
10 hours ago
- Yahoo
Repo man shot in store parking lot: Horn Lake Police
MEMPHIS, Tenn. — A man was shot in a store parking lot after trying to repo a car, Horn Lake police confirmed. At approximately 5 p.m., officers responded to the area of 7256 Interstate Blvd for a complaint of shots being fired. Officers said they were able to determine that a victim had attempted to repo a car on the lot when he had been shot. The victim initially drove himself to Baptist DeSoto Hospital, but he was later transferred to Regional One in Memphis. The victim is in critical condition. Investigators on the scene said they are trying to gather more information and identify the possible shooter. We will update this story when more information becomes available. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
25-05-2025
- Automotive
- Yahoo
Tommy Paul keeps on truckin' at French Open after getting his repossessed vehicle back
PARIS (AP) — Tommy Paul was pleased to come back to win his first-round match at the French Open on Sunday, of course, but perhaps not as thrilled as he was to discuss regaining the truck that was repossessed back home in Florida when he accidentally missed some payments. The 12th-seeded Paul kept on truckin' with his clay-court results at Roland-Garros by eliminating Elmer Moller of Denmark 6-7 (5), 6-2, 6-3, 6-1 at Court Simonne-Mathieu on a day that alternated a light rain and heavy wind with sunshine. Afterward, the 2023 Australian Open semifinalist explained that his vehicular adventures that arose while he was reaching the semifinals at the Italian Open earlier this month resulted from changing banks and forgetting to properly adjust the automatic payments for his Ford F-150. 'I missed, I think it was, like three payments. They came and took it. I didn't know it happened like that. I didn't know how quick they would come and grab it — like in the middle of the night,' Paul said. 'Now I'm watching all these 'repo' shows, where they come in and swoop trucks at 1 in the morning. It's definitely a funny experience. To be in Europe while it happened is even crazier. But we did get it back.' He found out that the truck was gone when his trainer — who was back in Florida — asked Paul to check his security camera footage to see whether there were any packages that had been delivered to the house and needed to be picked up. To Paul's surprise, he recounted Sunday, 'There were no packages — and no truck.' When he scrolled back through the video, the 28-year-old American who grew up in New Jersey saw what happened. 'I'm like, 'What the hell is going on? There's a tow truck coming and taking my car!' I thought it was stolen at first,' he said. When he figured it out, Paul took to social media and posted the black-and-white footage of his property being towed away from his driveway, adding a soundtrack of Celine Dion's 'My Heart Will Go On.' ___ Howard Fendrich has been the AP's tennis writer since 2002. Find his stories here: More AP tennis: Howard Fendrich, The Associated Press
The Independent
25-05-2025
- Automotive
- The Independent
Tommy Paul keeps on truckin' at French Open after getting his repossessed vehicle back
Tommy Paul was pleased to come back to win his first-round match at the French Open on Sunday, of course, but perhaps not as thrilled as he was to discuss regaining the truck that was repossessed back home in Florida when he accidentally missed some payments. The 12th-seeded Paul kept on truckin' with his clay-court results at Roland-Garros by eliminating Elmer Moller of Denmark 6-7 (5), 6-2, 6-3, 6-1 at Court Simonne-Mathieu on a day that alternated a light rain and heavy wind with sunshine. Afterward, the 2023 Australian Open semifinalist explained that his vehicular adventures that arose while he was reaching the semifinals at the Italian Open earlier this month resulted from changing banks and forgetting to properly adjust the automatic payments for his Ford F-150. 'I missed, I think it was, like three payments. They came and took it. I didn't know it happened like that. I didn't know how quick they would come and grab it — like in the middle of the night,' Paul said. 'Now I'm watching all these 'repo' shows, where they come in and swoop trucks at 1 in the morning. It's definitely a funny experience. To be in Europe while it happened is even crazier. But we did get it back.' He found out that the truck was gone when his trainer — who was back in Florida — asked Paul to check his security camera footage to see whether there were any packages that had been delivered to the house and needed to be picked up. To Paul's surprise, he recounted Sunday, 'There were no packages — and no truck.' When he scrolled back through the video, the 28-year-old American who grew up in New Jersey saw what happened. 'I'm like, 'What the hell is going on? There's a tow truck coming and taking my car!' I thought it was stolen at first,' he said. When he figured it out, Paul took to social media and posted the black-and-white footage of his property being towed away from his driveway, adding a soundtrack of Celine Dion's 'My Heart Will Go On.' ___
Associated Press
25-05-2025
- Automotive
- Associated Press
Tommy Paul keeps on truckin' at French Open after getting his repossessed vehicle back
PARIS (AP) — Tommy Paul was pleased to come back to win his first-round match at the French Open on Sunday, of course, but perhaps not as thrilled as he was to discuss regaining the truck that was repossessed back home in Florida when he accidentally missed some payments. The 12th-seeded Paul kept on truckin' with his clay-court results at Roland-Garros by eliminating Elmer Moller of Denmark 6-7 (5), 6-2, 6-3, 6-1 at Court Simonne-Mathieu on a day that alternated a light rain and heavy wind with sunshine. Afterward, the 2023 Australian Open semifinalist explained that his vehicular adventures that arose while he was reaching the semifinals at the Italian Open earlier this month resulted from changing banks and forgetting to properly adjust the automatic payments for his Ford F-150. 'I missed, I think it was, like three payments. They came and took it. I didn't know it happened like that. I didn't know how quick they would come and grab it — like in the middle of the night,' Paul said. 'Now I'm watching all these 'repo' shows, where they come in and swoop trucks at 1 in the morning. It's definitely a funny experience. To be in Europe while it happened is even crazier. But we did get it back.' He found out that the truck was gone when his trainer — who was back in Florida — asked Paul to check his security camera footage to see whether there were any packages that had been delivered to the house and needed to be picked up. To Paul's surprise, he recounted Sunday, 'There were no packages — and no truck.' When he scrolled back through the video, the 28-year-old American who grew up in New Jersey saw what happened. 'I'm like, 'What the hell is going on? There's a tow truck coming and taking my car!' I thought it was stolen at first,' he said. When he figured it out, Paul took to social media and posted the black-and-white footage of his property being towed away from his driveway, adding a soundtrack of Celine Dion's 'My Heart Will Go On.' ___ Howard Fendrich has been the AP's tennis writer since 2002. Find his stories here: More AP tennis:
Reuters
13-05-2025
- Business
- Reuters
UK's Reeves and Bailey hope repo system will make money for BoE
LONDON, May 13 (Reuters) - Bank of England Governor Andrew Bailey and British finance minister Rachel Reeves have raised the prospect of the BoE making money from its new system for providing reserves to banks after racking up huge losses from its bond-buying programme. The BoE has increasingly used its repo facilities as it sells down the holdings of government bonds that it began to buy as a stimulus measure during the global financial crisis of 2008-09 and which it continued to use until 2022. The long-run cost of the bond purchase programme could be around 120 billion pounds, opens new tab ($158.51 billion) as rising interest rates push down the value of the bonds. The government foots the bill for losses incurred by the BoE. In an exchange of letters published on Tuesday, Bailey and Reeves said the new, repo-based system was likely to prove less damaging for the public finances. "Dependent on the evolution of demand for reserves and the design of the Bank's repo facilities, the transition to repo is expected to generate income for the Bank and broader public sector," Reeves said in her letter to Bailey. The BoE governor said he expected the change to be profitable for the central bank. "As banks will be paying for the reserves they demand in this framework, we expect that our operations will generate positive income in the future," he said. ($1 = 0.7571 pounds)
