All articles tagged with #payment delay
In June 2025, there will be no Social Security or SSI payments due to scheduling adjustments, with an early payment made on May 30 for SSI beneficiaries. Future months will see double payments in August, October, and December when the first of the month falls on a weekend or holiday. Beneficiaries should plan ahead and stay informed about the SSA's payment schedule.
Elon Musk's rebranded Twitter platform, X, is facing delays in making promised payments to subscribers of its "Ads Revenue Sharing" program. The program, aimed at helping users earn a living directly on X, has experienced overwhelming interest, causing a delay in processing payments. Musk acknowledged the delay on Twitter, stating that payments would take a few more days to process. This delay adds to a growing list of payment issues faced by X, including unpaid bills and severance payments. Despite the delay, Musk remains optimistic about the platform's financial situation and the eventual payment of subscribers.
Mallinckrodt, the pharma giant behind morphine and codeine, has delayed its $200 million payment towards a $1.7 billion settlement for its role in fueling the opioid crisis. The company has already paid $450 million towards the total, but is reportedly seeking waivers from potential defaults and has considered filing for a second bankruptcy. Mallinckrodt still owes $1.25 billion under the opioid plan, and a decision has yet to be made on Friday's payment. Victims of the opioid crisis are far back in the pecking order for repayment, with the company's lenders at the top of the food chain.
Twitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, leading to a high-stakes conflict between the companies that could result in Twitter’s trust and safety teams being crippled. The company has been trying to renegotiate its contract with Google since at least March and has also delayed payments to Amazon Web Services, leading the company to threaten withholding advertising payments.
Russian troops fighting in Ukraine and their families are complaining about delayed or non-payment of salaries, allowances, and social benefits. Despite being offered much more than the national average salary to join President Vladimir Putin's forces, there have been numerous reports of Russian soldiers complaining of poor training and lack of payments. The affected include professional soldiers, those who enlisted in the army, as well as conscripts called up during Russia's "partial" military mobilization drive. The problems in troop payments stem from the struggle of the Russian military's bureaucracy to keep track of the huge number of additional soldiers in its ranks.