Stories Tagged: bankruptcy

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Diversifying Portfolios with Alternative Investments in the Interest Rate Environment of 2024

Mohamed El-Erian, President of Queens' College, Cambridge, predicts that credit risk will... (16 revisions)

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Party City Holdco Faces Investor Investigation and Bankruptcy

Party City Holdco Inc, a retail company specializing in party supplies, is facing an... (1 revisions)

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The Diverging Fortunes of Hertz and Carvana in the Car Industry

Carvana and Hertz, two companies in the car industry, have experienced contrasting fortunes.... (1 revisions)

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Challenges Faced by Central Plaza and Clerys Quarter Commercial Developments in Dublin

The Central Plaza and Clerys Quarter commercial developments in Dublin are facing economic... (1 revisions)

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How does Celsius Network plan to repay creditors and emerge from bankruptcy?

Celsius Network, a crypto company in the final stages of bankruptcy, has revealed its plan to... (1 revisions)

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Ousted WeWork Co-founder Adam Neumann Bids to Buy Back the Company

Adam Neumann, the co-founder of WeWork who was ousted from the company, has reportedly made a... (3 revisions)

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FCA Secures Bankruptcy Order Against Pension Promoters in Effort to Recover Restitution Order

In a recent development, the Financial Conduct Authority (FCA) has obtained bankruptcy orders... (3 revisions)

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The Impact of Yellow's Bankruptcy on the Trucking Industry and the Economy

The health of the trucking industry is a crucial indicator for the overall economy [ebed1830].... (5 revisions)

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The Growing Threat of 'Zombie' Companies: More Proof of Big Economic Trouble Ahead

Debt-laden companies across Europe, Middle East and Africa face a $500 billion refinancing... (6 revisions)

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Biden's Debate Disaster Raises Concerns Over Asia's $3 Trillion U.S. Debt

Moody's has issued a warning about a possible downgrade of the US credit rating due to political... (6 revisions)

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Coach USA Files for Bankruptcy Due to Decline in Ridership

Millions of Americans are facing the potential loss of their primary mode of transportation as... (6 revisions)

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Kohl’s and Walmart Announce Partnerships to Expand Product Offerings and Boost Sales

Kohl’s, a US retailer, has announced a partnership with WHP Global, the owner of Babies R Us, to... (7 revisions)

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Outdoor Voices, Esprit's Swiss Subsidiary, US Fashion Retailer Rue21, and Luxury Lifestyle Retailer Oka Face Challenges and Store Closures

As the retail industry continues to face challenges, several popular clothing retailers have... (7 revisions)

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US Judge Approves WeWork's Chapter 11 Bankruptcy Plan, Allowing Debt Discharge and Equity Transfer

WeWork, backed by SoftBank, has filed for bankruptcy protection in the US. The company's plans... (9 revisions)

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Medical Properties Trust Exceeds Liquidity Target as U.S. Hospital Network Steward Files for Bankruptcy

Shares of Medical Properties Trust, Inc. (MPW) surged 19% in Monday morning trading after the... (9 revisions)

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US Court Allows Sale of Conspiracy Theorist Alex Jones' Assets but Spares Business

Controversial conspiracy theorist Alex Jones is facing bankruptcy and lawsuits. Jones, who has... (12 revisions)

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US Supreme Court Rejects Opioid Settlement, Ruling Against Shielding Sackler Family

Shares of Berkshire Hathaway dipped as the U.S. government warned of a potential lawsuit against... (13 revisions)

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Primary Contractor for QatarEnergy-Exxon LNG Plant in Texas Files for Bankruptcy

Woodside Energy Group Ltd. CEO Meg O’Neill has emphasized the need for regulatory reform in... (17 revisions)

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Rite Aid's CEO Payout Becomes Point of Contention as the Company Seeks to Exit Bankruptcy

Rite Aid's lenders are demanding a reduction in CEO Jeffrey Stein's proposed $20 million payout... (18 revisions)

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Red Lobster Files for Chapter 11 Bankruptcy Amidst Challenging Economic Conditions; Major Restaurant Chains Experience Closures Across the U.S.

Red Lobster, the largest seafood restaurant chain in the world, has filed for Chapter 11... (19 revisions)

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Chinese Semiconductor Industry Faces Bankruptcies and Withdrawn IPO Applications

China's semiconductor industry is facing challenges as smaller companies go bankrupt and others... (27 revisions)