Business
Embattled flexible workspace provider WeWork is in “selective default” after failing to meet conditions set by debt holders, ratings agency S&P said Wednesday. S&P’s...
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All posts tagged "bankruptcy"
Business
US pharmacy chain Rite Aid filed for bankruptcy, the company said, after suffering declining sales and legal threats.
Business
The imminent demise of household goods seller Wilko highlights the challenges UK retailers currently face amid decades-high inflation and anaemic economic growth, but experts...
Business
The US District Judge Jed Rakoff has criticized the Department of Justice (DoJ) for not criminally prosecuting senior bankers.
Business
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it.
Business
The administrators of British household goods company Wilko have said there will “likely” be redundancies and store closures after they were unable to find...
Business
Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its...
Business
British household goods company Wilko has collapsed owing to big debts, its boss announced Thursday, impacting about 12,500 jobs as high inflation and interest...
Business
Dutch electric bicycle maker VanMoof has been declared bankrupt, prompting the company to cease sales on Tuesday and angering customers who sought to file...
Business
US prosecutors arrested the former head of Celsius Network on fraud charges on Thursday, a year after the cryptocurrency platform filed for bankruptcy protection...