Tagged Under: bankruptcy
11/16/2023 / By Ramon Tomey
The Miss Universe pageant, which recently went down the road of wokeism, has now gone bust days before holding its 2023 iteration in El...
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11/16/2023 / By Kevin Hughes
A major franchisee for fast-food joint Burger King with operations in Alabama and Georgia has filed for bankruptcy. Premier Kings, which owns 172...
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11/13/2023 / By Ethan Huff
WeWork, the largest private office lessee in Manhattan, has collapsed into bankruptcy after reaching an astounding $47 billion valuation in 2019 just...
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11/12/2023 / By Belle Carter
There are a lot of indicators that the Americans' fear of the imminent bankruptcy of the United States is coming sooner than later. The U.S....
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11/10/2023 / By Ramon Tomey
WeWork, a company specializing in shared office spaces, has filed for bankruptcy. CNBC reported that the company, whose headquarters is located in...
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10/30/2023 / By Olivia Cook
CVS, Rite Aid and Walgreens – drugstore chains for decades – are now closing thousands of stores, leaving health gaps in a growing number of...
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10/24/2023 / By Richard Brown
Nishad Singh, a former engineer for the cryptocurrency exchange FTX, said its founder Sam Bankman-Fried had donated customers' money to Democratic...
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10/19/2023 / By Ramon Tomey
Vaccine giant Pfizer has been forced to implement cost-cutting measures after a significant decline in the uptake of its Wuhan coronavirus (COVID-19)...
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10/17/2023 / By Arsenio Toledo
Drugstore chain Rite Aid has filed for Chapter 11 bankruptcy protection in New Jersey owing to soaring debts and said it would be closing...
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09/25/2023 / By Ethan Huff
As much as 25 percent of pharmacy chain Rite Aid's retail footprint could disappear in the coming days as one of the top 10 largest pharmacies in the...
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09/20/2023 / By Belle Carter
East Coast's largest groundfish company has filed for bankruptcy, according to records in U.S. federal court in Delaware, leaving employees without a...
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09/18/2023 / By Belle Carter
Democratic Chicago Mayor Brandon Johnson has been exploring opening taxpayer-funded, city-owned grocery stores in areas where businesses have already...
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09/14/2023 / By Richard Brown
Carlos Lopez traveled from Tampa to Orlando to purchase a car only to be told that Florida-based dealership chain Off Lease Only has closed down and...
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09/06/2023 / By Laura Harris
Car dealerships are now rejecting further deliveries of electric vehicles (EVs) due to low sales. But despite this, EV manufacturers...
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08/30/2023 / By Belle Carter
The shares of the bankrupt former Chinese property giant Evergrande plunged 79 percent on Monday, its first trading day following a suspension of...
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08/21/2023 / By Richard Brown
Evergrande Group, once hailed as one of China's most prominent real estate giants, has experienced a dramatic fall that has sent shockwaves through...
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08/17/2023 / By Zoey Sky
Yellow, the freight-trucking company formerly known as YRC Worldwide, is struggling and filing for bankruptcy three years after receiving a $700...
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08/14/2023 / By Ethan Huff
A Burlingame, Calif.-based electric vehicle (EV) and bus company called Proterra filed for bankruptcy last week despite having previously been...
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08/10/2023 / By Kevin Hughes
Another bank and a trucking firm collapsed in late July, adding to the list of companies that have buckled under economic pressure in the United...
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08/03/2023 / By Belle Carter
The trucking industry's third-largest less-than-truckload (LTL) carrier Yellow Corp stopped operations on Sunday afternoon and Teamsters Union, which...
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