Germany has experienced an increase in corporate bankruptcies as 5,209 companies filed for insolvency in the first quarter, according to the Federal Statistical Office, Destatis. The first three months of this
More than 40% of farm bankruptcies over the last year were filed in the Midwest. By Casey Leins | Nov. 4, 2019, at 4:49 p.m. Save More Farm Bankruptcies By State More Getty Images Wisconsin had the most farm bankruptcies of any state last year. Wisconsin has seen the highest ...
3 said it had filed for Chapter 11 bankruptcy and that it would shut down its American Freight business the same week. The company, which also owns Vitamin Shoppe, Pet Supplies Plus and Buddy’s Home Furnishings, has gone to the U.S. Bankruptcy Court for the District of Delaware with ...
Moxion Power, a Bay Area battery startup, once had cash coffers of $110 million. But last week, when it filed for Chapter 7 bankruptcy, it had just $201,980 in the bank. The companycollapsed this summer, putting nearly 350 people out of work. ...
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From executive missteps to pandemic-related shutdowns, we look at why some of the biggest retailers, including Bed Bath & Beyond and JCPenney, have filed for bankruptcy. Where is this data coming from? Start your free trial today Email Modern-day retail is at an inflection point as ...
Two iconic national businesses with outlets in Pasadena have filed for Chapter 11 bankruptcy protection, adding to the severe economic pain wrought by the Coronavirus pandemic. Clothing retailer J. Crew and the Gold’s Gym chain made the moves on Monday, while car rental giant Hertz is ...
And record continued to be broken, including most recently, by software firm Near Intelligence, which filed for bankruptcy on December 11, 2023, just nine months after going public via SPAC in March 2023. The stock kathoomphed 75% in its first wee...
With the Dow up around 10,000, here's a dark indicator to add to the mix: A record number of companies have filed for bankruptcy so far this year: Through Oct. 15,4,585 U.S. companies filed for protection under Chapter 11, says Richard Peterson, a director of Standard & Poor's ...
After declining by about 25% in the first quarter, the global luxury market is expected to slow further, and could contract 20% to 35% this year, according to Bain and Co. Read more ➔ Back to top J. Crew Filing date:May 4 Outcome:J. Crew filed for Chapter 11 with plans to ...