The Icelandic economy was hit hard by the global economic and financial crisis that started in the fall of 2008. During this crisis the three largest banks all collapsed and many other smaller banks and companies went bankrupt in the aftermath of the crisis with severe consequences for the ...
In recent years, the Chinese automobile industry has undergone tremendous changes, with rapid development of electrification and intelligentization, making car companies that stick to the old era face the risk of falling behind at any time, and many joint venture brands are facing unprecedented crises...
It seems easy to look backwards and determine if an innovation was sustaining or disruptive by looking at how incumbent companies fared after that innovation came to market: if the innovation was sustaining, then incumbent companies became stronger; if it was disruptive then presumably startups capt...
The three companies all went bankrupt and are currently at various stages of settling their debts, with Celsius having just emerged from bankruptcy in January. Celsius' ex-CEO Mashinsky faces criminal trial in the U.S. later this year...
The situation is reminiscent of what happened to Fisker Automotive, an electric-vehicle company based in Anaheim, California, which earned scathing comparisons to the now-defunct solar panel company Solyndra from the Romney camp this summer during one of its campaign stops. Solyndra went bankrupt in...
agreed with Bannon’s stance on increasing taxes on companies and wealthy individuals. Both Olsen and Bannon share some common arguments. They make a political argument that the GOP will benefit politically if it embraces class warfare. I’m very skeptical. If voters want that approach, they’...
Great Place to work until they went bankrupt Store Manager/District Training Manager Lexington, NC Working for BigLots as a Store manager was pretty easy after training my management staff my expectations. Following the work regimen was simplified with their Work Big program, email and weekly confe...
However, the limits to the FDIC's mandate and the existing US resolution regime became apparent as the investment bank Lehman Brothers went bankrupt, and investment bank Bear Stearns and insurer AIG had to resort to Federal Reserve emergency support (Klein, 2017). These insti- tutions were ...
Its Clean Power Plan called for pushing electric utilities to pivot from coal to gas in the hope that it would shrink their carbon emissions. Exporting LNG, the thinking went, would encourage the same sort of fuel-switching abroad, while also rescuing floundering U.S. gas companies, injecting...
so they decided to sell all the leather wallets at 20 yuan (around $2.9), adopted the same melody but changed the lyrics. The adapted song (Zhejiang Hangzhou NetEase is Recruiting) was so funny that it went viral on the internet. When most tech companies appeal to graduates’ emotions, Ne...