US Says Bankruptcies Reach Nearly 5-Year High | Fox BusinessFox Business
In the three months since the economy came to a near standstill to limit the spread of the virus, close to 46 million Americans have lost their jobs. Just three months ago, unemployment sat at a half-century low. The outbreak has also been a catalyst for bankruptcies among small and big ...
The 44 bankruptcies by companies with over $50 million since Oct. 1 make the fourth quarter of 2020 the worst for that period since 2009. Several of the companies that filed for Chapter 11 protection in December cited the Covid-19 pandemic as a factor in their distress. Two different coa...
(AAHOA), released the following statement in response to ongoing reports that economic headwinds could force more hotel owners into serious financial challenges, including bankruptcies – such as a recent filing by a leading Burger King Franchisee – and out-of-court restructurings this year: ...
Locate someone or learn more about the key players in a case with a People Search. Find addresses, phone numbers, email addresses, and much more. Establish Credibility Explore someone’s online presence with social networks, employment history, and financial information — like bankruptcies and civi...
In that year expansionist energy found release in the Spanish-American War, which resulted in U.S. acquisition of Puerto Rico, the Philippine Islands, and Guam, and in a U.S. quasi-protectorate over Cuba. American ownership of the Philippines involved military subjugation of the people, who ...
Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn’t buffer cons...
The US (and Canadian) food supply is dependent to some extent on the ability of local farmers to meet expected yields. However the news from the American farm belt has not been good. Last yearUS farm bankruptcies hit an eight-year high, due largely to countervailing duties imposed by China...
particularly in California. It was at the epicentre of the US property boom of the past decade and its tax revenues have been among the hardest hit in the bust. California cities are also subject to Proposition 13, which limits their ability to raise property taxes, the biggest contributor to...
It is the most expensive corporate failure in history, according to Lynn LoPucki, a professor at UCLA, who collects data on US bankruptcies, topping fees charged in the Enron bankruptcy, which were about $750m. Lehman was also the largest-ever bankruptcy filed, with $691bn in assets, surpa...