Business
Norwegian Air said Monday four of its subsidiaries in Denmark and Sweden have filed for bankruptcy, affecting some 4,700 pilots and crew, as a result of the coronavirus pandemic.
Apr 20, 2020
0
4
Business
McClatchy, the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers, has filed for bankruptcy protection as it struggles to pay off debt while revenue shrinks because more readers and advertisers ...
Feb 13, 2020
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4
Energy & Green Tech
West Virginia's governor on Friday signed a bill that gives $105 million in state funding for a renewable energy battery plant in a former steel town.
Feb 25, 2023
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9
Business
Elon Musk says Twitter Inc. is "trending to breakeven" after he had to save it from "bankruptcy."
Feb 6, 2023
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4
Business
Sam Bankman-Fried has had a dizzying fall from top of the heap in the world of cryptocurrencies to staring down a hefty jail sentence on a raft of fraud charges.
Dec 13, 2022
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5
Business
The former CEO of the failed cryptocurrency exchange FTX said Wednesday that he did not "knowingly" misuse customers' funds, and said he believes his millions of angry customers will eventually be made whole.
Dec 1, 2022
0
26
Business
Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management.
Aug 10, 2022
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6
Business
Google says its Russian subsidiary is planning to file for bankruptcy because it can't pay staff and suppliers.
May 18, 2022
0
9
Business
An unplanned and complicated pregnancy pushed Carlazjion Constant of Smyrna, Tennessee, to the financial brink.
Jan 12, 2022
0
6
Business
Gawker, the gossip website forced into bankruptcy following its posting of a celebrity sex tape, is relaunching under new ownership, the publisher said Wednesday.
Jul 28, 2021
0
74
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization).
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