Business
Dutch electric bicycle maker VanMoof has been declared bankrupt, prompting the company to cease sales on Tuesday and angering customers who sought to file charges over the shop's failure to return broken bikes.
Jul 18, 2023
0
1
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
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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
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74
Business
American rental car company Hertz on Tuesday proposed exiting bankruptcy by selling shares to two investments firms in a deal valued at up to $4.2 billion.
Mar 2, 2021
0
6
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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