Business
'Water bankruptcy' — U.N. scientists say much of the world is irreversibly depleting water
Dozens of the world’s major rivers are so heavily tapped, they often run dry before reaching the sea. More than half of all large lakes…
Tag
bankruptcy
Business
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker iRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics. Founded 35 years…
Business
Envy’s ex-directors seek bankruptcy after being found liable for breach of duties in nickel trading fraud
Judicial Commissioner Mohamed Faizal finds that Lee Si Ye and Ju Xiao had breached their duties as directors of Envy group of companies A…
Business
Spirit Airlines bankruptcy tees up painful cuts in survival bid
Spirit Aviation Holdings’ second bankruptcy filing in a year signals that the low-cost carrier is finally facing up to the painful steps…
Business
The Moral and Factual Bankruptcy of Generation Z
Contrary to progressive delusions, young people are not especially enlightened. Quite the opposite. Source link
Business
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment Del Monte Pacific…
Business
Microsoft-backed Builder.ai set for bankruptcy after cash seized
Builder.ai, the British artificial intelligence startup backed by Microsoft and the Qatar Investment Authority, is filing for bankruptcy…
Business
WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed…
Business
Congressmen sound alarm over data privacy following 23andMe bankruptcy
Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic testing…
Business
Hooters Files for Bankruptcy, but Its Restaurants Will Stay Open
Hooters, the restaurant chain known for its chicken wings, its all-female serving staff in revealing outfits and its slogan —…
Business
Hooters files for bankruptcy as brand eyes turnaround plan
It listed assets of US$50 million to US$100 million and liabilities in the same range in its petition Hooters of America has filed for…
Business
Hooters files for bankruptcy with plan to bring back original founders
Hooters of America has filed for Chapter 11 bankruptcy and entered into a Restructuring Support Agreement to sell restaurants to a group…
Business
23andMe shares tumble after bankruptcy filing and California attorney general's privacy warning
South San Francisco-based genetic testing venture 23andMe saw its shares plunge more than 50% Monday after the company announced it had…
Business
23andMe Files for Bankruptcy Amid Concerns About Security of Customers’ Genetic Data
The genetic testing company 23andMe filed for bankruptcy protection on Sunday after months of uncertainty over its business model and…
Business
Spirit Airlines to exit bankruptcy under go-private deal
SPIRIT Airlines won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover offer from rival…
Business
Forever 21 plans hundreds of store closures in second bankruptcy
THE US-based operator of Forever 21 is preparing to close at least 200 more locations from the fast-fashion retailer’s shrinking store…
Business
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on…
Business
Joann Customers React to Store Closings and Bankruptcy
Crafters, quilters, knitters and makers across the country received bleak news on Wednesday when they learned that Joann, the…
Business
Forever 21 considers bankruptcy filing if asset-sale plans fail
FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to…
Politics
Party City abruptly shutting down all stores: What we know
What's New Party City is closing all of its stores, according to a corporate meeting that CNN first reported on. Newsweek reached out to…
Business
Party City mulls second bankruptcy, just over a year after first
PARTY City Holdco is considering options including a sale or a potential bankruptcy filing, just over a year after it emerged from Chapter…