Showing 25 to 36 of 155 results
Canadian Tire Bids on Hudson's Bay Intellectual Property
Canadian Tire has reportedly bid on Hudson's Bay's intellectual property, including its famed Stripes brand and Zellers, as part of the department store's creditor protection case; other bidders include Urbana Corp. and Weihong Liu, who is interested in operating some Bay stores.
Canadian Tire Bids on Hudson's Bay Intellectual Property
Canadian Tire has reportedly bid on Hudson's Bay's intellectual property, including its famed Stripes brand and Zellers, as part of the department store's creditor protection case; other bidders include Urbana Corp. and Weihong Liu, who is interested in operating some Bay stores.
Progress
44% Bias Score
German Window Maker Meeth Declares Bankruptcy Amidst Rising National Insolvencies
Meeth, a 40-year-old German window manufacturer in Wittlich, declared bankruptcy due to a confluence of factors including a faulty computer system and a broader construction industry crisis characterized by increased costs, labor shortages, and reduced building permits, resulting in 90 job losses.
German Window Maker Meeth Declares Bankruptcy Amidst Rising National Insolvencies
Meeth, a 40-year-old German window manufacturer in Wittlich, declared bankruptcy due to a confluence of factors including a faulty computer system and a broader construction industry crisis characterized by increased costs, labor shortages, and reduced building permits, resulting in 90 job losses.
Progress
40% Bias Score
Surge in US Bankruptcy Inquiries Signals Potential Economic Crisis
The number of Americans considering bankruptcy is soaring to its highest level since before the pandemic due to record debt levels, persistent inflation, and high interest rates, potentially signaling a major wave of filings in the coming months.
Surge in US Bankruptcy Inquiries Signals Potential Economic Crisis
The number of Americans considering bankruptcy is soaring to its highest level since before the pandemic due to record debt levels, persistent inflation, and high interest rates, potentially signaling a major wave of filings in the coming months.
Progress
44% Bias Score
Crozer Health CEO Resigns Amid Financial Crisis, Potential Shutdown
Facing potential closure, Crozer Health CEO Tony Esposito resigned on Friday, with Greg Williams taking over as interim CEO; the system secured short-term funding but needs a long-term solution amid financial struggles and a bankruptcy filing by its parent company.
Crozer Health CEO Resigns Amid Financial Crisis, Potential Shutdown
Facing potential closure, Crozer Health CEO Tony Esposito resigned on Friday, with Greg Williams taking over as interim CEO; the system secured short-term funding but needs a long-term solution amid financial struggles and a bankruptcy filing by its parent company.
Progress
40% Bias Score
Hudson's Bay Co. Sale Process Attracts Multiple Bidders
Facing $1.1 billion in debt and a 33 percent sales drop, Hudson's Bay Co. is undergoing a court-supervised sale process with final bids due April 30th, attracting at least four potential buyers interested in its assets, including retail operations, real estate, and intellectual property.
Hudson's Bay Co. Sale Process Attracts Multiple Bidders
Facing $1.1 billion in debt and a 33 percent sales drop, Hudson's Bay Co. is undergoing a court-supervised sale process with final bids due April 30th, attracting at least four potential buyers interested in its assets, including retail operations, real estate, and intellectual property.
Progress
32% Bias Score
HBC Cuts Executive Retirement Payments, Exposing Regulatory Gap
Hudson's Bay Co. is cutting payments to a smaller group of former executives' supplementary executive retirement plans (SERPs) after the company's liquidation, highlighting a gap in Canada's bankruptcy protection for these unregulated plans, unlike registered pension plans protected by the 2023 fede...
HBC Cuts Executive Retirement Payments, Exposing Regulatory Gap
Hudson's Bay Co. is cutting payments to a smaller group of former executives' supplementary executive retirement plans (SERPs) after the company's liquidation, highlighting a gap in Canada's bankruptcy protection for these unregulated plans, unlike registered pension plans protected by the 2023 fede...
Progress
28% Bias Score
Ebusco Faces Bankruptcy Amidst Financial Crisis
The Dutch electric bus manufacturer Ebusco faces potential bankruptcy after a supplier filed for its insolvency due to unpaid bills, following a challenging year with a €132 million loss and significantly reduced revenue, revealing critical supply chain and production issues.
Ebusco Faces Bankruptcy Amidst Financial Crisis
The Dutch electric bus manufacturer Ebusco faces potential bankruptcy after a supplier filed for its insolvency due to unpaid bills, following a challenging year with a €132 million loss and significantly reduced revenue, revealing critical supply chain and production issues.
Progress
44% Bias Score
Hudson's Bay Exceeds Liquidation Sales Projections Amidst Asset Sale
Hudson's Bay Co. is selling its assets and leases separately; 18 bidders showed interest in 65 leases, while liquidation sales from March 15 to April 18 reached $235.7 million, exceeding projections, though sales are slowing; the company's art and artifacts will also be sold.
Hudson's Bay Exceeds Liquidation Sales Projections Amidst Asset Sale
Hudson's Bay Co. is selling its assets and leases separately; 18 bidders showed interest in 65 leases, while liquidation sales from March 15 to April 18 reached $235.7 million, exceeding projections, though sales are slowing; the company's art and artifacts will also be sold.
Progress
36% Bias Score
High Interest Rates and Inflation Fuel Credit Card Debt Crisis
High credit card interest rates (averaging nearly 22%) and persistent inflation are causing widespread financial hardship, leading many to rely on credit cards for necessities, compounding debt problems, yet several expert options are available to address this.
High Interest Rates and Inflation Fuel Credit Card Debt Crisis
High credit card interest rates (averaging nearly 22%) and persistent inflation are causing widespread financial hardship, leading many to rely on credit cards for necessities, compounding debt problems, yet several expert options are available to address this.
Progress
40% Bias Score
Record High Credit Card Minimum Payments Signal US Financial Strain
A record 11.12% of US credit card accounts made only minimum payments in Q4 2024, exceeding the previous high and indicating widespread financial difficulty; delinquencies also reached a record high.
Record High Credit Card Minimum Payments Signal US Financial Strain
A record 11.12% of US credit card accounts made only minimum payments in Q4 2024, exceeding the previous high and indicating widespread financial difficulty; delinquencies also reached a record high.
Progress
40% Bias Score
Sampdoria's Fall From Grace: From Serie A Glory to Relegation Battle
Sampdoria, a once-dominant Italian football club known for its legendary players and titles, is now facing potential relegation to Serie C due to a combination of factors including the death of its long-time president, Paolo Mantovani, and subsequent mismanagement.
Sampdoria's Fall From Grace: From Serie A Glory to Relegation Battle
Sampdoria, a once-dominant Italian football club known for its legendary players and titles, is now facing potential relegation to Serie C due to a combination of factors including the death of its long-time president, Paolo Mantovani, and subsequent mismanagement.
Progress
36% Bias Score
Debt Relief Options for High-Debt Individuals
High inflation and interest rates are making it difficult for people with significant debt to get ahead; credit counseling, debt forgiveness and bankruptcy are presented as options to alleviate financial distress for those owing \$10,000 or more.
Debt Relief Options for High-Debt Individuals
High inflation and interest rates are making it difficult for people with significant debt to get ahead; credit counseling, debt forgiveness and bankruptcy are presented as options to alleviate financial distress for those owing \$10,000 or more.
Progress
48% Bias Score
Showing 25 to 36 of 155 results