Showing 49 to 60 of 120 results
Party City Declares Bankruptcy, Closing Stores Nationwide
Party City, a once-thriving party supply chain, filed for bankruptcy in 2023 due to the rise of online retailers, a helium shortage impacting sales, high debt, and the impact of the COVID-19 pandemic, resulting in the closure of its stores nationwide.
Party City Declares Bankruptcy, Closing Stores Nationwide
Party City, a once-thriving party supply chain, filed for bankruptcy in 2023 due to the rise of online retailers, a helium shortage impacting sales, high debt, and the impact of the COVID-19 pandemic, resulting in the closure of its stores nationwide.
Progress
44% Bias Score
US Stocks Mixed Amidst Economic Uncertainty
US stock markets showed mixed results on Wednesday, with the Dow Jones falling 0.3%, while the Australian market is predicted to drop 0.7% at the open; Celanese plummeted 22% due to weakening demand, and Nikola filed for bankruptcy, impacting investor sentiment.
US Stocks Mixed Amidst Economic Uncertainty
US stock markets showed mixed results on Wednesday, with the Dow Jones falling 0.3%, while the Australian market is predicted to drop 0.7% at the open; Celanese plummeted 22% due to weakening demand, and Nikola filed for bankruptcy, impacting investor sentiment.
Progress
40% Bias Score
Telefónica Perú Files for Bankruptcy Amidst Mounting Losses and Tax Disputes
Telefónica Perú declared bankruptcy in 2024 due to a net loss of 3.391,59 million soles (872 million euros), a 452.83% increase from the previous year, primarily caused by long-standing tax disputes with SUNAT totaling 2.473 million soles (634.5 million euros) and high competition.
Telefónica Perú Files for Bankruptcy Amidst Mounting Losses and Tax Disputes
Telefónica Perú declared bankruptcy in 2024 due to a net loss of 3.391,59 million soles (872 million euros), a 452.83% increase from the previous year, primarily caused by long-standing tax disputes with SUNAT totaling 2.473 million soles (634.5 million euros) and high competition.
Progress
40% Bias Score
Walgreens Shuts Five California Stores Amidst Nationwide Closures
Walgreens will close five underperforming stores in California by March 2024, impacting 93 employees, as part of a larger plan to shut over 1,000 stores by 2027 due to changing consumer behavior and online competition, while its competitor CVS has greater scale and leverage.
Walgreens Shuts Five California Stores Amidst Nationwide Closures
Walgreens will close five underperforming stores in California by March 2024, impacting 93 employees, as part of a larger plan to shut over 1,000 stores by 2027 due to changing consumer behavior and online competition, while its competitor CVS has greater scale and leverage.
Progress
44% Bias Score
Joann Fabrics to Close 500 Stores Amidst Second Bankruptcy
Joann Fabrics, a crafts and fabrics retailer, is closing approximately 500 stores nationwide due to its second bankruptcy filing in less than a year, citing inventory issues and a failed attempt to find a buyer, impacting communities and employees across all 50 states.
Joann Fabrics to Close 500 Stores Amidst Second Bankruptcy
Joann Fabrics, a crafts and fabrics retailer, is closing approximately 500 stores nationwide due to its second bankruptcy filing in less than a year, citing inventory issues and a failed attempt to find a buyer, impacting communities and employees across all 50 states.
Progress
28% Bias Score
D-reizen Bankruptcy Primarily Caused by COVID-19 Pandemic
The bankruptcy of Dutch travel agency D-reizen in April 2021, impacting 1200 employees and thousands of customers, was primarily caused by the COVID-19 pandemic's drastic reduction of its €550 million annual turnover to €25 million, despite an investigation clearing its leadership of financial wrong...
D-reizen Bankruptcy Primarily Caused by COVID-19 Pandemic
The bankruptcy of Dutch travel agency D-reizen in April 2021, impacting 1200 employees and thousands of customers, was primarily caused by the COVID-19 pandemic's drastic reduction of its €550 million annual turnover to €25 million, despite an investigation clearing its leadership of financial wrong...
Progress
40% Bias Score
Nikola Files for Bankruptcy After Founder's Fraud Conviction
Troubled electric vehicle maker Nikola, after founder Trevor Milton's fraud conviction and dwindling funds, filed for Chapter 11 bankruptcy protection with $47 million in cash, planning limited operations until March, pending court approval.
Nikola Files for Bankruptcy After Founder's Fraud Conviction
Troubled electric vehicle maker Nikola, after founder Trevor Milton's fraud conviction and dwindling funds, filed for Chapter 11 bankruptcy protection with $47 million in cash, planning limited operations until March, pending court approval.
Progress
52% Bias Score
Northvolt Sells Profitable Industrial Battery Unit to Scania
Northvolt, a Swedish electric battery maker, sold its profitable Northvolt Systems Industrial unit to Scania, a key customer, for an undisclosed sum; the unit makes battery packs for heavy industry and is based in Gdansk, Poland.
Northvolt Sells Profitable Industrial Battery Unit to Scania
Northvolt, a Swedish electric battery maker, sold its profitable Northvolt Systems Industrial unit to Scania, a key customer, for an undisclosed sum; the unit makes battery packs for heavy industry and is based in Gdansk, Poland.
Progress
44% Bias Score
Telefónica Peru Files for Bankruptcy Amidst Long-Standing Tax Disputes
Telefónica's Peruvian subsidiary filed for voluntary bankruptcy due to over 20 years of tax disputes and administrative challenges, receiving a €400 million credit line from Telefónica Hispanoamérica to maintain operations during restructuring.
Telefónica Peru Files for Bankruptcy Amidst Long-Standing Tax Disputes
Telefónica's Peruvian subsidiary filed for voluntary bankruptcy due to over 20 years of tax disputes and administrative challenges, receiving a €400 million credit line from Telefónica Hispanoamérica to maintain operations during restructuring.
Progress
40% Bias Score
Bankruptcy: Long-Term Consequences and Alternatives
Filing for bankruptcy offers debt relief but carries long-term credit and financial implications; understanding different bankruptcy types, nondischargeable debts, and alternative options is crucial before deciding.
Bankruptcy: Long-Term Consequences and Alternatives
Filing for bankruptcy offers debt relief but carries long-term credit and financial implications; understanding different bankruptcy types, nondischargeable debts, and alternative options is crucial before deciding.
Progress
48% Bias Score
Judge Blocks Infowars Auction, Delaying Sandy Hook Families' Damages Recovery
A federal bankruptcy judge rejected a deal to auction Alex Jones' Infowars, delaying the Sandy Hook families' $1.3 billion judgment collection. The judge cited jurisdictional issues, limiting the sale to Jones' equity, not company assets, creating uncertainty about the families' recovery and the fut...
Judge Blocks Infowars Auction, Delaying Sandy Hook Families' Damages Recovery
A federal bankruptcy judge rejected a deal to auction Alex Jones' Infowars, delaying the Sandy Hook families' $1.3 billion judgment collection. The judge cited jurisdictional issues, limiting the sale to Jones' equity, not company assets, creating uncertainty about the families' recovery and the fut...
Progress
48% Bias Score
New Orleans Archbishop Fires Food Bank Leaders Amid Sexual Abuse Settlement Dispute
The Archbishop of New Orleans fired the leadership of the church-affiliated Second Harvest food bank on Thursday for refusing a $16 million contribution to settle clergy sexual abuse claims; this follows months of pressure and raises concerns about jeopardizing the food bank's funding and services t...
New Orleans Archbishop Fires Food Bank Leaders Amid Sexual Abuse Settlement Dispute
The Archbishop of New Orleans fired the leadership of the church-affiliated Second Harvest food bank on Thursday for refusing a $16 million contribution to settle clergy sexual abuse claims; this follows months of pressure and raises concerns about jeopardizing the food bank's funding and services t...
Progress
40% Bias Score
Showing 49 to 60 of 120 results