U.S. corporate bankruptcies continue to pile up amid the coronavirus pandemic but at a rate that continues to slow down from earlier in the crisis. Twenty companies joined the list of bankruptcies in the last two weeks, according to an S&P Global Market Intelligence analysis. This is slightly below the number of filings in comparable…
Buffeted by the pandemic coming on top of long-term changes in health care, the owner of Franklin Regional Hospital and Lakes Region General Hospital has declared bankruptcy, with Concord Hospital stepping up as a suitor. Mondays decision by two of the states smallest hospitals to declare Chapter 11 bankruptcy is part of a general pattern…
Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return since Sept. 23, 2010 is 276.8%. On that day in history, movie rental giant Blockbuster officially declared bankruptcy, officially marking the changing of the guard in video entertainment to Netflix, Inc. (NASDAQ: NFLX)…
Britain’s ‘biggest bankrupt’: Steel tycoon Pramod Mittal who spent 50million on his daughter’s wedding claims he owes staggering 2.5billion and only owns 45 of land Pramod Mittal, 64, lost his fortune when a major financial deal turned sour Scion of the ultra-rich Mittal steel dynasty says he owns assets of just 110,000 His brother, Lakshmi,…
Posted October 20, 2020 12:20 am Smaller font Descrease article font size –A Larger font Increase article font size A+ Swimco has declared bankruptcy and closed all store locations until further notice, according to a recent announcement on its website. Thank you for all the support and memories you gave us during this adventure, the…
The administrator of the liquidated Latvijas Krjbanka recovered EUR 3 339 in September 2020, which is slightly less than a month prior, according to the account published in the Latvian Herald. In September 2020 the administrator recovered all the money from issued loans. This means that in the nine months of 2020 Latvijas Krjbanka administrator…
Photo courtesy of Le Pain Quotidien The pandemic hasnt been good to the restaurant industry and the result has affected a wide range of concepts, from child-focused chains such as Chuck E. Cheese to urban bakery/caf concepts like Le Pain Quotidien. But most them have something in common: They were not necessarily prepared for the…
A bankrupt gym and construction entrepreneur previously involved in several collapsed companies is being chased by a number of Brisbane tradespeople and businesses who claim they are owed thousands of dollars for work on Fit Village facility in the suburb of Paddington. Jacob Jake Henley, described as the founder of Fit Village also appeared in…
{{featured_button_text}} MATTOON Gloria Spear, the director of Environmental Health for the Coles Health Department, was the guest speaker at the Kiwanis Club of Mattoon Zoom meeting on September 23. Spear discussed COVID-19 and how it has affected Coles County. Spear touched on events in the early days of the pandemic and how they unfolded in…
Many Kannada movie stars are going all out to support weavers in distress by buying their products, and talking about them online. Duniya Vijay, Priyanka Upendra, Dhruva Sarja, Ishaan, Parul Yadav, Ashika and Krishna have launched the Desi Mystery Bag campaign in support of the Desi Trust and Charaka Cooperative Society. Ahead of the festive…