(Reuters) -EchoStar is considering a Chapter 11 bankruptcy filing as the telecommunications services firm vies to shield its cache of…
Tag: Bankruptcy
Detroit carrier joins distributor in large-scale bankruptcy
A Detroit-based grocery-hauling company with over 300 trucks has filed for bankruptcy alongside several partner companies. SFD Transportation filed for…
‘Are we preparing parents for bankruptcy?’: Financial advisor slams ₹4 lakh LKG school fees
A school in Hyderabad is charging ₹4 lakh for LKG. And that’s not even the most outrageous part, many want…
DNA testing firm 23andMe files for bankruptcy as demand dries up
By Bhanvi Satija, Anusha Shah and Surbhi Misra (Reuters) -23andMe on Sunday filed for bankruptcy in the U.S. after struggling…
23andMe Stock Tumbles on Bankruptcy Filing, CEO Resignation
Justin Sullivan / Getty Images Shares of 23andMe sank Monday after the DNA tester announced a bankruptcy filing to sell…
Scania committed to buying Northvolt’s battery pack business despite bankruptcy
STOCKHOLM (Reuters) – Truckmaker Scania still intends to buy Northvolt’s battery pack business despite the Swedish battery maker having declared…
Northvolt files for bankruptcy in Sweden
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
After emerging from bankruptcy, Audacy lays off up to 300 staff (reports)
US radio broadcaster Audacy has laid off as many as 300 employees across the company in a cost-cutting initiative after…
Hooters in Talks for Potential Bankruptcy in Coming Months
(Bloomberg) — Hooters of America is working with creditors on a plan to restructure the business through bankruptcy court in…