Bankruptcy – Page 2

2 Minutes

J&J says it has settled some talc claims, will continue bankruptcy strategy

ustowner-011 2023-12-06 01:22

Dec 5 (Reuters) – Johnson & Johnson’s (JNJ.N) worldwide vice president for litigation said on Tuesday that the company has recently reac[……] ....

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1 Minute

Trucking firm XPO to buy bankrupt Yellow’s service centers for $870 mln

ustowner-011 2023-12-06 01:10

Dec 5 (Reuters) – Trucking company XPO Inc (XPO.N) won a bid to buy 28 service centers of bankrupt Yellow Corp for $870 million in a closely[……] ....

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2 Minutes

WeWork, the office-sharing company once valued at $47B, files for bankruptcy protection

ustowner-011 2023-11-08 02:05

The company has suffered one of the most spectacular corporate collapses in recent U.S. history over the past few years. Office-sharing company&nbs[……] ....

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4 Minutes

Bankruptcies are skyrocketing — and that’s only half the story

ustowner-012 2023-05-21 03:19

There isn’t an official recession, yet. But regardless, a large — and growing — number of U.S. companies are declaring bankruptcy, based on numbers fr[……] ....

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2 Minutes

Key Biden aide: Recent bank failures ‘isolated problems’

ustowner-012 2023-05-15 03:58

National Economic Council Director Lael Brainard said on Sunday that the recent high-profile failures of three mid-sized banks were “isolated pro[……] ....

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2 Minutes

Catholic Diocese of Oakland files for bankruptcy following more than 300 lawsuits claiming sexual abuse

ustowner-012 2023-05-10 05:50

The Catholic Diocese of Oakland filed for bankruptcy protection Monday after it received more than 330 legal claims of sexual abuse, Bishop Michael C.[……] ....

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3 Minutes

Biden’s war on prescription drugs

ustowner-013 2023-04-11 05:40

President Biden wants you to believe that his fiscal year (FY) 2024 budget will save Medicare, which will be insolvent as early as 2028, without raisi[……] ....

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