Bankrupt Company

Wednesday, 06 December 2023

Latest News for: Bankrupt company

Edit

Cryptocurrency companies report record spending on US lobbying activities | CoinDesk JAPAN

OBN 05 Dec 2023

According to a report citing OpenSecrets research, crypto-asset companies spent $18.96 million on lobbying activities by the end of the third quarter, compared to the same period last year ... Neither company nor organization has yet responded to CoinDesk’s request for comment.

Edit

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

Reuters 05 Dec 2023

Companies ... Show more companies. 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 watched auction of the nearly 100-year-old firm's assets ... The company was one of the nation's largest so-called less-than-truckload carriers in the U.S.

Edit

Medical Properties (MPW) stock could spike 30% but there’s 1 risk

Invezz 05 Dec 2023

Like other REITs, the company borrowed heavily in the Zero Interest Rate Period (ZIRP) that existed after the Global Financial Crisis ... As expected, the company has sold off assets in a bid to raise cash and deal with maturities ... Some analysts believe that Steward could go bankrupt soon, a move that could have serious implications on the company.

Edit

REITs are cheap: 3 SWAN stocks I’m buying: SLG, VNO, SPG

Invezz 05 Dec 2023

Office property values in key American cities have dropped while many companies face a wall of maturities in the next few years ... There is adequate available space while many companies are opting for hybrid spaces ... That fear never materialised and while some companies went bankrupt, many strong ones have taken their spaces.

Edit

Q&A: UAW's Fain on targeting non-union auto plants, foreign transplants, EV startups after 'record contracts' ...

Hastings Tribune 05 Dec 2023

Those companies have had massive profits ... So you know, we're not out to bankrupt companies and we're not going to bankrupt companies ... Since this round of bargaining, naturally the corporate class and the inner class start doing what they do best, putting fear out there that if they bargain these wages, it's going to bankrupt the company.

Edit

Dean Phillips' ‘Midlife Crisis’ Campaign Has a Midlife Crisis

The Daily Beast 05 Dec 2023

After assuring Crawley that health care is “a big one for me,” Phillips explained he was a Democrat taking on the establishment to save the country from another Donald Trump presidency—and to create a “national plan” for health care so Americans like her wouldn’t have to go bankrupt to receive lifesaving care.

Edit

'X files for bankruptcy', is this the headline Elon Musk is waiting for?

The News International 04 Dec 2023

Musk invoked the '"b" word - bankruptcy - in a furious interview on Wednesday, indicating how much the ad boycott hurts the company's bottom line ... It is the company's beating heart ... "If the company fails… it will fail because of an advertiser boycott. And that will be what bankrupts the company."

photo: AP / Britta Pedersen

SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media award, in Berlin, Germany, Tuesday, Dec. 1, 2020

Edit

With outburst, Musk puts X's survival in the balance

The Jordan Times 04 Dec 2023

Musk was lashing out at the advertisers who had abandoned his platform after Media Matters, a left-wing media watchdog group, warned big companies that their ads were running aside posts by neo-Nazis ... "If the company failsit will fail because of an advertiser boycott and that will bankrupt the company," Musk said.

Edit

Slog AM: Cry Me an Atmospheric River; UW Gets Some Sugar (Bowl); Council Candidate Didn't ...

The Stranger 04 Dec 2023

The nationwide settlement includes the Sacklers giving up ownership of Purdue Pharma, coughing up $6 billion, bankrupting the company then creating a new company from the ashes with profits which would fund treatment and prevention. The Sacklers themselves won't go bankrupt, however.

Edit

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers

Longview News-Journal 04 Dec 2023

But more than that, it shines a light on an important risk metric that many businesses aren't aware of – Days Beyond Terms (DBT) – which indicates the likelihood that a company will become seriously delinquent (91+ days) on bills or that a company will go bankrupt within 12 months.

Edit

Australian retirement fund (pension fund) grows to 90 billion yen due to increase in virtual ...

OBN 04 Dec 2023

In addition, in 2022, Canadian pension funds are reconsidering their cryptocurrency investments in response to a series of bankruptcy of cryptocurrency companies. Canada’s Ontario Teachers’ Pension Plan (OTPP) recorded a loss of approximately 13 billion yen due to purchasing shares of the bankrupt FTX.

Edit

ByGone Muncie: The magnificent return of Pennsy Bridge

Star Press 04 Dec 2023

Two railroad companies competed to establish the route through Muncie in 1900 ... The south abutment has been completed and the one pier put in.” The Indiana Bridge Company of Muncie was awarded the contract ... The company went bankrupt in 1907 and was taken over by the Pennsylvania Railroad.

Edit

Angry taxpayers to confront Kingfisher school board about $5 million settlement of hazing case

The Oklahoman 04 Dec 2023

Property owners in the Kingfisher school district are mad because they're being told their taxes will go up for three years to pay $3.75 million of the settlement ... "Several of my friends ... U.S ... "Just didn't see a reason to purchase it from a company that's going bankrupt," former superintendent Jason Sternberger said in a deposition for the lawsuit.

Edit

X may go bankrupt under Elon Musk if advertisers keep fleeing

Suryaa 03 Dec 2023

London, Dec 3 (IANS) The loans Elon Musk took out to buy Twitter (now called X) was about $13 billion and the social media company has to pay about $1.2 billion in interest payments every year ... Disney and Apple are no longer advertising on X and Musk told companies last week to "Go f*** yourself.” ... And that will be what bankrupts the company."

Edit