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Apollo-Led Lenders Sell Yellow Loan to Citadel
Business

Apollo-Led Lenders Sell Yellow Loan to Citadel

The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link

How Yellow's Downfall Is Rippling Through the Economy
Business

How Yellow's Downfall Is Rippling Through the Economy

The trucker’s competitors are reaping a windfall of business, while customers face rising shipping costs. Source link

Yellow Files for Bankruptcy After Shutting Down
Business

Yellow Files for Bankruptcy After Shutting Down

The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers and a $700 million federal

Yellow's Shutdown Could Cost Taxpayers Money
Business

Yellow's Shutdown Could Cost Taxpayers Money

Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by

Why Trucking Company Yellow Verges on Collapse
Business

Why Trucking Company Yellow Verges on Collapse

One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has

Yellow in Talks to Sell Its Logistics Business
Business

Yellow in Talks to Sell Its Logistics Business

The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing. Source link

Bad Bosses Yell. Some Good Ones Do, Too.
Business

Bad Bosses Yell. Some Good Ones Do, Too.

Many employees shut down when managers raise their voices, but others say candid feedback—even the loud kind—is underrated. Source link

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee
Business

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee

Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight

Teamsters Push Back Strike Threat at Trucker Yellow
Business

Teamsters Push Back Strike Threat at Trucker Yellow

The union says a key pension and benefits fund agreed to maintain healthcare coverage after debt-laden Yellow missed a monthly contribution. Source link