(This Feb. 6 story has been corrected to clarify that Nikola has done just one reverse stock split, not multiple,…
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
New drugs to defeat “superbug” bacteria aren’t reaching patients. Source link
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China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,…
EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link
The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link
Distressed movie-theater chain overcame opposition from meme investors concerned about dilution, winning court approval for transactions to sell more shares.…
WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three…
The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers…