Corporate Financial Difficulty

Sales Slow at Louis Vuitton's Owner as China Sputters

LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques…

1 year ago

Big-Company Bankruptcies Hang Over Economy

Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link

1 year ago

The World Needs New Antibiotics, but the Business Model Is Broken

New drugs to defeat “superbug” bacteria aren’t reaching patients. Source link

1 year ago

Why the Twinkie Is Now Worth Billions

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber…

1 year ago

China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring

China Evergrande Group is seeking a U.S. court’s approval to restructure more than $19 billion in the company’s offshore debts,…

1 year ago

Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies

EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link

1 year ago

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

1 year ago

AMC Can Sell Nearly 400 Million New Shares Following Court Approval

Distressed movie-theater chain overcame opposition from meme investors concerned about dilution, winning court approval for transactions to sell more shares.…

1 year ago

WeWork Taps Directors With Bankruptcy Chops After Board Resignations

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three…

2 years ago

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…

2 years ago