bankruptcies

Corporate Bankruptcies Surge as Consumers Cut Back
Corporate Bankruptcies Surge as Consumers Cut Back
July 14, 2024  |  Economy

U.S. corporate bankruptcies are at a level not seen since the early days of COVID. So far this year, there have been 346 business bankruptcy...

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Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
May 12, 2024  |  Economy

U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data...

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Bankruptcy Experts Predict ‘Big Year for Insolvency’ in 2024
Bankruptcy Experts Predict ‘Big Year for Insolvency’ in 2024
January 02, 2024  |  Economy

Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies...

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Business Bankruptcies Jump as COVID Relief Ends
Business Bankruptcies Jump as COVID Relief Ends
December 18, 2023  |  Economy

The end of pandemic relief and steep interest rates have ramped up corporate bankruptcies. Business bankruptcy rates had been falling in the U.S. for a...

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Rise of ‘Mega Bankruptcies’ Leaves Economists Worried
Rise of ‘Mega Bankruptcies’ Leaves Economists Worried
October 08, 2023  |  Economy

SVB Financial. Yellow. Bed Bath & Beyond. All big companies, all filed for bankruptcy. And as The Wall Street Journal (WSJ) reported Sunday (Oct. 8), it’s part of...

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Small Business Bankruptcies Jump as Capital Grows Scarce
Small Business Bankruptcies Jump as Capital Grows Scarce
October 02, 2023  |  SMBs

Rising interest rates have reportedly helped fuel a spike in small business bankruptcies. As The Wall Street Journal  (WSJ) reported Sunday (Oct. 1), the jump...

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ShopX Shutdown Points to B2B Platform Pitfalls
ShopX Shutdown Points to B2B Platform Pitfalls
August 23, 2022  |  B2B Payments

Like many FinTech companies, Indian eCommerce platform ShopX was once a high flyer. The company, backed by Infosys Co-founder Nandan Nilekani and Fung Investment, has raised...

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Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021
Commerzbank Warns Of Pandemic-Related Bankruptcies In 2021
November 05, 2020  |  Banking

Commerzbank, Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global...

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Mall Bankruptcies Continue With PREIT And CBL
Mall Bankruptcies Continue With PREIT And CBL
November 02, 2020  |  Retail

Another wheel has fallen off in the troubled mall sector, as two real estate trusts have filed for Chapter 11 bankruptcy. The filings, both announced...

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