In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors to refinance debts, The Wall Street Journal reported. Lampert is seeking to restructure the retailer’s roughly $1.1 billion in debt...
February 24, 2020
As the Coronavirus spreads beyond the borders of Asia, its effects are casting a widening shadow that is being felt in just about every industry, across most of the world. Not only are the financial markets dropping along with tourism and mortgage rates, but manufacturers are also taking a production hit. The Dow Jones Industrial […]
September 25, 2018
In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors to refinance debts, The Wall...
