QVC and HSN File for Bankruptcy amid TikTok Shopping Shift
QVC Group, the parent company the home shopping TV brands HSN and QVC, will file for Chapter 11 bankruptcy protection.…
Tag: bankruptcy
China Starts Bankruptcy Liquidation of Shadow Bank Zhongzhi
A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group Co. and its more than 300 affiliated companies, in…
How Kodak is trying to turn around after teetering on bankruptcy
On Jim Continenza’s first day on the job as Eastman Kodak executive chairman in 2019, he got a call from…
Another major radio and TV brand files Chapter 11 bankruptcy
Radio used to have a monopoly on entertaining and informing people. If you go back to before the advent of…
Battery Recycler Ascend Elements Files for Bankruptcy
The climate tech company boomed during the Biden years but has struggled amid a drop in EV interest. www.bloomberg.com #Battery…
McKinsey to contribute $125 million to Purdue bankruptcy over opioid sales advice
By Dietrich Knauth NEW YORK, April 9 (Reuters) – Consulting firm McKinsey & Co has agreed to contribute $125 million…
Saks Global plans to exit bankruptcy this summer with $500m funding
Saks Global is preparing to leave Chapter 11 this summer after reaching an agreement with a group of senior secured…
Saks Global expects to exit bankruptcy this summer after receiving $500M in financing
The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring agreement with its capital partners…
What a Clean Cookstove Company’s Bankruptcy Means for Carbon Markets
Prices on Corsia, a marketplace for airlines, have fallen in the months following Koko’s collapse. www.bloomberg.com #Clean #Cookstove #Companys #Bankruptcy…
59-year-old pizza chain franchisee shuts locations, no bankruptcy
An economic downturn in the fast-food pizza dining sector has led to franchisees closing hundreds of locations and, in some…