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Hertz prepares to file bankruptcy if Monday deadline is missed
Hertz Global Holdings Inc. is preparing to file for bankruptcy as soon as Monday night if the company fails to rework its debt and can’t get lenders to extend a grace period on a missed payment......»»
New England pizza, sandwich chain closes dozens of locations
The company that owns the Papa Gino's pizza parlor and D'Angelo sandwich shop chains has confirmed it has closed about 95 locations throughout New England, filed for Chapter 11 bankruptcy protection and reached an agreement to sell the business......»»
Dom’s, Foxtrot parent files for bankruptcy in wake of abrupt closure
The company, which abruptly closed all stores April 23, estimated no funds would be ava.....»»
Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ
Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financial missteps include its Endless Shrimp promotion. A Red Lobster restaurant in Times Square in New York.Richard Levine/Corbis via Getty ImagesRed L.....»»
WeWork aims to keep leases at 4 more New York City locations
The assumptions were part of nine other lease assumptions across WeWork's portfolio as the coworking company looks to exit Chapter 11 bankruptcy......»»
ShotStop Ballistics, maker of ballistic-resistant products, files for bankruptcy
ShotStop Ballistics, the Stow, Ohio, company that once made ballistics-resistant technologies, has filed for Chapter 7 bankruptcy liquidation......»»
Jacksonville transportation company announces layoffs
All employee separations in connection with this action are expected to occur within a 14-day period beginning on June 30......»»
Cash-Strapped Fisker"s CEO Lists Luxurious Hollywood Mansion For More Than Company"s Worth As Bankruptcy Looms
As per a real estate listing, the house in Los Angeles has 11,800 square feet of living space, 6 beds, 8 baths, and offers a "quintessential Southern California living experience." read more.....»»
Endo has finally emerged from bankruptcy. Now what?
The reorganization plan for Endo International, which filed for bankruptcy in October 2022, provided for cutting more than $5 billion in debt and selling substantially all of the company's assets to its senior lenders.....»»
NEXE Innovations Announces Quarterly Q3 2024 Financial Results for the Three-Month Period Ended February 29, 2024
WINDSOR, ON, April 29, 2024 /PRNewswire/ - NEXE Innovations Inc. ("NEXE", the "Company", "we", "us" or "our") (TSXV:NEXE) (Frankfurt: NX5) (OTC:NEXNF), a leader in innovative compostable materials solutions, announces its financial resu.....»»
How To Earn $500 A Month From Eli Lilly Stock Ahead Of Q1 Earnings Report
Eli Lilly and Company (NYSE:LLY) is set to report first-quarter earnings on Tuesday, April 30. Analysts expect the Indianapolis, Indiana-based company’s quarterly earnings to be $2.46 per share, up from $1.62 per share in the year-ago period. Eli Li.....»»
Once Called The "Apple Store Of Weed" And Valued At $1.7B, This Cannabis Company Has Declared Bankruptcy
Once hailed as the first cannabis unicorn and the "Apple store of weed," MedMen spiraled as troubling financial reports began to leak. read more.....»»
Microsoft"s going to keep spending big as AI continues to boom
The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more than it spent in the same period a year ago. Microsoft CEO Satya NadellaJustin Sullivan/Getty ImagesMicrosoft plans to boost spen.....»»
Fast food franchisee to pay millions to ex-employee in whistleblower lawsuit
The company's restaurant portfolio includes Wendy’s, Subway, Cicis Pizza, McAlister’s Deli and Fuzzy’s Taco Shop......»»
Express Inc. files for bankruptcy, to close two Minnesota stores
The company is closing more than 100 stores across multiple brands as a potential sale looms......»»
Clothing retailer to shut three Maryland stores amid bankruptcy filing
The company, like many heavily mall-based retailers, has struggled in the past decade......»»
With rare SBA license in hand, nonprofit Arkansas Capital will fund startup loans in Missouri
The SBA hasn't awarded a small business lending company license in 40 years. One of the three recent recipients plans to set up shop in Missouri......»»
Valley store impacted as Express retailer files for Ch. 11 bankruptcy
The company is closing more than 100 stores across multiple brands, including one Valley site, as a potential sale looms. Several other Arizona locations will remain open during the sale process......»»
Express files for Ch. 11 bankruptcy; Retailer looks to close 100-plus stores, sell "substantial majority" of operations
The company is closing more than 100 stores across multiple brands as a potential sale looms. Express also s.....»»
Jack Daniels Parent Company, EA, Cognizant Among 6 Stocks That Shine When Nvidia Slips: Analysis
The analysis screened S&P 500 stocks that show an inverse correlation to Nvidia over a month and year period, following Nvidia's stock falling into correction territory for the second time this month. read more.....»»