Business
The car-rental and leasing company Hertz, based in Estero, Florida, filed for bankruptcy late Friday, after coronavirus pandemic stoped travel and the global economic collapse...
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Business
LONDON (BLOOMBERG) – Virgin Atlantic Airways will begin pitching to potential investors on Monday (May 11) as it seeks to avoid collapse with air...
Business Failures
Chinese telecoms giant Huawei has been barred from contracts worth billions and seen the public perception of its brand crash across four countries across...
Business
The bankruptcy of WorldCom (renamed MCI) following Bernie Ebbers' scam, the largest in US history, led to a change in the regulation of accounting...
Business Failures
Vanity Fair magazine examines the rise and fall of WeWork, the joint spaces company, and the unruly behavior of founder and former CEO Adam...
Business
Zac Posen dressed the top women, refused to mingle with Melania and Ivanka Trump. This weekend he announced: "We're running out of time"
Business Failures
The British tourism group Thomas Cook has collapsed, having entered compulsory liquidation this morning. As this chart shows, the share price had plummeted from around 58...
Business
Sears, the 132-year-old company which started out as a mail order catalog joins dozens of retailers that have filed for bankruptcy amid a fiercely competitive...
Business
Six months after filing for bankruptcy protection in September in the US and one month after doing the same in the UK, Toys R...
Business
Following the disclosure of the sexual harassment scandal by co-founder Harvey Weinstein, the company is to file for bankruptcy after talks to sell its...