Factbox-US corporate bankruptcies hit 13-year peak in 2023
By Bansari Mayur Kamdar (Reuters) -U.S. corporate bankruptcy filings touched a 13-year high in 2023, as elevated interest rates and sticky inflation hit the companies. …
bankruptcies
US bankruptcies surged 18% in 2023 and seen rising again in 2024 -report
(Reuters) – U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of …
Factbox-US corporate bankruptcies set for highest level since 2020
By Bansari Mayur Kamdar (Reuters) -Bankruptcy filings by U.S. companies this year are on track to hit their highest since the pandemic, amid high interest …
J&J settles first talc cases to go to trial after failed bankruptcies
By Brendan Pierson (Reuters) – Johnson & Johnson on Thursday said it has settled two lawsuits claiming its talc products caused cancer, the first such …
Bankruptcies in the EU highest since 2015, Eurostat says
(Reuters) – Bankruptcy declarations in the European Union reached the highest level since 2015 in the second quarter of this year, driven by increases in …
Factbox-The 10 biggest U.S. retail bankruptcies in 5 years
NEW YORK (Reuters) – Storied home goods chain Bed Bath & Beyond is preparing for bankruptcy in coming weeks following a run of poor sales, …