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 pandemic-era backstops, data published Wednesday showed, although…
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 the accommodation and food services sectors, the…
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, sources told Reuters last week. A bankruptcy…
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