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. There were 50 corporate bankruptcy…
(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…
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 rates and sticky inflation, with…
By Brendan Pierson (Reuters) – Johnson & Johnson on Thursday said it has settled two lawsuits claiming its talc products caused cancer, the first such cases to go to trial…
(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…
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.…