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Anika Potluri

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Wheel Manufacturer BBS GmbH files for Bankruptcy

RTW Retailwinds, New York & Co.’s Parent Company, Files for Chapter...

Endologix Files for Chapter 11 Bankruptcy

Cirque du Soleil, Citing Disruptions from COVID-19, Files for Bankruptcy Protection

Recent Articles

China Faces Period of Uncertainty Amid Economic Slowdown

The COVID-19 pandemic has had a devastating impact on China's economy. In addition to the economic slowdown, China is also facing immense...

Egypt’s e-commerce Enters a New Phase

Egyptian President Abdel Fattah Al-Sisi has waived the condition for establishing start-ups virtually through a yet-to-be-released government platform.

McDonald’s to Reopen Under a New Name In Russia

Alexander Govor, the new owner of McDonald's, has renamed the McDonald's chain of restaurants in Russia, Oleg Paroev, CEO of the new...

Biden Administration Considering Lifting Tariffs on China

US President Joe Biden is planning to remove high tariffs on products that former president Donald Trump placed on China. This is...

The Great Resignation: Why is Gen Z Leaving the Workforce

Generation Z is known as the generation of the Great Resignation. We have entered the third year of the worldwide pandemic; we’re...

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TECT to Sell Manufacturing Facilities after Filing Chapter 11

TECT Aerospace will be selling its Washington state manufacturing facility for $31 million to Wipro Givon USA. The company filed for Chapter...

New High Yield Bond Ratings: April 19 – 23, 2021

At least 27 companies received a revision on high yield bond ratings during the week of April 19 - 23, 2021. These...

New Chapter 11 Filings, Disclosures: October 5 – October 9, 2020

At least five major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of October...

Shareholders in Anchor as Pet Shop Buoys Bidding War for Zooplus Nears

Hellman & Friedman have raised their offer for the German online pet shop chain Zooplus AG (XETRA: ZO1.DE) to $544 per share,...

MGM Resorts Lays Off 18,000 U.S. Employees Amid Economic Crisis

This week, Las Vegas-based global entertainment company MGM Resorts International began massive layoffs across its U.S. locations. The job...