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Bridgett Jordan

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New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

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

ViacomCBS Networks International Agrees to Acquire Chilevisión

On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...

Carnival Reports $2 Billion Quarterly Loss

Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...

New High Yield Bond Ratings: April 5 – 9, 2021

At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Christine Lagarde

ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half

Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...

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Big and Small Theaters Entertain Reopening Protocol

While the cinema community was deemed "less essential" by state officials during shutdowns, theaters across the country are entertaining and implementing reopening...

Bear Flag Robotics Earns $7.9M Seed Extension

Agtech start-up Bear Flag Robotics announced a $7.9 million seed extension round led by True Ventures. The company, founded in 2017, produces...

Acquisition of GrubHub Extended

Netherlands-based JustEat Takeaway announced the acquisition of GrubHub for $7.3 billion. JustEat will buy 100 percent of the Chicago-based service in an...

COVID-19 Drives Down New Car Sales, Used Car Sales Up

The COVID-19 pandemic has significantly impacted consumers’ behaviors and reduced demand for products and services to date in 2020. Automakers have been...

S’more Dating App Set to Announce Funding

S'more, a revolutionary new dating app, will soon announce several million dollars in funding. This substantial amount of capital is due to...