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Hanah Johnson

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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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Citi to Spend Over $1B to Reduce Racial Wealth Gap

The Citi Group plans to spend $1.15 billion over the next three years to reduce the racial wealth gap. The US economy...

Bitcoin: The Wave of the Future

Bitcoin is still considered to be the wave of the future. From its inception, the cryptocurrency known as Bitcoin intrigued consumers globally....

Q3 Early-Stage Funding: Healthcare Rises

The third fiscal quarter of 2020 is, much like the rest of the world, shaped by the Coronavirus pandemic. Because many have...

IFS Added to EQT Funds Extensive Portfolio

EQT today announced that the EQT VIII and EQT IX funds have agreed to acquire IFS AB from the EQT VII fund....

Energy Industry Struggles with Declining Demand

The energy industry has hit a record low, as companies struggle to stay afloat amidst the pandemic.  A total...