Tag: CONSUMER & RETAIL
Recent Articles
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 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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Digital Banks lead environmental conservation; incumbents straggle
Digital banks across the globe are leading the environment conservation forefront with their business models. Digital banks like Ando, Climate First Bank...
Owl Rock and Dyal Capital Merge
Owl Rock Capital Group and Dyal Capital Partners agree to merge and go public. They will do this through Altimar Acquisition Corp,...
Blackstone Real Estate Closes $1.9 Billion Fund
Blackstone Strategic Partners announced today the final close on $1.9 billion for Strategic Partners Real Estate VII L.P. and its related committed...
OCC: National Banks Can Accept, Process Stablecoin Payments
The OCC has allowed national banks to participate in independent node verification networks and use stablecoins for payments. In an interpretive letter...
CA Restaurateurs Fear Second Shutdown Poses Serious Risk
California began its second shutdown of on-site dining at restaurants on December 6, 2020. Restaurant owners, frustrated by the decision, said it...
