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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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U.S. Bank Building Voice Assistant

U.S. Bank Introduces Voice Assistant App

On July 29, U.S. Bank officially launched a voice assistant called Smart Assistant. The assistant is built into the bank's mobile app...
tall buildings of a city

KKR, Temasek Consortium Invests $650 Million in Vinhomes

A consortium led by KKR & Co. Inc. (NYSE: KKR) invested $650 million in Vinhomes JSC (HOSE: VHM), the leading real estate...

Regal Suspends All U.S. Movie Theater Operations due to Pandemic

On October 5, Regal Entertainment Group owner Cineworld Group plc announced the suspension of its U.S. movie theater operations.

Jiko Becomes First Fintech to Acquire Nationally Chartered Bank

Digital bank Jiko has acquired Mid-Central National Bank, a 63-year old brick-and-mortar bank in Wadena, Minn. This is the first time a...

Cutback Coach Raises $3.1 Million in Seed Funding

Cutback Coach, an app to designed to curb alcohol consumption earned $3.1 million in funding. Cutback Coach's electronic system is fully customizable,...