Latest News for: Bankrupt companies


[DS] Planning To Sneak One In, Trump Turned The Tables On The [DS], Proxy President ...

X22 Report 07 Feb 2023
Dell to cut 6,650 jobs amid diminishing demand for company’s computers Dell Technologies Inc ... Is this a good-faith request or a cover-up? (Via Axios) – Bankrupt crypto exchange FTX is sending notices to former donor recipients asking for the donated funds to be returned, the company said in a press release Sunday.

Business and other assets of Hodlnaut are being sold

Crypto Economy 06 Feb 2023
The company aims to buy back its claims against the bankrupt digital-asset exchange FTX as well as the company’s claims against investors ... It is true that there is a bankrupt company here, but there are still a lot of people who are looking for some valuable items in the dust in order to save their lives.

FTX has chased politicians like Nancy Pelosi to return donations given before the crypto giant's ...

Business Insider 06 Feb 2023
Bankrupt FTX is asking politicians and political action committees to return donations made by company employees by the end of the month. The bankrupt crypto exchange said Sunday that it is contacting anyone who received payments made by Sam Bankman-Fried, other FTX executives, or any of the affiliated companies that have filed for bankruptcy.

Nader: Corporate Personhood Is at the Root of Inequality

Truth Dig 06 Feb 2023
If it is a giant bankrupt company like General Motors was in 2009, its recreation can get many billions of taxpayer dollars because it is considered “too big to fail.” Compare all these privileges with an individual going bankrupt no matter how wealthy he or she may have been.

FTX Judge Considers Approval For Independent Bankruptcy Investigation

Bitcoinist 06 Feb 2023
Though the bankrupt company admitted its actions in the past calls for a probe relating to mismanagement and fraud, it is convinced that another round of investigation from an examiner will result in more cost and delay to the company’s aim to refund victims of the collapse.

Bankrupt FTX exchange asks for its political donations to be returned

The Guardian 06 Feb 2023
Cryptocurrency exchange and its debtors seek refund of money donated by company’s founder Sam Bankman-Fried The ...

Bitfinex Alpha | Fed Hikes to Continue but On-chain Data Shows the Bottom Might Be Near

Bitfinex 06 Feb 2023
Last week, the court-appointed ‘examiner’ of Celsius, the bankrupt crypto lender, revealed that her investigation showed that the company appeared to be behaving like a Ponzi scheme ... Research sued Voyager (both companies are also bankrupt) for loan repayments it said it was owed.

Lawmakers create $45 million plan to expand home insurance coverage in Louisiana

Minden Press-Herald 06 Feb 2023
The governor called the special session at the heeding of the state insurance commissioner and is expected to sign both bills into law—one to appropriate the funds for the Insure Louisiana Incentive Program and the other to prevent insolvent or bankrupt companies from receiving any of the money.

FTX Requests Return of Donations from SBF’s Political Beneficiaries

BitRSS 06 Feb 2023
... former company is asking for its money back.

Australian company saves bankrupt UK car battery firm

The Philadelphia Inquirer 06 Feb 2023
BRITAIN/AUSTRALIA -Australian company Recharge Industries is to take over Britishvolt, a bankrupt startup planning a gigafactory for ...

FTX to politicians: Give us back our donations or we’ll sue you

CNN 06 Feb 2023
The new management of FTX is pressuring hundreds of politicians and political organizations to return millions of dollars donated by the crypto platform or its founders before it went bankrupt last year ... The company added that recipients who gave the funds to a third party, including a charity, aren’t off the hook.

Twitter saved from bankruptcy and on track to break even, Elon Musk says

The National 06 Feb 2023
The billionaire acquired the social media company in October for $44 billion, and revealed soon after that it was losing $4 million a day and facing the risk of going bankrupt ... However, Mr Musk tweeted on Sunday that the company was now in a stronger financial position ... The company has applied for regulatory licences across the US.

What Mortgage Company Changes Mean for Your Home Loan

San Francisco Examiner 06 Feb 2023
It's been a bumpy ride for mortgage companies lately. Some lenders have gone out of business, merged with other companies or narrowed their focus ... Higher rates also increased risk for banks and mortgage companies that buy mortgage loans from lenders ... Some mortgage companies have filed for bankruptcy or gone out of business in the past year.

Did talcum powder cause the cancer that killed Maureen? Her widower is one of more ...

The Daily Mail 06 Feb 2023
He says he recommended the company’s Baby Powder to ‘countless pregnant women’ and used it himself ... In a separate development, Johnson & Johnson had tried to have a subsidiary company that shoulders litigation declared bankrupt — but last week it was reported that this was rejected by a U.S.

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US DoS / Freddie Everett
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AP / Kiyoshi Ota/Pool Photo via AP, File
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Creative Commons / European People's Party
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