Bankrupt Companies

Latest News for: Bankrupt companies

Edit

Judge Approves $17 Million Settlement for Harvey Weinstein Accusers

The Wrap 26 Jan 2021

A federal bankruptcy judge approved on Monday a settlement plan with the bankrupt Weinstein Company that will create a $17.1 million fund for Harvey Weinstein’s victims ... to be paid out by insurers, designed to close out The Weinstein Company’s outstanding obligations....

Edit

Internet and phone services in rural Texas threatened as state slashes subsidies for providers

Waco Tribune-Herald 26 Jan 2021

Normally, the state reimburses telecommunication companies for providing service in these areas through the Texas Universal Service Fund ... The ongoing funding issues have forced some companies to stop building out networks for new customers ... Other, smaller companies could go bankrupt soon, Moore said....

Edit

Internet, phone services in rural Texas threatened as state cuts subsidies for providers

Alice Echo News Journal 25 Jan 2021

Edit

Dilip Chhabria: A victim of his own phenomenal ambition?Chhabria was arrested on December 28, 2020 ...

Deccan Herald 24 Jan 2021

And this was clear from the financial problems he began to face after rolling out the car from the Pune facility, which by 2018 was put on auction by the banks after declaring him and the company bankrupt....

Edit

Despite go-ahead by PM twice: Textile Policy 2020-25 in the doldrums

The News International 24 Jan 2021

ISLAMABAD ... “The Commerce Ministry included the Textile Policy in the agenda of ECC many times, but some ECC members are not ready to accord approval to the Textile Policy which ensures electricity tariff at 7.5 cents per unit for five years and RLNG supply at $6.5 per MMBTU ... The abrupt and ill-conceived change in policy will bankrupt these companies....

Edit

Iraq: Biggest Corruption Scandal in History

GlobalResearch 24 Jan 2021

Ten companies received 52 percent of the funds, according to an analysis by the Financial Times in March 2013 ... Two other companies, APTx and Alchemy Technology, were also involved ... Still, the Ministry of Electricity has managed to agree to pay $ 1.3 billion to a bankrupt German company and a non-existent Canadian company to rebuild the electricity....

Edit

Terra not planning to pursue drilling at Battlement Mesa pads

Grand Junction Sentinel 23 Jan 2021

The company that is buying bankrupt Ursa Resources’ Piceance Basin oil and gas holdings isn’t planning on pursuing drilling at two of Ursa's planned locations in the residential community of Battlement Mesa, at least for now ... ....

Edit

Cost of sanctions: German industry hit hard by anti-Russia measures, survey shows

Russia Today 23 Jan 2021

The punitive penalties resulted in a greater bureaucratic burden which hinders business with Russia for nearly 40 percent of the 862 companies polled by the Munich-based institute, while over a third of them had to deal with extra controls ... Read more Over half of Europe’s smaller firms may be bankrupt within a year – McKinsey poll....

Edit

Another Pandemic is Coming — It’s Time to Prepare

The Tennessee Tribune 23 Jan 2021

Given the severity of the threat, it would seem that drug companies would spare no expense to find new treatments ... But it creates an enormous economic challenge when it comes to encouraging companies to fund antibiotic research ... As a result, most major pharmaceutical companies have abandoned antibiotic research....

Edit

Larry King was known for interviewing celebrities and politicians, but he also had some unforgettable ...

Business Insider 23 Jan 2021

He passed away at the age of 87, his company Ora Media said in a statement ... She founded the media and merchandising company, Martha Stewart Living Omnimedia ... 2004 Kenneth Lay speaks during an interview in his office at the company's headquarters February 5, 1996 in Houston, Texas ... "So you still had some faith in the company?" King asked Lay....

Edit

Investors Seek Out Riskiest Junk-Rated Bonds

Wall Street Journal 22 Jan 2021

Back then, investors expected many struggling companies to go bankrupt or default ... That has helped many struggling companies refinance their debt at lower interest rates ... in the lowest-rated junk debt, a market made up of companies particularly sensitive to the economy’s direction....

Edit

Top slot taken, reshuffle the rest

The Times of India 22 Jan 2021

The rise of Mukesh Ambani into the global top 5 rich list by late-2020 was aided by the surge in RIL’s , which propelled it to among the top 40 most-valued companies in the world ... Ironically, Lakshmi Mittal’s brother Pramod too was declared bankrupt ... to their company's stocks....

Edit