Bankrupt Companies

Latest News for: Bankrupt companies

Edit

We visited a Charlotte Russe store on its last day open, and it was a depressing bargain bonanza

Business Insider 25 Mar 2019

Charlotte Russe is closing its doors permanently. The company filed for liquidation earlier in March, joining the ranks of retailers that have gone bankrupt in 2019 ... Charlotte Russe is closing all of its stores ... ....

Edit

Mining companies polluted waters, leave taxpayers holding the tab

Independent Record 24 Mar 2019

Pegasus Gold Corp., a Canadian company that owned that mine and several others in the state, went bankrupt and folded 20 years ago ... “In Arizona, I’d have a hard time suggesting that if a company goes bankrupt, anybody should expect anything more than zero,” said Kuipers, the mining consultant....

Edit

Why you should rebuild your business as often as possible

Venture Beat 23 Mar 2019

Over the course of my company’s 15 year trajectory, we’ve never stopped rebuilding it ... Everyday someone with a fresh idea or a new take on an old concept is launching a company that will in some way compete with yours ... And that means you’ll sometimes need to sacrifice current cash flow to grow the long-term value of the company....

Edit

Investing in N. Korea can have a catch

Cedar Rapids Gazette 23 Mar 2019

As business owners have waited for Kaesong to reopen, some of their companies have gone bankrupt ... At the peak, about one-fifth of the revenue for his company, SJ Tech, came from the North Korea business, he said ... Yoo said he lost $4 million and the Chinese company that distributed his goods went bankrupt....

Edit

MannKind - Afrezza Scripts Still Flat Despite Advertising

Seeking Alpha 23 Mar 2019

The company was flush with $70 million in cash and had announced that it would initiate its largest television advertising campaign and launch a direct to consumer purchase program which would give great pricing on Afrezza to the first 1,000 patients ... That is not saying that the company will be bankrupt....

Edit

ACROSS AMERICA BRIEFS FOR MARCH 24

The Philadelphia Tribune 23 Mar 2019

Carter becomes the oldest living former U.S. president ... He is now the longest-living chief executive in American history ... 1 ... Most worked for companies that are now bankrupt ... The jobs will be at GM’s assembly plant in Orion Township, Michigan, where the company is building its all-electric Chevrolet Bolt and helping to develop self-driving vehicles ... .......

Edit

Coal Miners Deserve Better

Resilience 22 Mar 2019

The Fund now covers around 25,000 retired miners—most of whom worked for now-bankrupt coal companies ... The proposed Act makes up for the payments that would have been made into health care by now-bankrupt coal companies and incorporates the Capito and McKinley provisions that use available Abandoned Mine dollars to pay into the Black Lung Trust Fund....

Edit

Made in Vermont: Estey Organs

The Keene Sentinel 22 Mar 2019

Green took over the company ... In 1863, Jacob Estey became the sole owner of the company ... The company grew into a family business ... A “company town” arose on the hill behind the factory on land provided for employees to build their homes ... became president of the company ... The company went bankrupt and the assets were sold ... reformed the company....

Edit

Residents takes aim at wind turbines

Creston News Advertiser 22 Mar 2019

Landowners would receive payments from the wind farm companies ... What happens if the power company goes bankrupt and does not have the money to remove its windmills or abandons them? A ... In order to go through non-participating land, the company would have to get an easement from the non-participating landowners....

Edit

Why Warren Buffett doesn’t do debt

The Motley Fool 22 Mar 2019

Buffett writes that at Berkshire Hathaway, his company. ... A Russian-roulette equation – usually win, occasionally die – may make financial sense for someone who gets a piece of a company’s upside but does not share in its downside ... After all, a company can go bankrupt but the shareholders and executives can move on to new ones....

Edit

Cheap solar power singes state electricity boards#39; revenues

Moneycontrol 22 Mar 2019

He then pays the company owning the transmission line based on how much power is being moved and how congested the line is, and these charges are called wheeling charges ... That in turn makes honest companies unviable on one hand, and bankrupts state power grids on the other....

Edit

$800K Wells Fargo penalty OK'd in Schilling video game deal

Yankton Daily Press 21 Mar 2019

... pitcher Curt Schilling's video game company, 38 Studios ... The state's economic development agency used bond funding to lure the company from Massachusetts to Rhode Island, where it went bankrupt....

Edit

BC-US--38 Studios,2nd Ld-Writethru, US

Finger Lakes Times 21 Mar 2019

Securities and Exchange Commission over Rhode Island's failed $75 million deal with former Boston Red Sox pitcher Curt Schilling's video game company, 38 Studios ... The state's economic development agency used bond funding to lure the company from Massachusetts to Rhode Island, where it went bankrupt ... ''The company chose to settle....