Bankrupt Companies

CHAT

Wednesday, 28 October 2020

Latest News for: Bankrupt companies

Edit

FOCUS: ANA faces strong headwinds as pandemic prompts shift from expansion

Kyodo 28 Oct 2020

"My biggest worry is ANA will repeat the mistakes made by JAL, which ended up going bankrupt, because it had become too big a company," said Munenori Nomura, an industrial economics professor at Kwansei Gakuin University. "First off, restructuring is something that a struggling company needs to undertake to survive a crisis....

Edit

Trump orders Delphi pensions review

Marietta Daily Journal 28 Oct 2020

Oct. 27—President Donald Trump has directed a trio of federal agencies to review the case of Delphi employees whose pensions were lost when the company went bankrupt in 2005. In a memo issued by the White House on Monday, Trump ... ....

Edit

Letter: Think carefully before voting

The Bismarck Tribune 28 Oct 2020

The presidential debates are over and many have already voted. For those who have not, are you considering the person or the party and what they represent? The last debate reminded me of four years ago when answers to the debate questions were given to Hillary ... Fracking or solar and wind? Several solar companies have already gone bankrupt ... ....

Edit

Heathrow loses claim to being Europe's biggest airport

Olean Times Herald 28 Oct 2020

LONDON (AP) — London’s Heathrow Airport says it has lost its place as Europe’s busiest air hub to Charles de Gaulle Airport in Paris after the COVID-19 pandemic grounded flights and Britain failed to approve passenger testing that could scale back quarantine requirements ... More from this section. Bankrupt Remington gun company lays off 585 NY workers....

Edit

Harley-Hero deal: Here#39;s why the deal between makers of high-end and entry-level bikes may just work

Moneycontrol 28 Oct 2020

In September, Harley announced the closure of India operations after 11 years of underperformance, which saw the company sell only 25,000 units – a far cry from its target of selling 10,000 units each year ... The Delhi-based company had to abort those plans when EBR went bankrupt....

Edit

Australia's second-largest city ends 111-day virus lockdown

Olean Times Herald 28 Oct 2020

MELBOURNE, Australia (AP) — Coffee business owner Darren Silverman pulled his van over and wept when he heard on the radio that Melbourne’s pandemic lockdown would be largely lifted on Wednesday after 111 days ... He was overwhelmed with emotions and a sense of relief ... More from this section ... Bankrupt Remington gun company lays off 585 NY workers ... ——— ... ....

Edit

Germany, France gear up for new lockdowns as virus surges

Olean Times Herald 28 Oct 2020

BERLIN (AP) — Germany and France were bracing for new lockdowns Wednesday, as governments sought to stop the fast-rising tide of coronavirus cases that are beginning to fill European hospitals ... More from this section ... Bankrupt Remington gun company lays off 585 NY workers. Scott managing meat department at Giant Food Mart ... that started Wednesday ... —- ... ....

Edit

Atari VCS console-PC hybrid to take on PS5, Xbox Series X at $389.99

Indian Express 28 Oct 2020

Most of you might not even know Atari, it was one of the first companies to launch a dedicated gaming console. However, its glory days are way in the past and it has been replaced by companies like Nintendo, Sony and Microsoft ... Since then the company has changed multiple ownerships, went bankrupt, got a hotel and much more....

Edit

UK’s Chaos Unbound

CounterPunch 28 Oct 2020

Each week, it looks as if a new rock bottom has been reached in the UK where the handling of the Covid-19 pandemic and negotiations with the EU on a Brexit deal are concerned ... Of the contacts provided, around 60% of the contacts are reached ... If others, i.e ... Questions have been raised in parliament about awarding this deal to a bankrupt US company ... ....

photo: Creative Commons / Anthony Albright https://www.flickr.com/people/50125742@N07

A police line stands in front of an Anti-Trump demonstration outside Trump Tower, New York, November 9, 2016.

Edit

What is at stake for Donald Trump? It’s certainly not just the election

The Guardian 27 Oct 2020

Going bankrupt once is unfortunate. Going bankrupt twice looks like carelessness. Driving your companies into bankruptcy six times , however, as Donald Trump has done, makes you a brilliant businessman ... laws in order to wriggle out of his companies’ financial obligations....

Edit

Wear a mask, slow down COVID-19 and more letters to the editors

Times Free Press 27 Oct 2020

Wear a mask, slow COVID-19. A feature article on the front page of Sunday's Times Free Press was titled "U.S. sets virus infection record." ... Charlie Fox, Signal Mountain ... He's a master businessman? He abandoned creditors and employees as some of his companies bankrupted ... I fear he'll bankrupt the U.S., too, but drain Social Security and Medicare first ... ....

Edit

How major US stock indexes fared Tuesday

Olean Times Herald 27 Oct 2020

U.S ... Most of the stocks in the benchmark index fell, particularly banks, oil producers and other companies whose profits tend to track the strength of the economy. Those losses outweighed gains in technology stocks and companies that rely on consumer spending ... On Tuesday. ... For the week. ... Bankrupt Remington gun company lays off 585 NY workers ... ....

Edit

Veeco: 3Q Earnings Snapshot

Olean Times Herald 27 Oct 2020

PLAINVIEW, N.Y. (AP) — Veeco Instruments Inc ... The Plainview, New York-based company said it had profit of 1 cent per share ... The results beat Wall Street expectations ... Bankrupt Remington gun company lays off 585 NY workers ... The company said it expects revenue in the range of $120 million to $135 million for the fiscal fourth quarter ... ————— ... ....