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A major airline has proposed a way to get out of bankruptcy
TheStreet via Yahoo Finance· 6 days agoAt the start of 2024, Brazilian low-cost carrier GOL Linhas Aéreas Inteligentes (GOL) announced that...
A crisis is hitting your local drugstore. Why the slow demise of a 130-year-old family-owned...
Fortune via Yahoo Finance· 24 hours agoSeattle's beloved Bartell’s, now owned by debt-laden Rite Aid, is closing many of its locations....
WeWork's Debt-Free Future: Court Approves Chapter 11 Plan By Quiver Quantitative
Investing.com· 5 days agoWeWork (WE) has received court approval to exit Chapter 11 bankruptcy, enabling the shared office...
WeWork Embarks on Post-Bankruptcy Future With Little Precedent
Bloomberg Law· 3 days agoWeWork Inc. is setting off on a path on which few have succeeded as it attempts to transform from a bloated company that never turned a profit into a slimmed-down moneymaker by 2025. The company ...
New Caledonia Violence Cuts Macron’s Global Ambition Down to Size
Bloomberg via Yahoo News· 1 day ago(Bloomberg) -- The image of New Caledonia as an idyllic, palm-fringed slice of France in the Pacific...
Full list of brands that have announced store closures so far this year
Newsweek· 7 days agoShockwaves rippled through the catering industry and beyond when Red Lobster closed dozens of sites...
Motorsports can help sell you a car: Why carmakers pour millions into racing
USA TODAY via Yahoo Finance· 6 days agoGM spokesman Kevin Kelly could not confirm whether the company actually made that cut amid its pre-...
How councils fell prey to property ‘wide boys’ – and racked up massive debts
The Telegraph via Yahoo Finance· 1 day agoKavanagh, who denies wrongdoing, subsequently purchased a private jet, a yacht and a country estate....
Hertz hired a top Spirit Airlines executive as it recovers from its Tesla blunder
Quartz· 18 hours agoHertz on Monday said it would replace its outgoing financials chief with Spirit Airlines’s CFO as...
German department store chain reaches rescue milestone
Euronews via Yahoo News· 6 days agoGaleria's creditors have voted in favour of restructuring measures, which insolvency administrator...
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related to: bankruptcy, cost cutting