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Co-working Giant WeWork Files for Bankruptcy in the US
WeWork has filed for bankruptcy in the US after the company struggled for years with a massive debt pile and hefty losses.
The firm reported...
WeWork Plans to File for Bankruptcy Over Massive Debt
WeWork plans to file for bankruptcy as early as next week, as the SoftBank Group-backed company struggles with a massive debt pile and hefty...
China’s Evergrande Files for US Bankruptcy
Evergrande, China's real estate construction giant, has filed for US protection from bankruptcy after thirty years of uninterrupted growth.
Just last Thursday, Evergrande filed for...
US Bitcoin Miner, ‘Core Scientific,’ Is Filing for Bankruptcy
Core Scientific, one of the largest bitcoin miners registered in the US, is filing for bankruptcy.
The Texas-based company filed for bankruptcy on Wednesday. The...
Cryptocurrency Empire FTX Collapses into Bankruptcy
Cryptocurrency exchange FTX filed for bankruptcy in the US on Friday, seeking court protection as it looks for a way to return money to...
Elon Musk Warns SpaceX Employees of Bankruptcy in Frantic Email
SpaceX CEO Elon Musk sent his employees an alarming email over the Thanksgiving weekend. The message warned them that the company's very existence was...
Nike Terminates Greek Retailers, Threatening Shops With Bankruptcy
Greek retailers have announced they are taking Nike to the European courts following the company's announcement that it will terminate its existing contracts by...
Up to 65 Percent of Greek Hotels Face Bankruptcy, New Report Warns
Up to 65 percent of Greek hotels face bankruptcy due to the coronavirus lockdown, a study by the influential Hellenic Chamber of Hotels warned...
Greece Plans to Scrap Primary Residence Protection, Introduce Individual Bankruptcy
The Greek authorities are planning to introduce to the country's judicial system the institution of individual insolvency, in which a person is able to...
Hundreds Stranded on Greek Islands after Danish Carrier Declares Bankruptcy
Primera Air, a Danish leisure airline with flight services from Northern Europe to more than 40 destinations in the Mediterranean, Middle East, and North...