[ad_1] Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bed…
Tag: Corporate bankruptcy
High interest rates and economic uncertainty are behind recent rise in corporate defaults
[ad_1] Federal Reserve Board Chairman Jerome Powell departs after speaking during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June…
Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media
[ad_1] Vice Media Group logo Pavlo Gonchar | Lightrocket | Getty Images When Suroosh Alvi, Gavin McInnes and Shane Smith founded Vice magazine, which later expanded to Vice Media, they built…
Overstock.com bids $21.5 million for Bed Bath & Beyond intellectual property assets
[ad_1] A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano | Bloomberg | Getty Images Bed Bath…
Here’s where a possible sale of Bed Bath & Beyond and Buy Buy Baby stands
[ad_1] “Everything on Sale” signs at a Buy Buy Baby store in the Brooklyn borough of New York, US, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty…
Diamond Sports must pay four MLB teams in full, bankruptcy judge says
[ad_1] The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field in Cleveland, May 17,…
Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores
[ad_1] Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel — Buy Buy Baby — may live to see…
MLB will broadcast San Diego Padres games after Diamond Sports stops payments
[ad_1] Daniel Camarena of the San Diego Padres hits a grand slam during the fourth inning of a baseball game against the Washington Nationals at Petco Park in San Diego,…
Lordstown Motors warns of bankruptcy after Foxconn threatens to walk away from crucial funding deal
[ad_1] Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Shares of electric vehicle startup Lordstown Motors fell…
Bed Bath & Beyond vows it can pull off a sale – here’s what that means for shareholders
[ad_1] Bed Bath & Beyond is confident it can offload its names and stores after it declared bankruptcy, but shareholders are expected to be wiped out as its stock plummets. …