By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in the United States on Saturday for the second…
Cryptocurrency News
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No topic in the investment community has gotten more attention in the past couple of years than the rise of artificial intelligence (AI). Executives in a range of industries are…
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A shopper leaves a Party City store in Vernon Hills, Ill. The retailer is shutting down after 40 years. (Nam Y. Huh / Associated Press) Party City, the party and…
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Finance Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF 31,338.39 578,100.70 5.42% SPYV SPDR Portfolio…
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Battery maker Northvolt makes progress toward longer-term bankruptcy financing
by skolnesNEW YORK (Reuters) – Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and…
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Strategic cargo theft leaves drivers, brokers liable for massive losses
by skolnesCargo theft is a growing problem in the United States. (Photo: Jim Allen/FreightWaves) Cargo theft by fraud is a growing freight industry issue and has resulted in a massive increase…
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A Norfolk Southern train at Elizabethport, N.J. (Photo: Stuart Chirls/FreightWaves) Norfolk Southern Corp. has named Michael Barr as vice president of investor relations and treasurer. Barr most recently worked as…
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PLNT franchises and operates fitness clubs around the world. It is one of the largest and fastest-growing fitness companies in terms of its number of members and locations. PLNT’s low-cost…
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(Bloomberg) — US Treasuries were off their sessions highs late on Friday after a closely watched batch of inflation data came in below expectations, leading traders to lift the outlook…
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JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
by skolnesA federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the…