Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to SuccessNikola filed for Chapter 11 bankruptcy after struggling with low revenue and high debt, leading to a stock plummet.
Judge Approves Terraform Bankruptcy—Can Investors Get Their Money Back?Terraform Labs, the company behind the cryptocurrencies Terra and Luna, has received bankruptcy approval in the United States.
Money’s Gone: Why U.S. Green Tech Startups Are Crashing and BurningThe clean energy sector faces rising bankruptcies due to failed fundraising and high interest rates, with notable firms shutting down.
China's EV Market Hits Rough Patch: Over 100 Companies Struggling Amid Price Wars and Subsidy CutsNorth Korean hacking targets South Korean defense; global cybersecurity shortages drive U.S. salaries up, surpassing South Korean rates.
Fashion Brand, Express, Files for Bankruptcy and Reveals Plans for SaleExpress, a US-based apparel retailer, has commenced bankruptcy proceedings to facilitate its self-sale. In accordance with a statement released on the 22nd (local time), Express has received a proposal from brand manager WHP Global, in conjunction with mall operators Simon Property Group and Brookfield Property, to acquire the majority of the company’s operations and stores […]
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