WeWork shares sink to record low on reports bankruptcy filing imminent
/cloudfront-us-east-2.images.arcpublishing.com/reuters/UHADFIZHVZJARGO4AKR3RSQMOE.jpg "WeWork shares sink to record low on reports bankruptcy filing imminent")
A sign marks a WeWork location in Boston, Massachusetts, U.S., August 14, 2023. REUTERS/Brian Snyder Acquire Licensing Rights
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GM, Stellantis work to reach UAW contract deals
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7WYKLIQLR5N7FCWM5NILJQT4UI.jpg "GM, Stellantis work to reach UAW contract deals")
Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 26 (Reuters) …
Rite Aid files for bankruptcy faced with high debt, opioid lawsuits
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Oct 16 (Reuters) – Debt-laden U.S. drugstore chain Rite Aid (RAD.N) filed for bankruptcy protection late on Sunday and said it would close underperforming stores, sell its pharmacy benefit company …
EV maker Rivian shares have record drop after convertible bond offering launched
/cloudfront-us-east-2.images.arcpublishing.com/reuters/DDYMQGNBZRJLRG6PAAS6PQ4VXE.jpg "EV maker Rivian shares have record drop after convertible bond offering launched")
Shares of Rivian Automotive Inc (RIVN.O) experienced a significant drop of nearly 23%, the largest decline since their debut in 2021, after the electric vehicle manufacturer announced plans to issue …
Gabon dollar-denominated bonds slide after army says it seized power
Gabon experienced a significant drop in its dollar bonds following a military coup, marking the largest daily decline since the height of the COVID-19 pandemic. The coup occurred shortly after …
Evergrande files for US bankruptcy protection as China economic fears mount
/cloudfront-us-east-2.images.arcpublishing.com/reuters/NNTHB24YDRKCDCIUA7W2UJHLYI.jpg "Evergrande files for US bankruptcy protection as China economic fears mount")
Evergrande Seeks Protection from Creditors as Part of Debt Restructuring Embattled developer China Evergrande Group (3333.HK) has filed for U.S. bankruptcy protection as part of its massive debt restructuring efforts. …