Another restaurant has closed its doors for good. While restaurant closures have surged in recent years, driven by economic uncertainty, rising costs, and slowing consumer spending, this case involves more than just the typical financial troubles. Despite its prime location along San Antonio’s …
The retail sector has battled a variety of economic challenges this year that have resulted in a decline in revenues for certain companies and financial distress. Retailers have often blamed higher costs of labor and products driven by rising inflation, increased interest rates on their debt …
Google is having a pretty intense year, but the most important battle has been won for the company, as it emerged unscathed from the monopoly case against it. A federal judge’s ruling that Alphabet would not have to sell Chrome or Android was a significant win…
We are now in the second-longest government shutdown era, and its impact can be felt in growing dissatisfaction among furloughed workers, economic instability in regional banks, and increasing uncertainty over back pay. Meanwhile, the stock market remains largely unaffected, and once again, on …
A number of regional airlines have filed for Chapter 11 bankruptcy protection in 2025.Charter airline Kachina Air filed Chapter 11 bankruptcy on October 24.Fuel and aviation costs have been blamed. This has not been the best year to be in the airline industry. In September, two Scandinavian …
It will add a charming touch to any space…
As the holiday season approaches, shoppers are getting their bank accounts and credit cards ready to begin their annual gift shopping sprees at either brick-and-mortar shopping malls or online retailers. Most retailers at local shopping centers and malls have been ready for the post-Halloween …
The retail sector has faced growing economic challenges since the Covid-19 pandemic, leading to financial distress, store closings, and bankruptcy filings. Among the issues retailers have faced are higher costs of labor and products driven by rising inflation, increased interest rates on their debt …
Bankruptcy filings are not a common occurrence among Las Vegas Strip casinos and businesses. The last significant bankruptcy on the Strip was over 10 years ago in January 2015 when Caesars Entertainment, then-owned by Apollo Global Management and TPG Capital, filed for Chapter 11 to eliminate about …
On Oct. 17, proxy advisor firm Institutional Shareholder Services urged shareholders to vote “no” on the pay package, potentially be worth $1 trillion, that Tesla TSLA has proposed for CEO Elon Musk. On Monday, Oct. 20, fellow advisory firm Glass Lewis & Co. followed suit, urging Tesla …
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