Tag: Bankruptcy
Are you a former SmileDirectClub customer? You might be eligible for a refund
NEW YORK -- When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limbo. Now,...
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4...
Judge in Alex Jones' bankruptcy to hear arguments on The Onion's bid for Infowars
A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones ’ effort to stop the satirical news outlet The...
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
NICOSIA, Cyprus -- Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will...
Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions...
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
DALLAS -- DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back...