Tag: Recessions and depressions
LL Flooring reverses course and will keep hundreds of stores open after bankruptcy filing
NEW YORK -- After securing a last-minute buyer, LL Flooring is reversing course on shutting down all of its stores.The hardwood flooring retailer...
Asian shares trade mixed amid caution ahead of key US employment report
TOKYO -- Asian shares traded mixed Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal...
Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale
NEW YORK -- After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit...
Patients will suffer with bankrupt health care firm's closure of Massachusetts hospitals, staff say
AYER, Mass. -- When Christina Hernon was 5, her throat swelled shut from an infection and her mother rushed her to a local...
Massachusetts governor says deals have been reached to keep some threatened hospitals open
BOSTON -- Massachusetts Gov. Maura Healey announced Friday that deals have been reached in principle to transition operations at four hospitals operated by...
China’s economic recovery dragged down by property slump and weak consumption in July
BEIJING -- A continued property crisis and weak consumption dragged on China’s economic recovery in July, according to data released Thursday by the...