Tag

bankruptcy

Special Report: Shutdown: The Coronavirus

Corporate bankruptcy: ‘A story that’s not going away’

A pullback in consumer spending has hit retail stores hard.

Special Report: Shutdown: The Coronavirus

US corporate debt soars during coronavirus outbreak

A total of  724 businesses filed for bankruptcy in May, up 48 % as compared to the same month in 2019, said a report by legal-services firm Epiq Global.