Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.
Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intactTag: creditors
Big Lots Announces Filing For Chapter 11 Bankruptcy
Big Lots representatives stated on Monday that it has officially filed for Chapter 11 bankruptcy for protection from its massive debts, with the retailer citing “inflation and high interest rates” as reasons for filing.
Read More Big Lots Announces Filing For Chapter 11 BankruptcySandy Hook Families Request That Alex Jones Liquidates Media Company
Over the weekend, the families of the Sandy Hook Elementary School shooting victims requested that Alex Jones’s media organization be liquidated by a bankruptcy judge.
Read More Sandy Hook Families Request That Alex Jones Liquidates Media CompanyMusk’s SpaceX is quick to build in Texas, slow to pay its bills
A review of Texas property records shows that SpaceX can be far slower to pay builders and suppliers than they are to break ground.
Read More Musk’s SpaceX is quick to build in Texas, slow to pay its billsFTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges
If a judge accepts the company’s bankruptcy plan, certain customers of the defunct cryptocurrency exchange FTX may be entitled to receive the full amount of money they lost.
Read More FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges