Tag: bankruptcy
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Holders of $895-a-Year AmEx Card Are Rushing to Spend Saks Perk
(Bloomberg) -- American Express card holders and other shoppers are hurrying to spend store credits and gift cards at Saks Fifth Avenue as the...
Markets Sustainability Legal More My News Luxury retailer Saks Global CEO Marc Metrick steps down as bankruptcy looms
Saks Global said on Friday, January2, CEO Marc Metrick has stepped down and named Executive Chairman Richard Baker as his successor, amid reports that...
Adani Enterprises wins creditor nod for $1.53 billion takeover plan for Jaiprakash Associates, sources say
Creditors of India's Jaiprakash Associates unanimously backed Adani Enterprises' 135-billion-rupee ($1.53 billion) takeover proposal for the bankrupt infrastructure group, preferring it over Vedanta's bid,...
Chapter 11 bankruptcy, season sales, franchisee trouble — Here’s why multiple ice cream brands in US are shutting shops
A number of popular ice cream brands in the United States have filed for Chapter 11 bankruptcy and are set to shut shops in...
Rising from the ashes: How a 50-year-old smallcap company avoided bankruptcy and delivered 100% return
Founded in 1972, Jayaswal Neco Industries, a smallcap company with a market cap of just over Rs 7,200 crore, is one of India’s oldest...
