Chain restaurant bankruptcies are reportedly at their highest level since the pandemic. Among the most recent examples is the casual dining franchise TGI Friday’s, one of more than a dozen high-profile eateries to seek bankruptcy protection between January and October of this year, Bloomberg News...
U.S. corporate bankruptcies are at a level not seen since the early days of COVID. So far this year, there have been 346 business bankruptcy filings in the U.S., Seeking Alpha reported Saturday (July 13), citing S&P Global Market Intelligence data. Last month’s filings were...
U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data from S&P Global Market Intelligence which shows companies pressured by continued high interest rates. The data showed 66 new bankruptcy filings last...
Insolvency experts are reportedly gloomy about what 2024 will bring big companies. These firms will face continued high borrowing costs and reduced consumer spending, with tech companies among those facing financial upheaval, the Press Association reported Sunday (Dec. 31), citing interviews with industry experts. The report cited...
January 07, 2025
Corporate bankruptcies in the U.S. have reportedly reached their highest level in 14 years. High interest rates and waning consumer demand helped drive at least 686 companies to bankruptcy in 2024, the Financial Times reported Tuesday (Jan. 7), citing S&P Global Market Intelligence data. That’s an 8% increase from 2023, the report said, and the […]
December 05, 2024
Chain restaurant bankruptcies are reportedly at their highest level since the pandemic. Among the most recent examples is the casual dining franchise TGI Friday’s, one of more than a dozen...
July 14, 2024
U.S. corporate bankruptcies are at a level not seen since the early days of COVID. So far this year, there have been 346 business bankruptcy filings in the U.S., Seeking...
May 12, 2024
U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data from S&P Global Market Intelligence which...