Tupperware Brands files for bankruptcy after years of weak sales

Judge Clears Path for Tupperware Brands to Exit Bankruptcy

The decision allows for the sale of Tupperware Brands to a group of lenders.

Business - Inc. - October 31

TGI Fridays Nears Bankruptcy Filing

The casual-dining stalwart has dealt with slowing sales. A deal to purchase the company fell through earlier this year.

Business - The Wall Street Journal - October 31

How will filing for bankruptcy impact my credit score?

Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.

TGI Fridays Files for Chapter 11 Bankruptcy

The company filed for Chapter 11 bankruptcy protection on Saturday but said its restaurants would remain open while it works on a “restructuring process.”

Business - The New York Times - 6 days ago

Nintendo Cuts Switch Sales Forecasts After Weak Results

The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.

Business - The Wall Street Journal - 4 days ago

TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges

TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.

TGI Fridays Files for Bankruptcy Protection Amid Financial Troubles

Dallas-based TGI Fridays filed for Chapter 11.

Business - Inc. - 6 days ago

True Value declares bankruptcy, lines up sale to rival hardware chain

True Value, a national hardware brand founded in 1948, said it has a deal to be acquired by rival Do it Best.

Sutton Foster files for divorce from husband Ted Griffin after 10 years of marriage

Broadway star Sutton Foster is calling curtains on her 10-year marriage to screenwriter Ted Griffin amid reports she and former co-star Hugh Jackman are a thing.

Entertainment - Los Angeles Times - October 25

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.

Business - The Wall Street Journal - October 31

Police send Russell Brand file to CPS to consider charges

The comedian and presenter has denied allegations relating to the period from 2006 to 2013.

Judge scolds Giuliani for not turning over assets, including car he's driving

Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed. He owes the women $148 million in damages.

Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.

Business - The New York Times - October 17

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

Business - CNBC - October 18

Texas Instruments earnings show some improvements, despite weak industrial sales

Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.

Business - MarketWatch - October 23

Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

Vice-president seeks to energise women voters as White House race against Donald Trump tightens

Business - Financial Times - October 26

Nasdaq hits record high as tech stocks rebound from summer sell-off

Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet

Business - Financial Times - October 25

Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Business - MarketWatch - October 30

Molson Coors sees weakness in U.S. beer volumes, leading to a sales miss

Molson Coors sees sales volumes drop amid weakness in the U.S. beer industry.

Business - MarketWatch - 2 days ago

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - October 30

Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand

Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...

Business - MarketWatch - October 29

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - October 29

Band-Aid, Tylenol parent’s sales miss the mark amid weakness in skin health

Kenvue tops profit view but sales fall a bit shy, as skin health and beauty see weakness.

Business - MarketWatch - 2 days ago

Trump election interference case evidence unsealed after Jack Smith filing

Just weeks before the 2024 general election, Judge Tanya Chutkan unsealed evidence in the election interference case against former President Donald Trump after his lawyers requested a delay until ...

What to know about filing an insurance claim after a hurricane

Navigating the insurance process after a natural disaster damages your home can be daunting. Here are some key tips.

Electrolux Shares Tumble After North America Weakness Weighs on Results

Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...

Business - The Wall Street Journal - October 25

Biden going on campaign trail after weak October jobs report

President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters ...

Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes

The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.

Business - The Wall Street Journal - October 23

Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines

KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.

Business - CNBC - 4 days ago

10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading

Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...

Business - MarketWatch - October 15

Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high

Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.

Business - MarketWatch - November 1

Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam

Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out ...