Latest in Default Debt
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British Steel’s auditors warn of ‘material uncertainty’ as it battles to survive
Company had £736mn of debt at end of 2023, much of it from entities controlled by its Chinese parent JingyeFinancial Times - 7h -
CoreWeave Disappoints on Opening of Trading
The start-up, which provides the processing power to help develop A.I. systems, faces questions about its debt and the overall economy.The New York Times - 3d -
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group ...NBC News - 1h