New Chapter 11 Bankruptcy Filings Week Ending May 28 2023
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Mattel Sales Miss Forecasts as 'Barbie' Boost Wanes
Toymaker’s sales slipped in its first quarter as the boom from last year’s “Barbie” movie eased.The Wall Street Journal - World -
FTC Bans Noncompete Agreements That Restrict Job Switching
The move sets up a high-stakes legal clash with business groups over the agency’s power.The Wall Street Journal - World -
Fundamental Advisors Seeks $1.5 Billion to Invest in Municipal Assets
Fundamental Advisors aims to collect $1.5 billion to buy assets such as senior-care properties, where the credit specialist sees opportunities despite increased scrutiny of private-equity investments in healthcare, people familiar with the matter ...The Wall Street Journal - World -
Cathie Wood's Popular ARK Funds Are Sinking Fast
Investors have pulled a net $2.2 billion from ARK’s active funds this year, topping outflows from all of 2023.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on Tidewater Renewables, Petronet, Dialog Group, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
'Human' Review: PBS's Unwieldy Look at Modern Life
This ambitious episode of ‘A Brief History of the Future’ considers what it means to be human in the 21st century.The Wall Street Journal - World -
Bigger, Longer Unemployment Checks for All
The Labor Department learned all the wrong pandemic lessons.The Wall Street Journal - World -
Apparel Retailer Express Files for Chapter 11 Bankruptcy
A group led by brand-management firm WHP Global plans to buy a substantial majority of the company’s retail stores and operations.The Wall Street Journal - World -
Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale
Express Inc. has filed for Chapter 11 bankruptcy protection and the fashion retailer is seeking to sell the majority of its storesABC News - Top stories -
Celebrity birthdays for the week of April 28-May 4
Celebrities having birthdays during the week of 28-May 4 include wrestler-actor Dwayne Johnson, sports reporter and TV personality Erin Andrews and singer Willie NelsonABC News - Entertainment -
Co-working space provider WeWork plans to exit bankruptcy without taking on more loans to fund the rest of its chapter 11 proceedings.
Co-working space provider WeWork plans to exit bankruptcy without taking on more loans to fund the rest of its chapter 11 proceedings.The Wall Street Journal - World -
U.K. blood scandal inquiry ends in May
A public inquiry will shed light on how thousands of people in the United Kingdom were infected with HIV and hepatitis C after some took part in a treatment using donated human blood plasma in the 1970s. Investigative reporter Guy Lynn from BBC ...CBS News - Top stories - United Kingdom -
Express files for bankruptcy, will close 95 Express and all UpWest stores
Express disclosed Monday that it has filed for bankruptcy, a move that the troubled clothing retailer has been expected to pursue for the past couple months.MarketWatch - Business -
Apparel Retailer Express Files for Bankruptcy Protection, Will Close Over 100 Stores
Bankruptcy will affectBonobos and UpWest Express as well, as fashion tastes change and people cut spending.Inc. - Business -
Express files for bankruptcy, plans to close nearly 100 stores
Ohio-based clothing retailer intends to use bankruptcy process to facilitate sale of company to WHP Global.CBS News - Top stories -
Rail strikes announced for May Bank Holiday week
Train drivers will stage walks-out between 7 and 9 May while overtime bans will disrupt services.BBC News - Top stories -
Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand
Longtime mall retailer Express filed for bankruptcy and plans to close nearly 100 stores as an investor group looks to save it from extinction.CNBC - Business -
Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand
Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it.NBC News - Top stories -
Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say
Caitlin Clark appears to be on the cusp of setting another recordABC News - Sports -
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack on its Change Healthcare businessABC News - Tech -
Like Moths to a Flame? We May Need a New Phrase.
Over time researchers have found fewer of the insects turning up in light traps, suggesting they may be less attracted to some kinds of light than they once were.The New York Times - Science -
Apple sends invites to May 7 launch event, new iPads expected
Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.CNBC - Business - Apple -
New Meloni Law in Italy May Embolden Anti-Abortion Activists
The measure, largely restating existing law, shows the prime minister’s skill at reassuring her right-wing base without sacrificing her increasingly mainstream image.The New York Times - World - Abortion -
New Meloni Law in Italy May Embolden Anti-Abortion Activists
The measure, largely restating existing law, shows the prime minister’s skill at reassuring her right-wing base without sacrificing her increasingly mainstream image.The New York Times - Top stories - Abortion -
Brent oil ends at a more than 3-week low as Middle East tensions appear to ease
Global oil prices ended Monday at their lowest since late March as Middle East tensions appeared to ease, calming concerns over the potential for oil-supply disruptions.MarketWatch - Business -
For runners, marathons have become the new ‘fashion weeks’
The 44th London Marathon is poised to be a bonanza for runners and brands alikeFinancial Times - Business -
A look at the first week of Trump's historic New York trial
Former President Donald Trump is facing criminal charges of falsifying business records over alleged "hush money" payments made to adult film actress Stormy Daniels. The jury that will decide the case, including a teacher, an investment banker and ...CBS News - Top stories - New York -
What We Saw at New York Bridal Fashion Week
Reimagined classic silhouettes, a play on textures and interactive presentations brought fresh takes to the spring and summer 2025 bridal collections.The New York Times - Lifestyle - New York -
Sea Of Thieves Season 12 Launches Next Week With New Weapons And Pets
Sea of Thieves Season 12 is scheduled to launch next week on April 30. Ahead of its launch, Rare decided to share some information on what changes players can expect in the upcoming season, including the use of throwing knives, new ways to board ...GameSpot - Tech -
Heat-Related ER Visits Rose in 2023, CDC Study Finds
As record heat enveloped the nation, the rate of emergency room visits increased compared with the previous five years, a sign of the major health risks of high temperatures.The New York Times - Health -
11 best bath mats of 2024
A drip and slip is dangerous — and something that NBC Select editors don’t mess around with (see: Best of Bed & Bath Awards).NBC News - Top stories -
Google fires 28 employees who protested Israel cloud contract
The protests, organized by the No Tech for Apartheid campaign, raised concerns about Google and Amazon's $1.2 billion contract with the Israeli government and military called Project Nimbus.Los Angeles Times - Entertainment - Google -
Google Fires 28 Employees Who Protested an Israeli Cloud Contract
The dismissals escalated longstanding tensions between company leaders and activist employees opposed to supplying technology to Israel’s government.The New York Times - Tech - Google -
Eurozone business activity rises to 11-month high
Data expected to reassure ECB officials that eurozone still on track for ‘soft landing’Financial Times - World -
Global military spending hit all-time high in 2023 after 7% jump, report finds
Global military spending reached a fresh record high in 2023, totaling $2.4 trillion, a report by the Stockholm International Peace Research Institute said.CNBC - Business -
Warner Bros. Discovery CEO David Zaslav made nearly $50 million in 2023
David Zaslav, the media executive who heads Warner Bros. Discovery, made almost $50 million in 2023, per recent financial disclosures from the publicly traded company. Zaslav's base salary was $3 million last year, but he made more than $47 ...The Hill - Politics -
'The Witcher' to end with Season 5 on Netflix
'The Witcher' is ending after its upcoming Season 5. The fourth and fifth seasons will be filmed back to back.Los Angeles Times - Entertainment - Netflix -
Nas’ 'Illmatic' Was the Beginning of the End of the Album
Nas’ critically revered Illmatic hit record store shelves 30 years ago today. The digital age has ensured that there will never be another album like it.Wired - Tech -
'It is the end for Ten Hag - there is no coming back'
Erik ten Hag's time as Manchester United manager is reaching an end and there is "no coming back", says Chris Sutton.BBC News - Top stories -
Small-Business Bankruptcies Surge Ahead of Potential Law Change
The 78% rise in subchapter V petitions under chapter 11 in February was also due to pressures to repay pandemic loans and high-interest debt, lawyers say.The Wall Street Journal - World