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As for Marelli, it plans to continue operating, promising customers no interruption to service or parts delivery as it goes through bankruptcy. It said it negotiated $1.1 billion in financing to ...
Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto suppliers will likely follow, industry analysts said.
News, trends, strategies and best practices related to labor and workforce management. This cross-publication newsletter features a broad range of news, discussions, and new product content produced ...
The canned food company has secured $912.5 million in financing to support itself through the proceedings as it intends to ...
At Home’s filing follows that of automotive supplier Marelli, which also blamed tariffs for its bankruptcy last week.
The bankruptcy of Marelli, a key automotive component supplier, marks a significant fallout from the new tariffs imposed by Donald Trump's administration.
Cinemax Holdings USA has filed for bankruptcy for the second time in five years, but is expected to continue to operate its ...
Home decor retailer At Home Group has entered Chapter 11 bankruptcy to pave the way for a "restructuring support agreement" it has reached with lenders.
Crypto Market Maker Wintermute Snags Bitcoin Credit Line From Cantor Fitzgerald The loan facility enhances Wintermute’s ability to hedge risks effectively across exchanges and maintain broad ...
Wolfspeed shares plunged 30% to an all-time low Monday as the struggling chipmaker announced it had filed for Chapter 11 bankruptcy in order to implement a Restructuring Support Agreement (RSA ...
(Reuters) -Wolfspeed (WOLF) said on Monday it has filed for Chapter 11 bankruptcy protection, as the chipmaker grapples with huge debt amid slowing demand from electric vehicle and industrial ...