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Tag: Bankruptcies

World

Will Hudson’s Bay’s 355-Year-Old Charter Go to the Highest Bidder?

June 7, 2025IAN AUSTENComments Off on Will Hudson’s Bay’s 355-Year-Old Charter Go to the Highest Bidder?

The bankruptcy receivers want to auction the founding document signed by Charles II in 1670. Others say it belongs to the public.

World

Hudson’s Bay Stores to Close in Canada

June 1, 2025June 2, 2025IAN AUSTENComments Off on Hudson’s Bay Stores to Close in Canada

Bargain hunters picked over what was left at the Hudson’s Bay Company’s remaining stores, part of a vast empire that was North America’s oldest company.

World

Hooters Files for Bankruptcy, but Its Restaurants Will Stay Open

April 1, 2025Claire MosesComments Off on Hooters Files for Bankruptcy, but Its Restaurants Will Stay Open

A group that includes the restaurant’s founders will buy restaurants from the private equity firm that owns many locations of the chain.

World

Swedish Battery Maker Northvolt Collapses, a Blow to Europe

March 12, 2025MELISSA EDDYComments Off on Swedish Battery Maker Northvolt Collapses, a Blow to Europe

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.

World

Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota

October 16, 2023Neal E. BoudetteComments Off on Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota

Mr. Ford, the executive chairman of Ford Motor, said nonunion automakers would make gains against Michigan automakers because of strikes by the United Automobile Workers union.

World

The Places That Sam Bankman-Fried Left Behind

October 10, 2023David Yaffe-Bellany and Jeanne Noonan DelMundoComments Off on The Places That Sam Bankman-Fried Left Behind

Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas.

World

VanMoof, Trendy E-Bike Brand, Bought Out of Bankruptcy by Scooter Maker

August 31, 2023August 31, 2023Claire MosesComments Off on VanMoof, Trendy E-Bike Brand, Bought Out of Bankruptcy by Scooter Maker

Lavoie, which makes high-end scooters based on McLaren’s Formula 1 technology, acquired the trendy e-bike brand that had gained a zealous following.

World

VanMoof’s Bankruptcy Worries Owners of Electric Bikes

August 3, 2023Claire MosesComments Off on VanMoof’s Bankruptcy Worries Owners of Electric Bikes

VanMoof’s sleek electric bikes attracted fans, but the Dutch company’s demise has left owners unable to get repairs and worried that app-enabled functions may stop working.

World

Investor Charged With Kidnapping ‘Crypto King’

July 20, 2023July 20, 2023Jesus JiménezComments Off on Investor Charged With Kidnapping ‘Crypto King’

Aiden Pleterski is accused of spending investors’ money on luxury cars and vacations before filing for bankruptcy, according to court records. Then he was kidnapped by one of his investors, police say.

World

British Battery Start-Up Files for Bankruptcy

January 17, 2023January 17, 2023STANLEY REEDComments Off on British Battery Start-Up Files for Bankruptcy

The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.

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A New Border Wall in Arizona Would Block a Key Wildlife Corridor

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Ancient Gems Linked to Buddha Are Returned to India

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Trump Tells Russian Official to ‘Watch His Words,’ but He Bites Back Instead

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Modi’s ‘True Friend’ Trump Deals India a Big Blow With Tariff Threats

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