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Can AR Tech Revive Ailing Toys R Us?
Oct 10, 2017Toys R Us is harnessing the power of augmented reality to help bring the ailing retailer from the brink of bankruptcy, it has been revealed. In the midst of its ongoing financial struggles, CEO Dave Brandon has detailed the ...
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Two Long and Specialty Steel Producers in Brazil Filed for Bankruptcy Last Week
Aug 18, 2014Two long and specialty steel producers in Brazil filed for bankruptcy last week, according to media reports. Both companies belong to the Wilson Santos group. Cisam Siderurgia and Ciafal, located in the cities of Para de Minas and ...
Tags: Brazil, Bankruptcy, Metallurgy
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Federal Court Records Show That The Oct. 8 Bankruptcy Filing
Dec 26, 2013Federal court records show that the Oct. 8 bankruptcy filing by the nation's largest organic peanut butter processor was sparked by Issaquah, WA-based Costco, a membership-based warehouse club, when it unilaterally terminated a deal it had ...
Tags: nation's largest organic peanut butter processor, WA-based Costco
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China's Local Officials May Seek to Clear up Financial Disarray by Developing Bond Markets
Nov 17, 2013When the world was digesting news of Detroit’s bankruptcy in July, the biggest ever by a municipality in the US, attention in China turned to the highly indebted government of Jiangsu province. Provincial, city and county authorities ...
Tags: Bond Markets, Local Officials
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Australian Dollar Is Slightly Higher After a Quiet Day of Trade
Jul 19, 2013The Australian dollar is slightly higher after a quiet day of trade. At 5pm today, the local unit was buying 91.71 US cents, up from 91.52 cents yesterday. Bond markets gained strength after Detroit became the largest city in US history ...
Tags: Australian Dollar, economy
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Fisker Automotive Looks Set to File for Bankruptcy Protection in The Us This Week
Apr 11, 2013Luxury plug-in hybrid carmaker Fisker Automotive looks set to file for bankruptcy protection in the US as soon as this week, according to latest reports. Under pressure from the US Department of Energy (DOE) to re-pay nearly US$200 ...
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Frederic Chesnais Has Decided to Take a 25.23% Stake in The Company in a Bid to Save It
Feb 5, 2013IDG News Service - Former Atari Interactive CEO Frederic Chesnais has decided to take a 25.23% stake in the company in a bid to save it from bankruptcy, Atari announced Tuesday. He will pay principle shareholder BlueBay just 400 euros for ...
Tags: Computer Products, company news
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The Solar Industry Believes Market Conditions Will Improve in 2013
Feb 4, 2013The solar industry believes market conditions will improve in 2013 because firms now have a consensus to stop price competition. In addition, firms that dumped products and disrupted prices now have lower inventory levels, hence the market ...
Tags: solar industry, 2013, China
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GM Conducts R&D with Professionals in Different Industries on The Possibility of Energy
Jan 25, 2013US-based automobile maker GM has been conducting R&D with professionals in different industries on the possibility of storing energy on used automobile lithium batteries. Digitimes Research believes if the R&D is successful, it will lower ...
Tags: automobile maker, GM, used automobile lithium batteries, storing energy
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Atari Has Filed for Bankruptcy Protection in The U.S
Jan 24, 2013Iconic video game company Atari has filed for bankruptcy protection in the U.S. in an effort to separate operations from parent company Atari SA, which is based on France and has also filed for bankruptcy. Atari, Atari Interactive and two ...
Tags: Iconic video game, Atari, bankruptcy
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Contractors Are Struggling with Shortages of Workers
Dec 31, 2012The construction industry shed 2.2 million workers between January 2007 and last year. So now there's an overabundance of them eager for jobs, right? Wrong. Contractors are struggling with shortages of workers as the home-building market ...
Tags: construction industry, workers, shortage, construction
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4t Networks Is Offering 50% off of Disaster Recovery Setup From Now Until November 30th
Dec 21, 20124t Networks is offering 50% off of disaster recovery setup from now until November 30th, which marks the end of the 2012 hurricane season. Use the code HURRICANE2012 when you set up your disaster recovery system to receive the discount. ...
Tags: 4t Networks, disaster recovery, network, company news
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Companies Filed a Bankruptcy Application with a Court in Uppsala
Dec 20, 2012Companies belonging to the Swedish Karlit group filed a bankruptcy application with a court in Uppsala after restructuring attempts made in recent weeks led down a dead-end street. A court-led reorganisation (Företagsrekonstruktion) ...
Tags: Swedish, Karlit group, bankruptcy, MDF
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Arktos Group Decided to File for Bankruptcy on 24 January
Dec 18, 2012Arktos Group decided to file for bankruptcy during an extraordinary shareholders' meeting on 24 January. The lawyer Veikko Almgren was appointed to represent Arktos. Production in Kemijärvi was halted and the work force of roughly 86 ...
Tags: finnish, Arktos Group, bankruptcy, financial problems
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Maderas Iglesias Was Forced After All to File for Bankruptcy
Dec 18, 2012The Spanish parquet manufacturer Maderas Iglesias, which had only in May 2011 successfully concluded a three-month provisional insolvency process („Preconcurso de acreedores"), was forced after all to file for bankruptcy ...
Tags: Spanish, parquet, Maderas Iglesias, bankruptcy