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bankrupt
Social Security Will Go Bankrupt in 2035, One Year Later Than Prior Projections
When the fund goes bankrupt, Social Security benefits will be cut to 83 percent of what they are now.
May 6, 2024
BY
Tom Ozimek
Don’t Pump the Mascara
Pumping mascara adds air into the tube, making your mascara dry up faster.
January 25, 2024
BY
Mary Hunt
Consulting Firm McKinsey to Pay $230 Million in Latest US Opioid Settlements
Consulting firm McKinsey & Co. has agreed to pay $230 million to resolve lawsuits by hundreds of U.S. ...
September 28, 2023
BY
Reuters
How the Illegal Immigration Crisis Is Changing New York City: Victor Avila
New York City's migration crisis triggers a state of emergency. Local protests highlight the strain from providing free ...
September 4, 2023
BY
Joshua Philipp
Ex-CEO of Bankrupt Cryptocurrency Exchange Celsius Arrested, Charged With Fraud
The former CEO of bankrupt cryptocurrency lending platform Celsius Network, Alexander Mashinsky, has been arrested and is facing ...
July 14, 2023
BY
Katabella Roberts
Crypto Platform FTX Goes Bankrupt, Boss Resigns
FTX Group, a collection of some 130 companies behind the cryptocurrency platform FTX, has filed for bankruptcy, and ...
November 11, 2022
BY
Tom Ozimek
Congressional Clown Show Bankrupts America
Commentary Seemingly lost in the day-to-day nonsense of our political theater is that the U.S. Congress is responsible ...
March 6, 2022
BY
Bob Byrne
The Postal Service Is Bankrupt
Commentary The U.S. Postal Service is underwater. It's financially drowning. Ben Franklin, America’s first postmaster general, must be ...
February 15, 2022
BY
Stephen Moore
Over 20,000 Applicants Compete for a Job in Tibet Amid China’s Unemployment Crisis
This year, workers in China have encountered waves of large-scale layoffs. In the latest Chinese civil service exams, ...
November 5, 2021
BY
Shawn Lin
Bankruptcy Judge Approves Purdue Pharma’s $7 Million Executive Bonus Plan
A bankruptcy judge on Monday approved up to $7.1 million in bonuses for five executives of Purdue Pharma, ...
September 14, 2021
BY
Reuters
China’s HNA Group Ignores Promise to Repay Employees’ Investments in the Company
China's HNA Group was recently hit with an open letter from a whistleblower who said it was written ...
July 20, 2021
BY
Gu Xiaohua
and
Jiang Feng
China’s ‘Richest Village’ in Financial Crisis
Huaxi Village in Jiangsu Province, once touted by the Chinese regime as "China’s richest village," is in financial ...
March 3, 2021
BY
Alex Wu
China in Focus (Feb. 2): Fertility App Sued for Data Sharing
One woman accuses a smartphone app of sharing data with the Chinese regime. The software helps women plan ...
February 2, 2021
BY
Tiffany Meier
Wendy’s Franchisees, Flynn to Buy Bankrupt NPC’s Burger Joints
Wendy's Co said on Thursday restaurant operator Flynn Restaurant Group as well as a few other of its ...
January 7, 2021
BY
Reuters
China Insider: China’s Five Largest State-Owned Banks Face Worsening Bad Debts
The Q3 financial reports of China’s five largest state-owned banks showed that their profits have deteriorated and bad ...
November 4, 2020
BY
Epoch Video
Wave of Factory Closures Hits Shenzhen
After Chinese leader Xi Jinping’s visit to Shenzhen two weeks ago, in which he emphasized the city as ...
November 3, 2020
BY
Alex Wu
Bankrupt Pier 1 To Become an Online Retail Outlet
Bankrupt Pier 1 Imports is winding down its brick-and-mortar operation, but its brand name will survive online. Retail ...
July 31, 2020
BY
Wire Service
LATAM Becomes Largest Airline to File for Bankruptcy Amid CCP Virus
LATAM Airlines Group SA filed for U.S. bankruptcy protection on Tuesday, becoming the largest carrier to seek an ...
May 26, 2020
BY
Reuters
China’s Tianjin Government Orders Bohai Steel Restructuring Start by September: Sources
SINGAPORE/BEIJING—The government of the Chinese city of Tianjin, the only shareholder of bankrupt Bohai Steel Group Ltd., is ...
August 21, 2019
BY
Reuters
No. 1 US Utility PG&E Prepares Bankruptcy Filing After California Wildfires
PG&E Corp., owner of the biggest U.S. power utility by customers, said on Jan. 14 it is preparing ...
January 15, 2019
BY
Reuters
Sears Chairman Submits New $5 Billion Bid to Save Bankrupt Retailer
Sears Holdings Corp. Chairman Eddie Lampert submitted a revised takeover bid of more than $5 billion for the ...
January 11, 2019
BY
Reuters
Britain’s Monarch Airlines Goes Bust, Leaving Thousands Stranded
LONDON—Monarch Airlines collapsed on Monday, the biggest ever failure of a British airline, stranding tens of thousands of ...
October 2, 2017
BY
Reuters
Malaysia Air CEO Says Carrier Could Break Even by 2018
The new CEO of Malaysia Airlines said the ailing carrier could break even by 2018 after cutting staff, ...
June 1, 2015
BY
The Associated Press
MF Global’s Customer Account Shortfall Could Double
The trustee overseeing the bankruptcy of New York-based broker-dealer MF Global said on Monday that the amount of ...
November 21, 2011
BY
Frank Yu
Italy on Verge of Financial Bankruptcy, Say Officials
One of the world's strongest economies and a European Union powerhouse, Italy may be on the verge of ...
December 6, 2008
BY
Kremena Krumova
TOP NEWS
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
1hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
1hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
2hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
2hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
3hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
3hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
4hr
By
Jackson Richman
and
Nathan Worcester
US Signs Nuclear Cooperation Deal With Saudi Arabia
4hr
By
Emel Akan
Allergy Medication Recalled Over Possible ‘Life-Threatening’ Risks
4hr
By
Jack Phillips
US, Ukraine Sign Agreement for Drone Testing
5hr
By
Jill McLaughlin