Exclusive: The CBI warns Liam Fox’s Brexit trade plans could bankrupt British companies

EXCLUSIVE: The CBI — Britain’s biggest business group — warns Liam Fox’s plan to “cut and paste” 40 free trade deals is near-impossible and could push Britain towards a “cliff-edge”. This week, BI reported the European Commission was “deeply concerned” about the UK trade department’s lack of preparation for rolling over trade deals it enjoys as […]

Why 25% of English farms could go bankrupt after Brexit

Reuters / Russell Cheyne Academics say government plans to replace farm subsidies after Brexit could mean that up to 25% of England’s least profitable farms could go bankrupt. Dr Ludivine Petetin said “up to one in four” farms in England could “disappear” after Brexit in comments originally reported by the Farmers Guardian. The EU’s Common […]

Tesla is falling after Elon Musk jokes about the company going bankrupt (TSLA)

Markets Insider Tesla‘s stock was down on Monday morning following a string of negative news stories. The company is expected to fall short of first-quarter vehicle deliveries and earnings projections, Moody’s has downgraded its debt, and the company is involved in a National Transportation Safety Board investigation over a crash involving its Autopilot driving system. […]

'Obesity could BANKRUPT the NHS' A growing number of obese children undergoes joint ops

The NHS digital data also reveals weight-related hip and knee replacements, normally associated with older people, have been soaring among young adults and people of middle age.  The total number of obese people of all ages having to undergo joint replacements has risen by almost 60 per cent in the past three years to 37,352.  […]

MegaDo Day 1: Flying a Bankrupt Airline From New York to Rome

MegaDo: Flying a Bankrupt Airline From New York to Rome Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]

Here are the unique names the NYC ‘Taxi King’ had for his 22 companies that went bankrupt

Thomson Reuters In July 2015, Evgeny “Gene” Freidman   — New York City’s one-time “Taxi King” —  filed for Chapter 11 bankruptcy protection for 22 of his companies after defaulting on a $ 34 million loan from Citibank. Those 22 companies held a total of 46 taxi medallions, the metal plates on the hoods of yellow cabs that […]

Boris Becker declared bankrupt

Boris Becker has been declared bankrupt by a British court after he failed to pay a longstanding debt. APNews Corp Australia Network Share Share on Facebook Share on Twitter Share on Google+ Share on Reddit Email a friend BORIS Becker has been declared bankrupt by a British court after the former tennis player failed to […]

‘The dominoes are starting to fall’: Retailers are going bankrupt at a staggering rate

Business Insider/Hayley Peterson Retailers are filing for bankruptcy at an alarming rate that’s quickly approaching recessionary levels. It’s only April, and nine retailers have already filed for bankruptcy since the start of the year — as many as all of last year. “2017 will be the year of retail bankruptcies,” Corali Lopez-Castro, a bankruptcy lawyer, […]

Here’s what will happen to your Sears warranty if the company goes bankrupt (SHLD)

AP Albert Barrera of Odessa, Texas, walked into a Sears store recently with a pressing question for the manager: “If Sears closes, who will service my refrigerator?” Barrera had bought a Kenmore refrigerator for $ 529 several months earlier, and along with it, he purchased a three-year service warranty that cost $ 229 — almost […]