Bankruptcy

Stock Market

Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDIC

[ad_1] Staff of Silicon Valley Bank were offered 45 days of employment at 1.5 times their salary by the Federal…

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Stock Market

What happened to Silvergate Capital? And why does it matter?

[ad_1] Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse…

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Technology

Filing: crypto lender BlockFi, which filed for bankruptcy protection in November 2022, has $227M in uninsured funds in Silicon Valley Bank (Sarah Wynn/The Block)

[ad_1] Sarah Wynn / The Block: Filing: crypto lender BlockFi, which filed for bankruptcy protection in November 2022, has $227M…

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Technology

Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new consortium owner; it was valued at ~$1B in 2021 (Ingrid Lunden/TechCrunch)

[ad_1] Ingrid Lunden / TechCrunch: Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new…

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Stock Market

Bed Bath & Beyond says it now has about $360 million in proceeds from ‘most unusual’ February equity offering

[ad_1] Bed Bath & Beyond Inc. has received about $135 million in gross proceeds from the exercise of preferred stock…

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Dallas

Albuterol shortage could worsen after asthma drugmaker’s closure

[ad_1] A shortage of albuterol, a widely used drug for the treatment of asthma and respiratory syncytial virus (RSV), could…

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Technology

Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100 are spending unsustainably, and 73 trade below $1 (Bloomberg)

[ad_1] Bloomberg: Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100…

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Sports

MLB hires three to ramp up ‘local media’ department as fate of RSNs remains perilous with threat of bankruptcy

[ad_1] Major League Baseball is expanding its newly formed local media department, announcing three new hires on Wednesday in Doug…

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Banking

Bed Bath & Beyond dives 50% in February – it’s second-worst monthly performance ever – as the meme stock teeters on the edge of bankruptcy

[ad_1] Bed Bath & Beyond stock plunged 50% in February as the home furnishings company struggles to stave off bankruptcy. …

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Enterprenuers

How to Rebuild Credit After Bankruptcy | Entrepreneur

[ad_1] Opinions expressed by Entrepreneur contributors are their own. Bankruptcy can provide financial relief, but the downside is that it…

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