They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
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NEW YORK — An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt ...
The number of Americans applying for jobless claims rose last week, but layoffs remain at healthy levels despite lingering ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on their loans — has soared to nearly 7,000 ...
Some people say, “If you do what you love, you’ll never work a day in your life.” Those people have never met Jerry Habibi.
Walmart Inc. plans to lay off hundreds of corporate workers and is asking others to relocate to new cities, the Wall Street Journal reported Monday night. According to the Journal, which cited ...
Gov. Gavin Newsom (D-CA) announced on Friday his revised $288 billion budget for 2024-2025 that calls for spending cuts in 260 different state programs, slashing over 10,000 vacant jobs, and ...
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced. Jobless claims for the ...
Initial filings for unemployment benefits in the US climbed to their highest level since August 2023 — a sign that the robust American labor market is cooling. Initial jobless claims increased ...