Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according to Adobe Analytics. Sales…
LeBron James signs with Fanatics Collectibles in a trading card deal, leaving Upper Deck after 20 years. Courtesy: Fanatics LeBron James is moving his trading card sponsorship to Fanatics Collectibles after more than 20 years with rival Upper Deck. Fanatics will kick off the deal by selling a unique Bowman brand card featuring a dual…
Listen to article (1 minute) Drones are more likely to be buzzing overhead this year if you live in Dallas. Walmart plans to offer drone delivery to most of the region this year, a major expansion of its effort in recent years to provide the delivery option to some customers in several states. Copyright ©2024…
Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
Comment on this storyComment Add to your saved stories Save The United Auto Workers pressed forward in its effort to unionize auto factories in the South by announcing that 30 percent of Mercedes workers at an Alabama factory have signed cards endorsing unionization. The 30-year-old Tuscaloosa plant is the second to reach that milestone in…
The Federal Aviation Administration will examine the jet-maker’s processes after last Friday’s emergency.