Number of debt-laden ‘zombie’ companies soars to nearly 7,000—and many of these publicly traded firms won’t survive: ‘They’re going to get crushed’By Press Room7 June 2024 They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival,…
Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion ‘Reverse Yankee’ effectBy Press Room18 May 2024 A surprise drop in inflation in the Eurozone is helping the continent get a head start on interest rate cuts…
2023 was a worse year for corporate bankruptcies than 2020—and the highest since the GFC—after a stunning 72% surge, S&P Global findsBy Press Room9 January 2024 When much of the world’s economy shut down after the outbreak of COVID-19 in 2020, businesses across the U.S. were…