As with most high price takeovers.... Elton Musk WILL cut the ass out of the company to try and save it..... Urging the remaining workers to hucker down and do work their tail's off for less pay and benefits so he can make money.... He's already auctioned off TONS of his … [Read more...] about Musk mentions bankruptcy for Twitter…..
Diocese of Rockville Centre files for bankruptcy after child sex abuse lawsuits
...from the NY Post.... The Diocese of Rockville Centre — one of the nation’s largest Catholic dioceses — has filed for bankruptcy as a result of more than 200 sexual abuse lawsuits. Bishop John Barres made the announcement in a video Thursday, saying the diocese was filing … [Read more...] about Diocese of Rockville Centre files for bankruptcy after child sex abuse lawsuits
J.C. Penney joins the Gap and Neiman Marcus in declaring bankruptcy….
The retail chains had been teetering on the edge of closing.... The virus shutdown of retail shopping pushed them over the edge... It's hard times for big store retail.... On-line shopping and a recession economy is and will keep hurting clothing stores which have lost … [Read more...] about J.C. Penney joins the Gap and Neiman Marcus in declaring bankruptcy….
Why Elizabeth Warren is after big business…
The NY Times does a piece tracing her history of being pro-business until she got to see the under belly of people broke and trying to get out under huge debt they would never be able to repay... That something, as Ms. Warren often tells the story, was her deepening … [Read more...] about Why Elizabeth Warren is after big business…