Canoo put employees on a 'mandatory unpaid break' after pausing work at Oklahoma factories this weekCanoo has furloughed employees as it seeks to secure necessary capital, locking remaining staff out until at least the year's end.
Rocky Mountain Bicycles Files for Pandemic-Fueled Business RestructureRocky Mountain Bicycles is restructuring due to financial difficulties caused by pandemic supply issues and post-pandemic price drops.
Financially strapped Cal Shakes says it will shut down for goodCalifornia Shakespeare Theater is permanently closing due to longstanding financial difficulties exacerbated by the pandemic.The arts community continues to suffer as many companies face similar financial challenges post-pandemic.
Rocky Mountain Bicycles Files for Pandemic-Fueled Business RestructureRocky Mountain Bicycles is restructuring due to financial difficulties caused by pandemic supply issues and post-pandemic price drops.
Financially strapped Cal Shakes says it will shut down for goodCalifornia Shakespeare Theater is permanently closing due to longstanding financial difficulties exacerbated by the pandemic.The arts community continues to suffer as many companies face similar financial challenges post-pandemic.
Putin and ransomware blamed for Stoli US bankruptcy filingStoli Group's US subsidiaries filed for bankruptcy protection due to financial struggles worsened by a ransomware attack and a prolonged legal battle.
Bradley Wiggins opens up about his 'love-hate' relationship with cycling as new details of financial difficulties emergeBradley Wiggins discusses personal trauma from cycling and financial difficulties.
Katie Price warned she could be arrested for missing bankruptcy hearingsKatie Price could face arrest if she continues to miss bankruptcy hearings without a valid reason.
Putin and ransomware blamed for Stoli US bankruptcy filingStoli Group's US subsidiaries filed for bankruptcy protection due to financial struggles worsened by a ransomware attack and a prolonged legal battle.
Bradley Wiggins opens up about his 'love-hate' relationship with cycling as new details of financial difficulties emergeBradley Wiggins discusses personal trauma from cycling and financial difficulties.
Katie Price warned she could be arrested for missing bankruptcy hearingsKatie Price could face arrest if she continues to miss bankruptcy hearings without a valid reason.
Police 'look into some transactions' at DumbartonDumbarton entered administration due to significant unsecured debts and non-receipt of funds from a land sale.
San Francisco's Contemporary Jewish Museum to close indefinitelyThe Contemporary Jewish Museum in San Francisco will close for at least a year due to financial difficulties exacerbated by the pandemic.
Quantron is running out of money but a capital increase is expected soon, media reportQuantron, a German e-mobility company, is facing financial difficulties leading to delayed wages and job security concerns for its employees.
Sixty Collective bags one more loan extension for Beverly Hills hotelSixty Collective has secured a fourth loan extension for its hotel but under significantly harsher terms.
Barcelona's Ilkay Gundogan to return to Manchester City on free transferIlkay Gundogan returns to Manchester City on a free transfer after his stint at Barcelona, revealing financial strain issues at the Catalan club.
Two Ted Baker stores to close in south east London TOMORROWTed Baker is closing all physical stores in the UK and Ireland due to significant financial difficulties, impacting over 500 jobs.
Big Lots is closing most of its South Florida stores. Here's where they are.Big Lots plans to close up to 315 stores due to lagging sales and high debt, with Florida seeing 26 closures.
Two Ted Baker stores to close in south east London TOMORROWTed Baker is closing all physical stores in the UK and Ireland due to significant financial difficulties, impacting over 500 jobs.
Big Lots is closing most of its South Florida stores. Here's where they are.Big Lots plans to close up to 315 stores due to lagging sales and high debt, with Florida seeing 26 closures.
Canada Jetlines grounds all flights, plans to file for creditor protection | CBC NewsCanada Jetlines is ceasing operations due to financial issues and will file for creditor protection.
Luxury retailer Ted Baker begins store-closing liquidation sales | CBC NewsClothing retailers starting store-closing clearance sales.
25-year-old Chelsea star is set to leave the club in the summerMalang Sarr, Chelsea's centre-back, is likely to leave the team this summer due to financial reasons and lack of playing time.
Thames Water funding crisis: the key players in the row over its futureThames Water facing financial difficulties with finger-pointing at Ofwat's strict regulations.Options for Thames Water include seeking more investor funds, government intervention, or debt restructuring.
University of Antelope Valley closes campus, faces shutdownThe University of Antelope Valley has faced financial difficulties and is closing its California campus.The decision to close the campus followed issues with salaries, accreditation, and financial stability.
Two East Bay private schools to close this year, one after 147 yearsSt. Anthony Catholic School and Our Lady of Guadalupe are closing due to financial challenges.St. Anthony might reopen in 2025 with a new program.
Musicians walk out after London orchestra leaves them unpaid for monthsLondon Chamber Orchestra musicians walked out of a concert due to unpaid wages.Barclays Bank froze the orchestra's account, causing financial difficulties for the orchestra and other organizations.
Croydon: Penalty charge notice error cost borough 150,000Croydon Council has cancelled penalty charge notices for 3,100 people due to a printing error, costing £150,000.The council apologised and said the affected PCNs would be cancelled and refunds issued to those who had already paid.
Premier League striker "is going to go to Newcastle", claims talkSPORT manDominic Calvert-Lewin is reportedly set to move from Everton to Newcastle United, indicating financial difficulties at Everton.
Hendrick cuts sponsor after Hooters can't pay billsHendrick Motorsports has dropped Hooters as a sponsor due to the chain's financial struggles.
Reading withdraw women's team from ChampionshipReading FC Women facing demotion due to financial difficulties, impacting competition levels and aspirations.