Thames Water faces court claim that 3bn bailout is poor, short-term fix'Environmental groups challenge Thames Water's emergency loan, citing exorbitant costs and urging for long-term solutions instead of short-term fixes.
Struggling Thames Water receives 5bn buyout offer from CovalisCovalis Capital has submitted a 5bn bid for Thames Water, aiming to restructure the company amid severe financial difficulties.
Thames Water faces court claim that 3bn bailout is poor, short-term fix'Environmental groups challenge Thames Water's emergency loan, citing exorbitant costs and urging for long-term solutions instead of short-term fixes.
Struggling Thames Water receives 5bn buyout offer from CovalisCovalis Capital has submitted a 5bn bid for Thames Water, aiming to restructure the company amid severe financial difficulties.
Royal Academy staff face redundancy amid plans to cut 18% of workforceRA plans to cut up to 60 roles to address financial pressures, potentially impacting 18% of its workforce.
Paramount Lays Off 15 Percent of U.S. EmployeesParamount is set to reduce staff by 15% due to industry shifts, aiming to cut annual costs by $500 million.
France's Casino supermarket chain to cut 3,200 jobs following takeoverFrance's Casino supermarket chain is cutting jobs following a takeover by Daniel Kretinsky to improve financial situation.
Royal Academy staff face redundancy amid plans to cut 18% of workforceRA plans to cut up to 60 roles to address financial pressures, potentially impacting 18% of its workforce.
Paramount Lays Off 15 Percent of U.S. EmployeesParamount is set to reduce staff by 15% due to industry shifts, aiming to cut annual costs by $500 million.
France's Casino supermarket chain to cut 3,200 jobs following takeoverFrance's Casino supermarket chain is cutting jobs following a takeover by Daniel Kretinsky to improve financial situation.
Atos under pressure: what does the French rescue mean?Atos's Benelux operations show resilience despite the company's overall financial challenges.
Atos liveblog: deadline with French government passes without takeover dealAtos is seeking a new proposal to acquire essential parts of the company while addressing ongoing financial struggles and restructuring efforts.
Atos under pressure: what does the French rescue mean?Atos's Benelux operations show resilience despite the company's overall financial challenges.
Atos liveblog: deadline with French government passes without takeover dealAtos is seeking a new proposal to acquire essential parts of the company while addressing ongoing financial struggles and restructuring efforts.
Safra has been placed in receivership while discussing with "Asian financial consortium" (and seeking further investors) - Sustainable BusSafra has entered receivership to restructure its liabilities amid significant financial decline and is exploring investment opportunities for recovery.
The Pro's Closet Is Back: Leading Used Bike Retailer Returns TodayTPC is rebooting under new management and private equity backing after nearly shutting down, focusing on buying used bicycles to recover its business.
Dragons' Den star Sara Davies' crafting firm rescued in pre-pack dealModella Capital's acquisition aims to revive Crafter's Companion, preserving jobs despite recent losses and significant creditor shortfalls.
The Pro's Closet Is Back: Leading Used Bike Retailer Returns TodayTPC is rebooting under new management and private equity backing after nearly shutting down, focusing on buying used bicycles to recover its business.
Dragons' Den star Sara Davies' crafting firm rescued in pre-pack dealModella Capital's acquisition aims to revive Crafter's Companion, preserving jobs despite recent losses and significant creditor shortfalls.
'We knocked seven years off our mortgage and saved about 40,000 in interest - by just restructuring the payments'Restructuring mortgage repayments led to significant loan payoff acceleration for Deirdre O'Keeffe.
'By just restructuring the payments, we knocked seven years off our mortgage and saved about 40,000 in interest'Restructuring mortgage repayments can significantly shorten loan duration.Solar panels can aid in reducing monthly electricity expenses.
'We knocked seven years off our mortgage and saved about 40,000 in interest - by just restructuring the payments'Restructuring mortgage repayments led to significant loan payoff acceleration for Deirdre O'Keeffe.
'By just restructuring the payments, we knocked seven years off our mortgage and saved about 40,000 in interest'Restructuring mortgage repayments can significantly shorten loan duration.Solar panels can aid in reducing monthly electricity expenses.
Amid financial turmoil, Northvolt sells its stake in battery recycling JV Hydrovolt to HydroNorthvolt sells remaining shares in Hydrovolt to Hydro amid financial difficulties, while continuing commercial partnership.
US no-frills pioneer Spirit Airlines files for bankruptcy protectionSpirit Airlines files for Chapter 11 bankruptcy, the first major US airline since 2011, citing losses and competitive pressures.
United CEO Thinks Spirit Will Liquidate Assets Following Bankruptcy - What That Could Mean for TravelersSpirit Airlines faces skepticism regarding its bankruptcy restructuring plans and the likelihood of its survival among industry leaders.
Northvolt, Europe's Hope for a Battery Champion, Files for BankruptcyNorthvolt has filed for bankruptcy protection, citing financial struggles and a need to restructure debt and operations.
Spirit Airlines to keep flying after filing for bankruptcy protectionSpirit Airlines filed for Chapter 11 bankruptcy protection but will continue normal operations and ticket validity during restructuring.
'The Container Store is here to stay,' vows CEO in Chapter 11 bankruptcy announcement, but will stores close?The Container Store has filed for Chapter 11 bankruptcy to strengthen its finances through recapitalization and restructuring.
Spirit Airlines is not going bankrupt . . . yetSpirit Airlines is not filing for bankruptcy currently but faces significant financial challenges and debt obligations.The airline's stock and operations are heavily impacted by a recent failed merger and ongoing debt crisis.
US no-frills pioneer Spirit Airlines files for bankruptcy protectionSpirit Airlines files for Chapter 11 bankruptcy, the first major US airline since 2011, citing losses and competitive pressures.
United CEO Thinks Spirit Will Liquidate Assets Following Bankruptcy - What That Could Mean for TravelersSpirit Airlines faces skepticism regarding its bankruptcy restructuring plans and the likelihood of its survival among industry leaders.
Northvolt, Europe's Hope for a Battery Champion, Files for BankruptcyNorthvolt has filed for bankruptcy protection, citing financial struggles and a need to restructure debt and operations.
Spirit Airlines to keep flying after filing for bankruptcy protectionSpirit Airlines filed for Chapter 11 bankruptcy protection but will continue normal operations and ticket validity during restructuring.
'The Container Store is here to stay,' vows CEO in Chapter 11 bankruptcy announcement, but will stores close?The Container Store has filed for Chapter 11 bankruptcy to strengthen its finances through recapitalization and restructuring.
Spirit Airlines is not going bankrupt . . . yetSpirit Airlines is not filing for bankruptcy currently but faces significant financial challenges and debt obligations.The airline's stock and operations are heavily impacted by a recent failed merger and ongoing debt crisis.
Cinema chain announces six UK branch closures - London Business News | Londonlovesbusiness.comCineworld is closing six more UK branches due to financial struggles, despite restructuring efforts aimed at achieving cost savings and job protection.
Poor performance at GM's China joint ventures leads to $5 billion charge for automakerGM is facing over $5 billion in asset write-downs and restructuring charges due to poor performance of its Chinese joint ventures.
Intel's annual median pay has been stagnant compared to peers like Nvidia and MicrosoftIntel's median employee pay increased by only 4% in five years, lagging behind competitors.
Blink Fitness, an affordable gym operator owned by Equinox, files for Chapter 11 bankruptcyBlink Fitness filed for Chapter 11 to aid in the business' sale but aims to continue operations with minimal disruption.
After bankruptcy court, Spirit sees future as a higher value airline 'for years to come'Spirit Airlines aims to deliver low-cost, high-quality service even while undergoing a financial overhaul in Chapter 11 bankruptcy.
LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locationsLL Flooring Holdings, Inc. is filing for Chapter 11 bankruptcy and closing 94 stores across 31 states.
Red Lobster files for bankruptcy but will stay openRed Lobster has filed for Chapter 11 bankruptcy, seeking to simplify the business, reduce locations, and pursue a sale of assets.
Blink Fitness, an affordable gym operator owned by Equinox, files for Chapter 11 bankruptcyBlink Fitness filed for Chapter 11 to aid in the business' sale but aims to continue operations with minimal disruption.
After bankruptcy court, Spirit sees future as a higher value airline 'for years to come'Spirit Airlines aims to deliver low-cost, high-quality service even while undergoing a financial overhaul in Chapter 11 bankruptcy.
LL Flooring is closing stores in bankruptcy: Full list and map of 94 doomed locationsLL Flooring Holdings, Inc. is filing for Chapter 11 bankruptcy and closing 94 stores across 31 states.
Red Lobster files for bankruptcy but will stay openRed Lobster has filed for Chapter 11 bankruptcy, seeking to simplify the business, reduce locations, and pursue a sale of assets.
Post Office faces backlash over potential closure of 115 branches as jobs and services are at riskPotential closure of 115 Crown Post Office branches threatens 1,000 jobs amidst efforts to achieve financial stability and address community reliance on these services.
Struggling N.Y. college to sell all or part of Manhattan campusMCNY is selling part or all of its Manhattan campus due to financial difficulties and underutilization.The college plans to defer a debt payment while restructuring its operations.
Tahoe developers narrowly avoid foreclosure on Waldorf Astoria projectEKN Development is progressing with transforming Tahoe Biltmore into Waldorf Astoria despite prior financial issues.
Audacy Completes Financial Restructuring - Podcaster NewsAudacy has successfully completed a major financial restructuring, reducing its debt by 80% and positioning itself as a leader in the audio industry.
Alaska Air gets credit rating knocked down to junk statusAlaska Air Group's credit rating downgraded to junk status, reflecting concerns over increased secured debt and reduced financial flexibility.Moody's highlights potential future downgrades as company transitions to secured debt.
Steelers 2024 Offseason Roster Rebuild Has Resulted In Cash Savings To DateThe Pittsburgh Steelers have made significant changes to their roster, particularly in the quarterback room with three new additions.The team has managed to reduce its projected cash spending for 2024 by over $6 million since early February, showcasing a surprising financial restructuring.