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News
September 18, 2024
Tupperware files for bankruptcy as its colorful containers lose relevance
Sept 18 (Reuters) - Tupperware Brands (TUP.N), opens new tab filed for bankruptcy protection in Delaware late on Tuesday.
Conn’s HomePlus Begins Wind-Down of All its 550 Namesake and Badcock Stores
Liquidation was a possible outcome of Conn's bankruptcy filing, according to James Gellert, executive chairman of RapidRatings, a financial data analytics company.
Founder and First CEO of RapidRatings Dr. Patrick Caragata Announces Retirement
Dr. Patrick Caragata, the founder and first CEO of RapidRatings, the world’s premier software-based corporate ratings provider, has announced his retirement from the firm.
Not all investors will profit from meme trade, expert warns
GameStop (GME) stock has reignited a frenzy on Wall Street on the first trading day of June, as the meme trader "Roaring Kitty" took to social media revealing a $175 million position in the company.
Smaller Private Credit Borrowers Drowning as Rates Stay High
Inflation and high interest rates have continued to take their toll on private companies that have seen their profits shrink and debt costs soar, according to a report by RapidRatings and MarbleGate.
Another Huge Mall Retailer Nearing Bankruptcy, Fate Of 500 Stores Unknown
If you've walked into a mall recently, you've probably noticed things inside have changed over the past few years. There are likely many more empty spaces where stores used to be.
