Distressed-debt manager Invictus lost control of its flagship fund after investors ousted it for business tactics they deemed too aggressive, including during a chapter 11 bankruptcy.
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New Chapter 11 Bankruptcy Filings -- Week Ending Nov. 26, 2023
A list of some new chapter 11 bankruptcy filings made during the last week.Nov. 27, 2023 - online.wsj.com - WSJ.com: World News -
New Chapter 11 Bankruptcy Filings -- Week Ending Nov. 19, 2023
A list of some new chapter 11 bankruptcy filings made during the last week.Nov. 20, 2023 - online.wsj.com - WSJ.com: World News -
New Jersey Picks Up Another Big Bankruptcy Case With WeWork Chapter 11
WeWork’s chapter 11 filing last week marked at least the seventh large bankruptcy filed in New Jersey since last November, signaling the Garden State’s increasing popularity as a destination for companies seeking to restructure their debt.Nov. 16, 2023 - online.wsj.com - WSJ.com: World News -
New Chapter 11 Bankruptcy Filings -- Week Ending Nov. 12, 2023
A list of some new chapter 11 bankruptcy filings made during the last week.Nov. 13, 2023 - online.wsj.com - WSJ.com: World News -
New Chapter 11 Bankruptcy Filings -- Week Ending Nov. 5, 2023
A list of some new chapter 11 bankruptcy filings made during the last week.Nov. 6, 2023 - online.wsj.com - WSJ.com: World News -
Genesis Global filed a lawsuit to recover about $689.3 million worth of digital assets that a former business partner withdrew from the cryptocurrency lender before it filed for chapter 11 bankruptcy protection.
Genesis Global filed a lawsuit to recover about $689.3 million worth of digital assets that a former business partner withdrew from the cryptocurrency lender before it filed for chapter 11 bankruptcy protection.Nov. 24, 2023 - online.wsj.com - WSJ.com: World News -
'It's got out of control' - Man Utd lose again as VAR chaos continues
Seven goals, two penalties and a "game-changing" red card - VAR dominates again as Manchester United lose in Copenhagen.Nov. 9, 2023 - bbc.co.uk - BBC News - Home -
From style to tactics, what USWNT can expect from Emma Hayes as manager
A winning manager on the pitch with Chelsea, Emma Hayes has been a constant force for positive change within the sport. Here's what she brings to the USWNT as their new coach.Nov. 7, 2023 - espn.com - www.espn.com - TOP -
WeWork Chapter 11 a meme stock reality check: ‘No one should ever buy a stock that is rumored to be headed to bankruptcy’
Some investors have an attraction for bankrupt companiesNov. 7, 2023 - marketwatch.com - MarketWatch.com - Top Stories -
Missiles fired toward US Navy warship during distress response in Middle East, officials say
Two ballistic missiles were fired from Houthi-controlled parts of Yemen in the direction of a U.S. Navy warship as it responded to a distress call from a commercial tanker in the Gulf of Aden, the Pentagon said late Sunday. The USS Mason, along ...Nov. 27, 2023 - thehill.com - Just In News | The Hill -
Terry Smith’s pay drops to £31mn as flagship fund underperforms
Annual profits at the UK stockpicker’s Fundsmith drop to £50mnNov. 14, 2023 - ft.com - UK homepage -
Cathie Wood’s flagship ARK fund buys Trade Desk for the first time after profit warning
A recent rout in shares of Trade Desk has drawn some buyers from the woodwork, specifically Cathie Wood's flagship ARK Innovation Fund that has dropped money on the ad-technology group for the first time.Nov. 13, 2023 - marketwatch.com - MarketWatch.com - Top Stories -
5 Key Beginning Stage Business Tactics That Can Inhibit Scaling
Long-term leadership in business requires that you be able to adapt as the business matures.Nov. 23, 2023 - inc.com - Inc.com -
Detained, missing or under investigation: Business leaders in China face an ‘aggressive’ crackdown
Nov. 10, 2023 - yahoo.com - Yahoo News - Latest News & Headlines - China -
More student loan borrowers are walking away from their debt in bankruptcy, Biden administration says
More people with federal student loans have been able to walk away from their debt in bankruptcy due to a Biden administration policy change.Nov. 16, 2023 - cnbc.com - US Top News and Analysis - Joe Biden -
SoftBank paid $1.5bn to WeWork lenders including Goldman days before bankruptcy
Japanese conglomerate has committed more than $16bn since initial investment in 2017Nov. 8, 2023 - ft.com - UK homepage -
Nevada judge tosses teachers union-backed petition to put A's stadium funding on 2024 ballot
A Nevada judge threw out a proposed ballot referendum backed by a statewide teachers union that would give voters the final say on whether to give $380 million in public funding for a proposed $1.5 billion Oakland A’s stadium on the Las Vegas StripNov. 7, 2023 - abcnews.go.com - ABC News: Sports -
WeWork files for bankruptcy after grappling with $2.9bn in long-term debt
Company once valued at $47bn never recovered from 2019 ouster of founder Adam Neumann and remote work revolution. WeWork filed for chapter 11 bankruptcy on Monday in New Jersey, according to a statement from the company.. The beleaguered company, ...Nov. 7, 2023 - theguardian.com - The Guardian -
AI boss Sam Altman ousted after board loses confidence
ChatGPT-maker OpenAI says it "no longer had confidence" in his ability to lead.Nov. 18, 2023 - bbc.co.uk - BBC News - Home - Artificial Intelligence -
Controlling debt is just a means — it is not a government’s end
An excessively narrow focus on deficits can lead to bad decisionsNov. 13, 2023 - ft.com - World -
Veteran investor Mark Mobius to step back from eponymous asset manager
Emerging markets specialist brings 40-year career to an endNov. 10, 2023 - ft.com - UK homepage -
Russia now controls 18 percent of Ukraine, including Crimea and parts of eastern Ukraine
For comparison, 18% of the U.S. would be about the size of Alaska.Nov. 5, 2023 - nbcnews.com - NBC News Politics - Ukraine -
US asset managers launch new round of job cuts as investors seek safety
Charles Schwab, Prudential and Invesco announce cost controls as industry turns cautious after 2021 hiring spreeNov. 5, 2023 - ft.com - UK homepage -
Maverick Carter, business manager of LeBron James, used illegal bookie to bet on games, per report
Carter admitted to a federal agent in 2021 that he bet with former Minor League baseball player Wayne NixDec. 1, 2023 - cbssports.com - CBSSports.com Headlines -
Investors pour cash into US corporate debt in bet Fed rates have peaked
Inflows into corporate bond funds on track for highest total since July 2020Nov. 22, 2023 - ft.com - UK homepage - Federal Reserve