A group of creditors, which includes Fortress Investment Group, Soros Fund Management, and Monroe Capital, had made a conditional bid for “substantially all of the company’s assets,” Vice said.
bankruptcy
"Last 3 months were extremely tough as had to save Twitter from bankruptcy while fulfilling essential Tesla & SpaceX duties. Wouldn’t wish that pain on anyone"
John J. Ray III will take over as chief executive, while Bankman-Fried will assist during the transition
The US to be hit hardest
The survey estimates that losses of hotel turnover in 2020 will amount to 1.2 billion euros for year-round hotels and 3.26 billion for seasonal hotels
"We run the risk of depleting our backup liquidity reserves by the end of the month"
Unemployment and inflation have hit double digits while rising prices, especially at the vegetable markets, have become a national obsession
The plan was to set up a permanent outpost on Mars with volunteers willing to leave Earth on a one-way mission with no hope of return
Gun 'n' Roses, Black Sabbath, AC/DC, The Beatles and many more have made their careers playing with Gibson guitars
Remington and other gunmakers have suffered from slumping sales in the past year as fears of stricter gun laws have faded
