Fitch: World Growth Forecasts Cut Sharply as US Starts Global Trade War: The new US administration has started a global trade war that will reduce US and world growth, push up US inflation and delay Federal Reserve rate cuts, Fitch Ratings believes
Founder of Sheertex Tights Maker Steps Down as Startup Looks for Lifeline: The founder of SRTX, the Canada-based maker of popular Sheertex tights told employees she would step down as the startup’s CEO, part of an effort to secure a much-needed funding deal, according to a person involved in the discussions
GameStop to close ‘significant number’ of stores, invest in bitcoin : The closures are on top of the company shuttering nearly 600 U.S. locations last year
Ex-DOJ Bankruptcy Director Appeals Trump Administration Firing: The fired head of the Justice Department’s bankruptcy watchdog program is seeking reinstatement, arguing her termination violated her constitutional and statutory due process rights, according to an administrative complaint.
San Francisco Archdiocese Sexual Abuse Data Ordered for Release: The San Francisco archdiocese lost a bankruptcy court battle to withhold board minutes and data revealing details about claims against priests named as sexual abuse perpetrators.
Yellow Strikes Tentative Plan with Creditors on Bankruptcy Exit: Yellow said it’s reached a consensus with nearly all of its largest unsecured creditors on a joint plan to wrap up the former trucking giant’s contentious bankruptcy, though it doesn’t yet have support from the company’s biggest shareholder.
