Bankruptcy & Restructuring News Headlines for Monday Oct 10, 2022

Here's what we are reading this morning:

US employers kept hiring solidly in September, adding 263,000 jobs despite surging interest rates driven by Fed | AP News: US employers kept hiring solidly in September, adding 263,000 jobs despite surging interest rates driven by Fed.

September Jobs Report Shows Payrolls Grew by 263,000, Labor Market Cooled Some - WSJ: U.S. employers added 263,000 jobs in September as a tight labor market gradually loosens. The jobless rate fell to 3.5%.

Juul Adds Two Restructuring Experts to Its Board - WSJ: Privately owned businesses frequently appoint independent directors as they near bankruptcy; such directors can carry significant sway in bankruptcy court, where they are often called upon as neutral experts.

What Friday's jobs report means for Fed's inflation fight | AP News: For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century low and average pay rose.

How California’s Bullet Train Went Off the Rails - The New York Times: America’s first experiment with high-speed rail has become a multi-billion-dollar nightmare. Political compromises created a project so expensive that almost no one knows how it can be built as originally envisioned.





Older Post Newer Post