UK start-up 9fin raises fresh capital for race in credit markets data: Founder of London-based company predicts winning research company could generate $1bn a year in revenue
Winners and losers of Black Friday 2024 | Retail Dive: In general, it looks like this year’s e-commerce boost came at the expense of brick-and-mortar stores. ... Overall, store traffic on Black Friday was down 3.2%, with footfall down 7% in the Midwest, 2.1% in the Northeast, 3.5% in the South and 3.2% in the West, according to data from RetailNext.
Cornell Capital Founder Rebuts Instant Brands Trustee’s Claims - WSJ: Henry Cornell denies allegations that his firm concealed information from lenders before the Instant Pot maker’s bankruptcy, in a letter to employees
GM to Exit Michigan EV Battery Plant: Plans for the $2.6 billion facility, sprawling over about 30 football fields in Lansing, Mich., were disclosed in 2022, when the Detroit automaker had designs on producing one million EVs by 2025. The automaker has since shelved that target because of slower-than-expected demand for fully electric vehicles
Stoli Brand Vodka’s US Arm Files Chapter 11 Bankruptcy - Bloomberg: The US arm of Stoli Group, the owner of Stoli brand vodka and Kentucky Owl bourbon, has filed bankruptcy.
