bankrupt

Property developers must go bankrupt if needed

by

China’s real estate sector has employed many construction workers, who typically live in temporary housing nearby. Bloomberg | Bloomberg | Getty Images BEIJING — China’s struggling real estate developers won’t be getting a major bailout, Chinese authorities have indicated, warning that those who “harm the interests of the masses” will be punished. “For real estate … Read more

Bird may be bankrupt, but shared micromobility is doing just fine

by

On the surface, electric scooter pioneer Bird filing for bankruptcy would seem to be a nail in the coffin for shared micromobility — that nebulous term often used to describe rentable electric bikes and scooters in cities. After a number of mergers and some bad financial management, the OG scooter company is going belly up. … Read more

FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims

by

After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’ assets. But the government agency also announced on Thursday that it’s suing Voyager’s former CEO, Stephen Ehrlich, for falsely claiming that users’ accounts were FDIC insured. When a bank or financial service is FDIC insured, … Read more

Boston man information lawsuit in search of to bankrupt white supremacist group he says assaulted him

by

BOSTON (AP) — A Black instructor and musician who says members of a white nationalist hate group punched, kicked and beat him with metallic shields throughout a march by means of Boston final yr sued the group on Tuesday. Charles Murrell III, of Boston, was within the space of the Boston Public Library to play … Read more