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Boeing buyouts Boeing was already struggling. But as coronavirus has hit the airline industry, the company has begun offering early retirement and buyout packages to its workforce, following many of its airline customers who have been forced to lay off or furlough large numbers of staff...

Remember WeWork? SoftBank Group has scrapped a deal to spend $3 billion to buy WeWork stock from former CEO Adam Neumann and other shareholders in the coworking space company, which it had agreed to as a bailout package following the company's botched IPO attempt. SoftBank said it was dropping...

First shale bankruptcy The shale sector has already seen its first major casualty of the coronavirus/price war double hit: Whiting Petroleum has filed for bankruptcy protection, the first large independent producer to do so. The company was facing a $262 million payment on a convertible bond...

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The Distinction between a Company and Its Stock Price By Chris Brightman April 2020 Read Time: 10 min Share Save We at Research Affiliates recently conducted our first virtual All Hands meeting after finding ourselves working from home in the wake of the COVID-19 crisis. As CIO, I responded to...

BANK CREDIT EXPOSURES: BUILDING THE MOSAIC ONE LOAN AT A TIME COMPANIES AND MARKETS By Sean Ryan | April 1, 2020 A bottom-up, loan-level analysis of banks’ commercial loan exposures offers some valuable insights into the riskiness of C&I loan portfolios, beyond what can be gleaned from top-down...

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https://sf.eater.com/2019/7/12/20692039/dean-and-deluca-grocery-store-st-helena-napa-valley-closed

Dean & DeLuca files for Chapter 11 bankruptcy protection By Lisa Fickenscher April 1, 2020 | 11:01am | Updated Enlarge Image Getty Images MORE ON: SUPERMARKETS Austria now requiring people to wear face masks in supermarkets How to handle groceries during coronavirus and other food safety...

Lockdown for a travel blogger You're a travel influencer—who suddenly can't travel. How do you survive? A diversified portfolio, says Instagram influencer Lindsay Silberman. In the Fortune series "The Coronavirus Economy", she talks about how she's turned to other areas of her business, from...

SEB Fund Put into Liquidation (Hedge Nordic) Stockholm (HedgeNordic) – SEB Alternative Fixed Income has been put into liquidation effective immediately following an extraordinary meeting of shareholders that took place on March 25. “The decision to liquidate is a consequence of the continued...

Billionaire Investor Steve Cohen: ‘After an Earthquake There are Tremors’ (Reuters) BOSTON, March 31 (Reuters) – Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recovered slightly from...

Jim Simons, founder of Renaissance Technologies.Getty Images By Thornton McEnery MORE ON: HEDGE FUNDS Coronavirus makes hedge fund rich list outdated Days after teary TV appearance, Bill Ackman nets $2.6B from bet against market Citadel's flagship fund turns a profit Ken Griffin's fund...

RISK WAITS FOR NO ONE COMPANIES AND MARKETS By Pat Reilly | March 31, 2020 Where Are We? Quite simply, we are in truly unprecedented—albeit, some would argue, not unforeseen—times in the modern age. A VIX close of 82.69 on Monday March 16th(a record), +24.86 from the prior close (another...

Litigation Finance Firms Are ‘Busier Than Ever,’ Insiders Say The industry was made for downturns, practitioners say, as corporations and law firms look to shore up cash for litigation. Alicia McElhaney March 30, 2020 Illustration by II The litigation finance industry is booming, insiders...

THAT’S NOT VERY DISTANT ‘Escape communities’ are the newest hideaways from the pandemic If you’re self-isolating inside a studio apartment and yearning for a getaway, some enterprising entrepreneurs may have a solution for you. The Information calls them “escape communities” -- small-group...

Private jets in the age of coronavirus For Fortune's series "The Coronavirus Economy", David Meyer spoke to the CEO of a British private-jet charter agent about how his job has changed. For one thing, rather than offering a luxury trip to a holiday, now "literally everything" the company is...

Lessons from 2008 The financial crisis of 2008 brought huge waves of high profile bankruptcies—and the fall-out from coronavirus could be even worse. Across the U.S., bankruptcy lawyers are preparing for an "onslaught", and with government bailouts only helping some businesses, a...

USPS Shut Down Coronavirus should have made the U.S. Postal Service more valuable than ever, bringing packages and mail to even the remotest parts of the country. But even before the virus hit, the service was facing a liquidity crisis that, without intervention, would have hit in 2021—and...

FBI Talks To Burr The FBI has contacted Sen. Richard Burr over his sale of as much as $1.7 million in stock shortly before the spread of coronavirus pushed markets over a cliff. Burr has denied wrongdoing but has also requested an ethics review of the stock sales. The North Carolina Republican...