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canada
Ontario court approves Laurentian University’s restructuring plan
Aerial drone photos of the R.D. Parker Building at Laurentian University in Sudbury, Ont. are taken on Sept 12, 2022. Fred Lum/The Globe and Mail.
international business
Celsius Network files for permission to sell its stablecoin holdings
FILE PHOTO: Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
report on business
Cannabis retailer Superette granted court protection from creditors
The exterior of Superette’s Rosedale storefront location in Toronto, is photographed on Saturday, February 19, 2022. Christopher Katsarov/The Globe and Mail)
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Head of state-run Ukrainian energy company Naftogaz prepared to step down if it would facilitate debt deal
Yury Vitrenko, CEO of Ukraine's state-owned Naftogaz in his office in Kyiv, Ukraine. 28 Jun 2022 Anton Skyba The Globe and Mail
world
Bankrupt Infowars parent company will face second Sandy Hook defamation trial
FILE PHOTO: Alex Jones attempts to answer questions about his emails asked by Mark Bankston, lawyer for Neil Heslin and Scarlett Lewis, during trial at the Travis County Courthouse, Austin, Texas, U.S., August 3, 2022. Briana Sanchez/Pool via REUTERS/File Photo
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Celsius crypto lender, now bankrupt, sues ex-money manager over alleged theft
FILE PHOTO: Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
european business
Cineworld’s possible bankruptcy puts cinema industry under the spotlight
FILE PHOTO: A Cineworld cinema near Manchester, Britain, October 4, 2020. REUTERS/Phil Noble
european business
Britain’s Cineworld preparing to file for bankruptcy: report
FILE PHOTO: People walk past a Cineworld in Leicester's Square, amid the coronavirus disease (COVID-19) outbreak in London, Britain, October 4, 2020. REUTERS/Henry Nicholls
investment ideas
They lost crypto in the crash. They’re trying to get it back
Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13.
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Morgan Stanley makes big bet on meme-stock Revlon
Revlon products are seen for sale in a store in Manhattan on June 29.
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Scandinavian airline SAS secures $700 million financing to aid restructuring
FILE PHOTO: SAS aircraft is parked on the ground during a pilot strike at Copenhagen Airport, Denmark July 18, 2022. Ritzau Scanpix/Liselotte Sabroe via REUTERS
u.s. business
Johnson & Johnson to end global sales of talc-based baby powder
FILE PHOTO: A worker closes a glass cabinet of Johnson & Johnson baby powder bottles at a medical store in Kolkata, India, December 20, 2018. REUTERS/Rupak De Chowdhuri/File Photo
world
Sandy Hook parents seek to stop InfoWars bankruptcy payments to Alex Jones
FILE PHOTO: Alex Jones attempts to answer questions about his emails asked by Mark Bankston, lawyer for Neil Heslin and Scarlett Lewis, during trial at the Travis County Courthouse, Austin, Texas, U.S., August 3, 2022. Briana Sanchez/Pool via REUTERS/File Photo
world
U.S. judge rejects Boy Scouts’ $2.7-billion sex abuse deal
FILE PHOTO: The Boy Scouts of America signage is pictured at its headquarters in Irving, Texas, February 5, 2013. REUTERS/Tim Sharp/File Photo
world
Conspiracy website InfoWars parent files for bankruptcy
Alex Jones arrives at the Travis County Courthouse in Austin, Texas, Tuesday, July 26, 2022, with a piece of tape over his mouth that reads "save the 1st." He shook hands with his lawyer, Andino Reynal. An attorney for the parents of one of the children who were killed in the Sandy Hook Elementary School shooting told jurors that Jones repeatedly “lied and attacked the parents of murdered children” when he told his Infowars audience that the 2012 attack was a hoax. Attorney Mark Bankston said during his opening statement to determine damages against Jones that Jones created a “massive campaign of lies” and recruited “wild extremists from the fringes of the internet ... who were as cruel as Mr. Jones wanted them to be" to the victims' families. Jones later blasted the case, calling it a “show trial” and an assault on the First Amendment. (Briana Sanchez/Austin American-Statesman via AP, Pool)
international business
Clients of crypto lender Celsius face long wait over fate of their funds
FILE PHOTO: Celsius logo and representation of cryptocurrencies are seen in this illustration taken, July 7, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
u.s. business
U.S. FDIC probes crypto lender Voyager marketing for deposit accounts
Voyager Digital logo and decreasing stock graph are seen in this illustration taken, July 7, 2022. REUTERS/Dado Ruvic/Illustrations
u.s. business
U.S. crypto lender Voyager Digital files for bankruptcy
SAN ANSELMO, CALIFORNIA - JULY 01: In this photo illustration, the Voyager Digital app is visible on an iPhone screen on July 01, 2022 in San Anselmo, California. Voyager Digital, a digital asset brokerage, announced through a statement that the company has paused all account activity, including customer trading, deposits and withdrawals. The announcement comes at a time where defaults and margin calls are being seen across the crypto sector as a broad market selloff of cryptocurrency continues. (Photo illustration by Justin Sullivan/Getty Images)
u.s. business
Scandinavian airline SAS clashes with striking pilots over U.S. bankruptcy filing
President and CEO of SAS Anko van der Werff (L) and Chairman of the Board of SAS Carsten Dilling address a press conference announcing that they will apply for bankruptcy protection in the United States, a so-called Chapter 11 procedure, in Stockholm, Sweden, on July 5, 2022. - Faced with financial difficulties and a massive pilot strike, Scandinavian airline SAS said on July 5 it has filed for so-called Chapter 11 bankruptcy proceedings in the United States, as a part of a restructuring plan. In the US, Chapter 11 is a mechanism allowing a company to restructure its debts under court supervision while continuing to operate. (Photo by Lars SCHRODER / TT News Agency / AFP) / Sweden OUT (Photo by LARS SCHRODER/TT News Agency/AFP via Getty Images)
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Meme stock investors place risky bet on bankrupt Revlon being the next Hertz
Revlon beauty products are seen in a Target store on June 16 in Houston.