Bankruptcies – Page 3

Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.

The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.

By Tara Siegel Bernard

Bankruptcies Boots Retail USA Inc Drugs (Pharmaceuticals) Mergers, Acquisitions and Divestitures Private Equity Sycamore Partners Walgreen Co

Walgreens Will Sell to Private Equity Firm in $10 Billion Deal

Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.

By Danielle Kaye

Bankruptcies Finances Hudson (Ohio) Jo-Ann Stores Mergers, Acquisitions and Divestitures Shopping and Retail

Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores

The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.

By Sara Ruberg

Bankruptcies China China Health Holding Communist Party of China Coronavirus (2019-nCoV) Finances Health Insurance and Managed Care Hospitals Politics and Government

Chinese Hospital Bankruptcies Soar Amid Financial Strains

Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.

By Claire Fu Daisuke Wakabayashi and Keith Bradsher