Thousands of customers lost service on Thursday when the telecommunications company ran into problems while trying to expand its network, the company’s chief executive said.
Category: Shutdowns (Institutional)
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Maui Economy, 6 Months After Wildfire, Is Still Reeling
Six months after the Maui wildfire, hundreds of businesses remain closed, and questions linger about how much a local economy should rely on tourism.
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The Eugene Weekly Will Resume Printing After Embezzlement Discovery
The Eugene Weekly was forced to lay off all 10 of its staff members last month after it discovered tens of thousands of dollars in unpaid bills.
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Met Opera Taps Its Endowment Again to Weather Downturn
The company has withdrawn nearly $40 million in additional funds from its endowment to cover expenses, but sees signs it may be emerging from its post-pandemic woes.
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California Has Dealt a Blow to Renewable Energy, Some Businesses Say
Some companies are leaving the state or reducing their presence there after California greatly reduced incentives for homeowners to install rooftop solar panels.
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The Eugene Weekly Halts Publication After Employee’s Embezzlement
The Eugene Weekly had to lay off its entire 10-person staff after it uncovered years of theft by an employee, the editor said.
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SmileDirectClub Shuts Down, Months After Filing for Bankruptcy
The telehealth company, which sold teeth alignment devices to two million customers, was unprofitable and had been criticized by medical groups.
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Yellow Rejects a Bid to Restart Trucking Company
In a letter, Yellow’s management said an effort to buy the company and revive its operations by an executive from a different trucking firm was “not viable.”
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From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money
After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.
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Jezebel to Be Resurrected by Paste Magazine
The pioneering feminist website is being sold to Paste by G/O Media, which had shut down the site this month.
