Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
Forever 21 is seeking rent concessions as it struggles to compete with savvier upstarts and manage its store portfolio. Source
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Bankruptcy Figures
WeWork emerges from bankruptcy, announces John Santora as new CEO
WeWork, once valued at $47 billion by private investors, emerged from bankruptcy on Tuesday with a new CEO from Cushman
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FTX says most customers of the bankrupt crypto exchange will get all their money back
FTX estimates that it owes creditors around $11.2 billion. FTX said it has between $14.5 billion and $16.3 billion to
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SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar
SoftBank Group shares jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth $7.59 billion. Source
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Bankman-Fried was very concerned about his image, including his big hair, ex-girlfriend Ellison testifies
In her second day on the stand, Caroline Ellison told jurors that Sam Bankman-Fried wanted her to hide FTX customer
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This couple built a $40 million ice cream company, then ‘lost everything’—how they’re rebuilding
Ample Hills Creamery was once worth $40 million. Here's how its founders built one of America's most popular ice cream
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Bed Bath & Beyond vows it can pull off a sale – here’s what that means for shareholders
Bed Bath & Beyond is looking for a buyer willing to purchase the business to avoid outright liquidation, but either
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China’s banking troubles are not the same as Silicon Valley Bank, economist says
China's small banks' problems reflect local issues, but do not pose systemic risks, said Zhu Min of the China Center
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