Cosmetics giant Revlon files for bankruptcy, shares plunge
In its bankruptcy filing, Revlon said supply chain disruptions prompted intense competition for ingredients used to make its products.
Source: timeslive.co.za
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Revlon Files For Bankruptcy Protection Amid Heavy Debt Load
The 90-year-old beauty company is weighed down by a heavy debt load, disruptions to its supply chain network and surging costs.
Source: huffpost.com
Total April Bankruptcy Filings Decrease 21 Percent Over the Same Period Last Year
NEW YORK – May 4, 2022 — Total U.S. bankruptcy filings in April 2022 decreased 21 percent from the previous year, according to data provided by Epiq Bankruptcy , the leading provider of U.S. bankruptcy filing data. Bankruptcy filings totaled 32,508 in April 2022, down from the April 2021 total of 40,931.
Source: pressreleasepoint.com
Alex Jones Denies Bankruptcy as InfoWars Host Fights Defamation Lawsuits
The far-right commentator has to pay family members of the Sandy Hook school shooting victims compensation for falsely claiming the attack was a hoax.
Source: newsweek.com
Boy Scouts Reach Tentative Deal With Official Sex Abuse Claimants
The proposed compensation fund would pay out $2.6 billion to more than 80,000 men who say they were molested as children by Scout leaders and others.
Source: huffpost.com