Online automotive retailer Carvana is rapidly burning through cash and sought out private equity financing as banks were unwilling to carry the risk. Before you extend credit, you may want to pump the brakes.
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Chesapeake Energy Corporation is the latest heavily indebted oil and gas business to seek bankruptcy protection since the coronavirus pandemic crippled demand for energy.
Scandinavian airliner SAS AB has been grounded by bankruptcy, toiling for many months on a tightrope due to massive debt and a global COVID-19 pandemic which cut deep into their revenue in recent years.
As a creditor, you're going to want to carefully review our High Risk Report on casino operator Full House Resorts, Inc. Doing business with this company would certainly be a roll of the dice.
Midwestern coal leader Peabody Energy Corporation is feeling the headwinds of a political and economically progressive shift towards cleaner energy sources like wind, solar, and natural gas. The debt pressure Peabody Energy is under won't produce diamonds, but it may lead to bankruptcy.
American freight transporter Yellow Corporation has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
Textile manufacturer Pan Brothers Tbk PT unsuccessfully relied on a strategy of using short-term working-capital facilities to cover its long cash-conversion cycle, leading to eventual bankruptcy.