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U.S. Retailers' Financial Losses Jump as Retail Crime Escalates - NRF

Organized crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail Federation (NRF)

Ebix Chief Gets $1.8 Million Bonus As Bank Loan Comes Due

Ebix Inc. Chief Executive Officer Robin Raina received a $1.8 million bonus last week, even as a Sept. 30 deadline looms for the company to repay a loan of more than $600 million to a syndicate of US

Coinbase Role in Crypto Firm Celsius’s Bankruptcy Plan Questioned by SEC

The U.S. Securities and Exchange Commission said it has concerns about Coinbase Global Inc.’s proposed involvement in Celsius Network’s plan to emerge from bankruptcy, Bloomberg News reported. Under

Instant Pot and Pyrex Maker Instant Brands Draws Interest From Citadel, Centre Lane

Instant Brands, the Illinois-based bankrupt maker of the Instant Pot pressure cooker and Pyrex glassware, has drawn interest for different parts of its business from parties including Centre Lane

Wichita Company Pioneer Balloon Files for Chapter 11 Bankruptcy

Wichita-based Pioneer Balloon Co. filed chapter 11 protection on Friday in U.S. Bankruptcy Court for Kansas, the Wichita Business Journal reported. The 106-year-old company filed under the corporate

Furniture-Maker Noble House Files for Bankruptcy, Owes Overseas Suppliers Millions

Noble House Home Furnishings joined the ranks of furniture suppliers to file for bankruptcy earlier this month, with the company blaming cost inflation and past supply chain disruptions, among other

Americans Finally Start to Feel the Sting From the Fed’s Rate Hikes

Rising interest rates are hitting Americans’ finances. Consumers in the market for loans to buy homes and cars are discovering that, because of the Federal Reserve’s rate increases, their money gets

Burford Seeks to Begin Collecting $16 Billion Argentina Judgment

Burford Capital said it would be seeking court permission to begin attaching Argentine assets within weeks to satisfy a $16 billion judgment, saying it was clear that the South American nation had “no

Commercial Real Estate’s Next Big Headache: Spiraling Insurance Costs

Commercial property owners, already struggling with high interest rates and rising vacancies, face exploding insurance costs that keep hitting new highs, the Wall Street Journal reported. Natural

Analysis: Even a Booming Economy Can’t Save Atlanta’s Office Market

Atlanta has been one of the Sunbelt’s biggest boomtowns, where the population and job market are growing fast. But you would never know that from its slumping office market, the Wall Street Journal