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Ripple Glass Keeps Operating as Parent Company Files for Chapter 11 Protection

Kansas City-based recycler Ripple Glass continues to operate while parent company Strategic Materials Inc. works to restructure $432 million of debt in bankruptcy court, the Kansas City Business

Party City Balloon Supplier Exits Bankruptcy

Anagram, Party City’s metallic-balloon supplier, has emerged from bankruptcy, following a sale of the business to the company’s bondholders, WSJ Pro Bankruptcy reported. Eden Prairie, Minn.-based

Job Openings Stay Close to Lowest Level Since 2021

The number of open jobs in the economy stayed pretty flat in November, near a 2 1/2-year low reached in October and consistent with a broader downward trend in the number of available jobs, The Hill

U.S. Factory Gauge Shows 14th Month of Shrinking Activity

A measure of U.S. factory activity remained stuck in contraction territory for a 14th month at the end of 2023, restrained by weaker orders, Bloomberg News reported. The Institute for Supply

Berkshire Utility Sells Blue-Chip Bonds to Pay Wildfire Claims

Berkshire Hathaway Energy Co.’s PacifiCorp is selling US investment-grade bonds to help fund settlement claims related to wildfires in Oregon, Bloomberg News reported. The electric utility is issuing

Fed ‘Likely’ Done with Rate Hikes, Concerned with ‘Uncertainty’: Minutes

Members of a key Federal Reserve committee forecasted rate cuts in 2024 but noted “an unusually elevated degree of uncertainty” as it weighs its next move, according to new minutes from its December

California Friars File for Bankruptcy in Wake of Sex Abuse Lawsuits

The Franciscan Friars of California, a Roman Catholic organization devoted to serving the poor, has filed for bankruptcy after facing nearly 100 lawsuits related to decades-old sex abuse claims

Radio Broadcaster Audacy Prepares to File Bankruptcy Within Weeks

Audacy is preparing to file for bankruptcy within weeks after declining advertising revenue made the radio network unable to service its nearly $2 billion debt load, WSJ Pro Bankruptcy reported

​​Troubled New York CCRC Set to Change Hands After Bankruptcy

A continuing care retirement community (CCRC) with a history of financial woes is slated to change hands, with senior living company LCS poised to buy it, SeniorHousingNews.com reported. The community

Former Bankruptcy Judge Moves to Stop Lawsuit That Led to His Resignation

Former Houston bankruptcy judge David Jones has asked a federal court to toss a lawsuit that revealed his romantic relationship with a bankruptcy attorney and ultimately led to his resignation, saying