Tag: Financial distress

Hollywood Studios' WGA Strike cripples writers as negotiations stall. AMPTP's delay tactics leave writers in financial distress. Updates on ongoing strike and uncertain future negotiations.

Warning issued by Federal Reserve economists about potential severe economic shockwave in US economy. High share of distressed non-financial companies raises concerns. Monitor situation and take necessary measures to safeguard economy.

Johnson & Johnson denied bankruptcy deal by New Jersey court, prolonging talc litigation. Will ad hoc litigation reform be necessary? Find out now.

Indian Civil Aviation Minister Jyotiraditya Scindia recently met with the Airlines Advisory Group to address the issue of surging airfares, particularly on certain routes following Go First's insolvency. The government is actively monitoring fares, with complaints escalating; some tourist routes are reportedly charging INR50k return. Scindia called for airlines to self-regulate pricing and urged them to control any future surge in ticket prices, particularly to regions affected by recent train accidents, emphasizing the need for fair pricing for customers during these difficult times.