RapidRatings News

Stay up-to-date on RapidRatings news to learn about the latest in business, supply chain, and risk management. Hear our experts' thoughts and predictions on current events, powered by our financial health analytics.

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News

45,000 Dockworkers on Strike at 36 Ports. What's Next?

Stranded cargo, rerouting challenges and cost escalations are just some of the immediate effects of the port strikes. Now that they're in effect, what's next for global supply chains?

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Union opposition to U.S. Steel sale reflects years of bad relations

Mistrust between the United Steelworkers union chief and the CEO of U.S. Steel has overshadowed the troubled deal with Nippon Steel.

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Tupperware files for bankruptcy as its colorful containers lose relevance

Sept 18 (Reuters) - Tupperware Brands (TUP.N), opens new tab filed for bankruptcy protection in Delaware late on Tuesday.

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Conn’s HomePlus Begins Wind-Down of All its 550 Namesake and Badcock Stores

Liquidation was a possible outcome of Conn's bankruptcy filing, according to James Gellert, executive chairman of RapidRatings, a financial data analytics company.

Press Release

Founder and First CEO of RapidRatings Dr. Patrick Caragata Announces Retirement

Dr. Patrick Caragata, the founder and first CEO of RapidRatings, the world’s premier software-based corporate ratings provider, has announced his retirement from the firm.

News

Struggling retail chain faces default, Chapter 11 bankruptcy risk

A national discount retail chain has warned that it may not have the cash needed to remain in business and a key analyst agrees.

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Not all investors will profit from meme trade, expert warns

GameStop (GME) stock has reignited a frenzy on Wall Street on the first trading day of June, as the meme trader "Roaring Kitty" took to social media revealing a $175 million position in the company.

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Smaller Private Credit Borrowers Drowning as Rates Stay High

Inflation and high interest rates have continued to take their toll on private companies that have seen their profits shrink and debt costs soar, according to a report by RapidRatings and MarbleGate.

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US corporate bankruptcies are trending up. Here's why.

April's US corporate bankruptcies reached a concerning milestone, hitting the highest monthly level in a year.

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Popular retail store chain faces a bleak future

The past year has been bleak for retail chains that struggled during the covid pandemic.

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