Newsroom | RapidRatings

News

March 10, 2024

Major airline faces Chapter 11 bankruptcy concerns

Creditors of the airline are bracing for the worst as over $1 billion in debt looms.

News

March 6, 2024

Beloved retailer nears Chapter 11 bankruptcy filing, store closures

The brand, which has a devoted following, appears set to file, according to two leading services that track companies' financial health.

News

March 4, 2024

Smaller suppliers’ finances have deteriorated since pre-pandemic

Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis.

News

February 15, 2024

Struggling Express awaits CARES Act receivable payments

Express is waiting on $52 million in CARES Act payments to shore up short-term liquidity, says a source familiar with the situation.

News

February 14, 2024

11 digitally native retailers that could file for bankruptcy in 2024

While off to a slower start than 2023, filings are expected to continue in the industry, especially among many direct-to-consumer brands.

News

February 13, 2024

Popular clothing retailer faces Chapter 11 bankruptcy, cash crisis

The company has shared that it's reviewing its options when it comes to continued operations.

News

February 2, 2024

BP makes interim CFO permanent

With Kate Thomson, the London-based oil giant holds a spot in the still relatively rarefied ranks of major companies with women in the top finance role.

News

January 30, 2024

Another national retailer faces Chapter 11 bankruptcy, default

A key ratings service has warned of a 'high default risk' and has warned customers to mitigate their exposure.

News

January 17, 2024

‘It’s a tough industry out there’: A look at the furniture supply chain’s challenging year

Operational headaches have contributed to financial failures among some suppliers. That has created problems for retailers — and opportunities.

News

January 16, 2024

The Middle-Market Rip Current That Might Spoil the Economic Bliss of 2024

Even if the Fed lowers its benchmark interest rate, more medium-sized private companies will face dire financial straits this year, according to new research.