Young professionals and seasoned investors alike have been increasingly drawn to the promises of fractional real estate investing – the idea of owning pieces of high-value properties without the burdens of traditional real estate management. However, the recent bankruptcy of PeerStreet serves as a s
Iran is grappling with unprecedented economic and socio-political challenges as protests and strikes erupt across multiple sectors. The Iranian population is increasingly vocal about their grievances related to inflation, wage suppression, and state repression, painting a picture of widespread
In a bold move signaling a significant turnaround, KTM AG, Europe's largest motorcycle manufacturer, has narrowly escaped bankruptcy and asset liquidation. Facing potential insolvency due to accumulated debts of AUD 3.3 billion stemming from failed expansion efforts and economic downturns,
Lilium, a German electric aircraft manufacturer, is facing a critical juncture after its second bankruptcy filing. This setback highlights the significant financial and technical challenges the company faces in the burgeoning eVTOL industry. Despite substantial investments and a promising vision
Joann, a once-thriving crafts and fabrics retailer, is now grappling with its second bankruptcy filing, casting a shadow over its future. The company's decision to close 500 out of its 829 stores across the United States is a direct response to the mounting financial, economic, and industry
The growing trend of planned bankruptcies among retail chains in the Netherlands is causing a stir among industry stakeholders, raising questions about its ethical and financial implications. Planned bankruptcies, a restructuring strategy that allows companies to continue operating post-insolvency,