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5 days ago · Over the past eight years, famed vehicle designer Henrik Fisker suggested his electric vehicle startup would deliver on all of these promises. Instead, Fisker Inc. is on the brink of bankruptcy after having delivered just a few thousand electric Ocean SUVs. As the company grasps for an improbable rescue, employees who spoke to TechCrunch say the blame largely rests on the shoulders of two ...
1 day ago · By incorporating the help of Magna, Fisker would be hands-off when it came to production, insisting that the contract manufacturer would make a high-quality product that would rarely need spare ...
2 days ago · Once proud, Pimlico is now a shell of its heyday self, caught in the vortex of the Magna Entertainment Corporation Chapter 11 bankruptcy. The litigation threatens to swallow up Magna's racetrack properties across the country, and perhaps even the Preakness.
6 hours ago · A few weeks prior to its bankruptcy, it abruptly closed around 50 locations across the United States. The new list of locations in danger of closing was revealed in court filings last week, and ...
19 hours ago · Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
19 hours ago · Published: Jun. 06, 2024, 3:22 p.m. American restaurant chain Red Lobster has proposed closing dozens of restaurant locations across the U.S. just weeks after filing for Chapter 11 bankruptcy ...
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1 day ago · The latest price target for Magna International ( NYSE: MGA) was reported by Morgan Stanley on Friday, May 10, 2024. The analyst firm set a price target for 60.00 expecting MGA to rise to within...
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