Houlihan’s Restaurants Inc. filed for Chapter 11 bankruptcy protection on Thursday. The company said it has entered into an asset purchase agreement with rival Landry’s to acquire substantially all of its assets. The deal with Landry’s is subject to “higher or better offers.” Through the bankruptcy
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The U.K. government has been forced to step in and demand that banks lend to small businesses after a financial lifeboat struggled to deliver intended emergency funds, sparking fears that one in five small businesses might collapse. Last month Chancellor Rishi Sunak had offered to cover 80% of the r
Tesla produced 102,672 vehicles in the first quarter of 2020 and delivered 88,400 vehicles to customers, the company announced to investors on Thursday. While the delivery number is down from the ...
International Business Times
Crude oil futures have surged more than 20% More than 6.6 million Americans filed for unemployment insurance last week More than 990,000 coronavirus cases have been reported globally. U.S. stocks rose in volatile trading on hopes that the oil price war between Russia and Saudi Arabia will soon end,