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Posted on: May 15, 2020, 3:31 p.m.
The economic uncertainty driven by the Covid-19 pandemic has pushed struggling companies over the edge into bankruptcy proceedings. : Stay-at-home orders forced many nonessential businesses to close and weakened demand for all types of goods and services overnight. During the past eight weeks, 36.5 million people have filed for jobless benefits. The slowdown has hit some industries harder than others. The number of bankruptcy filings has risen sharply, with little revenue coming in, according to data from the American Bankruptcy ... Full investment news articleRelevent to this post: Ares Management LLC State Administration of Foreign Exchange,