Major auto parts maker First Brands Group, LLC. filed for bankruptcy protection over the weekend — revealing billions of mounting debt in the process. The auto parts manufacturing company filed for ...
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(Reuters) -U.S. auto parts maker First Brands filed for Chapter 11 bankruptcy protection on Monday, burdened by heavy debt from a flurry of acquisitions and stressed finances. First Brands has ...
Officials have issued a flash flood warning Saturday for portions of Los Angeles and Riverside counties, including areas impacted by the Bridge Fire burn scar. The National Weather Service is urging ...
First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto supplier’s use of opaque off-balance sheet financing. The Rochester ...
US auto parts maker First Brands filed for Chapter 11 bankruptcy, burdened by over $6 billion in debt from acquisitions, securing $1.1 billion in financing. This move, alongside affiliated ...
Tropical Depression Nine formed on Saturday afternoon. It is on the verge of becoming Tropical Storm Imelda as it crawls to the northwest at 5 mph. Hurricane hunters are investigating this system ...
TO. YOU ALSO HAVE THE WEATHER TO LOOK FORWARD TO THIS WEEKEND. STILL FEELS LIKE SUMMER. IT CERTAINLY DOES. YEAH WE’RE NOT GOING TO SHAKE THAT THIS WEEKEND. AND REALLY IF YOU HAVE A TV THAT IS OUT ON ...
Troubled auto part supplier First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it ...