How Donald Trump bluffed his way out of bankruptcy in the 90s
Hype chief executive Donald Trump inflated his net worth to narrowly escape bankruptcy in 1990, according to sources and financial records obtained by The Post. People who have worked with him before Talks about his current $250 million civil fraud trial Apparently if he does the same thing in New York, he might be able […]
Radio and podcast company Audacy files for bankruptcy
Radio and podcast company Audacy said it had filed for Chapter 11 bankruptcy protection on Sunday, citing “macroeconomic challenges” as the reason for its restructuring. Audacy is home to hundreds of broadcast, sports and podcast programs and is one of the nation's largest radio stations. In Sunday's announcementAudacy President and CEO David Field announced that […]
Radio giant Audacy files for bankruptcy as advertising plummets
Laura Martin, Senior Media and Internet Analyst at Needham & Company, discusses Netflix's wild trading range ahead of earnings in “Making Money.” Radio giant Audacy has filed for bankruptcy protection after falling advertising revenue. The Philadelphia-based company, which oversees major podcast and radio businesses and acquired CBS Radio, filed for Chapter 11 in U.S. Bankruptcy […]
Franciscan Friars of California declare bankruptcy in wake of sex abuse lawsuits
Roman Catholic Charities of California filed for bankruptcy this week to secure “just financial compensation” for nearly 100 lawsuits related to sexual abuse allegations dating back a decade. A Franciscan order in California filed for Chapter 11 bankruptcy protection on New Year's Eve following a change in state law that allows victims to override the […]