US companies tumble into bankruptcy at fastest pace since 2013 under coronavirus stress
Tuesday, 30 June 2020 ()
· *US companies are filing for Chapter 11 bankruptcy at the fastest pace since 2013, the Financial Times reported Tuesday.*· *Year-to-date filings reached 3,427 on June 24, bringing the metric close to the 3,491 filings made in the first half of 2008.*
· *The wave of bankruptcies was largely driven by the coronavirus...