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Bankruptcy fears

Jenny Craig seeks urgent buyer

Weight loss empire Jenny Craig has appointed voluntary administrators after reports it would cease operations in Australia “due to its inability to secure additional financing”.A statement released on Tuesday confirmed FTI Consulting’s…

Sudden meme-rally after bankruptcy call

Bed Bath & Beyond’s stock price has surged after it became the target of a meme-rally.It’s an abrupt turnaround for the struggling firm, which last week signalled it could imminently file for bankruptcy.On January 5, the company’s stock…

Bitcoin in meltdown after disturbing tweet

The fallout from the collapse of FTX continues to cascade through the cryptocurrency market, with fears one of the industry’s biggest names is in financial strife.Speculation is swirling around the health of Digital Currency Group, a…