Missing Billions and a Secretive CEO: The First Brands Bankruptcy

Missing Billions and a Secretive CEO: The Fir...

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The Inside Story of Europe’s Breakup With the U.S.

President Trump’s tariffs, threats against Greenland, and other “America-first” demands have turned away the U.S.’s longtime allies. Now, Western leaders are considering how to decouple from American influence and move forward without the decades-long partnership. WSJ’s Joe Parki ...  عرض المزيد

Europe Is Hot as Hell. Why Doesn’t It Want Air Conditioning?

As Europe experiences record-breaking heat waves this summer, many residents are reconsidering the continent’s long resistance to air conditioning. Europe’s summer high temperatures often cause tens of thousands of people to die from heat-related causes. WSJ’s Matthew Dalton repo ...  عرض المزيد

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$12bn of debt: How First Brands Group collapsed
The Story of Money

Some of the world’s biggest financial institutions are reeling after the collapse of a little-known car parts supplier: First Brands Group. The company filed for bankruptcy last month, and since then, FT reporters have shone a spotlight on billions of dollars of hidden debt and a ...  عرض المزيد

Troubling signs in corporate debt
Unhedged

First Brands Group, a roll-up of car parts manufacturers, is preparing a bankruptcy filing after amassing as much as $10bn in debt. And last week, Tricolor, a subprime auto loan lender, ran into trouble. Today on the show, Rob Armstrong and Katie Martin ask if we are at a turning ...  عرض المزيد

Dham Scam: Boom, Bankruptcy, Billions Bamboozled
The Morning Brief

Amtek Auto, once one of India’s biggest car component makers, is accused of a Rs 12,000 crore money laundering scam. Arvind Dham’s company which went bankrupt in 2017, has been accused of cheating, fraud and siphoning bank loans. With an investigation ongoing and the case reac ...

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TX Empire Goes Bankrupt in Sudden Fall
Bloomberg Businessweek

Bloomberg News Crypto Reporter Olga Kharif discusses Sam Bankman-Fried’s digital-asset empire filing for Chapter 11 bankruptcy. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology and Venture Capital Reporter Priya Anand provide the details of Priya's Businessw ...  عرض المزيد