States, cities that expected to go bankrupt from pandemic now seeing cash surplus Wednesday, July 21 by ABC News(WASHINGTON) -- When the pandemic hit Alexandria, Virginia, the economic outlook was bleak.In April 2020, the city projected a budget shortfall of up to $100 million as businesses shut down and workers lost their jobs, eliminating key revenue from sales, tourism and income taxes.“Early... Read More.
J.C. Penney reportedly planning to close 200 stores nationwide Monday, May 11 by wcednewsPlano, TX – J.C. Penney is reportedly likely to file for bankruptcy soon and start plans to close 200 stores nationwide, perhaps as early as this week, as the company is currently $4 billion in debt.J.C. Penney has nearly 850 stores right now, including... Read More.
