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BREAKING: The bankrupt poop-testing startup uBiome shuts down

Silicon Valley microbiome test startup uBiome filed for bankruptcy protection at the beginning of the month after months of challenges and setbacks. Now uBiome is shutting down. The startup changes from Chapter 11 to Chapter 7 Bankruptcy. This means that the operation is discontinued and the company liquidated. uBiome once convinced Silicon Valley that the value of test poop was …

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Louisiana governor hammers Trump over tariffs after a steelmaker goes bankrupt in his state – Raw Story

Democratic Louisiana Gov. Bloomberg reports that hundreds of jobs have been filed in jeopardy after the Bayou Steel Group filed for bankruptcy earlier this week. 400 workers near New Orleans. The company cited a "severe lack in liquidity" as its reason for going bankrupt, but Gov. Trump's trade with China, which has resulted in American agricultural and manufacturing industries is …

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Harland and Wolff, the shipyard that built the Titanic, are about to go bankrupt

The company will request a British court to designate an administrator to oversee the restructuring, Harland and Wolff spokesman said. The Belfast shipyard employed some 35,000 workers in 1935 at its peak before World War II. Only 123 full-time employees today. Since 2003, when two ferries were built, no ship was built. Since then, Harland and Wolff have focused on …

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Court documents bankrupt the Reading Eagle Company

Falling ad revenue, rising production costs hampered the company's ability to cover debt, set records. Reading, PA This is a story of dive revenue and increasing debt, decreasing advertising and shrinking circulation. Documents filed with the US Bankruptcy Court on Wednesday and filed today with the Tribunal tell the story of how the Reading Eagle Company found their financial situation …

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Children's Place and Gap buy most of the bankrupt Gymboree

It is the recent upheaval in this sector, as brick-and-mortar stores want to gain a foothold in a difficult environment. Children's Place will spend $ 76 million to acquire the rights to the Gymboree and Crazy 8 brands The contract for Gymboree Play & Music, which was spun off in 2016, will take over, according to court documents filed on …

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The company that has promised a single trip to Mars is bankrupt

Humanity will sooner or later leave for Mars, but planning and executing the first manned mission on another planet is obviously a complex and costly undertaking. Mars One was one of the first and most ambitious attempts to manned Mars mission from the ground. But it was terribly badly managed, shortsighted, and possibly even fraudulent. It is now dead as …

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Do you remember Mars One? Yes, so it's bankrupt

Do you remember Mars One, the startup that said it would finance an occupying mission to Mars by turning the journey into a reality TV spectacle? Now the company is bankrupt, according to financial documents published online. Engadget confirmed bankruptcy with co-founder of Mars One, Bas Lansdorp, who told the publication he was working on a "solution" to the company's …

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Mars One company goes bankrupt

WASHINGTON – The company that was to finance Mars One has been liquidated and has given a severe setback to the company's quixotic goals of unilateral human missions to Mars. The Mars One Ventures AG, the commercial arm of the entire Mars An attempt was liquidated on 15 January in a civil court in the Swiss canton of Basel-Stadt. This …

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