US corporate bankruptcies at highest level since 2010

​​There were 54 corporate bankruptcy petitions in April, down from 70 in March, S&P Global said. Still, the year-to-date count more than doubled to 236 from a year ago. Consumer discretionary companies logged a higher number of bankruptcies than any other sector in 2023, according to S&P Global, with the once high-flying retailer Bed Bath & Beyond among the latest victims.

from Economic Times https://ift.tt/81BdOlW
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