Category : Search result: financial crisis


Red Lobster CEO exits amid bankruptcy fears

Red Lobster's CEO resigns as the seafood chain faces financial turmoil and backlash over its 'Ultimate Endless Shrimp' promotion, which reportedly cost millions.

UN warns famine 'almost inevitable' in Gaza

The United Nations has issued a dire warning that famine is 'almost inevitable' in Gaza, with over half a million Palestinians facing catastrophic hunger due to Israel's ongoing siege. Aid agencies report children dying from malnutrition as access to food

Gen X Faces Retirement Poverty Crisis

A new report reveals that Generation X is heading towards a retirement crisis, with many at risk of poverty due to financial instability and lack of savings.

Bank warns ATMs could fail in crisis - keep cash

The Bank of England has issued a stark warning that cash machines and card payments could stop working in a major crisis, urging the public to keep some physical money as a backup.

Steward Health Care bankrupt as CEO faces lawsuit

Steward Health Care has filed for bankruptcy while its CEO, Ralph de la Torre, faces legal action over alleged financial misconduct. The crisis raises concerns over healthcare stability and corporate governance.

Millions not saving enough for retirement

A shocking report reveals millions of Brits are not saving enough for retirement, risking financial hardship in later life. Experts warn of a looming crisis.

Mike Lynch's widow sued over Bayesian scandal

The widow of Mike Lynch is now embroiled in legal action as victims of the Bayesian scandal seek compensation, raising questions about accountability and financial restitution.

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