bankrupt

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm Files for Chapter 11 Bankruptcy Protection

Mattress Firm, the largest U.S. mattress company is filing for Chapter 11 bankruptcy protection. Chapter 11 bankruptcy is a way for retailers to get out of unwanted leases. Across the U.S., Mattress Firm has 3,500 locations which in the past were in..

Tesla Shares Rise on Elon Musk's Forecast of Profitability in Q3

Tesla Shares Rise on Elon Musk's Forecast of Profitability in Q3

Tesla Inc. (NASDAQ: TSLA) Elon Musk tweeted early Friday morning that he expects the company to be profitable and have cash flow in the third and fourth quarter this year. Tesla shares rose by 3.2 percent at the opening bell.“The Economis..