Latest News of PTC
Business Tech Roundup: AI Just Made A Mockery Of CAPTCHA
Recent tech updates: AI breakthrough bypasses CAPTCHAs, Walmart uses 3D printing, Amazon Business adds features, LiveFlow secures $13.5M funding, and tips to extend laptop battery life....
PTC Therapeutics' Huntington's Treatment Gets FDA Fast Track Designation
PTC Therapeutics' PTC518 program for Huntington's disease has been granted fast track designation by the FDA. The treatment aims to reduce the production of mutated Huntington protein, offering hope f...
Salt Life apparel brand to close all retail stores after bankruptcy...
Salt Life retail stores are closing after being purchased by Hilco Consumer-Retail Group. All 28 locations are closing to restructure the fashion company. New owners plan to liquidate stock, fixtures,...
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J&J subsidiary files for bankruptcy for third time to settle talc...
By New York Post | 1 week agoRed River Talc LLC, a subsidiary of Johnson & Johnson, filed for bankruptcy to address lawsuits alleging its talc products caused cancer. The proposed $8 billion settlement aims to resolve claims, wit...
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China's Massive Steel Industry Is Facing a Wave of Bankruptcies
By Yahoo! Finance | 1 week agoChina's steel industry is facing bankruptcies, prompting a needed consolidation. Beijing aims for top 5 companies to control 40% of the market by 2025. Steel exports may continue until 2026 as product...
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Multiple Bay Area Big Lots stores close amid bankruptcy
By Yahoo! Finance | 1 week agoDiscount retailer Big Lots has filed for Chapter 11 bankruptcy protection, leading to the closure of 10 Bay Area stores. The company cited high inflation and interest rates affecting consumer spending...
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Downtown home of Sly Fox, Jam-Eng sells amid bankruptcy
By Yahoo! Finance | 1 week agoThe downtown building housing Sly Fox Pub and Jam-Eng Caribbean & English Cuisine restaurant sold for $4.5 million after two years of bankruptcy. The sale was conducted by 14 East Washington LLC, repr...
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J&J subsidiary files for bankruptcy to advance $8 billion talc settlement
By CNBC | 1 week agoA Johnson & Johnson subsidiary filed for bankruptcy for the third time to settle lawsuits alleging that their baby powder and talc products caused cancer. The company is seeking a proposed $8 billion ...
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J&J Unit Seeks Chapter 11 Bankruptcy for Third Time Over Baby Powder Suits
By Yahoo! Finance | 1 week agoJohnson & Johnson has reached an $8 billion settlement with the majority of baby powder users claiming the product caused cancer. This agreement marks the company's third attempt to resolve lawsuits i...
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Digested week: Tupperware has filed for bankruptcy. I hope you're happy, snowflakes
By The Guardian | 1 week agoThe author shares a mix of personal experiences, including feeling guilty about not worming their kittens properly, processing trauma related to Prince Andrew scandals, lamenting the bankruptcy of Tup...
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PTC Inc. (NASDAQ:PTC) On An Uptrend: Could Fundamentals Be Driving The Stock?
By Yahoo! Finance | 1 week agoPTC's stock has risen by 3.8% recently. Analyzing its Return on Equity (ROE) of 9.8%, below the industry average of 14%, reveals room for improvement....
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Tupperware's fate sealed with bankruptcy filing
By Yahoo! Finance | 1 week agoTupperware, known for its plastic food containers, has filed for Chapter 11 bankruptcy due to declining sales and failed turnaround efforts. This move signals the end of an era for the iconic company ...
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Ed Tech Startup Behind L.A. Schools' Failed $6M AI Chatbot Files for Bankruptcy
By Yahoo! Finance | 2 weeks agoAllHere, an edtech company, faced bankruptcy after a failed AI project with Los Angeles schools. Financial revelations and disputes during a Delaware court hearing shed light on the company's downfall...
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Fast Food Chain BurgerFi Files for Chapter 11 Bankruptcy
By Yahoo! Finance | 2 weeks agoUS burger chain BurgerFi International, Inc. filed for Chapter 11 bankruptcy protection due to post-pandemic consumer spending decline and rising costs. The company plans to continue operations and se...
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Big Lots is closing hundreds of stores after bankruptcy filing. Are any closing in Iowa?
By Yahoo! Finance | 3 weeks agoBig Lots will close hundreds of stores as part of its bankruptcy protection filing. The retailer plans to optimize its store fleet and operate more efficiently, with 315 stores set to close. The closu...