business-bankruptcy

Tupperware, pioneer of food storage and sales parties, files for bankruptcy

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Tupperware, pioneer of food storage and sales parties, files for bankruptcy

Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Tupperware, based in Orlando, Fla., plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just before midnight on Tuesday.  The company … Read more

Electric scooter company Bird Canada says operations not affected by U.S. bankruptcy

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Electric scooter company Bird Canada says operations not affected by U.S. bankruptcy

Electric scooter rental company Bird says its Canadian operations won’t be affected by the company’s bankruptcy proceedings in the U.S. Canadian COO Alex Petre told CBC News that Bird Canada is not part of the filing and Canada “remains a key priority market for the business.” “As such, I want to underline that there is no impact on … Read more