{"id":32604,"date":"2020-08-12T17:05:00","date_gmt":"2020-08-12T13:05:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32604"},"modified":"2020-08-12T16:36:42","modified_gmt":"2020-08-12T12:36:42","slug":"bankruptcies-of-us-companies-are-heading-to-highest-level-since-2010","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bankruptcies-of-us-companies-are-heading-to-highest-level-since-2010\/08\/12\/market-updates\/","title":{"rendered":"Bankruptcies of US Companies Are Heading to Highest Level Since 2010"},"content":{"rendered":"\n<p>Bankruptcy cases in the United States are heading to their highest in 10 years this year, with companies suffering from the repercussions of the Coronavirus.<\/p>\n\n\n\n<p>According to a report issued by Standard &amp; Poor&#8217;s Global, 424 US companies have filed for bankruptcy protection since the beginning of this year until August 9.<\/p>\n\n\n\n<p>This exceeds the bankruptcies of public and private sector companies during any similar period since 2010, with the US economy suffering from a historic contraction in the second quarter, and the Coronavirus affects many industries, especially those that depend on consumer spending.<\/p>\n\n\n\n<p>The report pointed out that companies that depend on consumer spending witnessed more than 100 bankruptcies.<\/p>\n\n\n\n<p>The report added that there are nearly 100 bankruptcies in the energy and industry sectors, including the oil and gas producer &#8220;Chesapeake&#8221; and the &#8220;Hertz&#8221; car rental company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bankruptcy cases in the United States are heading to their highest in 10 years this year, with companies suffering from the repercussions of the Coronavirus. According to a report issued by Standard &amp; Poor&#8217;s Global, 424 US companies have filed for bankruptcy protection since the beginning of this year until August 9. This exceeds the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7111,7110,6842],"class_list":["post-32604","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-bankruptcies","tag-companies","tag-us"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32604"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32604\/revisions"}],"predecessor-version":[{"id":32605,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32604\/revisions\/32605"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32048"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}