Cineworld drops more than 50% on bankruptcy report

James G. Cole

Britain’s Cineworld Group (CINE.L), the parent company of Regal Cinemas, is preparing to file for bankruptcy after struggling to climb back from pandemic lows, according to The Wall Street Journal. Share plunged on the news, down more than 50% in early morning trading. The report added that the company, which […]

Survey finds 50% of companies want to cut headcount

James G. Cole

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, August 19, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. […]