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US companies tumble into bankruptcy at fastest pace since 2013 under coronavirus stress

Business Insider Tuesday, 30 June 2020 ()
US companies tumble into bankruptcy at fastest pace since 2013 under coronavirus stress· *US companies are filing for Chapter 11 bankruptcy at the fastest pace since 2013, the Financial Times reported Tuesday.*
· *Year-to-date filings reached 3,427 on June 24, bringing the metric close to the 3,491 filings made in the first half of 2008.*
· *The wave of bankruptcies was largely driven by the coronavirus...
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