Professor whose formula predicts corporate bankruptcies warns that growing debt during the Covid crisis might lead to unprecedented spate of bankruptcies.
Multinational companies with subsidiaries around the world should consider different approaches to the selection of the board of directors/managers, as well as potential pitfalls to overcome with implementing the new slate.
In updating its projections for growth and unemployment on Wednesday, the Federal Reserve poured cold water on the notion that last week's surprise jobs…