‘Mega bankruptcies’ jump as tariffs, policy changes add new pressure

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The total number of “mega bankruptcies” filed by corporations with assets valued at more than $1 billion rose about 33% to 32 for the 12 months ended in June compared to 24 in the year-earlier period, according to a report released this week by Cornerstone Research, a San Francisco-based economic and financial consulting firm. The rise in the largest corpor ...