Fonq, Dutch home decor webshop, declared bankrupt

fonq The curtain has fallen on online home furnishings retailer Fonq. After years of struggling, millions in injections of capital, and five changes in management, the company has succumbed to its structural losses. Years of decline and losses Fonq was founded in 2003 and grew into an online department store with a turnover of 66…

Iterum Therapeutics plc Announces Petition for Winding Up and Appointment of Joint Provisional Liquidators

DUBLIN and CHICAGO, March 27, 2026 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (in Provisional Liquidation) (Nasdaq: ITRM) (the “Company” or “Iterum” or “we”), a company focused on delivering next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that it has filed a…

Fact Check: Did the Treasury really declare the U.S. insolvent?

Claims that the United States has effectively been declared insolvent by its own Treasury have gained traction online, sparking concern and confusion about the country’s financial position. These arguments are based on interpretations of official government financial statements, particularly those showing that long term liabilities significantly outweigh assets. At first glance, the figures appear alarming…