Category UK, Europe

U.S. restaurants have been caught between minimum wage hikes and rising food material costs on one side and growing competition on the other, squeezing profit margins. Recent financial reports showed a slowdown in restaurant revenues and a rise in labor…

CarePoint Health Systems, a New Jersey-based healthcare system consisting of three hospitals, has filed for voluntary bankruptcy and financial restructuring owing to ongoing cost challenges. In order to facilitate the restructuring process, the nonprofit filed for Chapter 11 relief in…