corporations

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    63 American companies filed for bankruptcy in August alone, including several large corporations with over $1 billion in liabilities.

    US bankruptcy filings spiked in August after a July slowdown, leading to the highest total for the first eight months of the year since 2020 and the second-highest since 2010. There were 63 bankruptcy filings in August of public and certain private companies, up from a revised 49 in July...
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