Home retailer Kirkland's Inc. announced Wednesday that it has partnered with supply chain and transportation company Ryder Inc. to provide in-home delivery service. The first test of the service launched in June in 25 markets and will be available in the lower 48 states by the end of July. The service will be available on select items. Delivery along with "light" assembly and removal of packaging will cost customers a flat rate of $149 per order. Customers who want to use the service must make a Read More...
Reuters
Crypto lender Voyager Digital files for bankruptcy
In its Chapter 11 bankruptcy filing on Tuesday, New Jersey-based Voyager estimated that it had more than 100,000 creditors and somewhere between $1 billion and $10 billion in assets, and liabilities worth the same value. Chapter 11 bankruptcy procedures put a hold on all civil litigation matters and allow companies to prepare turnaround plans while remaining operational. “The prolonged volatility and contagion in the crypto markets over the past few months, and the default of Three Arrows Capital on a loan from the company’s subsidiary, Voyager Digital, LLC, require us to take deliberate and decisive action now,” Voyager Chief Executive Officer Stephen Ehrlich said in a statement.
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