US EditionUS corporate bankruptcies rise to highest Q1 level since 2010
- Corporate bankruptcies among U.S. Companies rose to their highest level for the first quarter since 2010, with 188 filings reported by S&P Global Market Intelligence.
- In the first quarter of 2025, 188 bankruptcies were filed, an increase from 139 filings in the same period of 2024, according to S&P Global.
- Notable companies that filed for bankruptcy include Nikola, Joann Fabrics, and Hooters, as they faced financial difficulties due to rising debt pressure.
- S&P Global noted that weaker balance sheets are causing companies to struggle as they refinance debt at higher interest rates.
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Trump impact? Big American companies going bankrupt at fastest rate since 2010, says S&P
Large US companies filed for bankruptcy in early 2025 at the fastest pace since 2010, as rising costs and high interest rates strained businesses. A total of 188 big firms filed for bankruptcy through March, including major names like Forever 21’s US operator, 23andMe, and Hooters of America.
·Mumbai, India
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