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Bed Bath & Beyond says it will make delayed interest payments

  Bloomberg Bed Bath & Beyond Inc said it will pay past-due interest to bondholders on February 28 as the troubled retailer catches up on overdue payments after a last-minute equity deal earlier this month. The company said in a statement that it has prefunded the full amount of interest. The retailer had been in a grace period since it ...

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Bankrupt Party City needs Halloween costumes

  Bloomberg As Party City Holdco Inc wades through bankruptcy, some of its most important vendors are banding together to negotiate better trade terms for a holiday the company relies on: Halloween. Halloween orders are placed months ahead of time, meaning costume suppliers have to decide soon what they’re willing to ship to the bankrupt party supplier and on what ...

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Oil extends longest run of losses this year ahead of Fed minutes

  Bloomberg Oil extended its longest run of losses this year ahead of the release of Federal Reserve minutes that may provide further clues on the path forward for monetary tightening in the US. West Texas Intermediate traded near $76 a barrel after declining for a fifth session. The prospect of more aggressive interest-rate hikes from the Fed to quell ...

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