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Friday, July 26, 2024

Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive

NEW YORK (AP) — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good. An Associated Press analysis found their numbers have …

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