Shoppers enter a Bed Bath & Beyond store Monday, May 29, 2023, in Glendale, Colo. An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they're struggling to pay even the interest on their loans — has soared to nearly 7,000 around the world, including 2,000 in the United States. (AP Photo/David Zalubowski)
June 7, 2024
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June 7, 2024 2:30 p.m.
Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive
Added Miami investor Mark Spitznagel, who famously bet against stocks before the last two crashes: “The clock is ticking.”