After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

www.nytimes.com

135

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After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down

www.nytimes.com

@fne8w2ah to

News • 1 year ago

135

Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.

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@elscallr
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1•1 year ago
If a business is failing it should be allowed to fail, full stop. Economics is Darwinian.

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