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US trucking giant Yellow files for bankruptcy

US trucking firm Yellow has filed for bankruptcy and will be closing down. Its collapse will force 30,000 people out of work.

US trucking company Yellow has filed for bankruptcy and will be closing down. The company had received a $700mn Covid-19 relief loan from the Trump administration during the summer of 2020. So will the loan be repaid? And what does it mean for the 30,000 workers expected to lose their jobs?

Also Roger Hearing finds out why Matt Healy from the British band The 1975 has been threatened with legal action by the Good Vibes Festival in Malaysia. We find out how much is expected to be at stake.

And apparently Americans are eating their burgers and fries at home, in their cars and at the office. In fact anywhere but at the fast-food restaurants themselves. McDonald鈥檚, Burger King want big investments in eating areas, prompting pushback from franchisees.

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27 minutes

Last on

Mon 7 Aug 2023 22:32GMT

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  • Mon 7 Aug 2023 21:32GMT
  • Mon 7 Aug 2023 22:32GMT