Ernie Sadashige

Ernie Sadashige, CPA, is a Senior Sub Editor, North America. He previously worked in various editorial capacities at Bloomberg, CNN and several local US television stations. He was also the first North American Content Manager for Debtwire.

Articles by Ernie Sadashige Page 1

Russian President Vladimir Putin speaks on a stage in Moscow
Can Russia recover from Putin’s Ukraine folly?

In the wake of the war on Ukraine, only the removal of Putin can save Russian business

Ernie Sadashige11:22, 4 April 2022
BuyK bike courier
Russia sanctions push US grocery delivery app BuyK into liquidation

BuyK commenced operations in April 2021 and had grown to 39 stores in New York and Chicago

Ernie Sadashige15:39, 18 March 2022
App for sport bets, stacks of banknotes and a basketball
What US sports betting can learn from the dot-com bust

Caesars (CZR) spent $518m on advertising in 2021; DraftKings (DKNG) dropped $831m on sales and marketing

Ernie Sadashige17:15, 7 March 2022
OxyContin bottles
OxyContin maker Purdue Pharma agrees to $6bn bankruptcy deal

Purdue Pharma's founding Sackler family will pay more under the new agreement

Ernie Sadashige20:15, 3 March 2022
Cat Clamp antitheft device
Perpetrators, Putin and the price of palladium

US insurer State Farm paid out $63m in catalytic converter claims in 2021

Ernie Sadashige17:43, 15 February 2022
NFT House
Should you sell your home as an NFT?

A five-bedroom, three-and-a-half-bath house in Florida sold for 210 ETH ($652,289).

Ernie Sadashige14:00, 11 February 2022
Tax concept with tax forms and calendar
US tax industry poised to profit on crypto filing flood

Cryptocurrency compliance provides fresh revenue for tax industry struggling in flat times

Ernie Sadashige15:40, 4 February 2022
Lidocaine anesthetic skin cream with box
UK’s Hikma buys Teligent assets to expand into Canada

Other bankruptcy bidders buy Teligent’s plant and drug applications

Ernie Sadashige16:29, 18 January 2022
A picture of a cruise ship being built
Global Dream becomes nightmare for Chinese cruise line

MV Werften files for insolvency following failed German bailout

Ernie Sadashige19:57, 11 January 2022
Prescription bottle for Oxycodone tablets and pills on metal table
Purdue Pharma cleared to appeal bankruptcy plan rejection

Appeal conditional on request for expedited resolution.

Ernie Sadashige21:22, 7 January 2022
ION Geophysical offers imaging and reservoir services
ION Geophysical (IO) skips debt payments, research bullish

ION is discussing strategic alternatives, which may result in restructuring or bankruptcy

Ernie Sadashige16:10, 6 January 2022
Passengers exiting a Philippine Airlines flight
Philippine Airlines (PAL) sees profit after bankruptcy exit

PAL will reduce its pre-bankruptcy fleet by 23%

Ernie Sadashige18:10, 4 January 2022
Esports arena filled with an audience
India-focused esports platform files for $15m IPO

Mobile Global Esports plans to sell 2.5 million shares at $6.00 per share

Ernie Sadashige18:38, 28 December 2021
BuzzFeed sign at company head office
BuzzFeed (BZFD) releases full-year outlook, shares lower

Commerce and other revenue should increase by a 'high teens' percentage.

Ernie Sadashige17:32, 23 December 2021
Bottles of Oxy-Contin on a shelf
Purdue Pharma $4.5bn bankruptcy plan tossed by US court

Purdue Pharma to appeal US federal court decision

Ernie Sadashige15:58, 17 December 2021

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