The move puts in question the future of the retail giant's 1,600 outlets and 64,000 employees. It comes ahead of the peak holiday shopping season, which traditionally generates much of the annual revenue of a company like Toys ‘R’ Us.
Irish budget airline has suddenly announced that it is cancelling 2000 flights to cope with pilot shortages.
The move could anger Saudi Arabia, the UAE, Egypt and Bahrain, which cut diplomatic and trade links with Qatar on June 5, accusing Doha of supporting terrorism.
The private toy retailer had previously said it was working with investment bank Lazard Ltd to help address its approximately $5 billion in debt.
There has been a major battle for Germany's second largest airline that could see it broken up as bidders stake their claims. A final decision on the airline's future is expected on September 25.
The Federal Trade Commission joins US congressional committees promising to probe the causes and implications of what could be the worst breach of personal information in the US.
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