"You entered the pandemic with dozens of U.S. high-grade companies carrying around $1 trillion of debt in aggregate, pledging to pay down debt or grow their way into lower leverage." That's going to be hard in this economy.
In the 11th hour, U.S. District Judge Carl Nichols found that TikTok was likely to prevail in arguing that the Trump administration had overstepped in pushing to prevent future downloads of the app.
