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Quiksilver rides again: Retailer set to emerge from bankruptcy
Action sports retailer Quiksilver and its nearly 1,000 stores are set to emerge from bankruptcy on Feb. 8, under the majority ownership of Oaktree Capital Management.
Quiksilver filed Chapter 11 bankruptcy on Sept. 9, 2015 and on Jan. 28, the company and Oaktree Capital Management issued a statement indicating that funds managed by Oaktree will convert substantial existing United States debt holdings into a majority of the stock in the reorganized company on exit.
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UberRush increases drive for delivery presence
Ride-sharing service Uber is getting more aggressive in its jockeying for position in the online delivery marketplace.
In October 2015, Uber expanded its UberRush same-day delivery service from New York, where it had been operating for about two years, to San Francisco and Chicago. UberRush uses Uber drivers to deliver merchandise from retailers to customers for a $5-$7 fee, often in minutes.

