A record 46 billion-dollar companies have filed for bankruptcy in the US this year as the pandemic continues to wreak havoc and its far from over, say experts

A record 46 companies with at least $1 billion in assets have filed for Chapter 11 bankruptcy this year, the Financial Times reported, citing BankruptcyData.com. The previous record was 38 billion-dollar businesses during the same period of 2009. JCPenney, Brooks Brothers, and Chesapeake Energy are among the big companies that have filed for bankruptcy this year as the coronavirus pandemic continues to hammer multiple sectors. "It's going to be a bumpy ride," Ben Schlafman, operating chief of Ne...