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QVC files for bankruptcy after racking up billions in debt

QVC files for bankruptcy after racking up billions in debt

This is our daily Tech and Business report. KCBS Radio News Anchor Margie Shafer spoke with Bloomberg's Reshmi Basu. TV shopping network QVC has hit some hard times as the company shared plans to file for imminent Chapter 11 bankruptcy. The move comes as the company faces a mound of debt.

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