You keep dialing back the definition of "fail" to mean "to go out of business."
In common usage its meaning is far broader -- it can also mean e.g. "to screw up spectacularly" (in a way that cost the company very significantly, even if it isn't forced out of business as a result).
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It didn't collapse entirely - but by all accounts, it was a major failure.
They're still going pretty strong, from what I see and hear ... IOW, they handled that failure relatively well
You can spin it that way if you want.
It was a good chunk of money out the door for them, in any case.
it's not "spin" :)
they're haven't gone out of business, and show no signs of doing so for the foreseeable future :)
You keep dialing back the definition of "fail" to mean "to go out of business."
In common usage its meaning is far broader -- it can also mean e.g. "to screw up spectacularly" (in a way that cost the company very significantly, even if it isn't forced out of business as a result).
OP asked about a "company failing"
You're the one twisting that into a "a failure which may or may not have been recovered from" :)
You can read it however you want.
But in that context, the meaning was clearly open-ended.
I read it the way it's written: "have any notable companies failed"
Not "have any notable companies had a failure"
Big difference there, friend :)