You Searched For "Bankruptcy" and got 20 results
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1 min read
Bankruptcies are spiking as companies lose hope of rate cuts
April notched the highest number of bankruptcies in a year as businesses give up on a quick Fed piv…
Filip De Mott
4 mins read
Rudy Giuliani scores rare legal win as judge dismisses bankruptcy case but it comes with a huge asterisk
Giuliani can now appeal a $148 million judgment, but it comes with a big asterisk: He can't seek ba…
Jacob Shamsian
2 mins read
Fisker is closing its Manhattan Beach headquarters, employees say
Fisker has begun to close down its Manhattan Beach office, the site of the company's headquarters, …
Grace Kay
2 mins read
More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process
The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief…
Ayelet Sheffey
2 mins read
Redbox's parent company stopped paying employees for over a week before finally filing for bankruptcy
Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection on June 28…
Lauren Edmonds
3 mins read
I'm 30 and already have $50,000 in credit card debt. Declaring bankruptcy is my only way out.
The writer struggled financially in NYC, so she racked up $50,000 in credit card debt. Declaring ba…
Nicole Kempster
11 mins read
Inside the downfall of Henrik Fisker's second automotive startup, which just filed for bankruptcy
Business Insider spoke with 27 current and former Fisker staff who charted the startup's downfall.
Grace Kay
2 mins read
The Gateway Pundit just had its bankruptcy dismissed. Now, the far-right blog will face defamation lawsuits that threaten its future.
The Gateway Pundit tried to use bankruptcy to end its defamation cases. A judge refused to allow it.
Jack Newsham
2 mins read
The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says
Large bankruptcies are on track to surpass their peak during the pandemic, according to Danielle Di…
Jennifer Sor
3 mins read
Two luxury rivals are joining forces — and Amazon is getting in on the action
Saks Fifth Avenue's takeover of rival department store company Neiman Marcus for $2.65 billion show…
Madeline Berg
2 mins read
Why your local pharmacy may be closing
Walgreens is closing a "significant" number of US stores. CEO Tim Wentworth said the industry is "l…
Dominick Reuter
6 mins read
Inside Rudy Giuliani's bankruptcy spending: $100 on pizza, $4 polyester ties, and 'deep bronze' tanning lotion
The numbers in Rudy Giuliani's bankruptcy filings aren't adding up.
Jacob Shamsian
2 mins read
The $7 billion Purdue bankruptcy plan giving the Sacklers immunity from more lawsuits gets nixed by Supreme Court
A 5-4 split among Supreme Court justices just killed Purdue Pharma's bankruptcy plan — and th…
Jack Newsham
7 mins read
Even in bankruptcy, Rudy Giuliani keeps his financial picture hidden. Now he might lose control of it.
Lawyers have ripped Rudy Giuliani for giving "half-baked" financial disclosures and funneling money…
Jacob Shamsian
2 mins read
DPI, bankruptcy law, tax code make India attractive investment destination: WEF official
A combination of policy changes such as bankruptcy law and taxation code and the enabling environme…
PTI
2 mins read
Rite Aid just filed for bankruptcy and could be closing more of its 2,100 stores
In March, the US Justice Department sued Rite Aid, accusing the company of missing "red flags" when…
Nidhi Pandurangi
3 mins read
These are all the Red Lobster restaurants the company wants to close
Red Lobster said that the leases on the restaurants were "likely to continue to drive losses" for t…
Grace Dean
6 mins read
How a Gen Xer went from declaring bankruptcy at 30 to being on track to retire early in her 50s
Chris Elle Dove, who for a few years relied on Social Security survivor benefits, is set to retire …
Noah Sheidlower
3 mins read
Justice Department calls for dismissal of the Corizon bankruptcy
Sen. Elizabeth Warren applauded the DOJ's intervention, saying, "Corizon does not belong in a bankr…
Dakin Campbell,Nicole Einbind…
1 min read
6 years after declaring bankruptcy, Toys R Us will return with 24 stores across the US
The brand will open up to 24 stores nationwide. It also plans to expand into the travel industry th…