You Searched For "Bankruptcy" and got 20 results
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1 min read
TGI Friday's files for Chapter 11 bankruptcy
In the filing, the company listed both assets and liabilities as between $100 million and $500 mill…
Rebecca Rommen
1 min read
I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy
But Big Lots has long marketed itself as a place to find great deals. The company has said that it …
Alex Bitter
1 min read
Spirit Airlines to keep flying after filing for bankruptcy protection
Spirit said in a filing announcing bankruptcy protection that it would continue all its normal oper…
Pete Syme
2 mins read
Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer…
Pete Syme
3 mins read
Russia's defense sector is running on overdrive — but firms are warning of bankruptcy
Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…
Thibault Spirlet
1 min read
Read the open letter Spirit Airlines sent to customers after filing for bankruptcy protection
Spirit told passengers they can continue to book flights and travel with the airline following its …
Pete Syme
2 mins read
Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
3 mins read
Elon Musk is mourning Red Lobster's bankruptcy too
The seafood restaurant chain said on Sunday that it had filed for bankruptcy.
Kwan Wei Kevin Tan
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
1 min read
Red Lobster just filed for bankruptcy but it's not going to disappear
Red Lobster announced it was filing for Chapter 11 bankruptcy protection but said its restaurants w…
Pete Syme
5 mins read
Starbucks and Luckin are in a fight for the global coffee market. I visited both to see how they stack up on price, menu, and vibe.
Starbucks slumped in sales this last quarter. But the Chinese coffee brand, characterized by heavy …
Aditi Bharade
1 min read
The rise and fall of Red Lobster, whose bottomless shrimp may be leading to bankruptcy
The seafood chain, which has been operating for about 56 years, has weathered its fair share of sto…
Erin McDowell
1 min read
Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ
Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financ…
Hannah Getahun
5 mins read
Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…
Madeline Berg
2 mins read
View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned
View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…
Hayley Cuccinello
9 mins read
The end of convenience: What the downfall of Walgreens means for America
Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The…
Emily Stewart
3 mins read
I went shopping at Express and saw firsthand why the retailer has filed for bankruptcy
Express has been a clothing staple in US malls for years. I went to check out the clothes and what …
Jordan Hart
2 mins read
More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say
Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…
Ayelet Sheffey
5 mins read
Rudy Giuliani interrupts his own bankruptcy hearing, yelling it's 'defamatory' to accuse him of bankruptcy fraud
Giuliani, recently disbarred, erupted during his bankruptcy hearing — but he may actually score a l…
Jacob Shamsian
2 mins read
From bankruptcies to price wars, the US freight recession is reshaping the industry
Bankruptcies and aggressive price cuts have defined the freight recession. It may take more default…