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2 mins read
Bankrupt crypto lender Celsius owes users $4.7 billion, court document reveals
Celsius Networks, a US-based crypto lender, which filed for bankruptcy protection on July 14, owes…
4 mins read
Todd Chrisley's lawyer calls ex-business partner's affair claims pure 'fantasy' in closing arguments
The prosecution and defense in the bank and tax fraud trial of Todd and Julie Chrisley gave closing…
Haven Orecchio-Egresitz
4 mins read
How an out-of-work DC newswoman turned the Chrisleys into reality TV stars
Annie Kate Pons, a former Fox News reporter, told a federal jury about how she pitched and produced…
Haven Orecchio-Egresitz
2 mins read
USA Gymnasts and Olympic Committee agree to pay gymnasts a historic $380 million settlement over Larry Nassar abuse scandal
A non-monetary stipulation also ensures self-proclaimed abuse survivors will have spots on USA Gymn…
Rebecca Cohen
2 mins read
Lord & Taylor is permanently closing 24 of its locations after filing for bankruptcy. See if your local store is on the list.
As part of the closing and liquidation process, products will be available "at significant price re…
Bethany Biron
2 mins read
Bankrupt USA Gymnastics and sexual abuse survivors reach an agreement on proposed $425 million settlement
The multi-million dollar plan was filed jointly with a committee that represents survivors of forme…
Katie Balevic
1 min read
USA’s Puerto Rico calls for bankruptcy
The Caribbean island Puerto
Rico's governor has asked the US government to restructure the island’s…
2 mins read
Sizzler files for bankruptcy as the pandemic demolishes sales at casual-dining restaurants
Sizzler plans to keep restaurants open throughout the process, which will involve the renegotiating…
Kate Taylor
3 mins read
The 4 Trump Organization figures who could guide prosecutors through the company's byzantine finances
Prosecutors are interested in the process for evaluating Trump Organization properties. They've alr…
Jacob Shamsian
3 mins read
The Drive Thru: Bankruptcies continue, Chipotle explodes on digital, and some chains avoid enforcing mask policies
As more chains file for bankruptcy, Chipotle reports soaring digital growth in Q2. Read about it in…
Shoshy Ciment
6 mins read
The Boy Scouts filed for bankruptcy after facing hundreds of new allegations of sexual abuse
The Boy Scouts' problem with sexual abuse has been no secret - least of all to the organization its…
Kayla Epstein
3 mins read
The Drive Thru: L'Oreal reopens offices, more chains file for bankruptcy, and the future of the department store remains in flux
L'Oreal employees are back in the offices and more chains file for bankruptcy. Read all about it in…
Shoshy Ciment
2 mins read
Burgerim, a hot burger chain with locations across the US, is reportedly considering filing for bankruptcy
Restaurant Business Online obtained an email in which company representatives claimed to be "confid…
Áine Cain
2 mins read
Toys R Us is banking on futuristic tech to save its business after bankruptcy
Those challenges predate the 2005 leveraged buyout, and the huge debt load has weakened Toys R Us' …
Dennis Green
9 mins read
Millennials loved Megabus. So why did it go mega-bust?
Megabus was the favorite cheap travel option for millennials. Then it ran out of gas.
Emily Stewart
5 mins read
Lipstick sales and strippers' tips: 6 weird indicators a recession could be coming
Recessions are difficult to predict. For the less market-inclined money watcher, there are several …
Erin Snodgrass
7 mins read
The super selfish reason why Elon Musk is all in on Trump
Elon Musk and Donald Trump are both dedicated to law and order — so long as they write the laws and…
Linette Lopez
3 mins read
Miss Universe R'Bonney Gabriel will pass the crown to a new winner this weekend. Here's how you can watch the pageant from home.
The Miss Universe pageant is taking place on November 18 in El Salvador. It will air live on the Ro…
Anneta Konstantinides
4 mins read
Trump is selling sneakers, bibles, and other odd products while he campaigns. Here's a look at all the items he's hawking.
Donald Trump has allowed his name to be stamped on a variety of products ranging from a Bible to NF…
Brent D. Griffiths
3 mins read
Miss Universe's new parent company was meant to revive the struggling pageant, but now its facing its own financial woes
JKN Global Group bought Miss Universe for $20 million in 2022. A week before the 2023 pageant, it f…