Bankruptcy

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Ray Blanchette rests his arm on a bar and looks at the camera
Retail

TGI Fridays’ ex-CEO—who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks—will step up to oversee hundreds of locations post-bankruptcy

By
January 3, 2025
Do Kwon, Founder Of Terra Crypto
Finance

Fugitive crypto king Do Kwon handed over to the FBI to answer for $40 billion stablecoin collapse

By
December 31, 2024
Big Lots reaches deal to keep hundreds of US stores open after filing for bankruptcy
Retail

Big Lots reaches deal to keep hundreds of US stores open after filing for bankruptcy

By
December 28, 2024
An exterior view of Party City store
Retail

Party City closing spurred by sudden drop in inventory value

By
December 23, 2024
Storage bins from the Container Store
Retail

The Container Store files for bankruptcy as housing crisis cripples cash flow

By
December 23, 2024
An exterior view of Party City store
Retail

Party City to wind down operations, fire employees, CEO says

By
December 20, 2024
Judge rejects sale of Alex Jones’ Infowars to The Onion, calling bankruptcy auction process flawed
Finance

Judge rejects sale of Alex Jones’ Infowars to The Onion, calling bankruptcy auction process flawed

By Dave Collins and The Associated Press
December 11, 2024
Celsius Network founder pleads guilty to fraud charges over collapse of crypto lending platform
Companies

Celsius Network founder pleads guilty to fraud charges over collapse of crypto lending platform

By Larry Neumeister and The Associated Press
December 4, 2024
Struggling budget vodka maker Stoli has filed for bankruptcy as Gen Z turns away from alcohol
Finance

Struggling budget vodka maker Stoli has filed for bankruptcy as Gen Z turns away from alcohol

By
December 2, 2024
BLETCHLEY, ENGLAND - NOVEMBER 01: SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks with members of the media during day one of the AI Safety Summit at Bletchley Park on November 01, 2023 in Bletchley, England. The UK Government are hosting the AI Safety Summit bringing together international governments, leading AI companies, civil society groups and experts in research to consider the risks of AI, especially at the frontier of development, and discuss how they can be mitigated through internationally coordinated action. (Photo by Leon Neal/Getty Images)
Success

Elon Musk’s X files last-minute objection to block the sale of Alex Jones’ X accounts

By
November 27, 2024
Alex Jones is heading back to court to try to stop The Onion’s purchase of Infowars, calling sale fraud and collusion
Finance

Alex Jones is heading back to court to try to stop The Onion’s purchase of Infowars, calling sale fraud and collusion

By Dave Collins and The Associated Press
November 25, 2024
Goldman funds take $900 million hit on Northvolt, FT says
Finance

Goldman funds take $900 million hit on Northvolt, FT says

By Angela Cullen and Bloomberg
November 23, 2024
Swedish battery champion Northvolt facing financial meltdown as CEO resigns
Tech

Swedish battery champion Northvolt facing financial meltdown as CEO resigns

By
November 22, 2024
Empty wallet, calculator and budgeting tools in the background.
Politics

Oakland accidentally publishes draft report saying city is nearly bankrupt before swapping it with official document

By
November 19, 2024
Spirit Airlines jetliners on the tarmac
Newsletters

Spirit Airlines CFO faces ‘uphill battle’ as airline navigates Chapter 11 process

By
November 19, 2024

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