Claire Boston

  • Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. FTX, the digital-assets trading platform launched two years ago by Bankman-Fried, said it handled enough volume last month to make it one of the largest crypto exchanges. Photographer: Lam Yik/Bloomberg via Getty ImagesTech

    FTX owes its 50 largest unsecured creditors $3.1B, including more than $100M each for 10 of them, court papers show

    By Jeremy Hill, Claire Boston, and others
  • LOS ANGELES, CA – SEPTEMBER 27: Chairman and CEO of MacAndrews & Forbes Holdings Inc., Ronald Perelman speaks at Revlon’s Annual Philanthropic Luncheon in support of the Revlon Women’s Health Mission and to honor the achievements of Dr. Dennis Slamon at the Chateau Marmont on September 27, 2016 in Los Angeles, California. (Photo by Donato Sardella/Getty Images for Revlon)Retail

    Revlon missed the Instagram-fueled cosmetics boom. Now it’s filing for bankruptcy

    By Claire Boston and Bloomberg
  • A J.C. Penny in New York City. The national chain is seeking new ways to turn its business around.Retail

    J.C. Penney’s Financial Woes Might Be Eased With a Debt Swap

    By Allison McNeely, Katherine Doherty, and others