Reshmi Basu

Stay informed with Reshmi Basu’s coverage and analysis for Fortune.

  • A Rite Aid storefront.Finance

    Rite Aid’s lenders won’t let it exit bankruptcy unless CEO takes a cut on $20 million payout

    By Reshmi Basu and Bloomberg
  • LOS ANGELES, CALIFORNIA – DECEMBER 21: The Rite Aid logo is displayed outside a Ride Aid store on December 21, 2022 in Los Angeles, California. Rite Aid Corp. shares were down almost 14 percent in midday trading after the pharmacy chain announced a third quarter revenue loss while lowering its full fiscal year revenue guidance. (Photo by Mario Tama/Getty Images)Health

    Rite Aid is preparing for bankruptcy to avoid potentially massive liabilities from opioid lawsuits

    By Amelia Pollard, Reshmi Basu, and others
  • MIAMI, FLORIDA – APRIL 28: A person walks past a Jenny Craig weight loss store on April 28, 2023 in Miami, Florida. Reports indicate that the Jenny Craig company will undergo potential mass layoffs as it begins a hunt for a buyer. (Photo by Joe Raedle/Getty Images)Health

    Jenny Craig weight loss empire that helped a generation get healthier is going out of business

    By Erin Hudson, Reshmi Basu, and others