- Faraday Future's Elusive Founder Has Filed For Bankruptcy, But the Tesla Rival Says It's Not Dead YetJia Yueting, once China's 17th richest man, has field for Chapter 11 bankruptcy in the U.S.
- States Want to Stop Purdue Pharma From Paying Bonuses During Bankruptcy“Multi-billionaires who are giving millions in bonuses to their employees are the opposite of bankrupt,” said North Carolina's attorney general.
- Forever 21's Bankruptcy Will Refocus the Apparel Brand on Key MarketsThe fast fashion chain got bogged down by aggressive expansion and a sprawling international operation.
- Can Fashion Fair Cosmetics Make a Comeback?The future of the historic makeup brand for women of color will be decided next month.
- Purdue Pharma's $10 Billion Bankruptcy Plan to Settle Opioid Epidemic Claims Heads to CourtThe Chapter 11 filing on Sunday is designed to short-circuit more than 2,000 lawsuits against Purdue and its owners, the billionaire Sackler family. Almost 25 states oppose the family’s settlement offer.
- Fred's Pharmacy Chain Liquidating All StoresThe latest victim of the retail apocalypse.
- Should Mall Landlords Become Lenders to Struggling Stores?The strategy won't be used for "every failing retailer."
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