Bankruptcy

Page 10 of 33

WeWork’s rapid collapse comes to a close as the once high-flying startup declares bankruptcy with nearly $19 billion in debt
Tech

WeWork’s rapid collapse comes to a close as the once high-flying startup declares bankruptcy with nearly $19 billion in debt

By Ethan M Steinberg, Amelia Pollard and Bloomberg
November 7, 2023
Roger Krone
Leadership

The Boy Scouts’ new CEO is a former Eagle Scout who once led a $15 billion defense contractor

By Mark Thiessen and The Associated Press
November 3, 2023
Yellow Trucking
Finance

The largest freight bankruptcy in history punched a $5 billion hole in the economy, cost 30,000 jobs, and left the taxpayer holding the bag for a COVID bailout

By
November 2, 2023
Hui Ka Yan, chairman of China Evergrande Group, speaks during a news conference in Hong Kong, China, on Monday, March 26, 2018.
Leadership

Embattled China Evergrande’s founder is no longer a billionaire after the man once worth $42 billion loses 98% of his wealth

By
October 25, 2023
Baby brand founded by actors Kristen Bell and Dax Shepard files for bankruptcy after being torpedoed by high shipping and production costs
Retail

Baby brand founded by actors Kristen Bell and Dax Shepard files for bankruptcy after being torpedoed by high shipping and production costs

By Amelia Pollard and Bloomberg
October 23, 2023
Rite Aid
Retail

Rite Aid’s years of red ink and opioid losses prompt pharmacy giant to file for bankruptcy

By Tom Murphy, Elaine Kurtenbach and The Associated Press
October 17, 2023
Rite Aid files for bankruptcy in the face of massive debts and ‘potentially significant’ claims for its role in the opioid epidemic
Finance

Rite Aid files for bankruptcy in the face of massive debts and ‘potentially significant’ claims for its role in the opioid epidemic

By Amelia Pollard, Ameya Karve and Bloomberg
October 16, 2023
Johnson & Johnson hit by 11,000 more lawsuits linking Baby Powder to cancer after judge throws $9 billion settlement case
Health

Johnson & Johnson hit by 11,000 more lawsuits linking Baby Powder to cancer after judge throws $9 billion settlement case

By Jef Feeley and Bloomberg
September 28, 2023
Hui Ka Yan
Finance

The Chinese real-estate billionaire whose firm blew up in disastrous fashion is being watched by police under ‘residential surveillance,’ sources say

By
September 27, 2023
Yellow paid executives $4.6 million in bonuses for bankruptcy wind-down as 30,000 employees became jobless
Finance

Yellow paid executives $4.6 million in bonuses for bankruptcy wind-down as 30,000 employees became jobless

By Jonathan Randles, Amelia Pollard and Bloomberg
September 14, 2023
Bitcoin bounces back after dipping below $25,000 on concern over FTX dumping crypto assets
The Coins

Bitcoin bounces back after dipping below $25,000 on concern over FTX dumping crypto assets

By
September 12, 2023
John J. Ray III testifies in Congress.
Companies

FTX has reached out to more than 75 bidders as bankrupt crypto exchange considers reboot

By
September 11, 2023
Puerto Rico heat
Environment

Puerto Rican school kids are roasting in the heat with no AC because the governor vetoed a bill mandating it across the island

By Danica Coto and The Associated Press
September 8, 2023
a picture of Queen Victoria's statue outside the Birmingham City Council Town Hall

Britain’s second biggest city declared itself bankrupt because it can’t afford nearly $1 billion it owes to women it underpaid in the past

By
September 6, 2023
Higher interest rates sent business bankruptcies soaring 17% from the previous month in the latest sign of economic trouble
Finance

Higher interest rates sent business bankruptcies soaring 17% from the previous month in the latest sign of economic trouble

By Steven Church and Bloomberg
September 5, 2023

Most Popular