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Bankruptcy

Page 11 of 34
Roger Krone
LeadershipThe Boy Scouts’ new CEO is a former Eagle Scout who once led a $15 billion defense contractor
By Mark Thiessen and The Associated PressNovember 3, 2023
Yellow Trucking
FinanceThe 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 Irina IvanovaNovember 2, 2023
Hui Ka Yan, chairman of China Evergrande Group, speaks during a news conference in Hong Kong, China, on Monday, March 26, 2018.
LeadershipEmbattled China Evergrande’s founder is no longer a billionaire after the man once worth $42 billion loses 98% of his wealth
By Chloe TaylorOctober 25, 2023
RetailBaby 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 BloombergOctober 23, 2023
Rite Aid
RetailRite Aid’s years of red ink and opioid losses prompt pharmacy giant to file for bankruptcy
By Tom Murphy, Elaine Kurtenbach and The Associated PressOctober 17, 2023
FinanceRite 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 BloombergOctober 16, 2023
HealthJohnson & Johnson hit by 11,000 more lawsuits linking Baby Powder to cancer after judge throws $9 billion settlement case
By Jef Feeley and BloombergSeptember 28, 2023
Hui Ka Yan
FinanceThe Chinese real-estate billionaire whose firm blew up in disastrous fashion is being watched by police under ‘residential surveillance,’ sources say
By BloombergSeptember 27, 2023
FinanceYellow paid executives $4.6 million in bonuses for bankruptcy wind-down as 30,000 employees became jobless
By Jonathan Randles, Amelia Pollard and BloombergSeptember 14, 2023
The CoinsBitcoin bounces back after dipping below $25,000 on concern over FTX dumping crypto assets
By Marco Quiroz-GutierrezSeptember 12, 2023
John J. Ray III testifies in Congress.
CompaniesFTX has reached out to more than 75 bidders as bankrupt crypto exchange considers reboot
By Ben WeissSeptember 11, 2023
Puerto Rico heat
EnvironmentPuerto 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 PressSeptember 8, 2023
a picture of Queen Victoria's statue outside the Birmingham City Council Town Hall
EuropeBritain’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 Prarthana PrakashSeptember 6, 2023
FinanceHigher interest rates sent business bankruptcies soaring 17% from the previous month in the latest sign of economic trouble
By Steven Church and BloombergSeptember 5, 2023
Sam Bankman-Fried leaves a courthouse in NYC.
CompaniesFTX customers can’t catch a break: Hackers are targeting those trying to recoup funds from bankrupt crypto exchange
By Ben WeissAugust 29, 2023
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