Bankruptcy

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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
Sam Bankman-Fried leaves a courthouse in NYC.
Companies

FTX customers can’t catch a break: Hackers are targeting those trying to recoup funds from bankrupt crypto exchange

By
August 29, 2023
Workers at bankrupt retail chain were promised a bonus to show up during its liquidation sale. But now they won’t be paid
Retail

Workers at bankrupt retail chain were promised a bonus to show up during its liquidation sale. But now they won’t be paid

By Steven Church and Bloomberg
August 16, 2023
More than 700,000 people use WeWork offices. What happens to them if the company shuts down? 
Tech

More than 700,000 people use WeWork offices. What happens to them if the company shuts down? 

By
August 14, 2023
Trucking giant Yellow files for Chapter 11 bankruptcy—it owes the U.S. government over $700 million
Finance

Trucking giant Yellow files for Chapter 11 bankruptcy—it owes the U.S. government over $700 million

By
August 7, 2023
Royal Courts of Justice

An alleged gangster just applied to put a British bungalow billionaire into bankruptcy

By Lucca de Paoli, Irene García Pérez and Bloomberg
August 4, 2023
Yellow trucking
Finance

Trucking giant Yellow’s bankruptcy punches a $5 billion hole in the industry, with 30,000 jobs at stake

By Thomas Black and Bloomberg
July 31, 2023
Yellow
Finance

Orange-themed trucking giant Yellow is so far in the red it has ceased operations and filed for bankruptcy, Teamsters union says

By Wyatte Grantham-Philips and The Associated Press
July 31, 2023
Yellow trucking
Finance

Orange-themed trucking giant Yellow is on the brink of bankruptcy just a few years after taking a $700 million government bailout

By Wyatte Grantham-Philips and The Associated Press
July 29, 2023
Caroline Ellison paid herself $22.5 million bonus around the time she estimated a more than $10 billion cash shortfall at FTX, lawsuit alleges
Tech

Caroline Ellison paid herself $22.5 million bonus around the time she estimated a more than $10 billion cash shortfall at FTX, lawsuit alleges

By
July 21, 2023

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