Bankruptcy

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Michaels is snapping up Joann Fabrics’ intellectual property and fan-favorite labels after the former cult-favorite retail darling’s bankruptcy disaster
Retail

Michaels is snapping up Joann Fabrics’ intellectual property and fan-favorite labels after the former cult-favorite retail darling’s bankruptcy disaster

By Wyatte Grantham-Philips and The Associated Press
June 6, 2025
Red Lobster CEO sitting in restaurant
Leadership

Red Lobster’s 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 bold moves he’s cooking up for the seafood chain’s comeback

By
June 5, 2025
Northvolt to stop production at end of June without buyer
Tech

Northvolt to stop production at end of June without buyer

By Rafaela Lindeberg and Bloomberg
May 22, 2025
Leonard Schleifer
Health

Regeneron is buying 23andMe out of bankruptcy for $256 million

By Michelle Chapman and The Associated Press
May 19, 2025
Retired child welfare worker, 73, about to be hit again with 40-year-old student loan debt—’They said, ‘Move to a cheaper state”
Personal Finance

Retired child welfare worker, 73, about to be hit again with 40-year-old student loan debt—’They said, ‘Move to a cheaper state”

By Matt Sedensky and The Associated Press
May 15, 2025
WeightWatchers files for bankruptcy as it struggles for a place in a weight loss world dominated by Ozempic and Wegovy
Finance

WeightWatchers files for bankruptcy as it struggles for a place in a weight loss world dominated by Ozempic and Wegovy

By
May 7, 2025
The company behind the Solo Stove just got delisted from the New York Stock Exchange after its stock was trading at an ‘abnormally low price’
Retail

The company behind the Solo Stove just got delisted from the New York Stock Exchange after its stock was trading at an ‘abnormally low price’

By Alex Vuocolo and Retail Brew
April 29, 2025
Jefferies boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him
Leadership

Jefferies boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him

By
April 16, 2025
Helicopter sightseeing company whose chopper crash off Manhattan killed 6 is shutting down immediately
Finance

Helicopter sightseeing company whose chopper crash off Manhattan killed 6 is shutting down immediately

By Jake Offenhartz and The Associated Press
April 14, 2025
Publishers Clearing House Prize Patrol Delivers Prize
Finance

Publishers Clearing House using bankruptcy to pivot away from legacy business of direct-mail, retail merchandise and magazine subscriptions

By Wyatte Grantham-Philips and The Associated Press
April 11, 2025
Spirit Airlines CEO steps down after emergence from bankruptcy
Finance

Spirit Airlines CEO steps down after emergence from bankruptcy

By Mary Schlangenstein and Bloomberg
April 7, 2025
A sign at the 23andMe headquarters
Leadership

These are the people who want to buy 23andMe

By
April 1, 2025
Hooters was dumped by its NASCAR team and sued for only hiring ‘Hooters Girls’ to serve customers. Now it’s filed for bankruptcy
Finance

Hooters was dumped by its NASCAR team and sued for only hiring ‘Hooters Girls’ to serve customers. Now it’s filed for bankruptcy

By Elaine Kurtenbach and The Associated Press
April 1, 2025
Northvolt cuts workforce to 1,700 as part of bankruptcy process
Finance

Northvolt cuts workforce to 1,700 as part of bankruptcy process

By Charles Daly and Bloomberg
April 1, 2025
An aisle with rows of colorful fabric at Joann Fabric.
Newsletters

How staffing cuts hurried the demise of crafting powerhouse Joann Fabrics

By
March 31, 2025

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