Bankruptcy

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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
Scissors cut through the Joann logo
Retail

How Joann Fabrics went from a cult-favorite retail darling to a bankruptcy disaster 

By
March 29, 2025
23andMe headquarters in Mountain View, Calif.
Retail

23andMe says it won permission from a judge to sell customers’ medical and ancestry data. Here’s how to delete yours

By
March 28, 2025
Anne Wojcicki, former CEO of 23andMe, speaks on stage in 2020
Leadership

From $6 billion unicorn to bankrupt cautionary tale: The story of 23andMe

By
March 24, 2025
Northvolt—Europe’s only chance to match U.S. and Asia’s battery production—files for bankruptcy in Sweden
Finance

Northvolt—Europe’s only chance to match U.S. and Asia’s battery production—files for bankruptcy in Sweden

By
March 12, 2025
Tesla to acquire part of bankrupt German automotive supplier Manz—in a move to rescue hundreds of jobs in the region
Retail

Tesla to acquire part of bankrupt German automotive supplier Manz—in a move to rescue hundreds of jobs in the region

By
February 26, 2025
Defunct crypto exchange FTX begins to repay customers—but they’ll only get back a fraction of their crypto holdings
Companies

Defunct crypto exchange FTX begins to repay customers—but they’ll only get back a fraction of their crypto holdings

By
February 19, 2025
A sheet is draped over a Nikola truck
Finance

Elon Musk once called EV maker Nikola ‘staggeringly dumb.’ The one-time Wall Street darling just filed for bankruptcy

By Michelle Chapman and The Associated Press
February 19, 2025
So long, Billabong. Virtually all Quiksilver, Billabong, and Volcom stores are shutting down in the U.S., and roughly 1,400 employees will be laid off
Retail

So long, Billabong. Virtually all Quiksilver, Billabong, and Volcom stores are shutting down in the U.S., and roughly 1,400 employees will be laid off

By
February 6, 2025
President-elect Donald Trump speaks to members of the media during a press conference at the Mar-a-Lago Club on January 7th.

EV startup Canoo files for bankruptcy right before Donald Trump’s inauguration

By
January 20, 2025
Alex Jones-linked company doubles offer to buy Infowars to $7 million after failed bankruptcy auction
Finance

Alex Jones-linked company doubles offer to buy Infowars to $7 million after failed bankruptcy auction

By Dave Collins and The Associated Press
January 14, 2025
Rudy Giuliani exits a federal courthouse, grimacing
Politics

Lawyers say Rudy Giuliani must surrender his three World Series rings to pay the $148 million he owes to the Georgia election workers he defamed

By Larry Neumeister and The Associated Press
January 8, 2025
Ray Blanchette rests his arm on a bar and looks at the camera
Retail

TGI Fridays’ ex-CEO—who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks—will step up to oversee hundreds of locations post-bankruptcy

By
January 3, 2025

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