Bankruptcy

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Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
Finance

Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers

By Ken Sweet and The Associated Press
May 23, 2024
Seafood supplier denies a role in endless-shrimp brouhaha with Red Lobster
Retail

Seafood supplier denies a role in endless-shrimp brouhaha with Red Lobster

By Jonathan Randles and Bloomberg
May 21, 2024
Red Lobster files for bankruptcy
Finance

Red Lobster files for bankruptcy

By
May 20, 2024
a bitcoin is disintegrating
The Coins

Bankrupt crypto lender Genesis gets OK to return billions in tokens and cash to creditors, meaning parent firm DCG ‘is out of the money’

By Jonathan Randles and Bloomberg
May 19, 2024
cars lined up in a cazoo showroom
Finance

British used car startup Cazoo was once worth $7 billion. It’s since lost nearly 100% of its value and is flirting with bankruptcy—what went wrong?

By
May 10, 2024
Bed Bath & Beyond storefront
Finance

Bed Bath & Beyond sues Hudson Bay, claiming hedge fund’s ‘funny math’ swiped $300 million from now-bankrupt retailer

By Miles Weiss, Eliza Ronalds-Hannon and Bloomberg
May 9, 2024
Roger Krone
Leadership

Boy Scouts no more: Organization changes name to Scouting America as it exits bankruptcy after storm of controversy

By Jamie Stengle and The Associated Press
May 7, 2024
Healthcare bankruptcy
Finance

Private equity is bankrupting American healthcare firms—literally

By Maia Anderson, Healthcare Brew and Morning Brew
May 3, 2024
people walking down a street in Birmingham
Lifestyle

Europe’s largest local authority went bankrupt over equal-pay claims worth nearly $1 billion. Turns out, it may not bleed too much money after all

By
May 3, 2024
An aerial view of Gamla Stan district after snowfall in downtown of Stockholm, Sweden
Finance

Swedish companies are going bust at a ‘remarkable’ rate, with bankruptcies up 72% since last year

By Niclas Rolander and Bloomberg
May 2, 2024
Former MedMen CEO Adam Bierman at the 2018 opening of the company's Venice Beach retail location.
Finance

MedMen’s spectacular collapse is complete: Just six years after earning a whopping $3 billion valuation, the onetime legal cannabis darling has declared bankruptcy

By
April 29, 2024
After Cirque du Soleil’s daring, high-wire comeback, its CEO is aiming for new heights
Features

After Cirque du Soleil’s daring, high-wire comeback, its CEO is aiming for new heights

By
April 24, 2024
Crowds walk by Express in a mall
Retail

Onetime mall favorite Express files for bankruptcy as its officewear crashes into the hybrid-work world

By Irina Ivanova and The Associated Press
April 22, 2024
FTX just sold nearly $2 billion of SOL at a steep discount. Here’s what that means for creditors
Companies

FTX just sold nearly $2 billion of SOL at a steep discount. Here’s what that means for creditors

By
April 5, 2024
Black and white picture of a Tupperware party
Finance

Tupperware warns it could go out of business within a year

By
April 1, 2024

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