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Bankruptcy

Page 8 of 35
Philadelphia university shuts without warning, leaving 1,300 students with nowhere to go: ‘It kind of just saps your motivation to do anything’
Finance
Philadelphia university shuts without warning, leaving 1,300 students with nowhere to go: ‘It kind of just saps your motivation to do anything’
By Michael Rubinkam, Maryclaire Dale and The Associated PressJune 18, 2024
Sen. Ed Markey (D-MA), Chair of the Senate Health, Education, Labor, and Pension (HELP) Committee's Subcommittee on Primary Health & Retirement Security, speaks during a news conference on the Right to Contraception Act outside the U.S. Capitol on June 5, 2024 in Washington, DC.
Health
Senator blasts ‘gross financial mismanagement’ at hospital chain that filed for bankruptcy, seeking to protect pay and benefits for 30,000 workers
By Steve LeBlanc and The Associated PressJune 17, 2024
Alex Jones
Finance
Alex Jones’ assets will be sold to pay a $1.5 billion debt to families of the Sandy Hook massacre victims
By Dave Collins, Juan Lozano and The Associated PressJune 14, 2024
Group of young people having breakfast at a common kitchen
Finance
Co-living seemed like a perfect solution to the Gen Z and millennial housing shortage—but the closure of yet another pioneer reveals an uncertain future
By Seamus WebsterJune 10, 2024
A Rite Aid storefront.
Finance
Rite Aid’s lenders won’t let it exit bankruptcy unless CEO takes a cut on $20 million payout
By Reshmi Basu and BloombergJune 6, 2024
Adam Neumann
Finance
Deflated ‘unicorn’ CEO Adam Neumann surrenders after judge kills his attempt to buy back WeWork
By Dylan SloanMay 28, 2024
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 PressMay 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 BloombergMay 21, 2024
Red Lobster files for bankruptcy
Finance
Red Lobster files for bankruptcy
By Chris MorrisMay 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 BloombergMay 18, 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 Prarthana PrakashMay 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 BloombergMay 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 PressMay 7, 2024
Healthcare bankruptcy
Finance
Private equity is bankrupting American healthcare firms—literally
By Maia Anderson, Healthcare Brew and Morning BrewMay 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 Prarthana PrakashMay 3, 2024
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Success
Disney offered a 13-year-old $2 million to sing in ‘The Lion King.’ His mom took $100K plus royalties instead. He’s still getting paid 34 years laterplaceholder alt text
By Orianna Rosa RoyleOctober 9, 2026
Success
Jeff Bezos says a 3-day workweek and more single-income households are on the way thanks to AI: ‘It’s going to be difficult to hire people’placeholder alt text
By Preston ForeOctober 9, 2026
Big Tech
‘Everybody knows you’re out of touch’: Palantir CEO Alex Karp says his own exec told him to stop hyping Foundryplaceholder alt text
By Joshua HongOctober 8, 2026
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