chapter 11 bankruptcy

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
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
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
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
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
Spirit Airlines jetliners on the tarmac
Newsletters

Spirit Airlines CFO faces ‘uphill battle’ as airline navigates Chapter 11 process

By
November 19, 2024
A man talks to customers sitting in a red TGI Fridays booth.
Retail

TGI Fridays is worried it won’t have enough cash if customers redeem $50 million in outstanding gift cards that don’t expire

By
November 5, 2024
shuttered TGI Fridays
Finance

TGI Friday’s is the latest fast-casual dining chain to go bankrupt

By Jonathan Randles and Bloomberg
November 2, 2024
Children sit with backpacks, books, and suitcases as a woman talks with them near check-in desks for Spirit Airlines.
Finance

Spirit Airlines shares surge 35% on news of possible merger with Frontier

By
October 23, 2024
Tupperware party fades as iconic food container firm files for bankruptcy
Finance

Tupperware party fades as iconic food container firm files for bankruptcy

By
September 18, 2024
Warren Buffett with Wilbur Ross (center).
Finance

My run-in with Warren Buffett involved a bankrupt textile mill—I outbid him, but he held no grudge: Wilbur Ross

By
September 9, 2024
Photo of Damola Adamolekun
Success

Red Lobster’s new leader is a millennial Wall Street fave who doesn’t believe in work-life balance

By
August 26, 2024
Fisker electric car on display
Finance

U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarm bells piling up

By
July 13, 2024
Redbox kiosk near ice machine
Finance

The owner of Redbox DVD kiosks just filed for bankruptcy, saying results ‘failed to meet management’s expectations’

By Jeremy Hill and Bloomberg
June 29, 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 Press
June 14, 2024

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