Browsing: Bankruptcy
Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a…
Sixteen years after Lehman Brothers’ collapse, Jefferies CEO Richard Handler has shared the email he sent to the bank’s former…
Red Lobster is betting on a new 35-year-old CEO to turn around its ailing business. The beleaguered seafood chain last…
Vermont U.S. Sen. Bernie Sanders said Wednesday he is prepared to pursue contempt charges against Steward Health Care CEO Ralph…
For food critics, it’s common convention to never post your face on social media, lest you be recognized at a…
Steward Health Care CEO Ralph de la Torre won’t comply with a subpoena to appear before a U.S. Senate committee…
Red Lobster floundered this past year, making headlines after filing for bankruptcy and blaming it at least partly on an…
Fortress Investment Group has appointed the former chief executive officer of P.F. Chang’s to lead Red Lobster when it is…
With funding drying up and valuations plummeting, the once-thriving ecosystem of innovation and risk-taking is now grappling with a stark…
Hertz Global Holdings Inc. reported a worse-than-expected loss after its failed bet on Tesla Inc. electric vehicles weighed on the value of…