Browsing: Bankruptcy
Oakland accidentally publishes draft report saying city is nearly bankrupt before swapping it with official document
A financial report warning of impending bankruptcy was accidentally released by Oakland city officials last week before it was quickly…
In the business world, as in any relationship, trust is everything. Companies have long recognized that brand reputation and customer…
Casual restaurant chain TGI Friday’s Inc. filed for bankruptcy protection after struggling to turn around a business pressured by increasingly…
Shares of Spirit Airlines soared roughly 35% Wednesday morning on news fellow budget airline Frontier is exploring a renewed bid…
Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the…
Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos
Red Lobster has had a fishy few months. In May, the seafood chain filed for bankruptcy after more than 50…
Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a…
Jeffries boss Richard Handler shares email sent to Lehman Brothers’ CEO on the day it collapsed—and the lessons it taught him
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…
Sanders vows contempt if CEO refuses to answer on getting ‘fabulously wealthy’ while hospitals went bankrupt
Vermont U.S. Sen. Bernie Sanders said Wednesday he is prepared to pursue contempt charges against Steward Health Care CEO Ralph…











