Browsing: Bankruptcy
For food critics, it’s common convention to never post your face on social media, lest you be recognized at a…
Bernie Sanders demands answers from CEO accused of loading hospitals with billions in debt and then selling the land underneath
Steward Health Care CEO Ralph de la Torre won’t comply with a subpoena to appear before a U.S. Senate committee…
Red Lobster’s new leader is a millennial Wall Street fave who doesn’t believe in work-life balance
Red Lobster floundered this past year, making headlines after filing for bankruptcy and blaming it at least partly on an…
Red Lobster hopes a millennial CEO will be the leader it needs to claw its way out of bankruptcy
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…
Massachusetts throws $30 million at bankrupt for-profit hospital operator to keep six medical centers running
Massachusetts has agreed to provide about $30 million to help support the operations of six hospitals that Steward Health Care…
States that legalized online sports betting saw bankruptcies and debt collections jump, study says
Online sports betting is increasing consumer stress as access to gambling proliferates, a new study found. A US Supreme Court…
U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarm bells piling up
The number of U.S. companies that filed for bankruptcy last month topped the highs seen during the early stages of…
Rudy Giuliani can’t use bankruptcy to skip out on $150 million in defamation damages, federal judge rules
Rudolph Giuliani’s personal bankruptcy case was thrown out by a federal judge following nearly seven months of stalled progress, leaving…












