Stoli Group and Kentucky Owl move toward liquidation as bankruptcy struggles threaten their U.S. operations.

Azul Airlines gets U.S. court approval for Chapter 11 plan, cutting $2B debt and planning exit by February.

American Airlines moves to receive all filings in Spirit's bankruptcy case as the struggling carrier explores possible merger or sale options.

Dairy Queen rival's franchisee files for bankruptcy, fuelling fears of store closures in low-income communities where packed locations offer affordable jobs and treats.

First Brands CEO resigns amid bankruptcy as $2.3 billion in company funds remain unaccounted for.

Rite Aid closes all stores after second bankruptcy, with prescriptions transferring to other pharmacies.

California-based Greek restaurant chain Opa! files for Chapter 7 bankruptcy, closing all locations and planning asset liquidation.

Spirit Airlines will end service in 12 cities after filing for bankruptcy a second time in less than a year.

Spirit Airlines files for bankruptcy again just months after exiting Chapter 11, citing ongoing financial struggles and weak travel demand.

Claire's is closing nearly 300 stores across the U.S. following bankruptcy, marking the end of an era for a beloved childhood retailer.