Tags: Bankruptcy
States Challenge 23andMe Over Genetic Data Sale in Bankruptcy Deal
States sue to halt Regeneron's 23andMe acquisition, citing privacy concerns over user DNA data, as a court-ordered report on the deal's impact looms.
Hooters Restaurant Closures Hit Seven States Amid Financial Trouble
Hooters closes over 30 restaurants in seven states amid bankruptcy and financial challenges.
WeightWatchers Faces Bankruptcy as Users Turn to Prescription Weight Loss Meds
WeightWatchers files for bankruptcy as weight loss drugs gain popularity, aiming to cut $1.15 billion in debt and shift focus to telehealth services.
Rite Aid Declares Second Bankruptcy in Under Two Years Amid Fierce Competition
Rite Aid files for second bankruptcy in two years amid rising debt and fierce competition.
Latest News
Looks like the end of the road is in sight for Forever 21 as it files for Chapter 11 bankruptcy for the second time in six years.
Joann Fabrics announces the closure of all stores after auctioning its assets, with going-out-of-business sales now underway.
Nikola files for Chapter 11 bankruptcy after struggling with cash flow, leadership changes, and market challenges.
Joann announces the closure of 500 stores after filing for bankruptcy for the second time in a year.
The Indonesian government ensures that 50,000 Sritex employees will not lose their jobs despite the company's bankruptcy.
The company said it had assets and liabilities worth between $1 billion to $10 billion. Conn's HomePlus, a 134-year-old retailer of furniture and electronics, has recently filed for bankruptcy and announced plans to close more than 70 stores nationwide.
Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt.
The expiration of a popular US law on Friday has tightened bankruptcy rules for mid-sized and small businesses.
Rite Aid is closing more than 20 US stores, according to court documents filed this week in its federal bankruptcy case.
Spirit Airlines CEO reassured that they are not considering Chapter 11 bankruptcy following the collapse of its acquisition by JetBlue Airways.