bankruptcy
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Tech
Crypto mogul Alex Mashinsky sentenced to 12 years in prison over Celsius fraud
Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years…
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Opinion
NYC is faltering — and a bailout from Washington is highly unlikely
This month marks the 50th anniversary of the New York City fiscal crisis of 1975. After years of budgetary and…
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Life Style
I studied Hooters girls — what I learned about their well-being
It’s the end of an era. On March 31, Hooters filed for bankruptcy — not long after shuttering dozens of…
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Tech
Roomba maker iRobot warns it may go out of business, sending shares plunging
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability…
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Tech
FTX to finally repay customers after bankruptcy plan gets court approval
FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up…
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Business
Red Lobster’s new CEO Damola Adamolekun admits the endless shrimp deal caused “chaos”
Red Lobster’s new CEO Damola Adamolekun admitted that its $20 endless shrimp offering — which contributed to the restaurant filing…
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Business
Spirit Airlines shares rocked by possible bankruptcy filing
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways,…
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Business
J&J subsidiary files for bankruptcy again to settle talc lawsuits
A Johnson & Johnson subsidiary filed for bankruptcy protection for the third time in an effort to resolve the tens of…
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Business
Tupperware files for bankruptcy as its colorful containers lose relevance
Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, giving in to dwindling demand…
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Business
Tupperware planning to file for bankruptcy as it struggles with $700M debt: report
Tupperware Brands is preparing to file for bankruptcy as soon as this week, Bloomberg News reported Monday, citing people with knowledge of…
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