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You Searched For "Bankruptcy" and got 20 results


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3 mins read

Elon Musk is mourning Red Lobster's bankruptcy too

The seafood restaurant chain said on Sunday that it had filed for bankruptcy.

Kwan Wei Kevin Tan   


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1 min read

Red Lobster just filed for bankruptcy but it's not going to disappear

Red Lobster announced it was filing for Chapter 11 bankruptcy protection but said its restaurants w…

Pete Syme   


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1 min read

Red Lobster could file for bankruptcy this month following the closure of 50+ stores: WSJ

Red Lobster could file for Chapter 11 bankruptcy protection in Orlando in May. The company's financ…

Hannah Getahun   


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1 min read

The rise and fall of Red Lobster, whose bottomless shrimp may be leading to bankruptcy

The seafood chain, which has been operating for about 56 years, has weathered its fair share of sto…

Erin McDowell   


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3 mins read

I went shopping at Express and saw firsthand why the retailer has filed for bankruptcy

Express has been a clothing staple in US malls for years. I went to check out the clothes and what …

Jordan Hart   


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1 min read

Bankruptcies are spiking as companies lose hope of rate cuts

April notched the highest number of bankruptcies in a year as businesses give up on a quick Fed piv…

Filip De Mott   


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2 mins read

Fisker is closing its Manhattan Beach headquarters, employees say

Fisker has begun to close down its Manhattan Beach office, the site of the company's headquarters, …

Grace Kay   


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3 mins read

These are all the Red Lobster restaurants the company wants to close

Red Lobster said that the leases on the restaurants were "likely to continue to drive losses" for t…

Grace Dean   


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2 mins read

Red Lobster's owner once said the business left such a 'big scar' on him that he had to 'stop eating lobster'

Red Lobster's executive offices were left empty after a consultant told Thai Union CEO Thiraphong C…

Kwan Wei Kevin Tan   


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1 min read

I tried Red Lobster's $30 endless shrimp for the first time. I see why the deal might have led to the chain's bankruptcy.

However, inflation and the rising cost of seafood meant Red Lobster would raise the price of Endles…

Erin McDowell   


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2 mins read

Red Lobster superfans desperately want a piece of the bankrupt chain

The company in charge of auctioning off items from 52 shuttered Red Lobster locations had hundreds …

Grace Eliza Goodwin   


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2 mins read

Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.

Red Lobster's new CEO questioned the company's purchasing processes, including from its owner and s…

Meghan Morris   


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2 mins read

Laid-off Red Lobster workers vent online after 50 locations abruptly close

More than 50 Red Lobster restaurants in the US closed this week amid financial troubles at the comp…

Grace Dean   


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2 mins read

Red Lobster is closing down over 50 locations, and everything must go

Red Lobster is closing over 50 locations across the US, per restaurant liquidator TAGeX Brands. Loc…

Hannah Getahun   


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4 mins read

It's already hard to get your Fisker fixed. Bankruptcy could make it impossible.

Fisker has warned it faces the possibility of bankruptcy. Fisker Ocean owner are worried what that …

Grace Kay,Nora Naughton   


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2 mins read

DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

A combination of policy changes such as bankruptcy law and taxation code and the enabling environme…

PTI   


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6 mins read

The demise of Red Lobster is a perfect case study in how to kill a business

Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-ea…

Emily Stewart   


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6 mins read

Chain restaurants like Chili's are coming for fast-food giants in the latest bout of the value wars

Fast-food prices are climbing, and chain restaurants like Chili's are coming for fast-food giants w…

Erin McDowell   


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3 mins read

Justice Department calls for dismissal of the Corizon bankruptcy

Sen. Elizabeth Warren applauded the DOJ's intervention, saying, "Corizon does not belong in a bankr…

Dakin Campbell,Nicole Einbinder   


Ayelet Sheffey