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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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5 mins read

Rudy Giuliani interrupts his own bankruptcy hearing, yelling it's 'defamatory' to accuse him of bankruptcy fraud

Giuliani, recently disbarred, erupted during his bankruptcy hearing — but he may actually score a l…

Jacob Shamsian   


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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

Fisker founder cuts salary to $1 to cover bankruptcy costs

Fisker, once valued as much as $8 billion, filed for bankruptcy in June after efforts to find a buy…

Tom Carter   


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2 mins read

Embattled EV startup Fisker files for bankruptcy

EV startup Fisker said it was filing for bankruptcy after months of warning it could go out of busi…

Grace Kay,Tom Carter   


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2 mins read

The Gateway Pundit just had its bankruptcy dismissed. Now, the far-right blog will face defamation lawsuits that threaten its future.

The Gateway Pundit tried to use bankruptcy to end its defamation cases. A judge refused to allow it.

Jack Newsham   


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2 mins read

More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process

The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief…

Ayelet Sheffey   


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3 mins read

I'm 30 and already have $50,000 in credit card debt. Declaring bankruptcy is my only way out.

The writer struggled financially in NYC, so she racked up $50,000 in credit card debt. Declaring ba…

Nicole Kempster   


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4 mins read

Rudy Giuliani scores rare legal win as judge dismisses bankruptcy case but it comes with a huge asterisk

Giuliani can now appeal a $148 million judgment, but it comes with a big asterisk: He can't seek ba…

Jacob Shamsian   


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2 mins read

Redbox's parent company stopped paying employees for over a week before finally filing for bankruptcy

Redbox's owner, Chicken Soup for the Soul Entertainment, filed for bankruptcy protection on June 28…

Lauren Edmonds   


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3 mins read

Two luxury rivals are joining forces — and Amazon is getting in on the action

Saks Fifth Avenue's takeover of rival department store company Neiman Marcus for $2.65 billion show…

Madeline Berg   


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2 mins read

Why your local pharmacy may be closing

Walgreens is closing a "significant" number of US stores. CEO Tim Wentworth said the industry is "l…

Dominick Reuter   


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6 mins read

Jacob Shamsian   


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11 mins read

Inside the downfall of Henrik Fisker's second automotive startup, which just filed for bankruptcy

Business Insider spoke with 27 current and former Fisker staff who charted the startup's downfall.

Grace Kay   


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2 mins read

The US economy is headed into a corporate bankruptcy cycle that will spike unemployment, veteran forecaster says

Large bankruptcies are on track to surpass their peak during the pandemic, according to Danielle Di…

Jennifer Sor   


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2 mins read

The $7 billion Purdue bankruptcy plan giving the Sacklers immunity from more lawsuits gets nixed by Supreme Court

A 5-4 split among Supreme Court justices just killed Purdue Pharma's bankruptcy plan — and th…

Jack Newsham   


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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