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You Searched For "bankruptcy" and got 20 results


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1 min read

TGI Friday's files for Chapter 11 bankruptcy

In the filing, the company listed both assets and liabilities as between $100 million and $500 mill…

Rebecca Rommen   


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1 min read

I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy

But Big Lots has long marketed itself as a place to find great deals. The company has said that it …

Alex Bitter   


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1 min read

Spirit Airlines to keep flying after filing for bankruptcy protection

Spirit said in a filing announcing bankruptcy protection that it would continue all its normal oper…

Pete Syme   


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2 mins read

Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.

Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer…

Pete Syme   


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1 min read

Read the open letter Spirit Airlines sent to customers after filing for bankruptcy protection

Spirit told passengers they can continue to book flights and travel with the airline following its …

Pete Syme   


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3 mins read

Russia's defense sector is running on overdrive — but firms are warning of bankruptcy

Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…

Thibault Spirlet   


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2 mins read

Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy

A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…

Lian Kit Wee,Will Martin   


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5 mins read

Starbucks and Luckin are in a fight for the global coffee market. I visited both to see how they stack up on price, menu, and vibe.

Starbucks slumped in sales this last quarter. But the Chinese coffee brand, characterized by heavy …

Aditi Bharade   


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3 mins read

Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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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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5 mins read

Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch

Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…

Madeline Berg   


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9 mins read

The end of convenience: What the downfall of Walgreens means for America

Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The…

Emily Stewart   


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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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2 mins read

View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned

View filed for bankruptcy in April three years after going public. CEO Rao Mulpuri has left the now…

Hayley Cuccinello   


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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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2 mins read

More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say

Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…

Ayelet Sheffey   


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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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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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2 mins read

From bankruptcies to price wars, the US freight recession is reshaping the industry

Bankruptcies and aggressive price cuts have defined the freight recession. It may take more default…

Filip De Mott