Two more big companies, Cheesecake Factory, and Dave & Busters are expected to file for bankruptcy and it will mean that businesses are still struggling even though they are operating during the p...
Chesapeake Energy (CHK) joins the list of bankrupt companies after the company filed for a Chapter 11 bankruptcy on Sunday, making it the biggest oil and gas company to seek bankruptcy protection in r...
The 194-year old department store, Lord & Taylor recently filed for bankruptcy. Before the emergence of the coronavirus pandemic, the department store was struggling financially until the pandemi...
Hertz global holding Inc (HTZ) operates a car rental service and it's been around since 1918. The company is trading under stock symbol HTZ, its market cap is $404 million. Hertz stock was tradin...
Brooks Brothers is a storied apparel brand founded in 1818. The retailer which is one of the oldest and most prestigious apparel retailers in the UK filed for Chapter 11 bankruptcy protection on Wedne...
Breaking news. The coronavirus damage and other financial issues continue to kill businesses and this time it's affecting Pizza Hut's (YUM) biggest franchise group NPC international. N...
KEY POINTS* Spirit Airlines CEO said customers can continue to book tickets on the airline.* Spirit has struggled since its failed acquisition by JetBlue Airways, a Pratt & Whitney engine reca...
Hertz Global (HTZ) shares fell on Tuesday after the company’s announcement of seeking debtor-in-possession financing following its failed share sale plan. Shares of Hertz were down nearly 2% to $1.6...
Chapter 11 is a bankruptcy filing with the SEC which is undertaken by any company which cannot pay its creditors and is therefore bankrupt. The Chapter 11 filing provides bankruptcy protection to the ...
China's Evergrande Group, renowned for being the world's most heavily indebted property developer, has taken a significant step to rectify its financial troubles. The company has opted for bankruptcy ...