Spirit to furlough 1,800 flight attendants in bankruptcy cutback
Sept. 22 (UPI) -- Spirit Airlines plans to furlough 1,800 flight attendants, about one-third of cabin-crew members, to cut costs during its second bankruptcy in…
Damon Dash files for bankruptcy, says he owes $25 million
Damon Dash, the hip-hop mogul and record executive who co-founded Roc-A-Fella Records with Jay-Z and Kareem “Biggs” Burke, detailed dire financial straits as he filed…
Spirit files for bankruptcy, 6 months after emerging from Chapter 11
Aug. 30 (UPI) -- Spirit Airlines announced it filed for bankruptcy, less than six months after emerging from Chapter 11 reorganization. The budget carrier said…
AT&T to buy EchoStar Spectrum licenses for about $23 billion
EchoStar Corp. has agreed to sell spectrum licenses to AT&T Inc. for about $23 billion in a deal that will help the company stay out…
Future of chain Claire’s on UK high streets uncertain after US parent firm files for bankruptcy
FASHION accessories chain Claire's is facing an uncertain future on UK high streets, after its US parent firm filed for bankruptcy.It is the second time…
Dr. Phil’s TV network files for bankruptcy and sues distribution partner
Merit Street Media, the TV network launched last year by talk show host Phil McGraw, has filed for bankruptcy protection from creditors and is suing…
Dr. Phil’s media company files for bankruptcy protection
July 4 (UPI) -- Former daytime television talk show host Phil McGraw's JV Merit Street Media has filed for bankruptcy protection and sued its business…
Del Monte Foods seeks bankruptcy protection as consumers turn away | Business and Economy News
Del Monte’s losses have piled up as consumers choose healthier or cheaper alternatives.Del Monte Foods, the 139-year-old company best known for its canned fruits and…
Won-G Bruny: Was the music promoter’s story too good to be true?
He had the ability to communicate with God, the angels and one of the most powerful spirits in the voodoo religion.This is what Won-G Bruny…
Regeneron buys 23andMe for $256m after bankruptcy | Business and Economy
Sale of genetic testing company raises concerns about privacy of 23andMe’s 15 million customers.Regeneron Pharmaceuticals has bought the genetic testing company 23andMe, a company once…
Gutted | Bankruptcy | Al Jazeera
Fault Lines and Mother Jones investigate how a private equity firm gutted a hospital chain for profit, endangering patients.Fault Lines and Mother Jones magazine investigate…
Rite Aid files for bankruptcy for second time in 18 months
May 5 (UPI) -- Rite Aid on Monday announced it is filing for bankruptcy and looking for a new buyer, just seven months after exiting…
Genetic testing firm 23andme files for bankruptcy protection | Bankruptcy News
Officials, including California’s attorney general, question what will happen to the data collected by the firm.Genetic testing firm 23andMe has filed for Chapter 11 bankruptcy…
Arizona-based EV builder Nikola files for chapter 11 bankruptcy
1 of 2 | On Monday, the Phoenix-based global producer of zero-emission EV’s revealed that the company and certain subsidiaries filed voluntary petitions under chapter…
Fabrics and crafts retailer Joann to close 500 stores amid bankruptcy
Sewing and crafts chain Joann has filed for its second Chapter 11 bankruptcy in less than a year and is closing at least 500 stores…
Spirit rejects Frontier Airlines merger, opts for standalone plan to emerge from bankruptcy
Spirit Airlines Tuesday rejected Frontier's most recent merger proposal, opting to proceed with its own standalone recapitalization without a merger. Spirit is currently in bankruptcy.…
Irish soccer team turned to social causes to escape bankruptcy
The most valuable piece of real estate for a soccer team isn’t on the pitch, it’s on the front of the players’ jerseys, a foot-wide…
Container Store declares bankruptcy but looks toward future with restructuring
Dec. 23 (UPI) -- During what has been a rough year for some big-name American retailers, the CEO of The Container Store said on Monday…
I’m former Real Madrid star who ended up working in a warehouse for £330 a month after bankruptcy and depression battle
FORMER Real Madrid star Predrag Spasic was once destined for glory.But he ended up working in a warehouse for just £330 a month after battling…
US no-frills pioneer Spirit Airlines files for bankruptcy protection | Aviation News
Spirit Airlines, the no-frills US travel pioneer, has filed for bankruptcy protection after struggling with years of losses, failed merger attempts and heavy debt levels,…