The bookstore retail sector has shrunk significantly over the last 25 years as Amazon and other online sales decimated ...

Spirit Airlines has obtained pledges from its leading lenders to provide up to $300 million in financing for operations after ...

The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...

The former CEO and CFO "concluded their respective tenures" when the company completed its financial restructuring.

Independence Contract Drilling eliminated more than $197 million of convertible debt in the restructuring process.

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.

Books Inc. announced on its website that it filed a voluntary petition for reorganization under Chapter 11 in U.S. Bankruptcy Court for the Northern District of California.

Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...

Vertex Energy has emerged as a privately held company after emerging from Chapter 11 bankruptcy. The company company filed for protections in 2024 after spending on equipment ...

Brazilian airline Gol released a revised five-year strategic plan on Wednesday as it prepares to exit Chapter 11 bankruptcy ...

Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies ...