The fast-food industry has faced financial distress since the Covid-19 pandemic derailed the sector in 2020 as many ...

Still, this restaurant chain defied all odds and refused to let any major setbacks hinder its comeback. Related: Popular ...

Spirit Airlines, which filed for bankruptcy in November, has given investors a peek into its ongoing reorganization. As part ...

At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an ...

Insolvent German electric aircraft manufacturer Lilium is to receive €200 million ($206 million) from the investor consortium ...

Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic ...

Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...

Cancun-based Mera Corp. outbid former Fridays’ CEO Ray Blanchette for a group of nine locations, including five at the Dallas ...

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

When David Feldman of Bare Knuckle Fighting Championship held his first bare-knuckle boxing event in 2011, a staggering ...