Newsroom Headlines

A cybersecurity company founded by former Pentagon brass said in a regulatory filing that it would furlough most of its workers and explore options including bankruptcy reorganization or liquidation

Sam Bankman-Fried yesterday lost his bid to be freed immediately from a Brooklyn jail so he could prepare better for his criminal trial, less than a month away, over the collapse of his FTX

SEPTA may lose the $24 million it spent on structurally flawed Proterra electric battery buses now that the troubled manufacturer has filed for bankruptcy, the Philadelphia Inquirer reported. The 25

Four creditors on Thursday filed an involuntary bankruptcy petition against the owner of the shuttered South City Hospital in south St. Louis, the St. Louis Business Journal reported. The chapter 11

The Mitchell Gold Co. has filed for protection under chapter 11 of the U.S. Bankruptcy Code listing assets and liabilities of between $10 million and $50 million, Furniture Today reported. The company

Bank OZK had two branches in rural Arkansas when chief executive officer George Gleason bought it in 1979. The Little Rock lender today has billions of dollars in commercial real-estate loans

Health-insurance costs are climbing at the steepest rate in years, walloping businesses and their workers, the Wall Street Journal reported. Costs for employer coverage are expected to surge around 6

There were 634 commercial chapter 11 filings registered in August 2023, an increase of 54 percent from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy, the

Bankrupt electric vehicle manufacturer Lordstown Motors has proposed to pay nothing for Taiwan's Foxconn's preferred equity shares, saying it will prioritize other shareholders if an ongoing sales

Mercy Iowa City has expanded an existing employee benefit and temporarily suspended three other benefit programs as it navigates its bankruptcy process, Becker's Hospital Review reported. In a