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Online Retailer Overstock Rebranding as Bed Bath & Beyond

Overstock.com intends to sunset its company name and rebrand as Bed Bath & Beyond after purchasing that company's intellectual property assets in bankruptcy, Overstock CEO Jonathan Johnson said on

DOL Investigating Postal Service Contractor Ameritrans Express Amid Bankruptcy Filing

Ameritrans Express LLC, a contract delivery service for the U.S. Postal Service, has filed for chapter 11 bankruptcy amid claims by some of its contractors that they have not been paid since March

Senator Warren Questions Goldman's Role in SVB Failure

Senator Elizabeth Warren has questioned Goldman Sachs' role in the failure of Silicon Valley Bank (SVB) and the profits it allegedly made in the process, Reuters reported. "Goldman Sachs, serving as

Tattooed Chef Files for Bankruptcy After Plant-Based Business Fails to Raise New Funds

U.S. plant-based food business Tattooed Chef is seeking a buyer after failing to raise funds to secure its future, Just Food reported. The private-label and branded manufacturer, set up in 2018, plans

Boston-Based Cruise Company Vantage Files for Bankruptcy, Agrees to Sell to United Travel Pte. Ltd.

Luxury cruise company Vantage Deluxe World Travel is filing for bankruptcy and selling its operation, amid ongoing investigations, lawsuits, and hundreds of consumer complaints, Boston25news.com

Rapper 50 Cent Loses Appeal in $32 Million Case Against Ex-Lawyers

A bankruptcy court was right to throw out a $32 million lawsuit by rapper Curtis "50 Cent" Jackson against his former law firm, a federal judge in New Haven, Connecticut, ruled on Friday, Reuters

Consumer Spending Stalled Last Month

Consumer spending slowed sharply last month — good news for policymakers worried about inflation, but also a sign that a crucial engine of the economic recovery could finally be losing steam, the New

U.S. Regulator Considers Limiting Big Banks’ Borrowing From Backstop Lender

U.S. officials are considering limits on the ability of large lenders to use Federal Home Loan Banks as a financial backstop, part of a broader proposal to overhaul the system, Bloomberg News reported

Supreme Court to Decide Legality of SEC In-House Enforcement

The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden's administration to defend certain Securities and Exchange Commission in-house enforcement proceedings in a case that could

Federal Board Approves $12.7 Billion Budget for Puerto Rico as Island Shakes Off Bankruptcy

A federal control board that oversees Puerto Rico’s finances on Friday approved a $12.7 billion general fund budget that contains increases for teachers, judicial employees and the U.S. territory’s