Newsroom Headlines

Corporate bankruptcies are edging back up after a two-year lull as pressures in the economy grow, a situation sure to worsen if the nation’s political leaders fail to reach a deal to prevent the

The national organization behind Black Lives Matter is facing bankruptcy after plummeting $8.5 million into debt last year, RadarOnline.com reported. In a development coming almost four years after

Priority Technology Holdings plans to acquire Plastiq, which filed for chapter 11 bankruptcy protection yesterday, pymnts.com reported. Priority has entered into a definitive agreement to acquire most

WeWork Inc. CFO Andre Fernandez intends to resign on June 1, the company said yesterday, less than a year into the role and days after top boss Sandeep Mathrani announced his exit from the workspace

A restructuring plan for bankrupt Bitcoin miner Core Scientific could be finalized by September and it expects to exit proceedings with an additional $46 million due to recent favorable market

Large companies have successfully emerged from bankruptcy before. However, it has never been done by any entity in a situation like the one FTX has found itself in, according to a Blockworks analysis

U.S. prosecutors are reviewing stock trading by some of First Republic Bank's employees during the lender's recent collapse, Bloomberg Law and Reuters reported. The Justice Department is looking into

Movie theater giant and Regal owner Cineworld said today that it now expects to emerge from chapter 11 bankruptcy in July, according to The Hollywood Reporter. The second-largest exhibitor in the

Telecommunications and power contractor QualTek Services Inc. filed for bankruptcy yesterday, armed with a restructuring deal that could slash $307 million of the company's $625 million debt, Reuters

Bankrupt Purdue Pharma received a U.S. judge’s permission to sell its consumer health business for $397 million to a subsidiary of Arcadia Consumer Healthcare, Reuters reported. Bankruptcy Judge Sean