Newsroom Headlines

Private jet company Wheels Up announced yesterday that its founder and CEO, Kenny Dichter, is stepping down from his post immediately as the company faces mounting losses and the potential for

Indicted FTX founder Sam Bankman-Fried has renewed his attacks on the bankrupt cryptocurrency exchange’s law firm as he mounts his defense against a raft of fraud, money laundering and campaign

An attorney who represents survivors of sexual abuse in the Archdiocese of New Orleans bankruptcy is asking a newly appointed federal judge to toss out rulings from U.S. District Judge Greg Guidry

A Republican senator accused President Joe Biden of “mortgaging our country’s financial health” by extending a pause in student loan payments while he pursues a plan to cancel some of the loan debt

Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and-stock transaction valued at about $4 billion, the companies said yesterday, according to the Associated Press. Mattress

Bittrex and several affiliates went bankrupt on Monday after its U.S. operations were shut down at the end of April in response to a regulatory crackdown, Bloomberg News reported. The bankruptcy

Facing hundreds of lawsuits over sexual abuse claims, the Roman Catholic Bishop of Oakland, Calif., filed for bankruptcy on behalf of the diocese, saying he hopes to “stabilize” the church’s finances

Weight loss brand Jenny Craig has begun liquidating its operations in the U.S. after efforts to ease a cash crunch fell short, Bloomberg News reported. Jenny C Holdings LLC and affiliates filed for

Summit Restaurant Holdings, a group of CKE franchisees that operated over 145 Hardee’s restaurants in eight states at its peak, filed for chapter 11 bankruptcy protection in the U.S. Bankruptcy Court

Tupperware Brands Corp., which has warned of a possible bankruptcy, said on Monday it signed on investment bank Moelis & Co LLC to help explore strategic alternatives, and added it has also found