Newsroom Headlines

Virgin Orbit’s ignominious journey into bankruptcy could have been prevented with better leadership, Fortune reported. In a letter sent to staff, senior executive Tony Gingiss appeared to lay the

A report from Maryland Attorney General Anthony Brown alleges that 156 Catholic clergy members and others abused at least 600 children over the course of more than six decades, CNN reported. “From the

The collapse of crypto exchange FTX and its grant-making body, the FTX Future Fund, has left some researchers at top universities without the funds they were promised and others trying to repay grants

The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by services businesses fell to the lowest in nearly three years, giving the Federal Reserve

The top creditor of Robin Lehner accused the Vegas Golden Knights goaltender of fraud in obtaining the debt and asked a bankruptcy court to require him to pay what he owes the lender, The Athletic

Sinclair Broadcast Group said that it will reorganize its various businesses under a new holding company called Sinclair Inc., TheDesk.net reported. The company, which has earned the affectionate

KKR & Co.’s Envision Healthcare Corp. is in negotiations with some of its creditors after missing a March deadline to report its quarterly financials, WSJPro Bankruptcy reported. The Nashville, Tenn

Consulting firm McKinsey & Co. is winding down its bankruptcy practice after numerous lawsuits and government investigations concerning the division’s work advising troubled borrowers, The Wall Street

Federal appeals court judges appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over allegedly defective military

Johnson & Johnson has threatened to use a second bankruptcy filing to shield itself from thousands of cancer lawsuits related to its talc-based baby powder, lawyers representing the complainants said