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Business & EconomyThe restaurant closed on Monday one month after filing for bankruptcy protection.
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Business & EconomyDiamond owns 18 networks under the Bally Sports banner. Those networks have the rights to 37 professional teams — 11 baseball, 15 NBA and 11 NHL.
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The luxury chain known for its extravagant Christmas Book catalog had been losing money before the pandemic. The move follows J.Crew's bankruptcy filing on Monday, foreboding potentially more to come.
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The clothing retailer's troubles predate the health crisis. Other stores, like J.C. Penney and Neiman Marcus, are also struggling to survive extended closures.
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The Boy Scouts of America has $1.4 billion in assets. The organization says it will use the Chapter 11 process to create a trust to provide compensation for victims.
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The popular fashion retailer is the latest in a long list of brands to fall victim to online retailers and less foot traffic in malls. The company said it may close up to 178 U.S. stores.
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A hearing in Akron on First Energy Solutions bankruptcy reorganization has been adjourned for now. A company spokesperson says Judge Alan Koschik , of...
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Several unions representing workers at the state's two nuclear plants are objecting to a new bankruptcy plan by FirstEnergy Solutions, saying the energy...
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FirstEnergy Solutions, which runs coal and nuclear plants in Ohio, is working on a new bankruptcy proposal after a federal judge denied their initial...
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State lawmakers are working on a bill that could effectively bailout the state’s two nuclear power plants. A piece of draft legislation would create…