US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
Hooters axes bikini nights, embraces charity work in post-bankruptcy overhaul
Hooters CEO Sal Melilli detailed the restaurant's highly anticipated 'return to glory' as restaurants nationwide prepare for a brand overhaul.
23andMe bankruptcy: Will your private data be protected?
23andMe filed for Chapter 11 bankruptcy protection and is seeking a new owner. Fox Business looks into what that means for a customer's account and private data.
23andMe files for bankruptcy as California AG urges customers to delete data
23andMe has filed for bankruptcy, and an attorney general in California is reminding customers that they have a right to request the company delete their data.
Retailer Forever 21 files for bankruptcy for second time in 6 years
The U.S. company operating Forever 21 has filed for bankruptcy, marking the second time in six years for the retailer with 350 stores remaining nationwide.
Popular Tex-Mex restaurant chain files for bankruptcy
On the Border, a Tex-Mex chain owned by Argonne Capital Group, filed for Chapter 11 bankruptcy protection as it struggles to compete in the current economic environment.
Expect more restaurant bankruptcies in 2025, expert says
A growing number of restaurant chains have fallen on hard times. A bankruptcy attorney expects this trend to continue, saying companies are saddled with debt.
Hooters looking at possible bankruptcy filing
Hooters is looking at possibly filing for bankruptcy as a means of restructuring the restaurant chain and tackling its debt, Bloomberg reported Friday, citing unnamed sources.
Politicians fighting Elon Musk's DOGE should set off alarms, forensic accountant says
Former Crazy Eddie CFO Sam Antar joins 'Making Money' host Charles Payne to discuss Elon Musk's effort to root out government waste and fraud.
EV maker Nikola files for Chapter 11 bankruptcy protection
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.
Quiksilver, Billabong and Volcom US stores to close after Liberated Brands files for bankruptcy
Liberated Brands filed for Chapter 11 bankruptcy over the weekend and is looking to shutter its U.S. retail stores where it sold brands like Quiksilver, Billabong and Volcom.
Party City is a brand that is ‘desperately needed’ in the marketplace, says Mitchell B. Modell
Former Modell’s Sporting Goods CEO Mitchell B. Modell joins ‘Maria Bartiromo’s Wall Street’ to discuss the potential revival of store chain Party City.
Major crafts retailer files for bankruptcy
Joann filed for Chapter 11 bankruptcy protection for the second time in less than a year as it contending with a difficult retail environment. The company is also trying to sell itself.
Leases for nearly 700 Party City locations to be auctioned off
The leases of nearly 700 Party City stores are poised to go under the hammer amid the party supplies retailer’s ongoing bankruptcy.
Bankruptcies were significant in 2024; here are some of the biggest
Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely
Some Big Lots stores will remain open if bankruptcy court approves deal with new buyer
Big Lots, LLC, which is based in Columbus, Ohio, announced that it has found a buyer to acquire its stores, distribution centers and intellectual property to transfer to other retailers.
The business winners – and losers – of 2024 are unveiled
Debtwire global head of legal Sarah Foss talks to Fox News Digital about the companies that thrived and those that struggled to survive in 2024.
The Container Store files for bankruptcy, insists it's here to stay
The Container Store, which was recently delisted from the New York Stock Exchange, has filed for bankruptcy protection in an effort to try and turn its business around.
Big Lots to start holding 'Going Out of Business' sales at remaining locations
Big Lots announced it will likely not complete its purchase agreement to sell off its assets as part of a Chapter 11 bankruptcy, and is holding Going Out of Business sales now.
Lord & Taylor, America's oldest department store, is making a comeback
Lord & Taylor, America's oldest department store chain, is making a comeback after years of financial hardship exacerbated by the pandemic. An e-commerce reboot also failed.