Bankruptcy

Blue reveal how they went bankrupt

"We were going on tour with Ant and Dec when I got the call saying, 'You're going bankrupt'"<p>Blue have addressed how they managed to land themselves …

Ryan Gosling

Branson: I met Trump once, and all he talked about was destroying people who wouldn't help his bankrupt firm

Billionaire<p>Richard Branson<p>told CNBC on Wednesday he met<p>Donald Trump<p>only once — in the 1990s, when the then-real estate tycoon was dealing with the …

Donald Trump

Lufthansa, 6 others bidding to take over bankrupt Alitalia

Lufthansa and Easy Jet are among seven airlines that made binding offers Monday to take over all or part of Alitalia, the Italian carrier that …

Business

To end sanitation workers' strike ahead of Diwali, AAP to pay bankrupt EDMC Rs 108 crore tax shares in advance

As 11,000 of its safai karmcharis went to strike days before Diwali, the Aam Aadmi Party-led Delhi government has decided to bail out the bankrupt …

India

How Will Bankruptcy Affect Your Job?

(11. U.S.C. § 525(a).)<p>The code addresses private employers in Section 525(b). This separate paragraph does not not include the phrase “deny …

Personal Finance

Bankrupt firms can’t ignore employees, customers in revival plans

Bankrupt businesses exploring turnaround options can no longer ignore the interests of their employees, vendors and customers, which in the case of …

Bankrupt retailers staying out of retail graveyard | Reuters.com

Bankrupt retailers like Toys R Us are not being forced into totally shutting down operations, as creditors, lenders, and vendors try to keep some stores alive after 19 retail chains have gone bust since 2014.

Cemeteries

Jamie Oliver’s Istanbul restaurant goes bankrupt

Dinçer Gökçe - ISTANBUL<p>The restaurant of the British celebrity chef Jamie Oliver at Istanbul’s Zorlu Center has gone bankrupt, closing down at the …

Turkey

World Dressage Masters Declared Bankrupt

The World Dressage Masters concern, a Dutch investors group behind the namesake international dressage competition format, has been declared bankrupt …

Dressage

Macron accused of taking a dig at protesting workers

French President Emmanuel Macron is again facing accusations of contempt for the working class after an apparent dig at workers battling to save …

France

Private equity bids on bankrupt nuclear power player

Private equity firms Apollo Global Management and The Blackstone Group are bidding on the business of Westinghouse Electric Co., the bankrupt U.S. …

Business

Chinese Solar Manufacturers Decimated Not Only Competitors, But Also The Foreign Supply Chain

Chinese manufacturers produced 65% of solar installations in 2016, while U.S. and European manufacturers each produced 5%.<p>Over the past five years, …

Business

Bankrupt Oil Producers Getting Better at Paying Their Bills

Creditors of energy exploration and production companies that went bankrupt last year are recovering much more than those who were owed money by companies that defaulted in 2015, according Moody’s Investors Service.<p>Recovery rates for 17 exploration and production company bankruptcies in 2016 …

Business

Jaguar and Maserati go on the auction block as BNF auctions several bankrupt dealerships

BNF Partners to sell three bankrupt dealerships, including Bay Ridge Ford<p>New York's home for one of Britain's signature luxury cars will change hands …

Trucks

Toys R Us hiring holiday workers despite bankruptcy

Toys R Us on Thursday said it would hire thousands of part-time holiday workers, just days after the toy retailer filed for Chapter 11 bankruptcy.<p>While Toys R Us did not provide a specific national hiring target, a company spokesperson told FOX Business that the number “remains unchanged” from last …

Business

SIKONATHI MANTSHANTSHA: Looting the PIC to bankruptcy

BL Premium<p>This article is reserved for our subscribers.<p>We have several subscription options to help you enjoy the best of our content every day, …

Wall Street Journal

Bankrupt Toys R Us is hiring for the holidays

Just because you're bankrupt doesn't mean you don't need a hand during the holiday season.<p>Toys R Us, which filed for bankruptcy on Monday night, announced Thursday that it is looking to fill at least 13,000 positions in top markets for the upcoming holiday season.<p>The toy retailer didn't give the …

Business

People are freaking out about Toys R Us stores closing following its bankruptcy filing— here's what we know so far

Toys R Us filing for bankruptcy has set off a wave of panic in shoppers.<p>On Monday, the toy retailer filed for Chapter 11 bankruptcy protection ahead of the 2017 holiday shopping season — a crucial time of year for any toy seller.<p>Nostalgic customers quickly began freaking out about the prospect of …

Business

Toys R Us Files for Bankruptcy as Latest Victim of Retail Crisis

Toys R Us, the national toy chain that has been around since the 1950s, announced Monday night that the company had filed for bankruptcy, just ahead …

New York Times

Toys R Us go bankrupt: The i-Generation claims its most high-profile victim

Image Credits: Facebook<p>Ouch. Right in the childhood. Imagine telling the 10-year-old you that Toys R Us might go bust. It would be the apocalypse and …

South Africa

Filing ‘Chapter 22’ Becomes Enticing Option for Ailing Retailers

Struggling retail companies across the U.S. are shuttering their stores and declaring bankruptcy -- again.<p>Of at least 10 merchants to file for …

Business

Toys 'R Us files for bankruptcy

Toys 'R Us said it filed for bankruptcy late last night, the latest victim of a debacle suffered by brick-and-mortar retailers in the age of Amazon. …

Business

Women’s shoe retailer files for bankruptcy: What you need to know

Another retailer has filed for Chapter 11 bankruptcy and has already started closing stores.<p>AGI HoldCo Inc., which owns Aerosoles stores, has filed …

United States

Toys 'R' Us could go bankrupt within weeks as it struggles to pay debts

Toys ‘R’ Us could go bankrupt within weeks as it struggles with billions of dollars of debt and mounting pressure from suppliers, The <i>Wall Street</i> …

Toys "R" Us

Aerosoles Files for Bankruptcy

Aerosoles, the footwear store you walk past all the time and never go into that actually has nice shoes, has fallen into the catacomb of retail …

American Apparel

FLASHBACK: Bernie Sanders Says Medicaid-For-All Would 'Bankrupt The Nation'

Sen. Bernie Sanders and his progressive pals may be pushing a "Medicare-For-All" bill as the only solution to the Affordable Care Act's abysmal …

Bernie Sanders

Women's shoe retailer Aerosoles has filed for bankruptcy

Women's shoe retailer Aerosoles Group said it had filed for Chapter 11 bankruptcy protection, the latest casualty in a struggling retail industry.<p>The company had listed assets of $10 million to $50 million and liabilities of $100 million to $500 million, according to its bankruptcy court …

Amazon.com Inc

Footwear retailer Aerosoles files for bankruptcy

(Reuters) - Women's shoe chain Aerosoles Group filed for Chapter 11 bankruptcy protection on Friday with a plan to close most of its stores and focus …

Stock Markets

Medicaid For All Would “Bankrupt the Nation” Warns Bernie Sanders — In 1987

Notably absent from Sanders' proposed single-payer system was a detailed plan to pay for it. The senator said he would lay out the tax hikes …

Health Care

Here are the unique names the NYC 'Taxi King' had for his 22 companies that went bankrupt

In July 2015, Evgeny "Gene" Freidman — New York City's one-time "Taxi King" — filed for Chapter 11 bankruptcy protection for 22 of his companies after defaulting on a $34 million loan from Citibank.<p>Those 22 companies held a total of 46 taxi medallions, the metal plates on the hoods of yellow cabs …

Business