The surge in bankruptcies is being driven by a toxic mix of stubborn cost pressures, tight credit and President Trump’s ...

Millions of Americans depend on credit cards for their daily spending. It makes it easy to make purchases on the go. However, ...

And now, award-winning spirits distiller Heritage Distilling Company, which produced whiskeys, vodkas, gins, and rums, closed ...

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

Debts, inflation, and policy uncertainty left businesses and consumers navigating a tough economic climate last year.

United Site Services says it is the largest US provider of portable sanitation systems and that its debt became unsustainable ...

Companies facing financial distress use a variety of strategies to avoid bankruptcy. They often focus on cutting costs, restructuring debt, and improving cash flow to stabilize their operations.

Lawyers in the bankruptcy cases tied to indicted Sonoma real estate mogul Ken Mattson were especially busy in mid-October, filing a flurry of court documents that lay out a roadmap for compensating ...

On November 21, Nicklaus Companies, the business empire built around one of golf’s greatest names, filed for Chapter 11 bankruptcy in Delaware. What makes this more dramati c than a simple business ...

Before the Covid pandemic, Americans never thought about the supply chain. Grocery stores and other retailers simply had everything you wanted or needed nearly all the time. Yes, there might be ...

Bankruptcy usually signals deep financial failure, but for some companies, it became a turning point. Between legal protection and the chance to restructure debt, several major brands used the process ...

Tobacco itself has been around for centuries, but the companies that sell it haven't. Although a number of legacy brands are safe, tobacco sales in the States aren't like they once were. Here are ...