Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
In its latest quarter, same-store sales at BurgerFi's namesake chain tumbled 13%. Source link
Read More
Bankruptcy Figures
Sunrun sees market opportunity after SunPower files for bankruptcy, company’s shares surge
Sunrun posted a surprise profit and sees opportunity to gain market share. Source link
Read More
Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
Forever 21 is seeking rent concessions as it struggles to compete with savvier upstarts and manage its store portfolio. Source
Read More
WeWork emerges from bankruptcy, announces John Santora as new CEO
WeWork, once valued at $47 billion by private investors, emerged from bankruptcy on Tuesday with a new CEO from Cushman
Read More
FTX says most customers of the bankrupt crypto exchange will get all their money back
FTX estimates that it owes creditors around $11.2 billion. FTX said it has between $14.5 billion and $16.3 billion to
Read More
SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar
SoftBank Group shares jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth $7.59 billion. Source
Read More
Bankman-Fried was very concerned about his image, including his big hair, ex-girlfriend Ellison testifies
In her second day on the stand, Caroline Ellison told jurors that Sam Bankman-Fried wanted her to hide FTX customer
Read More
This couple built a $40 million ice cream company, then ‘lost everything’—how they’re rebuilding
Ample Hills Creamery was once worth $40 million. Here's how its founders built one of America's most popular ice cream
Read More
Bed Bath & Beyond vows it can pull off a sale – here’s what that means for shareholdersÂ
Bed Bath & Beyond is looking for a buyer willing to purchase the business to avoid outright liquidation, but either
Read More