There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...

Hooters of America is reportedly preparing to file for bankruptcy in the coming months as the casual dining chain faces ...

Sources indicate that while no final decision has been made, the filing could take place within the next two months, Bloomberg News reported.

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved its recovery plan.

Is Forever 21 facing bankruptcy? As the company considers, here's how it could impact Kentucky and other U.S. stores.

A huge US carrier with billions of dollars in debt has updated Wall Street on its bankruptcy. Many investors will not be ...

Electric trucking startup Nikola is hoping to sell what remains of its whole business as early as April, lawyers for the ...

Two months after filing for bankruptcy, a Bethesda tech company that had been accused of fabricating its revenue, has let go all of its employees and interim management team.

The much-hyped hydrogen-electric truck maker that briefly sported a market value comparable to Ford, has filed for bankruptcy ...

Troubled electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would ...