The “court-supervised reorganization” was announced in an open letter in May 2024, as a response to claims of sexual abuse ...

Books Inc. Joined the List of Retailers That Have Filed for Chapter 11 Protection in the U.S. Bankruptcy Court ...

Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement with Texas and 14 other states to ...

Economic indicators suggest a potential recession, with caution in equity investing despite short-term optimism.

The Sackler family and Purdue Pharma, the maker of the addictive painkiller oxycontin, have reached a $7.4 billion settlement ...

The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers ...

Prospect Medical Holdings announced that it is initiating chapter 11 proceedings in the United States Bankruptcy Court. Prospect Holdings owns three hospitals in Connecticut: Waterbury Hospital, ...

Electric vehicle start-up Canoo has declared bankruptcy and will cease operations immediately, seven years after its launch.

JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.

Electric vehicle (EV) startup Canoo has filed for Chapter 7 bankruptcy, indicating the company will cease operations ...

Canoo Inc. has filed for Chapter 7 bankruptcy, marking the end of its operations. The filing was made with the U.S.