The problem is there is no likely outcome that would leave both companies and their employees better off than they are today.

Prospect Medical Holdings bankruptcy filing follows clashes with state regulators over hospital conditions.

The filing shows Prospect had more than 100,000 creditors and between $1 billion and $10 billion in liabilities.

In an initial filing seeking Chapter 11 protections, Prospect Medical Holdings, which owns facilities in California, Pennsylvania, Rhode Island, and Connecticut, listed debts of more than $400 million ...

In a statement, the company said specifically it was looking to expedite the sales of Roger Williams and Our Lady of Fatima medical centers.

Among them was Selena Gomez. The actress, doubly nominated that evening for her roles in “Only Murders in the Building” and ...

The bankruptcy throws into question sale of hospitals to Yale New Haven Health. Prospect also owes $67 million in state taxes ...

The customer-facing mobile app for Dick’s Sporting Goods has traveled a long way since its debut in 2021. Initially focused ...

Francois Melese warned in a recent op-ed of the damaging effects of Trump's plan to end Social Security taxes.