Bankruptcy News & Breaking Stories

Rep. Chip Roy accuses Soros of trying to expedite Audacy purchase through FCC, potentially controlling 220 radio stations across the US.

The Body Shop closes U.S. operations after bankruptcy filing. Stores in UK and Canada remain open. Financial difficulties cited as cause.

Late-night hosts talk Michigan primaries, Donald Trump's fraud penalties, and Joe Biden's visit to the US border in Texas Thursday.

US and Canadian coast guards reach a new agreement on icebreaking to allow for Great Lakes shipping and international commerce.

SEC approves first U.S. bitcoin exchange-traded fund (ETF) after years of rejections. Multiple companies file for spot bitcoin ETFs.

Bitcoin consolidates after a surge past $47,000 as US ETF approval looms. Market expects approval, with Bitcoin up 172% in 12 months.

"Breaking: U.S. jobs market adds 216,000 jobs, unemployment rate holds steady at 3.7%. Stocks close losing week. Subscribe to CNBC Daily Open!"

NRA's Wayne LaPierre resigns amid corruption trial, a victory for NY AG. Legal showdown continues, but NRA's future is uncertain.

Katie Price is selling an X-rated 2024 calendar for £99.99 amid her £3.2M bankruptcy case. She's also facing investigation.

Harvard President resigns amid allegations of plagiarism and antisemitism, claims criticism is racially motivated. Law professor calls for meritocracy.

Senate confirms Martin O'Malley as Social Security Commissioner, marking the first time in 25 years a Democratic nominee is confirmed.

Rudy Giuliani filed for bankruptcy after being ordered to pay $148 million, but may not be able to discharge debts.

82-year-old transhumanist faces up to 40 years in prison for sexual assault. Former fashion mogul Peter Nygard has more trials ahead.

WeWork's potential bankruptcy filing next week comes as no surprise, as the company's shares have plummeted and it has struggled with debt payments.

Netflix's new film, "Pain Hustlers," sheds light on the roots of the fentanyl crisis in the US pharmaceutical world.

Rite Aid has filed for Chapter 11 bankruptcy due to declining sales and opioid-related lawsuits. The closure of stores will inconvenience Western New York shoppers.

Rite Aid, burdened by debt and opioid lawsuits, files for bankruptcy. Plans to close stores, sell subsidiary, and resolve litigation.

FTX employees in the US reportedly found a hidden backdoor favoring Alameda Research months before FTX's collapse.

Toys"R"Us is making a comeback in the U.S. with the launch of flagship stores nationwide beginning next year. The iconic toy brand is expanding its retail footprint and introducing new retail experiences in airports and cruise ships. Despite challenges for brick-and-mortar stores, physical retail continues to hold value in the market.

Former Red Sox player and announcer Tim Wakefield is undergoing treatment for an undisclosed disease, after it was revealed without his consent by ex-teammate Curt Schilling. The Red Sox have asked for privacy for Wakefield and his wife, Stacy, as they navigate treatment.

Greeley residents fear that the proposed merger of Kroger and Albertsons will result in store closures, higher prices, and job losses. Regulators are reviewing the merger, and concerns about previous closures during mergers have been raised. Labor groups argue that the merger puts union jobs at risk, while farmers worry about decreased competition and potential food deserts in rural areas. Colorado Attorney General Phil Weiser is skeptical of the promises made by the companies and plans to meet with executives before deciding whether to challenge the merger. Public comments on the merger can be submitted to coag.gov/grocerymerger.

NFL broadcaster and journalist Chris Mortensen announced his departure from ESPN due to ongoing cancer battle, prioritizing health and family.

Evergrande's bankruptcy raises concerns of contagion in the Chinese economy, impacting the Australian dollar and global markets.

The US Supreme Court will review a bankruptcy case involving Purdue Pharma and the Sackler family over the controversial Oxycontin drug.

Trucking firm Yellow Freight is reportedly planning to file for bankruptcy, resulting in 22,000 job losses.

"Kevin Spacey trial resembles immersive theater show, captivating audiences and media."

"Barbenheimer" double feature boosts AMC attendance, breaks box office records

AMC CEO emphasizes the need to raise equity capital for the company's survival.

AMC Entertainment's shares nearly double as court blocks conversion plan.

Jessica Simpson opens up about sacrifices made to regain financial ownership of her brand.