A federal bankruptcy judge in Chicago has turned down a request from Hawthorne Race Course and related companies to speed up a court hearing...

Bhubaneswar: BJD president and Leader of Opposition Naveen Patnaik has expressed his serious concerns over the financial management of the s...

By ANNE D’INNOCENZIONEW YORK (AP) — The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focus...

The longtime Massachusetts furniture retailer, which abruptly closed in December, is selling off hundreds of showroom and warehouse items....

Radio giant Cumulus Media filed for bankruptcy Thursday (March 5) to eliminate $600 million in debt, citing “persistent industry-wide decl...

Ricky Nelson's estate was millions in debt when he died in 1985 plane crash, threatening to strip family of 'The Adventures of Ozzie and Har...

Clients are rushing to find new photographers and hoping to recover thousands of dollars in deposits already paid to Yours Truly Media. W...

Luxury movie theater operator iPic Theaters has filed for Chapter 11 bankruptcy reorganization, planning to sell its assets but vowing to tr...

iPic Theaters, a cinema chain that specializes in dine-in service, has filed for bankruptcy protection for a second time. The company is pur...

iPic Theaters never fully recovered after emerging from bankruptcy in 2019. It pointed to drops in theater attendance and a not-so-viable ar...

A local development firm is bankrupt and shutting down after a judge in Alaska determined that it walked off a job at a naval base and now o...

By RIO YAMATSpirit Airlines’ parent company says it expects to exit Chapter 11 bankruptcy in the late spring or early summer, after strikin...

The council's application for exceptional financial support (EFS) has been granted, in news which will be met with a huge sigh of relief at...

The owner of a renovated theater along South Broadway is back on good terms with its lender.Sonquist LLC, which owns the Jewel Theater at 1...

SAN JOSE — The future of a San Jose hotel complex is playing out in a Texas bankruptcy case that the property’s owner hopes will help ward o...