Chapter 11 bankruptcy filings in 2024 by biotech companies and other healthcare firms continued to rise after a steady increase over the past three years. Bankruptcy filings in the health-care sector ...

Consumers can become disappointed and distraught whenever their favorite products disappear from store shelves. One of the most popular products that disappeared, but only temporarily, was Hostess ...

Shares of iRobot Corporation (Nasdaq: IRBT), maker of the Roomba autonomous vacuum cleaner, are crashing today after the company announced that it will seek Chapter 11 bankruptcy protection. As of ...

The Minneapolis-based mattress maker entered Chapter 11 with $672 million in debt, blaming tariffs and inflation for its financial collapse ...

Electric truck maker Nikola Corp. filed for Chapter 11 bankruptcy protection on Wednesday after the company failed to overcome market and macroeconomic challenges. "Like other companies in the ...

KANNAPOLIS, N.C. — A Kannapolis drug maker laying off hundreds of employees filed for Chapter 11 bankruptcy. Florida-based Product Quest Manufacturing cited a list of reasons, including bad leadership ...

Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and ...

The auto industry has faced economic distress in the last year that led to bankruptcy filings and business closings. Most troubled businesses cite many of the same issues that are causing problems, ...

iRobot (IRBT) filed for Chapter 11 bankruptcy, ceding control to Picea Robotics amid mounting competition and tariff pressures. IRBT faces deteriorating profitability, $23M in tariff costs, and ...

Glass tableware maker Libbey Inc. filed for chapter 11 bankruptcy protection after paying millions in retention bonuses to top brass and laying off the bulk of rank-and-file employees in the U.S. The ...

The troubled electric truck maker Nikola has filed for Chapter 11 bankruptcy protection, the company said Wednesday. Nikola's CEO, Steve Girsky, said in a statement that "various market and ...