Federal lawmakers have accused Genesis investors of “hollowing out” the nursing home chain and demanded an accounting of its executives’ roles, compensation and business strategies ahead of a ...

Spirit Airlines filed for Chapter 11 bankruptcy protection in late August for the second time in nine months. Its previous bankruptcy in November 2024 had already made it the first major U.S. airline ...

Spirit Airlines, known for being one of the cheapest carriers in the U.S., announced Monday morning that it’s filing for bankruptcy as it struggles to overcome challenges like increased competition on ...

Billions in missing funds and revelations of opaque financing spark federal probe and heighten concerns among creditors.

First Brands enters bankruptcy protection after lenders raised red flags over the company’s billions of dollars of off-balance-sheet debt.

In the U.S., the overall exposure of CLOs to First Brands currently stands at 0.21%, according to estimates from Morgan ...

Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after Fifth Third Bank warned of alleged fraudulent activity at the company.

The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private ...

The genetic testing company 23andMe — which allows users to spit in a tube and send away the sample for a detailed DNA analysis — is filing for bankruptcy. 23andMe has faced financial hardship for ...