Tag: bankruptcy
FTX Bankruptcy Estate distributes $5 billion
The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the Trust started a $5 billion payout to eligible credito [...]
FTX Bankruptcy Estate distributes $5 billion
The FTX Recovery Trust has initiated a second round of payments to its creditors. On May 30, the Trust started a $5 billion payout to eligible credito [...]
Forex reserves expose Pakistan’s bankruptcy vs India’s boom, says Amit Malviya
New Delhi: BJP leader Amit Malviya on Monday highlighted the weakness of Pakistan’s economy, citing the meagre $15 billion in total foreign exchange r [...]
Blockchain projects fight for 23andMe user data amid bankruptcy
DNA testing firm 23andMe is bankrupt, and now the genomic data of its 15 million users is up for sale to the highest bidder. Could that data end up on [...]
Forever 21 files for second bankruptcy, blames Shein and Temu
Forever 21 filed for bankruptcy protection for the second time in six years on Sunday and blamed fast-fashion e-tailers Shein and Temu for its demise. [...]
Greenpeace Is Going to Trial in $300 Million Suit That Poses Bankruptcy Risk
In a closely watched case, the owner of the Dakota Access Pipeline is claiming the environmental group masterminded protests that hurt the company’s b [...]
Forever 21 talking to liquidators, mulling second bankruptcy
Beleaguered retailer Forever 21 is in talks with liquidators about future steps for the fast fashion company, according to people familiar with the ma [...]
Nikola files for Chapter 11 bankruptcy protection
U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Niko [...]
FTX Debtors Strike $700M Deal with K5 Global to Wrap Up Bankruptcy Drama
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field [...]
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
A Spirit Airlines plane at New York's LaGuardia AirportLeslie Josephs/CNBCSpirit Airlines is cutting about 200 jobs across the company as the struggli [...]
Chuck E. Cheese makes comeback after bankruptcy
Chuck E. Cheese's parent company has spent $230 million renovated its stores.Source: CEC EntertainmentFour years after exiting bankruptcy, Chuck E. Ch [...]
A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Ge [...]
Diamond Sports reaches key milestone toward exiting bankruptcy
Jose Siri, #26 of Major League Baseball's Houston Astros, steals second base as Dansby Swanson, #7 of the Atlanta Braves, is unable to handle the thro [...]
What travelers need to know about Spirit Airlines’ bankruptcy
A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, [...]
Spirit Airlines files for bankruptcy protection after mounting losses
Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Flo [...]