Global News Aggregator
Rite Aid is shuttering 53 additional stores in nine states across the US as part of the company’s bankruptcy proceedings, according to recent court filings. Stores are closing in California,…
WeWork co-founder Adam Neumann has submitted a bid to buy back the bankrupt office-sharing company for more than $500 million, a person familiar with the matter told Reuters. It is…
A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts and staving off liquidation. The…
PESHAWAR: The caretaker Khyber-Pakhtunkhwa cabinet would meet here on Thursday (today) to approve a mini budget for the next four months, not only to keep the government running but to…
Overstock.com completed its $21.5 million purchase of Bed Bath & Beyond’s brand name, intellectual property and ecommerce platform Wednesday after a US bankruptcy judge approved the deal. Within the next…
Regal owner Cineworld has scrapped plans to sell its US, UK and Ireland businesses after failing to find a buyer, the cinema chain operator said on Monday, as it proposed…
Sam Bankman-Fried’s defunct crypto exchange FTX owes Jimmy Buffett’s Margaritaville resort nearly $600,000 — more than 10 times what was previously thought — and meanwhile racked up a $400,000 DoorDash…
The federal government Sunday announced the failure of a second bank with deep ties to the tech industry — as regulators rushed to try to stem the losses caused by…
Cryptocurrency firms have been shut out from this year’s round of Super Bowl commercials following a brutal stretch that included onetime industry leader FTX’s collapse into bankruptcy. Crypto dominated the…
NFL legend Tom Brady and ex-wife Gisele Bündchen were among FTX’s largest individual equity holders before the doomed crypto site’s collapse into bankruptcy, court filings revealed Tuesday. FTX shares held…