Stores will remain open for now, but Joann says a “stalking horse” bidder has grim plans for the beloved arts-and-crafts ...

The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...

SAO PAULO (Reuters) -Brazilian airline Gol released a revised five-year strategic plan on Wednesday as it prepares to exit ...

Northvolt filed for restructuring under the American chapter 11 process. In December, negotiations began in a court in Texas, ...

Joann Fabrics announced that it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.

Update: Diamond's two largest unsecured creditors are Penguin Random House (a publishing company and distributor for other ...

Crozer Health is home to Delaware County's only trauma and burn center, and new concerns have emerged after its parent ...

Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester, and Vernon, has announced that it filed for voluntary Chapter 11 bankruptcy reorganization.

The company, whose consolidator brands include Hari World, Transam, Skylink, Cosmopolitan and C&H, plans to continue normal ...

Bar & Kitchen has successfully emerged from Chapter 11, less than five months after it filed to restructure. The Tampa-based ...

In an online announcement, the for-profit company stressed that the voluntary Chapter 11 proceedings “does not mean that Prospect Holdings is going out of business.” The company also plans to ...