Spirit is in dire financial straits, and experts believe its collapse could trigger shifts across the low-cost airline sector.

Experts said this increases flexibility in rescuing businesses and fetches better value for the business, rather than selling ...

As Social Security turns 90, Congress must find a bipartisan solution to extend the longevity of the program for millions of ...

Wolfspeed recently filed for bankruptcy protection, which it is optimistic will help drastically reduce its debt.

More than 300 Claire's stores (and 2,150 jobs) across the UK and Ireland are at risk of closing - see the shops in South ...

It's worth a closer look at how these mechanisms work, and how they’ve weathered the chaotic cuts of the Trump Administration.

"We remain hard at work on many initiatives to protect our unique franchise," CEO Dave Davis said in an email to employees.

Far from winding down, Kodak said it expects to repay, extend, or refinance its existing debt and preferred stock before they ...

Bankruptcy filings in Spokane and Kootenai counties have been on the upswing in recent years after having declined steadily for over a decade.

In the latest twist in the long-running Vesttoo saga, where fraudulent collateral was found to be sitting behind reinsurance ...

There is concern about Spirit Airlines' future in the skies after the company just emerged from Chapter 11 bankruptcy.

A large group of creditors with claims against Genesis Healthcare objected this week to the company’s “compressed” bankruptcy timeline and its aim to cancel many of its financial obligations in ...