Viral cookie chain Chip City closes in key locations; here's what went wrongIn a significant shift, Chip City Cookies has closed its three Connecticut shops in Darien, Fairfield, and West Hartford. This move illustr...
06 Oct, 2026, 06.57 PM IST
From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
29 Sep, 2026, 08.18 PM IST
Leonard Ross bought the Beverly Hills Hearst Estate for $473,000 in 1976; 40 years later, he listed it for $195 million, but 5 years after that, the mansion headed to auctionLeonard Ross's Beverly Hills mansion was placed for auction due to accumulated debts exceeding $50 million. Initially listed for $195 milli...
25 Sep, 2026, 05.07 AM IST
From 1858 to today: How six generations of one family are fighting to preserve a Sonoma wineryGundlach Bundschu Winery, established in 1858, is getting into a major transition after six generations of Bundschu family ownership. The h...
24 Sep, 2026, 11.18 PM IST
India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
03 Sep, 2026, 02.58 PM IST
Major chicken chain franchisee files for bankruptcy — what went wrong behind the scenesSailormen Inc, a major Popeyes franchisee, filed for bankruptcy, putting 130 restaurants at risk. Debt, failed sales, Covid-19, inflation, ...
16 Jan, 2026, 08.29 PM IST
Corporate Air files bankruptcy as fleet shrinks; other airlines face financial troubleCorporate Air, a small American airline, filed for bankruptcy after reducing its fleet to only three planes. The company owes millions and ...
26 Nov, 2025, 07.29 PM IST
Verijet files chapter 7 bankruptcy after CEO Kane’s death; private jet operator collapses amid $38.7M liabilities and legal turmoilVerijet, a private jet charter company, has filed for Chapter 7 bankruptcy. This move signals the end of its operations. The company's rapi...
13 Oct, 2025, 09.27 AM IST
Chinese real estate giant Evergrande files for protection in US court as part of $32 billion debt overhaulThe company sought protection under Chapter 15 of the US bankruptcy code, which shields non-US companies that are undergoing restructurings...
18 Aug, 2023, 09.24 AM IST
Credit crunch forces 7 US companies to file for bankruptcyThe wave of bankruptcies comes as companies struggle to re-negotiate burdensome debtloads accumulated during the era of ultra-low interest ...
15 May, 2023, 11.45 PM IST
EV maker Electric Last Mile Solutions files for bankruptcyThe move comes after the Troy, Michigan-based company disclosed a probe by the US Securities and Exchange Commission and withdrew all its p...
13 Jun, 2022, 08.03 AM IST
Murray Energy Corporation, America's largest private miner, files for Chapter 11 bankruptcyMurray Energy and certain of its subsidiaries entered into a Restructuring Support Agreement with an ad hoc lender group holding more than ...
30 Oct, 2019, 04.08 PM IST
Reliance MediaWorks down 7% as Digital Domain files for bankruptcyShares of Rel Media came under selling pressure after Digital Domain, founded by James Cameron of ‘Titanic’ movie fame, filed for bankruptc...
12 Sep, 2012, 02.44 PM IST
- US bankruptcy filings touch 1.59 mn in 2010
The financial meltdown in 2008-09 had ravaged the American economy that not only pushed many entities out of business but also caused large...
16 Feb, 2011, 04.45 PM IST
- Bankruptcies low in states that don't seize wages
States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or s...
05 Jul, 2009, 10.53 PM IST
- Peanut Corp of America files for bankruptcy
The peanut processing company at the heart of a national salmonella outbreak filed for bankruptcy Friday, a sign the beleaguered company pl...
14 Feb, 2009, 01.55 AM IST
- Indian exporters to bear burns of US bankruptcies: D&B
Indian exporters will have to bear the burns of bankruptcies with the worsening financial crisis in US, heading towards recession.
06 Nov, 2008, 03.48 PM IST