bankrupt

News

Hooters may be headed for bankruptcy in coming months

Hooters is reportedly working on a bankruptcy plan that would allow the mammary-themed restaurant chain to restructure and manage debt. It’s parent company,...

World

The beautiful 'world's richest island' with Lamborghinis and Ferraris that's now bankrupt

A beautiful island in Micronesia was once one of the richest countries in the world in terms of GDP per capita, after a...

News

Joann, bankrupt fabrics and crafts company, to close 500 stores

Fabric and crafting store Joann is set to close more than half of its 800 stores as part of the bankruptcy process. The...

Finance

How does it feel to bankrupt your country? Ask Rachel Reeves

Reeves cuts a very different figure to the bold, proud, stylish woman who took charge of the nation’s finances after July’s election. The...

News

Planet Fitness makes last minute bid to acquire bankrupt Blink fitness chain

Planet Fitness has made a last-minute bid to acquire the bankrupt gym chain Blink just days after the U.K.-based chain PureGym announced it...

Sport

Mark Allen offers update after snooker star was forced to declare himself bankrupt

Mark Allen has confirmed that he has fully recovered from the crippling financial problems which forced him into bankruptcy three years ago. Allen...

News

Flavor Flav tries to save Red Lobster by ordering everything on the menu

Public Enemy rapper Flavor Flav is doing everything he can to save Red Lobster as the embattled restaurant chain battles extinction. “Ya boy...

News

Red Lobster files Chapter 11 bankruptcy after shuttering locations

Beleaguered seafood eatery Red Lobster filed for Chapter 11 bankruptcy following the recent closing of dozens of restaurants. The chain entered into a “stalking...

News

Clothing company Rue21 files for 3rd bankruptcy, seeks to close all 541 stores

Clothing company Rue21 has filed for Chapter 11 bankruptcy for the third time in 21 years and reportedly plans to close its 540...

World

Putin's war spending to bankrupt Russia as country set to 'run out of money in a year'

Vladimir Putin could face economic ruin in the next year as the Russian economy is poised to completely run out of cash reserves....