WeWork founder Neumann wants bankruptcy court’s help in bid to repurchase company
By Dietrich Knauth (Reuters) -WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to...
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Rite Aid moves ahead on restructuring as sale efforts continue
By Dietrich Knauth NEW YORK (Reuters) – Rite Aid, one of the largest U.S. pharmacy...
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FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on...
EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
(Reuters) -Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy...
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NY attorney general expands crypto lawsuit, sees $3 billion fraud
By Jonathan Stempel and Dietrich Knauth NEW YORK (Reuters) -New York Attorney General Letitia James...
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Crypto exchange Gemini says bankrupt Genesis moves to authorize sale of trust assets
(Reuters) – Cryptocurrency exchange Gemini Trust Co said on Saturday that crypto lender Genesis has...
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Spirit Airlines looking to refinance its debt, not considering restructuring -source
By Rajesh Kumar Singh (Reuters) -Spirit Airlines is looking at options to refinance its debt...
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Diamond Sports in deal to emerge from bankruptcy, signs Amazon streaming pact
By Dietrich Knauth and Samrhitha A (Reuters) -Regional sports programmer Diamond Sports Group, a unit...
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McKinsey to pay $78 million in US opioid settlement with health plans
By Nate Raymond (Reuters) – Consulting firm McKinsey & Co has agreed to pay $78...
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US ‘buy now, pay later’ splurges raise holiday debt hangover risk
By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK (Reuters) -Roxanne Ross of Florida is...