Small and mid-size businesses are entering 2025 with an upbeat vibe. Hiring and elevated prices remain concerns, but recession worries have eased.

JCPenney is merging with a company that owns a number of other once-bankrupt clothing stores, including Forever 21 and Brooks Brothers, to form a new company that will hold significant sway over the ...

A foundry in Austria that was partly controlled by and supplied components to KTM is set to close after 69 years of business.

Backpack, which announced its acquisition of the European arm of bankrupt exchange FTX on Monday, has not been authorized by ...

A famed southern burger chain filed for Chapter 11 bankruptcy on December, 31, citing financial distress and labor shortages ...

Common, which filed for Chapter 7 bankruptcy protection last year, is accused of negligence in a newly-filed lawsuit.

Bankrupt prison healthcare company Wellpath Holdings received court approval on Wednesday to spin off its behavioral health ...

Downers-Grove based Hearthside Food Solutions did not admit wrongdoing as part of the settlement and continues to deny allegations of child labor.

DMD Ventures filed for Chapter 11 protection, while facing a lawsuit from franchise operator, Florida Restaurant Franchise ...

Going-out-of-business sales are underway at hundreds of Big Lots stores across the country. The retailer is known for its ...

A total of 694 companies filed for bankruptcy in the US last year, the most seen since the years following the financial ...

US corporate bankruptcies have hit their highest levels since the GFC. Investors need to keep our eye on the ball. Plunging ...