Forever 21 Operator Files for Bankruptcy
Forever 21’s operator in the United States filed for bankruptcy on Sunday, as the apparel company, which helped popularize fast fashion in the United States, struggles to compete with online…
Greenpeace Is Going to Trial in $300 Million Suit That Poses Bankruptcy Risk
Greenpeace is set to go on trial on Monday before a North Dakota jury in a bombshell lawsuit that, if successful, could bankrupt the storied group. The Dallas-based company Energy…
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul…
Joann Customers React to Store Closings and Bankruptcy
Crafters, quilters, knitters and makers across the country received bleak news on Wednesday when they learned that Joann, the arts-and-crafts retail giant, was preparing to close more than half of…