Bankruptcy

Science & Technology

Defiant Streaming TV Startup Aereo Finally Caves, Files For Bankruptcy

Unable to rebound from a devastating Supreme Court loss, Aereo is finally throwing in the towel.

Business News

Judge Confirms Detroit Plan to Exit Historic Bankruptcy

The ruling comes more than two months after the start of a hearing to determine whether the plan was fair to creditors and feasible for the city to implement.

Money & Finance

Can a Business Grow Itself Into Bankruptcy?

有时, increasing sales can backfire, and the math will eat a company alive.

Business News

Apple, Embattled Supplier, Strike Deal to Unseal Info

GT Advanced Technologies can now begin the shutdown of key Arizona operations, and shed some more light on why the former stock market darling abruptly filed for bankruptcy this month.

Business News

In Supplier's Bankruptcy Case, Judge Compares Apple to a Demanding, Unhappy Homeowner

Judge also questions Apple's need for secrecy.

Franchise

Crumbs's Comeback Begins With Grand Reopening and Pastry Mashups

Crumbs is celebrating its reopening under new owners Marcus Lemonis and Fischer Enterprises with 'Crumbnuts' and 'Baissants.'

Business News

Tech Company's Bankruptcy Offers Warning to Apple Suppliers

GT Advanced Technologies suffered the consequences after Apple decided not to use its scratch-resistant sapphire glass screens for the iPhone 6.

Business News

Apple Partner Files for Bankruptcy

The company that developed the scratch-resistant sapphire glass that was left out of Apple's new large-screen iPhones is in financial distress.

Franchise

Crumbs Buyer's Bid Goes Unchallenged as Chain Prepares to Emerge From Bankruptcy

Lemonis Fischer's $6.5 million bid for the cupcake chain went unchallenged by the public, meaning the final sale of the company is less than a week away.

Franchise

Mrs. Fields and TCBY Are Rising From the Ashes, Hand in Hand

Through dual branding and an in-store ecommerce business, the two sweet sister brands are hoping to cash in on a new type of franchise.

Money & Finance

Big-Name Startups Land on Most-Doomed Brands List

Some of the companies that are expected to falter next year are headed by entrepreneurs you're very familiar with.

Cryptocurrency / Blockchain

Bitcoin Exchange Mt. Gox Heads for Liquidation

Mt. Gox isn't rising from the ashes after all and its customers will likely never see the hundreds of thousands of bitcoins the shattered exchange lost.

Franchise

Bankrupt Quiznos Settles With Franchisees in Cost Dispute

The bankrupt sandwich chain has reached a settlement with 12 defunct franchisees who were suing the company for about $40 million.

Cryptocurrency / Blockchain

Mt. Gox Mysteriously Finds $114 Million Worth of 'Missing' Bitcoins

The shady Bitcoin exchange's extended meltdown gets fishier by the minute.

Franchise

Sbarro, a Food-Court Staple, May File for Bankruptcy as Early as Next Week

If 2014 is the year fast-food pizza dies, Sbarro may be the first victim. According to reports, the chain is preparing to file for bankruptcy.