Spirit Airlines said going out of business is a real possibility. Here's what that means for Phoenix flyers and whether you ...

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Just days after the Claire's chain entered Chapter 11, the same fate has hit its British arm as administrators seek a buyer ...

Kodak, a storied American multinational with over 133 years in the photographic equipment industry, faces a critical juncture ...

Spirit is in dire financial straits, and experts believe its collapse could trigger shifts across the low-cost airline sector.

As Social Security turns 90, Congress must find a bipartisan solution to extend the longevity of the program for millions of ...

Wolfspeed recently filed for bankruptcy protection, which it is optimistic will help drastically reduce its debt.

It's worth a closer look at how these mechanisms work, and how they’ve weathered the chaotic cuts of the Trump Administration.

"We remain hard at work on many initiatives to protect our unique franchise," CEO Dave Davis said in an email to employees.

Far from winding down, Kodak said it expects to repay, extend, or refinance its existing debt and preferred stock before they ...

Bankruptcy filings in Spokane and Kootenai counties have been on the upswing in recent years after having declined steadily for over a decade.

In the latest twist in the long-running Vesttoo saga, where fraudulent collateral was found to be sitting behind reinsurance ...