Jelena McWilliams, former chair of the FDIC, is joining data sharing fintech Plaid as its new president of corporate and ...

The Ohio-based company, which filed for bankruptcy in November, has been selling furniture for nearly 80 years.

The insolvency caps years of mounting pressures for a retailer loved by movie stars and royals, including Gary Cooper and ...

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Bankruptcy law does not set a single nationwide "maximum income" that cuts you off from relief. Instead, it asks a more ...

Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

More than 2,000 workers have been laid off across logistics and manufacturing firms as 2026 begins, driven by facility ...

American Express cardholders are hurrying to spend store credits and gift cards at cash-strapped retailer Saks Fifth Avenue.

Debts, inflation, and policy uncertainty left businesses and consumers navigating a tough economic climate last year.

For many companies, the business models that thrived in other times simply didn’t survive in a world of high rates, shifting ...

Corporate bankruptcies surged in 2025, rivaling levels not seen since the immediate aftermath of the Great Recession, as ...

In 2025, shoppers said farewell to a number of well-known retailers. Here are some of the major chains that went bust this year.