Steward bankruptcy Senate hearing to go forward
Click for more news from The Hill {beacon} health care health care Full text Fears grow over RFK Jr. potentially playing a role at HHS if Trump wins Robert F. Kennedy Jr. is increasingly likely to become secretary of Health and Human Services if former President Donald Trump wins, sparking frustration among Democrats and […]
LL Flooring, hardware store once known as Lumber Liquidators, to close in bankruptcy proceeding
See what's clicking on FoxBusiness.com. National retailer LL Flooring, formerly known as Lumber Liquidators, announced it was ending 30 years in business after attempts to find a buyer failed just weeks after filing for bankruptcy. The Richmond, Virginia-based company, which until recently operated 442 stores nationwide, announced on its website that it would permanently close […]
LL Flooring, once known as Lumber Liquidators, closing all stores after bankruptcy filing
LL Flooring (formerly Lumber Liquidators), the flooring hardware company that was once a strong rival to Home Depot, is closing all of its stores just weeks after filing for bankruptcy. The 30-year-old hardware store, which once operated more than 400 stores in the U.S., said it had decided to liquidate after failing to receive “the […]
Why are so many restaurant chains filing for bankruptcy this year?
Zane Tankel, chairman and CEO of Apple Metro, said consumer brands have to get more creative in an inflationary environment. We're not even at the fourth quarter of this year, but bankruptcies of restaurant chains, operators and major franchises are already nearly double what they were in 2023. Jonathan Carson, co-CEO of bankruptcy services and […]
U.S. Solar Panel Company Lumio Files for Chapter 11 Bankruptcy
A US-based residential solar panel company that says one of its goals is to “help the planet” has filed for Chapter 11 bankruptcy protection. Lumio is announcement The move came amid a “value-maximizing sale process,” Renewables Now reported on Tuesday. Related Video – Climate protesters disrupt New York Auto Show, pour oil on electric cars: […]
Mediterranean restaurant chains files for bankruptcy protection
Mediterranean restaurant chain Roti filed for Chapter 11 bankruptcy protection on Friday. Mediterranean restaurant chain Roti said the filing was intended to expedite its efforts to “restructure its finances and seek new investors or buyers on an accelerated timeframe while ensuring the continued operation of Roti restaurants in Chicago, Minneapolis and the Washington, D.C. metropolitan […]
Red Lobster bankruptcy forces CEO switch
Celebrity chef Andrew Gruelle speaks out about the rising costs of doing business in California as his beloved fast-food chain is forced to close 48 locations across the state. The group seeking court approval to buy Red Lobster has chosen former PF Chan CEO Damola Adamolekun to run the embattled seafood chain as it emerges […]
Holy creative bankruptcy! New ‘Batman’ to battle lady Penguin
Amazon Prime’s new Batman animated series has gender-swapped the villain The Penguin into a woman, with creators saying the change was inspired by drag queens and musical theatre. “Batman: The Caped Crusader” was a huge success.Batman: The Animated SeriesThe program aired from 1992 to 1995. Tim and executive producer James Tucker said: Emmy Awards They […]
Police ally of scandal-ridden Mayor Tiffany Henyard indicted on bankruptcy fraud charges
A police chief and ally of Dolton, Illinois’ controversial Mayor Tiffany Henyard was indicted Monday by a federal grand jury on bankruptcy fraud charges. Lewis A. Lacey, 61, a former deputy police chief in Dolton, Illinois, is accused of concealing assets and income to avoid paying creditors and settling lawsuits, the U.S. Attorney’s Office for […]
Legendary beauty products seller Avon files for bankruptcy
See what’s clicking on FoxBusiness.com Avon Products files application Chapter 11 Bankruptcy The cosmetics brand is seeking to address liabilities and legal responsibility arising from lawsuits that allege its talc-based products are contaminated with carcinogens. The holding company has not sold Avon products in the United States since selling its North American operations in 2016, […]