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Motel 6 sold to India-based OYO hotels for $525 million: ‘New chapter’

Motel 6's parent company has been acquired by India-based OYO Hotels in an all-cash deal worth $525 million, according to a press release. (Source: File) India-based hotel operator OYO is acquiring Motel 6 parent company G6 Hospitality in an all-cash deal worth $525 million, according to a statement from Blackstone Real Estate. Oravel Stays, which […]

Tupperware Files for Chapter 11 Bankruptcy After Announcing Closure of Last U.S. Plant

Food packaging giant Tupperware Brands said on Tuesday it had filed for Chapter 11 bankruptcy protection after announcing it would close its last U.S. factory to move production to Mexico. “Tupperware will seek the Court's approval to continue operating during the period of litigation and will remain focused on providing customers with its award-winning, innovative […]

Yankees, Red Sox added bizarre chapter to storied rivalry

Just when it seemed like nothing weirder could happen at the stadium after Gerrit Cole had his no-no moment against Rafael Devers in the fourth inning on Saturday, Boston manager Alex Cora nonchalantly acknowledged before Sunday's game that the Red Sox had tried to hit Aaron Judge with a pitch in the sixth inning. “That's […]

Another Restaurant Chain Files Chapter 11 Bankruptcy

Anthony's Coal-Fired Pizza & Wings and BurgerFi International, which owns the eponymous chain, joined the growing list of embattled restaurant operators filing for bankruptcy protection on Wednesday. The Fort Lauderdale-based company's 67 corporate-owned locations have sought protection from creditors in U.S. Bankruptcy Court in Wilmington, Delaware, with assets of at least $50 million and liabilities […]

BurgerFi restaurant chain files for Chapter 11 bankruptcy

The number of restaurant chains that have filed for bankruptcy this year has increased, with BurgerFi International Inc. filing for Chapter 11 bankruptcy protection on Wednesday. The company said it filed for Chapter 11 bankruptcy protection to preserve the value of its BurgerFi and Anthony's Coalfire Pizza & Wings brands “for all stakeholders.” The company […]

BurgerFi joins number of eateries filing for Chapter 11 bankruptcy

See what's clicking on FoxBusiness.com. The number of restaurant chains that have filed for bankruptcy this year has increased, with BurgerFi International Inc. filing for Chapter 11 bankruptcy protection on Wednesday. The company said it filed for Chapter 11 bankruptcy protection to preserve the value of its BurgerFi and Anthony's Coalfire Pizza & Wings brands […]

Red Lobster to exit Chapter 11 soon after judge approves sale to new owner

After months of dozens of restaurant closures and publicity over its “endless shrimp” scandal, Red Lobster is set to soon emerge from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on Thursday approved the casual seafood chain's restructuring plan and sale to a lending group led by asset management firm Fortress. The go-ahead comes just […]

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: […]

‘Horizon: An American Saga – Chapter One’ is now streaming on Max

If you buy through links on our site, New York Post may receive compensation or an affiliate commission. With the show on hiatus for over a year, is there a “Yellowstone”-sized hole in your life? Here’s just the thing to fill it. Starting today, Horizon: An American Saga – Chapter 1 is available to stream […]