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Tag: filing

Struggling Big Lots preparing bankruptcy filing, will sell stores: report

Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its store chain under court supervision. Bloomberg News reported. He said Friday, citing people familiar with the matter. The company is reportedly continuing to operate under Chapter 11 bankruptcy protection and is currently in […]

Larry Ellison will control Paramount after Skydance deal: filing

Tech billionaire Larry Ellison will reportedly take control of CBS parent company Paramount Global after Skydance Media completes its acquisition of the Redstone family's stake in the film and TV company. According to a filing with the Federal Communications Commission, the Oracle co-founder will own 77.5% of National Amusements, Paramount's controlling shareholder, through a trust […]

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 […]

Super Micro shares fall 23% on filing delay, Hindenburg Research report – CNBC

Supermicro Computers CEO Charles Liang attends the AMD Advancing AI event on December 6, 2023 in San Jose, California. David Paul Morris | Bloomberg | Getty Images Stock Super Microcomputer The company's shares fell more than 23% on Wednesday. Announced The company will not file its annual report for that fiscal year with the Securities […]

Robert F. Kennedy, Jr. to endorse Trump for president, court filing shows

Independent presidential candidate Robert F. Kennedy Jr. said in a court filing on Friday that he supports former President Donald Trump, according to the Associated Press. According to the Associated Press, Kennedy’s campaign asked Pennsylvania to remove him from the ballot in court filings, though the filings did not specify whether he would cease campaigning. […]