Bankruptcy

Media & Entertainment

Amazon Wants in on Regional Sports Networks

Photo by Thibault Penin via Unsplash

It took a few extra innings, but Amazon and Main Street Sports Group have finally come to an agreement after a year of circling each other.

2 min read

Photo via Nikola

Electric Vehicles

Nikola Files for Bankruptcy. What’s Next for the Electric Semi-Truck Industry?

There are signs that the emissions-free long haul semi-truck industry is slowly but surely picking up momentum, with or without Nikola.

2 min read
Photo by Watts via CC BY 2.0

Consumer

Stoli’s US Bankruptcy is Just the Latest Sign of Hard Times for Spirits

Stoli Group USA, the maker of the eponymous vodka, had bankruptcy protection to be thankful for during last week’s holiday.

2 min read
Photo by Randolph Rojas via Unsplash

Industries

Spirit Airlines Finally Files for Chapter 11 Bankruptcy

Budget-friendly Spirit Airlines hasn’t reported an annual profit since 2019, and has lost some $2.2 billion since 2020.

1 min read

Consumer

TGI Fridays Files for Chapter 11 Bankruptcy

Photo by Kirk Allen via CC BY 3.0

This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.

1 min read

Photo by SHVETS Production via Pexels

Healthcare

Biotech That Once Promised ‘Next Gen’ COVID Vaccine Files for Bankruptcy

Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.

2 min read

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