Between the filing and agreements with stakeholders, it will eliminate $1.9 billion of debt and hopes to emerge early next ...

Spirit Airlines, Philadelphia International Airport’s third largest carrier, has filed for Chapter 11 bankruptcy protection, ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...

Stockholm-based company pinning recovery hopes partly on Quebec plant as court-monitored restructuring process begins ...

Hearthside Food Solutions, a snack producer that was mired in a child labor scandal last year, filed for bankruptcy after struggling to refinance its debt.

Bankrupt cryptocurrency exchange FTX has announced plans to begin distributing payments to creditors and customers in early ...

Three organizations have issued air travel forecasts for the 2024 Thanksgiving holiday period. They all expect it to be the ...

Europe's biggest hope for an electric vehicle battery champion filed for bankruptcy protection on Thursday after talks for ...

The Supreme Court agreed Friday to wade into a fight over Congress’ ability to delegate power to federal agencies — opening ...