Bankruptcy

The Drive-Thru: Amazon's 'Brilliant Clark,' Tuesday Morning's bankruptcy, and Ruby Tuesday quietly closes restaurants

The Drive-Thru: Amazon's 'Brilliant Clark,' Tuesday Morning's bankruptcy, and Ruby Tuesday quietly closes restaurants

1 day ago   |   Business Insider

Hope everyone is holding up alright this Friday. Welcome back to The Drive-Thru, where you can get all the info you need on what happened in restaurants and retail this week...
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Le Pain Quotidien freed from 59 leases in bankruptcy

1 day ago   |   The Real Deal New York

Upscale bakery chain Le Pain Quotidien will be allowed to break 59 of its leases, in a decision the judge acknowledged is “unusual.” The company filed for Chapter 11 bankruptcy...
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SAA Bankruptcy Administrators to Submit Rescue Plan Friday

1 day ago   |   Bloomberg


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PG&E Wins California Approval of Bankruptcy Plan

1 day ago   |   Bloomberg

California regulators approved PG&E Corp.'s $58 billion reorganization plan, bringing the power giant another step closer to exiting the biggest utility bankruptcy in U.S. history.
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California Regulators Back PG&E Bankruptcy Plan

2 days ago   |   NY Times

The vote increases the likelihood that the utility will resolve its case by a June 30 deadline and get future liability protection from the state.
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Regulators approve PG&E bankruptcy plan despite safety fears

Regulators approve PG&E bankruptcy plan despite safety fears

2 days ago   |   KCRA

California power regulators on Thursday unanimously approved Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by in a series of deadly wildfires...
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Will brick and mortar stores survive the pandemic?

Will brick and mortar stores survive the pandemic?

2 days ago   |   WESH

A number of bankruptcies have been filed this month after the economy dropped off because of the coronavirus.
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Rental cars may be about to flood the used car market as companies like Hertz go bankrupt. Here's why they're a great value for shoppers

Rental cars may be about to flood the used car market as companies like Hertz go bankrupt. Here's why they're a great value for shoppers

2 days ago   |   Business Insider

Rental car giant Hertz recently filed for bankruptcy, which means that there might soon be a bunch of used rental cars available. Contrary to popular belief, a used rental car...
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States' Automated Systems Are Trapping Citizens in Bureaucratic Nightmares With Their Lives on the Line

States' Automated Systems Are Trapping Citizens in Bureaucratic Nightmares With Their Lives on the Line

2 days ago   |   Time

Lindsay Perry was 30 weeks pregnant and on bedrest when her husband Justin was accused of unemployment fraud and fined $10,000 after losing his job as a chef in 2014. The...
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JCPenney launched a new bedding brand less than 2 weeks after filing for bankruptcy

JCPenney launched a new bedding brand less than 2 weeks after filing for bankruptcy

2 days ago   |   Business Insider

JCPenney launched a new bedding brand, called Linden Street, on Tuesday. The new brand comes just over a week after the department store filed for bankruptcy. JCPenney said...
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Supreme Court rules against church fighting social distancing restrictions

Supreme Court rules against church fighting social distancing restrictions

The Supreme Court has ruled that state officials can limit in-person church gatherings during the pandemic. The 5-4 decision saw Chief Justice John Roberts joining forces with... Read more ...

Elon Musk's historic SpaceX mission makes successful launch

Elon Musk's historic SpaceX mission makes successful launch

Elon Musk, with an assist from NASA, opened up space for private business Saturday when two veteran astronauts shot off in orbit on the first-ever manned commercial space... Read more ...

Police cars set ABLAZE near Philadelphia City Hall as protest erupts in...

Police cars set ABLAZE near Philadelphia City Hall as protest erupts in violence and vandalism

Multiple police vehicles went up in flames in the heart of Philadelphia amid a raging protest over the death of George Floyd, as authorities warned that vandalism and other... Read more ...

Los Angeles declares CURFEW as George Floyd protest descends into CHAOS

Los Angeles declares CURFEW as George Floyd protest descends into CHAOS

Los Angeles Mayor Eric Garcetti has imposed a curfew from 8pm to 5am to ensure the safety of “all citizens,” after massive anti-police brutality protests erupted in clashes and... Read more ...

Omaha police: Traffic shut down at 72nd and Dodge, protesters throwing rocks...

Omaha police: Traffic shut down at 72nd and Dodge, protesters throwing rocks at officers

On Saturday, protests over the death of George Floyd, a black man who died in police custody in Minneapolis, resumed in Omaha. Read more ...

NASA resumes human spaceflight from U.S. soil with SpaceX launch

NASA resumes human spaceflight from U.S. soil with SpaceX launch

SpaceX launched two Americans into orbit from Florida in a landmark mission marking the first spaceflight of NASA astronauts from U.S. soil in nine years. Read more ...

6-year-old pulled unresponsive from river

6-year-old pulled unresponsive from river

Authorities said the boy was found in about 5 feet of water just a few feet away from where he was last seen. Read more ...

Protest in Columbia turns violent; rocks thrown, police cars set on fire

Protest in Columbia turns violent; rocks thrown, police cars set on fire

Protesters in Columbia marched from the South Carolina State House to the police headquarters to protest the death of George Floyd. Read more ...

George Floyd protester fatally struck by FedEx truck in St. Louis

George Floyd protester fatally struck by FedEx truck in St. Louis

A man was run over and killed by a FedEx truck during protests in St. Louis, authorities said. With demonstrators marching over the death of George Floyd swarming streets and... Read more ...

Police: 2 women arrested in OTR for reportedly spitting in officer's face...

Police: 2 women arrested in OTR for reportedly spitting in officer's face, attempting to steal officer's bike

Two women were arrested in Cincinnati's Over-the-Rhine on Saturday after allegedly spitting in an officer's face and attempting to steal an officer's bike. Read more ...