Bankruptcies

23andMe Customers Did Not Expect Their DNA Data Would Be Sold, Lawsuit Claims
Twenty-seven states and the District of Columbia have sued the genetic-testing company 23andMe to oppose the sale of DNA data from its customers without their direct consent.The suit, filed...
Japan curry shops see record bankruptcies as rice prices soar
Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in MarchPublished Fri, Jun 6, 2025 · 03:27 PM[TOKYO] A...
WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed for bankruptcy on Tuesday in an effort to reduce its...
China’s murky bankruptcies expose hazards for foreign investors
[CHINA] When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill.The retired Apple executive from Albuquerque had invested about US$100,000...
Hooters Files for Bankruptcy, but Its Restaurants Will Stay Open
Hooters, the restaurant chain known for its chicken wings, its all-female serving staff in revealing outfits and its slogan — “delightfully tacky, yet unrefined” — has filed for bankruptcy...
23andMe Files for Bankruptcy Amid Concerns About Security of Customers’ Genetic Data
The genetic testing company 23andMe filed for bankruptcy protection on Sunday after months of uncertainty over its business model and mounting concerns about the security of the troves of...
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
Joann, the fabrics and crafts retailer that has supplied quilters, seamstresses and school projects for 80 years, announced that it would close down all of its stores in the...
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday.Founded in 2015, Nikola promised to develop long-haul...
Joann Customers React to Store Closings and Bankruptcy
Crafters, quilters, knitters and makers across the country received bleak news on Wednesday when they learned that Joann, the arts-and-crafts retail giant, was preparing to close more than half...
Frontier Airlines Offers to Buy Spirit Airlines, Again
Frontier Airlines on Wednesday said that it offered to buy Spirit Airlines three years after the failure of a previous proposed deal. Frontier valued its stock and cash offer...
Sacklers Up Their Offer to Settle Purdue Opioids Cases, With a New Condition
Seven months after the Supreme Court struck down a deal that would have resolved thousands of opioid cases against Purdue Pharma, the company’s owners, members of the Sackler family,...
When the Retirement Community Goes Bankrupt
Three years ago, when Bob and Sandy Curtis moved into an upscale continuing care retirement community in Port Washington, N.Y., he thought they had found the best possible elder...