bankruptcy

National

The fight for Alex Jones' Infowars company heats up as Jones sues to hold on

8:04pm November 19, 2024

The Onion thought it had the last laugh when it was named the winning bidder after last week's bankruptcy auction. Now, Jones says that bid was "fake dollars" and wants a judge to disqualify it

Tupperware, no longer a kitchen staple, files for bankruptcy

8:30am September 18, 2024

Tupperware's reliance on people selling its storage containers at home-and-garden parties or through social media was once its strength. Now it's a weakness, the company says in its bankruptcy filing.

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Big Lots is closing stores and filing for bankruptcy

3:44am September 10, 2024

The U.S. discount retail chain said its customers will still be able to earn and redeem rewards, as well as use gift cards and store credit cards.

Economy

Bankruptcy, basketball, and bringing the dollar down

5:48pm July 19, 2024

It's Indicators of the Week! We cover the numbers in the news that you should know about. This week, we cover climbing corporate bankruptcies, J.D. Vance's potential to bring the dollar down, and the NBA's new super serious salary cap.

Related episodes:
The Science of Hoops
Why Ecuador Uses The Dollar?

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A sign for Yellow Corp. trucking company stands outside its facility Monday, July 31, 2023 in Nashville, Tenn. Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.

National

Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles

5:17am August 07, 2023

by The Associated Press

The Chapter 11 bankruptcy, which was filed Sunday, comes just three years after Yellow received $700 million in pandemic-era loans from the federal government.

A close up of a Boy Scout uniform is photographed on Feb. 4, 2013, in Irving, Texas. On Tuesday, March 28, 2023, a federal district court judge upheld the approval of a $2.4 billion bankruptcy reorganization plan aimed at resolving tens of thousands of child sexual abuse claim against the Boy Scouts of America.

National

The Boy Scouts are out of bankruptcy and will pay $2.4 billion to sex abuse survivors

2:50am April 21, 2023

by Ayana Archie

The fund was formed in response to allegations from about 82,500 men that they were molested as children while members of the organization. The Boy Scouts also announced new measures to prevent abuse.

Johnson & Johnson announced last year that it would suspend all talc baby powder sales worldwide.

Health & Safety

Appeals court clears the way for more lawsuits over Johnson's Baby Powder

4:32pm January 30, 2023

A U.S. appeals court has dismissed the bankruptcy case filed by a Johnson & Johnson spinoff company. Around 40,000 cancer patients have filed suit, alleging the powder was contaminated with asbestos.