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'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.
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.
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.
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.
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.