Following failed talks with investors, Canoo is insolvent. The US company builds electrically powered delivery vans.

While plans are in place to stop predatory practices, the debt advisory space remains confounding for most Canadians ...

The Insolvency Department says some individuals abuse their bankrupt status to avoid burdensome loan repayments for large ...

(Reuters) - Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV ...

The world's largest English-language comic company has abruptly filed for bankruptcy. Diamond Comic Distributors announced on ...

Joann fabrics and craft store has filed for bankruptcy — again. The craft retailer filed for bankruptcy Wednesday, about nine months after its first bankruptcy filing in March 2024. After last year's ...

Joann files for Chapter 11 bankruptcy again, aims to sell assets, close stores, and restructure amidst financial struggles.

The Royal Borough of Windsor and Maidenhead (RBWM) have proposed a 25% hike to its council tax bills as part of its new ...

A councillor has said the government needs to urgently help their authority with adult care costs, to avoid bankruptcy.

A deal to reopen bankrupt Sharon Regional Medical Center in Mercer County unraveled Wednesday after a local nonprofit refused ...

A local authority has warned it could go effectively bankrupt without a "significant council tax increase". Leaders at the ...

Spirit Airlines announced it will cut 200 jobs in an effort to reduce costs after filing for bankruptcy in November.