President Trump's financial disclosure report shows over $2.2bn in revenue for 2025, a significant increase attributed to investments from entities with ties to the UAE and settlements from defamation lawsuits. This surge in wealth contrasts with recent legal setbacks and public approval ratings.
Dish Network, operator of Dish TV and Sling TV, has filed for Chapter 11 bankruptcy due to unforeseen delays in selling $23 billion worth of 5G spectrum to AT&T. The company expects to emerge from bankruptcy by Q3 2026, with Dish TV and Sling TV continuing operations.
Dish, operator of Dish TV and Sling TV, has filed for Chapter 11 bankruptcy due to unforeseen delays in its $23 billion 5G spectrum sale to AT&T, leading to insufficient liquidity for debt repayment. Services will continue, and the company plans to emerge from bankruptcy by Q3 2026.
Dutch prosecutors are seeking bankruptcy for crypto platform Knaken, which has been offline since June, locking out an estimated 30,000 customers. A separate criminal investigation is also underway.
Scandinavian airline SAS confirmed a record order for up to 40 Airbus A330 family aircraft to renew and expand its long-haul fleet, marking a significant step after emerging from US Chapter 11 bankruptcy in 2024.
Hofbrauhaus Wolters, a German brewery founded in 1627, has filed for bankruptcy due to surging operating costs and a significant drop in beer consumption. The company plans to restructure under self-administration, retaining employees while shifting towards non-alcoholic beverages amidst Germany's economic struggles and high energy prices.
The Christian Brothers religious order is reportedly facing bankruptcy by September, spending $1.7 million weekly on abuse victim payouts. An application for a stay on civil claims was adjourned, with lawyers for survivors seeking more time to assess asset sale plans.
Spirit Airlines' exit signals a potential end to the dominance of low-cost carriers in the U.S. Rising fuel costs, increased demand for premium services, and the scale of major airlines are pushing prices up, making travel less accessible for budget-conscious consumers.
Thousands of UK companies risk bankruptcy due to soaring energy costs, which are double those in continental Europe. A survey by Make UK reveals a quarter of manufacturers are moving production overseas, and one in 10 fear insolvency within a year.
Russia's Federation Council and State Duma are developing new laws to help debtors, both businesses and individuals, avoid bankruptcy. The initiatives focus on rehabilitation procedures for companies and a unified creditor approach for restructuring personal debts.
Mt. Gox estate wallets transferred over $739 million in Bitcoin on June 2, moving 10,422 BTC to new addresses. This activity, occurring before the Oct. 31, 2026, repayment deadline, has raised concerns about potential market supply, though no onward movement to exchanges or custodians has been confirmed.
Hundreds of Polish farmers are on the brink of bankruptcy after the Agricultural Property Agency demanded repayment of huge subsidies. One farmer, Paweł Jaszcz, was accused of fraud and ordered to repay 570,000 PLN, but later won his case in court. An investigation revealed a systemic practice against farmers.
Nvidia CEO Jensen Huang shared the immense struggles and sacrifices behind building the world's most valuable semiconductor company, admitting he wouldn't have started it if he knew the pain involved. He recalled near-bankruptcy, stock collapses, and personal losses.
Families successfully campaigned to save William Blake House, a care home for adults with learning disabilities, from bankruptcy. Their efforts uncovered alleged financial mismanagement, prompting a Charity Commission inquiry and leading to its takeover by Camphill MK Communities.
Families of adults with learning disabilities have saved William Blake House care home from bankruptcy by exposing alleged financial mismanagement, leading to a Charity Commission inquiry and the transfer of services to Camphill MK Communities.
Prediction markets like Kalshi and Polymarket are increasingly popular, but experts and recovering addicts warn they are as addictive as traditional gambling and lack sufficient regulation, contributing to a rise in problem gambling rates.
Prime Trust's bankruptcy trust has sued Swan Bitcoin, alleging the crypto firm used insider knowledge from a senior executive to withdraw nearly $1 billion in assets, including Bitcoin and cash, days before Prime Trust's collapse in August 2023.
Parker, a Y Combinator-backed fintech offering corporate credit cards and banking services to e-commerce businesses, has filed for Chapter 7 bankruptcy with $50M-$100M in assets and liabilities, affecting 100-199 creditors and leaving small business customers in a challenging situation.
iRobot has announced a new line of Roombas, a year after it debuted its first lidar-based robot vacuums just prior to filing for bankruptcy. This week, it introduced eight robot vacuums that improve on its prior lineup and feature lower prices, some up to £200 (about $270) cheaper. Key changes include higher suction power, a […]
Parker, a well-funded startup offering corporate credit cards and banking services, has filed for bankruptcy and is widely reported to have shut down.
Native Instruments' suite of music production software and gear, including Traktor and Kontakt, will soon live under the inMusic umbrella alongside other music tech brands like Akai Professional and Moog Music. As MusicRadar reports, Native Instruments CEO Nick Williams said the company was looking for a buyer in March, following news it had entered bankruptcy […]
Spirit Airlines was back in bankruptcy court to start dismantling the airline.
The European Union’s deepest desire is unlimited access to cheap Ukrainian labor and the complete bankruptcy of Ukraine’s economy, Leonid Ivlev said
Spirit Airlines has ceased all operations and begun an orderly wind-down after failing to secure a US government bailout. The bankruptcy follows a surge in jet fuel prices caused by the ongoing Iran war, resulting in thousands of job losses.
