Spirit Airlines (OTC:SAVEQ) is laying off around 200 employees as part of a broader effort to reduce expenses and align with ...

Pizza Hut objected to its former franchisee's motion to reject 88 leases, including nine in the Peoria-area, for multiple reasons.

This is the second time in less than a year that the retailer has filed for bankruptcy. Its stores are likely to close.

The retail chain could hold an auction for its assets should multiple bidders emerge during the bankruptcy process, the ...

Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant ...

As part of the restructuring, Diamond has received a $39 million “stalking horse” bid from an affiliate of Universal ...

Blackstone Mortgage Trust had scheduled a UCC foreclosure auction after Penn-Florida defaulted on a $145M loan.

Craft retailer JOANN filed for Chapter 11 bankruptcy on Wednesday morning, marking the second time the company has done so in ...

Joann Fabrics is filing for bankruptcy for the second time since last March, and there is already talk of a bidder that might buy the company.

Sarah Mahoney @mahoney_sarah, 9 hours ago ; Joann, the largest sewing and fabric store in the U.S., has filed for Chapter 11 ...

Joann Inc., the Hudson, Ohio-based parent of hundreds of Jo-Ann fabrics and craft stores nationwide, filed for Chapter 11 ...

Joann Fabrics announced it was declaring Chapter 11 bankruptcy for the second time within a 12-month period as it seeks a buyer to rescue the beleaguered chain. Chapter 11 bankruptcies provide ...