The US-based operator of Forever 21 was preparing to close at least 200 more locations as part of a bankruptcy process expected to kick off as soon as next month, Bloomberg News reported Wednesday ...
Electric truck maker Nikola, which briefly boasted a market value above Ford Motor before its founder was charged with fraud, filed for bankruptcy after struggling with high costs and a trucking ...
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Forever 21 is closing stores as the fast-fashion retailer's U.S. operator is considering bankruptcy, five years after the company escaped Chapter 11, according to multiple reports. In a statement ...
Nikola files for Chapter 11 bankruptcy, seeking asset sale while continuing limited operations until March 2025. Nikola plans to pursue value-maximizing sale transactions for its operations.
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Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...
Nikola Corp., a manufacturer of zero-emission trucks, filed for Chapter 11 bankruptcy protection. The company cited macroeconomic factors and market headwinds for its financial struggles.
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Forever 21 is not doing so well after only five years of escaping its filing for Chapter 11 bankruptcy. According to CNBC and the Wall Street Journal, the fast-fashion retailer has been looking ...