Supreme Court temporarily blocks Purdue Pharma settlement
The Supreme Court has blocked for now a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family.
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The Supreme Court has blocked for now a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family.
Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
Yellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will layoff all 30,000 of its workers.
One of the country's biggest trucking companies which has a significant hub in Bucks County is now out of business.
Bed Bath & Beyond will live on, even after bankruptcy.
Wednesday is the last day to use your coupons or gift cards.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
The retailer said it would keep its 300 stores and its website operating, and would continue to fulfill customer orders as it searches for a new buyer for the company.
Conshohocken-based David's Bridal files for bankruptcy just days after the company lays off more than 9,000 employees nationwide.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
It's the first major retailer to file for bankruptcy since COVID-19 forced stores to close out of safety.
A top toy executive is pledging hundreds of millions of dollars in an effort to help save Toys "R" Us through a new GoFundMe effort.
Payless ShoeSource filed for Chapter 11 bankruptcy on Tuesday.
The company said it would be closing 113 stores in the United States, in addition to its 41 stories in Canada, as it seeks to "achieve long-term financial stability."
Texas is the state that will be the hardest hit, with 24 Sports Authority storefronts slated to go dark.
The bankruptcy has been looming since January.
Atlantic City's local government will meet Tuesday afternoon to consider asking New Jersey for permission to declare bankruptcy.
About 50 local college students learned a lesson outside the classroom that might be more valuable than anything they learn inside.
The restaurant chain Saladworks has filed for bankruptcy but says its customers don't have to worry.
Straub had until midnight yesterday to close on the sale, but didn't.
A federal judge in Delaware ruled Wednesday that the Chapter 11 case of casino giant Caesars Entertainment Corp. will proceed in Illinois, denying a motion by several creditor groups who wanted the case heard in Delaware.
On the same day news broke the parent company of Caesars Casino in Atlantic City filed for bankruptcy, its ballroom was filled for Mayor Don Guardian's annual State of the City address.
Trump Entertainment Resorts is asking a bankruptcy court in Delaware for permission to sell the last 353 of its slots to Patriot Gaming & Electronics, a New Jersey firm that sells new and used slot machines and parts.
