W hen you're facing increasing amounts of debt without a way to pay it off, the path forward isn't always clear. As a result, ...

Retail sales in the cannabis space continue to rise, but brands have struggled to differentiate themselves. A number of major ...

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved its recovery plan.

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.

Nikola (NKLA) shares plunged by over 50% on Wednesday after the electric vehicle (EV) maker was unable to raise funds or ...

The long-troubled Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday. News from company leaders had largely been quiet the past few months, leading some to believe such a move ...

The electric vehicle startup Nikola has filed for bankruptcy protections after it failed to secure new money or locate a ...

Electric vehicle startup Nikola filed for Chapter 11 bankruptcy on Wednesday and plans to move forward with an auction of its ...

Nikola (NKLA) filed for Chapter 11 bankruptcy, with $47 million in cash, limited operations through March, and plans for a ...

One of Arizona's largest electric vehicle (EV) makers has filed for bankruptcy, and FOX 10's Steve Nielsen has more on what ...