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Grubhub Owner Wonder Seeks Up to $500 Million to Refinance Debt

Grubhub Holdings Inc.’s owner Wonder has approached lenders including private credit firms as it seeks to raise between $400 million and $500 million to refinance the food delivery company’s existing ... read more

'I'm powerless': New Jersey family left in the dark after $55,000 solar ...

Solar company's collapse The family signed a contract with a company called SunPower three years ago to set up a solar system. read more

Why did WeWork fail, and what is next for the company?

Flexible workspace provider WeWork sought U.S. bankruptcy protection on Monday, crippled by a large debt pile and soaring losses due to lower demand for office space from cost-conscious customers. read more

What Technicolor’s Collapse Teaches Us About Cognitive Lock-in

What Technicolor’s Collapse Teaches Us About Cognitive Lock-in After 110 Years, the visual effects company behind movies like Dune and Wizard of Oz, shut down. read more

WeWork Files for Bankruptcy: What to Know About the Company’s Collapse

WeWork’s collapse into bankruptcy is the culmination of a years-long saga for the company, which was once the biggest office tenant in Manhattan. read more

What the collapse of a company owing $300 billion means for the world

Evergrande, China's biggest real-estate developer, is being liquidated. It has assets worth about $245 billion, but owes about $300 billion. read more

China Evergrande shares plummet after its debt restructuring plan runs ...

Evergrande’s plan to restructure its massive debts is in trouble because of a regulatory probe into its main subsidiary, the embattled Chinese developer said Sunday. read more

Builder.ai collapse exposes dangers of ‘FOMO investing’ in AI

The dramatic collapse of Builder.ai exemplifies the growing risks of "FOMO investing," according to an expert in tech growth intelligence. read more

Here are 7 of the well-known companies that went bankrupt in 2023 - CNN

It’s been a rough year for some household-name US retailers and businesses. As the economy emerged out of the Covid-19 pandemic, companies faced a laundry list of problems arising from high ... read more

Bangkok Building Collapse Leads to Scrutiny of Chinese Company - The ...

Workers said poor-quality materials were used during construction by a Chinese developer as it sought to cut costs. Investigators also said they found substandard steel bars in the rubble. read more

She Sold Her Company but Was Still Liable for Its Debt After This ...

She Sold Her Company but Was Still Liable for Its Debt After This Critical Mistake Amanda Goetz was done with her startup, House of Wise, after an exit. It wasn’t done with her. read more

WeWork cleared to exit bankruptcy and slash $4 billion in debt

A U.S. bankruptcy judge on Thursday approved WeWork's Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company's equity over to a ... read more