Bankruptcy

Bitcoin could reach $50,000 this year and $120,000 by the end of 2024 as crypto miners begin stockpiling the digital asset, according to Standard Chartered.

Tom Brady invested $30 million into the since-collapsed and now worthless cryptocurrency exchange FTX, according to a new report. His ex-wife lost $18 million.

Bankruptcies filings for individuals and businesses in the U.S. jumped markedly in the first six months of 2023 compared to the year before as debt levels surge.

Christmas Tree Shops is slated to soon hold 'going out of business sales' at its remaining locations, a recent court filing said. They could potentially kick off Thursday at the earliest.

Major retailers are buying Bed Bath & Beyond leases as the beleaguered retailer winds down operations after filing for bankruptcy protection in April.

Ohio-based electric pickup truck maker Lordstown Motors filed for Chapter 11 on Tuesday and is taking legal action against Taiwanese manufacturer Foxconn.

Overstock.com's auction win includes Bed Bath & Beyond's intellectual property and mobile platform, though the home good's retailer's stores are not part of the purchase.

Silicon Valley Bank customers in Asia having their deposits seized by the Federal Deposit Insurance Corp. and remain indebted to First Citizens Bank for loans.

The billionaire owners of bankrupt OxyContin maker Purdue Pharma have been granted liability protection against lawsuits seeking damages over the opioid crisis.

Bankrupt cryptocurrency lender BlockFi plans to liquidate its lending platform after concluding that selling the business to a new owner wouldn’t generate enough value for creditors.

The cryptocurrency exchange Binance.US has canceled a deal to purchase the bankrupt crypto exchange Voyager Digital for $1.3 billion.

Christmas Tree Shops has identified a number of locations for closure as part of its Chapter 11 bankruptcy process. The retailer kicked off the process on Friday.

A bankruptcy filing may soon come from Christmas Tree Shops, according to a Thursday report from the Wall Street Journal. The retailer formerly belonged to Bed Bath & Beyond.

Retailers Big Lots and The Container Store will accept expired Bed Bath & Beyond coupons and are offering in-store deals to customers who bring them in.

Bed Bath & Beyond customers have only a few more days to use their coupons as the company begins to wind down operations. It plans to close all stores by June 30.

Embattled retailer Bed Bath & Beyond is preparing a bankruptcy filing for as early as this weekend as it struggles to raise the capital needed to avert default.