Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.

Discount retailer Big Lots announced on Monday that it has filed for Chapter 11 bankruptcy protection. The filing will result in more store...

Big Lots filed for bankruptcy on Monday citing inflation and high interest rates as main reasons for the discount retail store’s financial...

Big Lots filed for bankruptcy on Monday citing inflation and high interest rates as main reasons for the discount retail store’s financial...

Steward Health Care has received approval from a bankruptcy judge to sell six Massachusetts hospitals for $343 million. This move aims to limit...

Telecoms software provider Mobileum emerged from Chapter 11 bankruptcy protection in the US following a reduction of $530 million in debt.

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from...

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from...

The push for companies to walk away from DE&I comes amid softer consumer spending and earnings.

The push for companies to walk away from DE&I comes amid softer consumer spending and earnings.