About 88,000 trucking companies and 8,000 freight brokerage companies went out of business in 2023, according to Freight ...

The 82-year-old retailer Joann confirmed in a corporate statement Wednesday that ongoing soft sales and inventory issues had ...

The Container Store is back from bankruptcy. The struggling home goods emerged from Chapter 11 bankruptcy on Tuesday, Yahoo ...

The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to ...

Chapter 11, a component of U.S. bankruptcy law, shares similarities with Sweden's corporate restructuring system. The primary objective is to ensure the company's survival rather than its liquidation.

Joann, a once popular craft chain, has filed for voluntary Chapter 11 bankruptcy proceedings, according to a an announcement.