General Motors (GM), one of the world's largest automakers, has laid off around 1,000 employees as part of its cost-cutting ...

Major League Baseball and the Atlanta Braves objected to Diamond Sports Group’s current restructuring plan, according to a ...

Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its ...

In the clearest sign yet that bankruptcy is on the itinerary, Spirit Airlines warned early Wednesday that it is preparing for ...

McCarville said the state's IT agency reorganization marks its first major changes in 20 years, restructuring departments and expanding the number of department heads who directly report to the CIO.

Swedish debt collector Intrum AB filed for bankruptcy protection in the US to implement a restructuring deal for its 58.4 ...

Three top ways to resolve business debt include: workout, where the business resolves its obligations creditor by creditor; reorganization via bankruptcy to restructure or perhaps reduce or ...

Booking Holdings announced on Friday that it will make a variety of “organizational changes,” including job cuts.

VinFast Auto (VFS) has released an update. VinFast Auto Ltd. is undertaking an internal reorganization to enhance its operational efficiency ...

Lilium initiates restructuring and investment efforts to advance its all-electric aircraft development amid insolvency proceedings.