Christmas Tree Shops files for bankruptcy, will close some stores
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.
Biden's mortgage redistribution plan is a move towards 'socialism': Alex Sanchez
Florida Bankers Association President and CEO Alex Sanchez discusses the regional bank rebound and the Biden administration's new credit regulations.
Christmas Tree Shops may soon file for bankruptcy protection
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.
They've turned equal opportunity into equal outcome: Rep. Kat Cammack
Rep. Kat Cammack, R-Fla., and former investment banker Carol Roth discuss the potential bank crisis in America on ‘The Evening Edit.’
Bed Bath & Beyond coupons accepted at Big Lots, The Container Store in wake of bankruptcy
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.
David's Bridal CEO Jim Marcum has a plan to save the iconic retailer
David's Bridal CEO Jim Marcum discusses how the nation's largest wedding outfit retailer can survive bankruptcy on 'The Claman Countdown.'
Bed Bath & Beyond bankruptcy: Coupons expiring, return deadlines
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.
Bed Bath & Beyond preparing for bankruptcy filing within days
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.
David’s Bridal will close all stores in Chapter 11 unless buyer emerges
Sunday's bankruptcy filing marks the second in less than five years for David's Bridal, which supplies wedding gowns to one out of every four brides in the U.S.
Former Home Depot CEO issues grim warning over US bankruptcies: ‘It’s different than anything I’ve seen’
Former Home Depot CEO Bob Nardelli reacts to March's worse-than-expected retail sales, predicting that the U.S. economy will have a surge of bankruptcies.
Major movie theater advertising network files for bankruptcy protection
National CineMedia LLC has filed for bankruptcy, a voluntary move the major cinema advertising network revealed Tuesday. Its share price saw a spike amid the news.
FTX has recovered $7.3B in assets, bankruptcy lawyer says
Attorneys for bankrupt cryptocurrency exchange FTX said Wednesday the company has recovered more than $7.3 billion in cash and crypto assets since its collapse.
FTX collapse report: 'Hubris, incompetence, and greed' led to failure
FTX's new management team released its first report on what led to the cryptocurrency exchange's demise under the leadership of founder Sam Bankman-Fried.
Auditors didn’t flag risks building up in banks
Audit firm KPMG LLP flagged potential losses on loans as a critical matter for Silicon Valley Financial but missed the inherent bond losses and unreliable deposits that took the financial institution down, the Wall Street Journal reported.
US corporate bankruptcy filings spiked in March: S&P Global
U.S. corporate bankruptcy filings surged in March according to the latest data from S&P Global, which reports the highest number of filings in the first quarter since 2010.
Banks could begin canceling lines of business credit soon
Small businesses could soon see lines of credit canceled from banks as the global banking crises, inflationary pressures and rising interest rates slow commercial lending.
Bed Bath & Beyond enters into $120M merchandise agreement in bid to stave off bankruptcy
Bed Bath & Beyond announced a $120 million vendor consignment program with ReStore Capital that the struggling retailer hopes will help it keep inventory on the store shelves.
Johnson & Johnson to pay $8.9B to resolve claims baby powder, talc products caused cancer
Johnson & Johnson said Tuesday that it would pay $8.9 billion to resolve all current and future allegations that its baby powder containing talc caused cancer.
Ryan Payne: Chasing gold prices is 'fool's good'
Payne Capital Management President Ryan Payne and Bullseye American Ingenuity Fund portfolio manager Adam Johnson discuss rising gold prices, corporate job layoffs and the markets amid expecting earnings reports.
Richard Branson's Virgin Orbit files for bankruptcy
A major blow to Richard Branson's Virgin Orbit Holdings. It filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company attempted to recover from a rocket failure.