Bankruptcy

Helicopter sightseeing company whose chopper crash off Manhattan killed 6 is shutting down immediately
The Federal Aviation Administration said Sunday that the helicopter tour company whose sightseeing chopper broke apart in flight and crashed ...

Nikola founder Trevor Milton accused of trying to derail bankruptcy case
A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on ...

Spirit Airlines CEO steps down after emergence from bankruptcy
Spirit Airlines said Chief Executive Officer Ted Christie is stepping down, less than a month after the pioneering discount carrier ...

These are the people who want to buy 23andMe
Spit into a test tube, send it to Silicon Valley, then sit back and wait for information about your ancestry ...

Hooters was dumped by its NASCAR team and sued for only hiring ‘Hooters Girls’ to serve customers. Now it’s filed for bankruptcy
Hooters, the U.S.-based restaurant chain known for chicken wings and “Hooters Girls” skimpy wait-staff outfits, has filed for bankruptcy protection. ...

Northvolt cuts workforce to 1,700 as part of bankruptcy process
Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees ...

How workforce cuts helped downward spiral of Joann Fabrics
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23andMe says it won permission from a judge to sell customers’ medical and ancestry data. Here’s how to delete yours
A U.S. bankruptcy judge ruled DNA-testing company 23andMe, which filed for bankruptcy Sunday, has the right to sell customers’ medical ...

From $6 billion unicorn to bankrupt cautionary tale: The story of 23andMe
The DNA testing company 23andMe—once one of the hottest startups in Silicon Valley—declared bankruptcy on Monday. Anne Wojcicki, the cofounder ...

DNA testing company 23andMe files for bankruptcy protection, CEO resigns
Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its ...