Washington (CNN) -- The Supreme Court declined Thursday to halt a $2.46 billion bankruptcy settlement for the Boy Scouts of America, rejecting an emergency request from a group of childhood sex-abuse ...

The U.S. bankruptcies have soared to levels not seen in years. Through the first seven months of 2025, 446 large companies have gone under. That number is 12% above the 2020 pandemic wave and the ...

Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time in less than a year on August 29, 2025, marking a stunning fall for the ultra-low-cost carrier that once boasted ...

Red Lobster is headed out of bankruptcy. CBS News reports that a U.S. bankruptcy judge has approved the seafood chain’s reorganization plan nearly four months after it filed for bankruptcy protection.