Axios Visuals If capitalism without bankruptcy is like Christianity without hell, as former astronaut and Eastern Airlines CEO Frank Borman famously put it, then the U.S. over the past decade or so ...

Larger banks are exposed to growing risks. Read why some community banks with conservative models remain safer options.

Nearly 700 firms filed for bankruptcy last year, the highest number since the Great Recession shuttered businesses in 2010.

Party City emerged from bankruptcy in October 2023, freed from $1 billion of debt and with “an excellent foundation in place ...

Electric vehicle startups face a wave of bankruptcies and cash shortages as demand cools and costs rise. The shifting political landscape in the U.S. threatens to further undermine the struggling ...

Corporate bankruptcies are on the rise. In recent months, Party City, Big Lots, Spirit Airlines, and other discount providers ...

US corporate bankruptcy filings hit a 14-year high in 2024 as filings continued at a steady clip in December 2024 and ...

Bankruptcies of U.S. private equity and venture capital portfolio companies jumped to 110 last year, or 15.9% of the 694 ...

Out-of-court manoeuvres seeking to stave off bankruptcy also increased last year, outnumbering bankruptcies by about two to ...

For the fifth consecutive year, more companies filed for bankruptcy in Texas last year than any other state in the U.S. But ...

The lull in Massachusetts bankruptcies is over, recent data shows: It looks the total number of filings last year in the Bay ...