The furniture and mattress chain files for bankruptcy reorganization and closes stores.

The company's two Albuquerque stores will remain open. CEO Kenton Van Harten says the company is 'hopeful this gets resolved.' ...

Cumulus Media filed for Chapter 11 bankruptcy, as the broadcaster entered into a prepackaged restructuring support agreement to eliminate roughly $600 million in debt.

With an eye on shedding around $600 million in debt, Cumulus Media has once again filed for prepackaged Chapter 11 bankruptcy. The Atlanta-headquartered radio group formally disclosed its latest ...

While the first sushi bars in the U.S. trace as far back as the 1960s and rose to nationwide popularity in the late 1990s, ...

Lila Kate Trucking, an Alabama-based carrier with 15 drivers, has filed for Chapter 11 bankruptcy protection. The post ...

When a company files for Chapter 7 or Chapter 11, investors often lose out ...

Luxury movie theater chain iPic Theaters has filed for Chapter 11 bankruptcy reorganization, vowing to try to return to ...

Multiple hotels and resorts filed for bankruptcy over the last 12 months. The sudden collapse of the company behind New York ...

In a bid to save horse racing in Illinois and preserve 250 jobs and the homes of hundreds of backside workers and their ...

Cumulus Media Inc., an audio company with a corporate office located in Atlanta, Georgia, filed for Chapter 11 bankruptcy on ...