Brazilian airline Azul SA won US court permission to exit bankruptcy and implement a creditor-backed restructuring that trims debt and lines up new investment from United Airlines Holdings Inc. and ...

United Site Services says it is the largest US provider of portable sanitation systems and that its debt became unsustainable ...

Klöckner Pentaplast ("kp" or the "Company") today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed kp's Plan of Reorganisation (the ...

OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of ...

Chegg, Inc. (NYSE:CHGG) shares are trading higher Monday after the company announced a restructuring plan and new vision for growth. The Details: The restructuring plan will include a 23% headcount ...

Losses at The Goodyear Tire & Rubber Co. narrowed in the first quarter of 2024 due in part to an ongoing restructuring that won positive reviews from analysts. Goodyear reported a Q1 net loss of $57 ...

Corporation announced a strategic restructuring plan intended to position the Company for long-term value creation for patients and ...

TelevisaUnivision will be undergoing layoffs as part of a restructuring plan of its executive team, TheWrap has learned. CEO Daniel Alegre said the move was “aimed at strengthening our position for ...

Office Properties Income Trust has ended mediation with its creditors after they failed to reach an agreement on a ...

Triveni’s shareholders have approved a restructuring plan that will separate its high-margin power transmission business from ...