Now, after filing for Chapter 11 bankruptcy and restructuring its business model, traders and investors face an important question: can the company rise from the ashes into a market that has changed?

Bill Ackman's Pershing Square has bought over 15.2 million Hertz shares since Q4 2024, with profits exceeding 90% after the company reports its first profits in two years.

Billionaire Bill Ackman's investment firm is selling exposure to Google, Uber and two additional equities – while holding ...

That convenience factor strikes at the heart of Carvana's business proposition. Carvana sets up "car vending machines" in key cities and offers buyers a still-novel way to shop from home for a used ...

Steve Sonnenberg built his billion-dollar company Awardco off a credit card purchase with money he didn't have: "Every entrepreneur is a little bit crazy." ...

From the airports that made aviation history to white elephants that had to be abandoned, here are some of the most ...

Steve Sonnenberg built Awardco into a $1 billion company after a previous business fell apart, leading him to file for ...

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A leading solar energy development firm in North Carolina is closing its Asheville plant and laying off more than 78% of its workforce as it files for bankruptcy due to renewable energy policy changes ...

The research for the 2026 Top Lawyers list was created by PRS (Professional Research Services) and is based on an online peer-review survey sent out to the certified lawyers within the metro Detroit ...

NASHVILLE, Tenn. (WKRN) — The CEO of Plaza Mariachi provided an update after filing for voluntary Chapter 11 bankruptcy protection more than a year ago. In July 2024, CEO Mark Janbakhsh announced the ...