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Bitcoin's Brutal Reckoning: Miners and ATM Operators Exit as Prices Slide and Costs Mount
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Bitcoin's Brutal Reckoning: Miners and ATM Operators Exit as Prices Slide and Costs Mount

WebProNews·Ava Callegari·about 14 hours ago
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Bitcoin Depot shuttered 9,700 ATMs after a 49% revenue drop and filed Chapter 11, joining miners like NFN8, BitRiver and Bitfarms that exited amid price weakness, high costs and regulatory pressure.…

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Spirit Airlines Seeks to Start Orderly Wind-Down to Sell Assets
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Spirit Airlines Seeks to Start Orderly Wind-Down to Sell Assets

Bloomberg.com·Soma Biswas, Jonathan Randles·28 days ago
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Spirit Aviation Holdings Inc. is set to start an orderly wind-down process to sell its assets, capping the downfall of the low-cost carrier that has filed for bankruptcy twice in recent years and failed to clinch a last-minute US government rescue.

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Saks Global Is Setting Up a Litigation Trust With Creditors to Pursue Potential Claims
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Saks Global Is Setting Up a Litigation Trust With Creditors to Pursue Potential Claims

WWD·Evan Clark·about 1 month ago
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Saks Global establishes a $20M litigation trust to pursue legal claims as it navigates bankruptcy, aiming to recover funds for creditors and investors.

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Spirit Airlines Could Stop Flying Tonight As Government Bailout Talks Fail
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Spirit Airlines Could Stop Flying Tonight As Government Bailout Talks Fail

View from the Wing·Gary Leff·about 1 month ago
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Spirit Airlines flights are still operating — but possibly not for long. A rumored shutdown could come as soon as tonight after talks over a $500 million federal bailout failed, leaving creditors, the government, and the bankrupt airline unable to agree…

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Archdiocese of NY to pastors: raise hundreds of millions for sexual abuse vics or we go bankrupt
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Archdiocese of NY to pastors: raise hundreds of millions for sexual abuse vics or we go bankrupt

New York Post·Rich Calder·about 1 month ago
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The Archdiocese of New York is reportedly in danger of bankruptcy unless it raises hundreds of millions of dollars to pay off roughly 1,700 people who allege priests and lay staff members sexually …

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Water Bankruptcy’s Silent Threat: Why Markets Ignore the $58 Trillion Crisis Draining Global Economies
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Water Bankruptcy’s Silent Threat: Why Markets Ignore the $58 Trillion Crisis Draining Global Economies

WebProNews·Eric Hastings·about 1 month ago
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Global water bankruptcy drains aquifers beyond recovery, costing $307 billion yearly in droughts, yet markets misprice the $58 trillion risk to GDP. UN reports warn of food shocks and sovereign strains from Egypt to the Colorado River.

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Casino operator with machines in three states shuts down one of its locations as financial woes continue
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Casino operator with machines in three states shuts down one of its locations as financial woes continue

The Independent·Erin Keller·about 1 month ago
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Maverick Gaming, which operates 27 gaming properties across Nevada, Washington and Colorado, filed for Chapter 11 bankruptcy last year

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