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The Latest Breaking News from Bankruptcy

'Going bankrupt': Iran shopkeepers struggle as war dims demand

At a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soaring prices caused by the US-Iran war have eaten into sales, leaving businesses fighting for survival. Many shoppers, whose purchasing power has weakened since the outbreak…

The Economic Times · 22h ago

Crumbl Faces 'Fading Novelty' and GLP-1 Snack Shifts as Sales Fall and Store Closures Mount in 2026

Crumbl has closed at least 57 US stores in 2026, while falling foot traffic, weaker sales, GLP-1 drugs and franchisee bankruptcy add to pressure on the cookie chain.

International Business Times UK · Oct 11

A Reality TV Paycheck Doesn’t Last Forever — 8 Stars Who Had Serious Money Problems After Fame

Reality television can turn ordinary people into household names, but fame doesn’t guarantee lasting financial security. Behind the luxury homes, designer wardrobes, and expensive vacations, some celebrities have faced staggering debts, bankruptcy filings, and legal troubles.

Budget and the Bees · Oct 10

From analysis to the latest developments in health,
read the most diverse news in one place.

Guitar Center is dropping its ban on playing 'Stairway to Heaven.' It’s part of the CEO’s big turnaround plan

The big box chain wants to feel more like your neighborhood indie guitar store.

Fortune · Oct 10

ED arrests Rakesh Kumar Gupta, chairman of media broadcast company in insolvency-linked case

Rakesh Kumar Gupta, chairman of Sadhna Group, was arrested under the Prevention of Money Laundering Act. The Enforcement Directorate claims he manipulated insolvency processes to settle large tax dues for a fraction of the owed amount. Allegations include substantial cash transactions linked to cryptocurrency and questionable payments to connected creditors.…

The Economic Times · Oct 10

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