bankruptcy protection

Wojcicki’s nonprofit gets court approval to buy 23andMe for $305M

July 12, 2025 Wyatte Grantham-Philips

NEW YORK — Anne Wojcicki’s bid to buy 23andMe, the genetic testing company she cofounded nearly 20 years ago, has received the court green light. That means Wojcicki’s nonprofit TTAM Research Institute will purchase “substantially […]

Publishers Clearing House files for Chapter 11

April 19, 2025 Wyatte Grantham-Philips

NEW YORK — Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection. In an announcement this week, PCH said it […]

Operator of mall staple Forever 21 files bankruptcy protection

March 23, 2025 Michelle Chapman and Anne D’Innocenzio

Forever 21 has filed for bankruptcy protection for a second time and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and […]

Big Lots conducts going-out-of-business sales

December 27, 2024 Anne D’Innocenzio

NEW YORK — Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells furniture, home decor and other items, […]

WeWork seeks bankruptcy protection in stunning fall for a firm once valued at close to $50 billion

November 8, 2023 The Associated Press

NEW YORK — WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went […]

Pandemic takes a bite, Chuck E Cheese files for bankruptcy

June 25, 2020 The Associated Press

NEW YORK — Chuck E Cheese, the restaurant chain that became a Mecca for children and a crucible for many of their parents, is filing for bankruptcy protection. CEC Entertainment Inc. has reopened 266 of […]