Search results for "bankruptcy"

September 24, 2025
How the GENIUS Act Could Reshape Payments of All Types...

The future of payments got a boost from Congress through its July 2025 passage of the GENIUS Act, which could reshape payments in everyday life from contracts to the checkout...


September 22, 2025
CVS Health Subsidiary Omnicare Files for Bankruptcy After Civil Lawsuit...

Omnicare, a CVS Health subsidiary that provides pharmacy services to skilled nursing facilities, independent and assisted living communities and other segments of the long-term care market, filed for bankruptcy Monday...


September 16, 2025
United Airlines CEO Rules Out Buying Spirit Airlines Assets

United Airlines will not pursue any of Spirit Airlines’ assets as the struggling carrier undergoes another restructuring process, according to Reuters. Chief Executive Scott Kirby said on Tuesday that the discount airline’s...


September 10, 2025
Subprime Auto Lender Tricolor Files to Liquidate in Bankruptcy

Subprime auto lender Tricolor Holdings reportedly filed to liquidate in bankruptcy Wednesday (Sept. 10), the same day it was reported that banks were set to suffer hundreds of millions of...


September 10, 2025
Fifth Third Says $200 Million Loan Fraud Isolated Incident

Fifth Third Bank says a fraud incident on a $200 million loan was a one-time occurrence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...


September 03, 2025
FINRA Hits Synapse Execs With Misconduct Claims

The Financial Industry Regulatory Authority (FINRA) is reportedly investigating misconduct allegations against two former executives of collapsed banking-as-a-service (BaaS) provider Synapse Financial Technologies. Get the Full Story Complete the form...


September 01, 2025
Strategy Eyes First Crypto Spot on S&P 500

Strategy, the software-firm-turned-bitcoin-treasury-pioneer, reportedly qualified for a potential S&P 500 listing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...


August 29, 2025
Forever 21 Bets on US and China Relaunch

Forever 21 is reportedly planning to open some brick-and-mortar stores in China and is seeking a partner with which it can relaunch in the United States. Get the Full Story Complete...


August 26, 2025
EchoStar to Sell Spectrum Licenses to AT&T in $23 Billion...

EchoStar Corp. has struck a multibillion-dollar agreement to sell wireless spectrum licenses to AT&T Inc. in a move designed to bolster the company’s financial standing and ease regulatory pressures. The...