January 28, 2024
JetBlue Casts Doubt on $3.8 Billion Merger with Spirit Airlines...
JetBlue Airways has thrown the future of its $3.8 billion merger deal with Spirit Airlines into uncertainty by suggesting it may not be able to meet certain conditions required as...
January 22, 2024
Audacy Looks to Streaming Post-Bankruptcy as Audio Media Becomes Subscription-Based
With consumers increasingly getting their audio broadcasting from subscription platforms, Audacy is looking to streaming in its bankruptcy recovery. As Inside Radio reported Monday (Jan. 22), the internet radio and podcast...
January 22, 2024
Terraform Labs Files for Bankruptcy
Terraform Labs, whose collapse triggered a wider cryptocurrency market earthquake, has filed for bankruptcy. The Singapore-based digital asset company filed for Chapter 11 in Delaware Sunday (Jan. 21), listing assets and liabilities...
January 21, 2024
Illinois Supreme Court Strikes Down Broad Interpretation of Antitrust Law...
The Illinois Supreme Court has invalidated an expansive interpretation of state antitrust law, preventing employers from potentially colluding to manipulate worker wages. The decision, delivered on Friday, addresses concerns that...
January 19, 2024
Court Orders Independent Bankruptcy Examiner to Investigate FTX Collapse
A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX. The court agreed with a government watchdog’s argument that appointing an independent bankruptcy examiner was...
January 18, 2024
Amazon’s Diamond Sports Investment Comes as Streaming Services Seek Game...
Amazon is partnering with Diamond Sports Group, a move that comes as video streaming platforms see huge boosts from their sports offerings. The eCommerce giant is making a minority investment...
January 17, 2024
Bankman-Fried’s Parents Seek to Quash FTX Lawsuit
Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. Joseph Bankman and Barbara Fried were sued last year by FTX, with the bankrupt cryptocurrency exchange alleging that...
January 11, 2024
Report: FTX Customers Feel Cheated by Bankruptcy Repayment Plan
Some former FTX customers are reportedly unhappy with the bankrupt cryptocurrency company’s repayment plans. More than 80 customers have written to the federal bankruptcy judge overseeing the case to slam...
January 10, 2024
True Religion Takes Fashion to the Catwalk — Literally
Once seen as a symbol of luxury and style, True Religion soared to fame in the early 2000s with its unique horseshoe logo and fancy stitching on back pockets. Loved...