bankruptcy – Page 2 – One America News Network

NEW YORK, NEW YORK - JULY 13: A closed Kmart store stands at Astor Place in New York’s East Village on July 13, 2021 in New York City. For over two decades, Kmart has been one of the only large retail stores in the area selling everything from bedding to groceries. The store closed on Sunday without any warning. Like other major retailers, Kmart has closed most of its stores around the country as it struggled to compete with both Amazon and other online businesses. (Photo by Spencer Platt/Getty Images)

Kmart Set To Close Last Full-Size Store In The Mainland U.S.

The last full-size Kmart store in the United States is officially closing in New York.

394877 03: A woman walks past a store closing sign September 24, 2001 in Times Square in New York City. While the economy in New York and the rest of the nation had been showing signs of recession before September 11, the terrorist attack on the World Trade Center in New York has further affected the economy by scaring away tourists and closing some businesses in lower Manhattan. (Photo by Spencer Platt/Getty Images)

Bob’s Stores Retail Chain Closing All Locations After 70 Years Of Business

Bob’s Stores, a clothing store chain located in the northeast that has been in business for the past 70 years, will be closing all of its locations in the U.S.’s latest retail casualty.

LONDON, ENGLAND - JULY 26: Kevin Spacey arrives at Southwark Crown Court as the jury deliberate on his sexual assault trial on July 26, 2023 in London, England. The U.S. actor is on trial in the UK, accused of sexual assaults on men during his time as Artistic Director of The Old Vic Theatre. (Photo by Chris J Ratcliffe/Getty Images)

Kevin Spacey Tries To Gain Sympathy, Cries Over Losing Home Following Sexual Misconduct Trials: ‘I Can’t Pay The Bills’

With tears in his eyes, actor Kevin Spacey told host Piers Morgan on his program that he was forced to sell his Baltimore house since he can no longer “pay the bills” that have accumulated since his numerous sexual misconduct trials.

SAN ANSELMO, CALIFORNIA - OCTOBER 18: In this photo illustration, a container of Johnson's baby powder made by Johnson and Johnson sits on a table on October 18, 2019 in San Anselmo, California. Johnson & Johnson, the maker of Johnson's baby powder, announced a voluntary recall of 33,000 bottles of baby powder after federal regulators found trace amounts of asbestos in a single bottle of the product. (Photo Illustration by Justin Sullivan/Getty Images)

Johnson & Johnson Reaches $700M Talc Settlement Over Baby Powder And Other Products

Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 U.S. states and Washington, D.C. into its marketing of baby powder and other talc-based products blamed for allegedly causing cancer.

FREMONT, CALIFORNIA - MAY 14: A sign is posted in front of a Red Lobster restaurant on May 14, 2024 in Fremont, California. Less than one month after restaurant chain Red Lobster considered filing for Chapter 11 bankruptcy to address rising labor costs and in hopes of renegotiating property leases and long-term contracts, 87 Red Lobster locations abruptly closed their doors in 27 states across the country. (Photo by Justin Sullivan/Getty Images)

Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp Promotion

The Seafood chain Red Lobster, which lost millions over its all-you-can-eat-shrimp promotion last year, has officially filed for bankruptcy after the chain shut down almost 100 locations last week.

Johnson & Johnson Voluntarily Recalls Baby Powder For Asbestos Contamination SAN ANSELMO, CALIFORNIA - OCTOBER 18: In this photo illustration, a container of Johnson's baby powder made by Johnson and Johnson sits on a table on October 18, 2019 in San Anselmo, California. Johnson & Johnson, the maker of Johnson's baby powder, announced a voluntary recall of 33,000 bottles of baby powder after federal regulators found trace amounts of asbestos in a single bottle of the product. (Photo Illustration by Justin Sullivan/Getty Images)

Johnson & Johnson To Pay $6.5B To Settle Nearly All Talc Ovarian Cancer Lawsuits

Johnson & Johnson stated that they are planning to pay $6.5 billion to settle nearly all the lawsuits in the United States that have claimed talc-based products caused them ovarian cancer.