DirecTV has announced that they will be buying Dish Network for $1, with the U.S. multichannel video programming distributor agreeing to take care of Dish Network’s accumulated debts.
Read More DirecTV To Buy Dish Network For Only $1, But Will Pay Off Company’s Nearly $9.75B DebtTag: bankruptcy
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.
Read More Kmart Set To Close Last Full-Size Store In The Mainland U.S.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.
Read More Bob’s Stores Retail Chain Closing All Locations After 70 Years Of BusinessKevin 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.
Read More Kevin Spacey Tries To Gain Sympathy, Cries Over Losing Home Following Sexual Misconduct Trials: ‘I Can’t Pay The Bills’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.
Read More Johnson & Johnson Reaches $700M Talc Settlement Over Baby Powder And Other ProductsRed 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.
Read More Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp Promotion