Bankruptcy
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Tech
Cosmetics Company Pat McGrath Labs Files For Chapter 11 Bankruptcy – AfroTech
Pat McGrath Labs is no longer exploring an asset sale. As AFROTECH™ previously reported, Pat McGrath Labs — sold at…
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Tech
Saks Global Files For Chapter 11 Bankruptcy — Here’s What This Means For Shoppers – AfroTech
Saks Global has filed for Chapter 11 bankruptcy, Business Insider reports. The luxury retailer that owns Neiman Marcus, Bergdorf Goodman,…
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Tech
Michael Johnson’s Grand Slam Track League Files For Chapter 11 Bankruptcy, Owes Up To $50M – AfroTech
Michael Johnson’s track and field league, Grand Slam Track, has filed for bankruptcy, according to AP News. Grand Slam Track…
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Tech
At One Point, Kevin Hart Said Investing In Friends’ Ideas Became An ‘Endless Pit Of Bankruptcy’
Even successful entrepreneurs face investments that don’t work out. Kevin Hart, known for his comedy and film career, has shared…
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Politics
Damon Dash Files for Bankruptcy with Over $25 Million in Debts
Once a titan in the music industry, Roc-A-Fella Records co-founder Damon Dash now faces a financial free fall as he…
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Tech
Ssense Cites Trump Tariffs On Canadian Goods As Key Factor In Bankruptcy Protection Filing
Ssense — the Canadian retailer known for designer fashion and luxury streetwear founded by CEO Rami Atallah and family —…
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Tech
Del Monte Foods Secures $912.5M As It Enters Voluntary Chapter 11 Bankruptcy
Del Monte Foods has announced that it has filed for voluntary Chapter 11 bankruptcy as part of a strategic effort…
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Tech
Red Lobster Is Making A Comeback Following Its Bankruptcy Filing—And CEO Damola Adamolekun Is At The Heart Of It
Not long ago, Red Lobster was making headlines for all the wrong reasons—financial losses, restaurant closures, and a bankruptcy filing.…
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Black Breaking News
Military plans shared in Signal chat and 23andMe bankruptcy concerns: Morning Rundown
Defense Secretary Pete Hegseth denies “texting war plans” to a group text that included The Atlantic’s editor-in-chief. A second woman…
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Black Breaking News
DNA company ‘23andMe’ filed for bankruptcy; California AG tells users to consider ‘deleting their data and destroying any samples’
“23andMe,” one of the popular genetic material collection companies that can help you learn more about your family history, genealogy…
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