When a company faces a mortally challenging event — a large customer is lost or the rise in the cost of capital is untenable — the underlying business may lack the cash flow to support its leverage, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Major moves can have a major impact — but so can more ...

JERSEY CITY, N.J.--(BUSINESS WIRE)--BlockFi Inc. and eight of its affiliates (“BlockFi” or “the Company”) today commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United ...

HOUSTON--(BUSINESS WIRE)--Drew McManigle, Founder and CEO of MACCO, expressed his enthusiasm about the company's continued growth, stating, "I am delighted to welcome Christina, Bobby, and Alex to our ...

This year, many S&P 500 companies announced restructuring programs that involved large-scale employee separations, asset write-offs, facility closures and enterprise-wide cost reduction projects.

Alibaba Group Holding Limited stock rallied over 10% on Tuesday as the company announced it was planning on splitting into six different businesses. The press release said that Alibaba Group's ...

Cost cutting is a low-hanging fruit when it comes to profitability improvement, so I have a favorable view of Shiseido's JPY40 billion cost reduction goal. But it is likely to be tough for SSDOY to be ...

Intel Corp. plans to wind down its automotive business and lay off most of the unit’s employees. The Oregonian reported the development Tuesday, citing an internal company memo. Intel confirmed the ...

(Reuters) -Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the management consultancy seeks to expand its financial advisory presence ...

Reconfigurations and brand refreshes require agility — and can signal externally that your business is responsive to market shifts and not stuck in outdated practices. Established companies may feel ...