Upper Crust filed for Chapter 11 protection, after defaulting on a bank loan of more than $3 million.
After several weeks where the Worcester Tornadoes’ financial troubles had become increasingly publicized, the team’s membership with the Can-Am League has been terminated until it can find more financially stable ownership.
Former Oakland Athletics slugger Jose Canseco has filed for bankruptcy protection in Nevada.
Former Red Sox pitcher Curt Schilling said Friday he’s ‘tapped out’ after investing millions of his personal fortune into his failed video gaming company.
A confidential 37 page memo from Curt Schilling’s 38 Studios to officials in Rhode Island painted a very risky and speculative investment.
After years of trying to make his video game company profitable, former Red Sox pitcher Curt Schilling is out of the game.
According to the National Council on Aging, more than 13 million older adults are considered economically insecure, living on less than $22,000 a year.
The chief executive of the Friendly’s restaurant chain has announced he is stepping down after 18 months on the job and a month after the company emerged from bankruptcy protection.
Kodak, a company more than a century old, filed for Chapter 11 bankruptcy protection on Thursday.
Just like many Americans, the maker of Twinkies, Sno Balls and Wonder Bread is trying to lose the fat.