Bankruptcy

Consumer

Stoli’s US Bankruptcy is Just the Latest Sign of Hard Times for Spirits

Photo by Watts via CC BY 2.0

Stoli Group USA, the maker of the eponymous vodka, had bankruptcy protection to be thankful for during last week’s holiday.

2 min read

Photo by Randolph Rojas via Unsplash

Industries

Spirit Airlines Finally Files for Chapter 11 Bankruptcy

Budget-friendly Spirit Airlines hasn’t reported an annual profit since 2019, and has lost some $2.2 billion since 2020.

1 min read
Photo by Kirk Allen via CC BY 3.0

Consumer

TGI Fridays Files for Chapter 11 Bankruptcy

This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.

1 min read
Photo by SHVETS Production via Pexels

Healthcare

Biotech That Once Promised ‘Next Gen’ COVID Vaccine Files for Bankruptcy

Gritstone Bio announced it is “taking action” to “preserve value and strengthen capital structure” on Thursday.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Blue Origin and Daniel Oberhaus via CC BY 4.0

Technology

The State of the Billionaire Space Race

Blue Origin is going slower than SpaceX, but it also nailed a massive rocket launch on the first try. Jeff Bezos is back in the space race.

5 min read
Photo by Web Summit via CC BY 2.0

Finance

Crypto-Friendly Neo-Broker eToro Files for IPO

The listing marks a potentially triumphant comeback story and an insult of sorts to the embattled London stock exchange.

2 min read
Photo by Jay R. via Pexels

Energy

Oil Markets Show Signs of Resilience and Retreat as 2025 Gets Underway

With the way things are going today, it’s becoming increasingly hard to figure out what’s going on with the oil market.

2 min read

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