BANKRUPTCY

May 21 2026BUSINESS

New Start in Arizona, Old Loss in Massachusetts

The former owners of a once‑popular running shop have begun a fresh chapter in Arizona, offering retirement and financial advice under the name Ascension Impact. They moved away from Springfield after their previous business, 4Run3, shut down abruptly in May. While they promoted the new venture on s

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May 19 2026CRYPTO

Big Crypto Machines Hit Hard Times

Bitcoin Depot once ran the biggest map of coin machines in North America, with over 9, 000 boxes where people slipped cash in to get Bitcoin. Now those boxes sit dark as the company files for bankruptcy protection. Leaders say endless rule changes made the business model impossible, with some states

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May 18 2026CRYPTO

Bitcoin Depot Faces Bankruptcy and Asset Sale

Bitcoin Depot, a company that runs crypto ATMs, has decided to file for Chapter 11 bankruptcy in Texas. The move is voluntary and means the firm wants protection while it closes down its business. The company plans to sell off its assets as part of the bankruptcy process. This filing is happenin

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May 09 2026BUSINESS

What happens when a prison healthcare firm can't pay its bills?

A company that provides medical services to prisons recently filed for bankruptcy in Florida. YesCare, as it’s called, owes more money than it has on hand—between $100 million and $500 million in debts against only $50 million to $100 million in assets. This legal move, known as Chapter 11, pauses l

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May 02 2026BUSINESS

Spirit Airlines Ends Operations After 34 Years

The once‑buzzy low‑fare carrier, known for its bright yellow planes and cheeky marketing, has announced it will shut down immediately. Spirit’s website states that every flight is cancelled and customer service has closed, urging passengers to expect refunds but offering no assistance with altern

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May 02 2026CRIME

A Big Payout for Survivors in New York

New York’s Catholic leadership has agreed to pay 800 million dollars to people who were abused by priests as kids. Over 1, 300 survivors will share this money, making it one of the biggest payouts ever in the U. S. for clergy abuse cases. Only Los Angeles gave more—880 million—when it settled simila

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Apr 29 2026BUSINESS

Smokey Bones Shuts Down in Millcreek After Two Decades

A well-known restaurant in Millcreek Township, Pennsylvania, finally closed its doors after serving the community for over twenty years. The restaurant, located near Millcreek Mall on Interchange Road, left a simple but clear message for customers: "WE ARE PERMANENTLY CLOSED. " The shutdown comes af

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Apr 17 2026BUSINESS

Fort Pierce Flight School Closes, 50 Staff Lose Jobs

The Aviator College of Aeronautical Science & Technology, a private flight training center in Fort Pierce, shut its doors on April 15, sending shock waves through the local aviation community. The campus had been housed at Treasure Coast International Airport and offered courses ranging from pilotin

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Apr 13 2026FINANCE

Clover Games Declares Bankruptcy After Massive Debt Crunch

The South Korean developer Clover Games filed for bankruptcy on the 9th, ending all game services. An audit released a few days later exposed the numbers that forced this decision. Clover’s chief, Yoon Sung-guk, poured more than ₩3 billion of his own money into the company over three years, but tha

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Apr 06 2026HEALTH

Hospital shake-up leaves workers uneasy despite promises

Close to a thousand staff at Bayonne University Hospital in New Jersey received unexpected layoff notices recently, but the hospital’s new owner insists they shouldn’t panic. The notices, filed under state rules, suggest big changes are coming by late June. This follows the sudden closure of Heights

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