Tag: Bankruptcy

Massachusetts governor says there's nothing she can do to prevent 2 hospitals from closing

BOSTON -- Massachusetts has agreed to provide about $30 million to help support the operations of six hospitals that Steward Health Care is...

Steward Health Care announces closure of 2 Massachusetts hospitals

BOSTON -- Steward Health Care announced Friday that is it closing two hospitals in Massachusetts because it received no qualified bids for the...

Sri Lanka will hold presidential election on Sept. 21, its first since declaring bankruptcy in 2022

COLOMBO, Sri Lanka -- Sri Lanka will hold a presidential election on Sept. 21 that will likely be a test of confidence in...

Fisker has one major objector to its Ocean SUV firesale

One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy...

The threat of litigation looms as Purdue Pharma returns to settlement talks

OxyContin maker Purdue Pharma is trying to chart the course for a new mass settlement of thousands of lawsuits over the toll of...

Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive

Fisker Inc. co-founders Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to $1 in order to keep their failed EV...