The financial news that actually matters
Focuses on company performance, earnings reports, mergers, acquisitions, and business growth or decline. It explains how corporate events impact markets, investors, and employment.
Millions of shoppers who have long relied on QVC and HSN for everything from kitchen gadgets to fashion now face real uncertainty about whether those networks will survive in their current form. QVC Group and its affiliates filed voluntary Chapter 11 petitions on April 16, 2026, in the U.S. Bankruptcy Court for the Southern District…
Commodity Transporters, Inc. filed for Chapter 11 bankruptcy protection in the Eastern District of California this month, joining a string of trucking operators seeking court relief as freight volumes remain stuck well below trend. The filing, docketed as case 26-12787, lands during a period when the Cass Freight Index shows shipments have failed to recover…
Thousands of Colgate-Palmolive retirees who were shortchanged on pension benefits will share in a $332 million settlement that the consumer-goods giant agreed to pay. The deal, which resolved claims brought under the Employee Retirement Income Security Act, received final court approval in January 2026. Of that total, $99 million went to cover plaintiffs’ attorneys’ fees…
Millions of Tinder subscribers who paid higher prices for premium features simply because they were over 30 now have a path to compensation. The dating app agreed to a $60.5 million class-action settlement to resolve allegations that its age-based pricing amounted to discrimination. Eligible users face an August 18 deadline to file claims, and a…
Current and former Kimberly-Clark employees stand to recover a share of $2.25 million after the consumer-goods giant finalized a settlement over allegations that excessive fees eroded retirement savings inside its 401(k) and Profit Sharing Plan. The agreement closes a dispute centered on whether the company failed to control the costs charged to workers who trusted…
Millions of retirement savers at two of the largest U.S. employers could see changes in how their nest eggs are managed after Goldman Sachs reportedly took on oversight of roughly $70 billion in combined pension and savings plan assets from Verizon and Lockheed Martin. Both companies have filed audited plan financial statements with the Securities…
A franchisee operating a Tuffy tire-and-auto service location filed for Chapter 11 bankruptcy protection this week in the U.S. Bankruptcy Court for the Southern District of Indiana. The petition, accessible through the court’s electronic filing system, adds to a pattern of financial strain hitting independent auto-repair operators as the cost of parts, tires, and shop…
EchoStar and its subsidiary DISH DBS are racing to close a roughly $22.65 billion spectrum sale to AT&T while simultaneously managing a prepackaged bankruptcy process that began with a restructuring support agreement signed on March 19, 2026. The twin transactions represent the company’s clearest path to shedding billions in debt, but several conditions and regulatory…
DISH DBS Corporation, the satellite television subsidiary of EchoStar Corporation, filed for Chapter 11 bankruptcy protection in mid-March 2026, seeking to restructure roughly $10 billion in debt while its pay-TV subscriber base continues to shrink. The filing landed in the Southern District of Texas under Case No. 26-90627, and it followed a Restructuring Support Agreement…
JPMorgan Chase, Citigroup, and Wells Fargo will all release second-quarter 2026 earnings on Tuesday, July 14, with options traders pricing in potential single-day stock moves of up to 6 percent around the prints. The concentrated schedule, with results dropping between 7:00 a.m. and 8:00 a.m. ET, means that within roughly 60 minutes the market will…