Many U.S. cities are grappling with broken-down electric transit vehicles that cannot be fixed, months after the largest ...

Please purchase a Premium Subscription to continue reading. To continue, please log in, or sign up for a new account. We offer one free story view per month. If you ...

As well as making its own electric buses, Proterra also acted as a supplier of both charging equipment and battery packs for other EV manufacturers. It filed for Chapter 11 bankruptcy in August 2023.

With its Chapter 11 bankruptcy filing in Delaware, the company joins Proterra, Lordstown, and Electric Last Mile Solutions—fellow EV automakers on the same sinking boat. Automotive industry ...

Phoenix Motorcars obtained Proterra’s transit buses after the company filed for Chapter 11 bankruptcy in August 2023. Phoenix Motorcars did not immediately respond to a request for comment from ...

The Chicago-based company filed for Chapter 11 protection from its debts in the U.S. Bankruptcy Court for the District of Delaware. As part of the filing, most of the privately held retailer's ...

Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement rival Do It Best. True Value, based in Chicago, said in a Monday press ...

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

There are some notable differences between Chapter 11 and Chapter 13 bankruptcy, including eligibility, cost, and the amount of time required to complete the process. Both bankruptcies give ...

Brazilian airline Gol said on Wednesday it has signed a deal with shareholder Abra to reinforce its current restructuring ...

TGI Fridays filed for Chapter 11 bankruptcy early on Saturday morning just days after shuttering nearly 50 restaurants. Added to the list of closures in January, when the struggling casual-dining ...

Brazil's Gol and Abra group, the airline's majority investor, have reached an agreement that will eliminate up to $2.55 billion in debt from the carrier's books.