BUSINESS NEWS

While the second bankruptcy of Spirit Airlines  (SAVE)  and sudden shutdown of Silver Airways dominated the airline bankruptcy news space over the last year, a number of smaller airlines and travel companies have also struggled with finances to the point of having to shut down in 2025. This week, Reykjavik-based low-cost carrier Play Airlines canceled…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal If you don’t want to lug around a big laptop, there’s another alternative that doesn’t involve having to settle for your phone. While both devices are…

The retail apparel and fashion sector has faced economic challenges over the last year, with manufacturers and retailers filing for bankruptcy to either reorganize or liquidate their businesses. Companies have cited many of the same problems that have forced them into financial distress, including rising costs of products and labor, driven by inflation and tariffs;…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. TheStreet and ShopHQ are both operated by the same parent company. Featured products are selected independently by the editorial team at TheStreet. Why we love this deal The holidays aren’t terribly…

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal As summer’s heat gives way to fall’s crisp air, soft bedding that’s lightweight but still keeps you cozy is ideal for getting good sleep as the…

A Chapter 11 bankruptcy filing comes with some hope. It’s a chance to negotiate with creditors in order to try to find a path forward. That doesn’t always work, but there are many examples of restaurant. chains that made comebacks after a Chapter 11 filing. Not every chain on this list has become a world…

What was once meant to be a bold move to build the next luxury retail powerhouse is now shaping up to be a costly setback. Less than a year after finalizing its high-profile acquisition, this major retail chain is scrambling to offload part of its newly expanded empire. In December 2024, Saks Global finalized the purchase…

Many people think Quantum computers will be the next big thing after artificial intelligence, or bring AI to the next level. Here’s why: If we could build a quantum computer that doesn’t suffer from errors, it would be possible to do some calculations that would take a ridiculous amount of time on supercomputers in a…

Way back in January and early February, Costco Wholesale was a seriously hot stock. The warehouse retailer’s shares jumped nearly 18% in the early weeks of 2025, peaking at $1,078.23 on Feb. 13. The shares have fallen 11.8% since then. They’re down 3.9% this quarter, but they’re still up 3.8% on the year. For some…