Senate committee votes to hold Steward Health Care CEO in contempt
BOSTON (AP) — Members of a Senate committee investigating the bankruptcy of Steward Health Care have said they plan to pass two resolutions next week to charge Steward CEO Ralph de la Torre with contempt of court. One resolution would…
Sanders vows to charge Steward Health CEO with contempt of court while he faces bankruptcy subpoena
Vermont Senator Bernie Sanders said Wednesday he was prepared to file contempt of court charges against Steward Health Care CEO Ralph de la Torre if he fails to appear for a hearing on Thursday despite a subpoena. Sanders said de…
Rite Aid emerges from bankruptcy and appoints Matt Schroeder as CEO
Rite Aid has announced a change in leadership as it turns out from Chapter 11 bankruptcy. Jeffrey S. Stein has resigned as CEO and Chief Restructuring Officerwhile the Company’s Executive Vice President and Chief Financial Officer, Matt Schroederwas appointed CEO,…
Rite Aid exits bankruptcy; Insider becomes new CEO
Rite Aid’s bankruptcy proceedings have been completed. Rite Aid emerged from bankruptcy with a new CEO, a smaller store footprint, and significantly less debt. The pharmacy chain named experienced Matt Schroeder as its new CEO. Rite Aid announced the appointment…
Bankrupt University of Michigan sporting goods retailer asks court to speed up sale
Heritage Collegiate Apparel, formerly known as M Den – the University of Michigan’s sporting goods retailer that filed for bankruptcy earlier this month – is asking a federal court to quickly approve the sale of the company because there are…
Dollar Tree moves into the old 99 Cent Only store in Apple Valley
These Dollar Store devices are real technology bargains The next time you go to your local dollar store, be sure to take a stroll through the electronics section. USA TODAY Dollar Tree immediately moved into the building at Jess Ranch…
Red Lobster announces new CEO after bankruptcy filing
Red Lobster struggled last year and made headlines after it filed for bankruptcy, blaming at least in part on a poorly thought-out endless shrimp deal. It happens to the best of us. Naturally, the fast-casual seafood restaurant chain was looking…
Bally Sports RSNs sign new agreements with NHL and NBA
Bally Sports Regional Networks has taken a major step toward exiting its lengthy Chapter 11 bankruptcy proceedings, signing new deals with the NHL and NBA that will broadcast team games through at least the end of the upcoming 2024-25 season….
Administrator postpones sale again as landlords announce they will take action against the state over expropriation claim
On Wednesday, Steward Health Care postponed a hearing on the sale of its Massachusetts hospitals for the sixth time. The same day, the company’s landlords said they would fight the Bay State’s attempt to expropriate the land on which St….
M Den files for bankruptcy and hopes to sell business
Michigan football team schedule for the 2024 season A look at the Big Ten and national champion Michigan Wolverines’ schedule for the 2024 football season. Heritage Collegiate Apparel, the official sporting goods retailer of the University of Michigan athletics team,…
