Party City files for bankruptcy, a day after announcing mass layoffs
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
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Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Pontiac General Hospital has filed for bankruptcy days after announcing the loss of Medicare funding and announcing over 240 layoffs.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Big Lots files for Chapter 11 protection after years of declining sales and hundreds of store closures.
Giuliani himself asked for the dismissal, after months of missing court deadlines in his bankruptcy case.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
It's a financial comeback a decade in the making; Detroit's credit rating is now back to what it was before the city went broke and couldn't pay its bills.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.
The conspiracy theorist has proposed paying the families of Sandy Hook victims a fraction of the nearly $1.5 billion which they were awarded in judgements against him.
Families of those killed in the Sandy Hook Elementary School shooting have made an offer to Alex Jones to pay only a fraction of the $1.5 billion in legal judgments they won against him.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Rite Aid is set to close 19 stores in Michigan after the pharmacy chain filed for bankruptcy this week.
Michigan taxpayers will be on the hook for a financial penalty after the state attorney general's office violated a court order by distributing protected documents in the Flint water prosecution.
Despite emerging from bankruptcy in 2020, century-old retailer faces major challenges rebuilding its business.
The trucking company, once one of the U.S.' largest, will cease operations amid battle with union and struggles to pay debts.
The architect of Detroit's bankruptcy filing admits it was a miserable process.
Thousands of Detroit city employees and retirees lost big on July 18, 2013, when a state-appointed manager made Detroit the largest U.S. city to file for bankruptcy.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
The e-commerce discounter bid $21.5 million at auction to keep the bankrupt retailer alive in name.
A small enclave of Detroit is considering municipal bankruptcy to help rid itself of a decades-old water debt that has grown to about $20 million and threatens to swamp the already financially struggling city.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Utah's Jordan Clarkson has been fined $35,000 by the NBA, and Detroit's Ron Holland II and Paul Reed were also penalized for their roles in an altercation between the Jazz and Pistons.
Trinidad Chambliss threw for three touchdowns and ran for two more as second-seeded Ferris State routed top-seeded Valdosta State 49-14 for its third NCAA Division II championship.
The Detroit Lions made a flurry of roster moves Saturday, including waiving safety Brandon Joseph, who was briefly arrested by police early Saturday.
Authorities in Wixom are asking for help identifying a man in connection with a robbery reported at the Chillbox gas station early Saturday.
The Redford Union School District has launched a new program offering laundry services and essential foods for underserved families.
The Detroit Lions made a flurry of roster moves Saturday, including waiving safety Brandon Joseph, who was briefly arrested by police early Saturday.
The Redford Union School District has launched a new program offering laundry services and essential foods for underserved families.
Christmas Eve is Tuesday, but it's already been a busy time at Detroit Metro Airport with families beginning their holiday travels.
Leaders at the University of Michigan, including the school's president, are among those named in the federal lawsuit.
Despite it being the shortest day of the year, Detroit's latest sunrise and earliest sunset do not arrive on the winter solstice. Our earliest sunsets are actually already in our recent past.
Organizers announced earlier this year that the show was returning to its traditional January slot after taking place in the fall in recent years.
The grants are in addition to the $1.8 million that Stellantis provided for home repairs to 120 homeowners on the east side in 2020 and 2021.
Troubled automaker Stellantis has decided that its Ram brand needs its own executive, so it is bringing back an executive who retired this year when CEO Carlos Tavares was still running the company.
In Metro Detroit, gas prices continue to fall. Motorists are filling up for an average of $2.96 per gallon.
As we prepare for the winter season, getting your car ready for its quick or long trek can make all the difference.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
The duo will host their podcast at 8 p.m. on March 28 at the Fox Theatre.
The New York Times named the Lebanese Sundae at Leila and the ham sandwich at Mike's Famous Ham Place as two of "The 26 Best Dishes We Ate Across the U.S. in 2024."
Detroit Diamond put her skills on display as a finalist in the Netflix series "Rhythm + Flow," and her career is starting to take off.
Among the 25 films selected by the Library of Congress to be preserved for future generations are the Coen Brothers' "No Country for Old Men," "The Social Network," Cheech & Chong's "Up in Smoke," and "The Texas Chainsaw Massacre."
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
Pope Francis has told Vatican bureaucrats to stop speaking ill of one another, calling gossip "an evil that destroys social life."
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Health officials say the number of cases has already surpassed 1,500, 2.5 times more than in 2019.
Wayne County is erasing $27 million in medical debt for more than 46,000 county residents.
Republicans wants to extend 2017 tax cuts that expire next year and could let ACA subsidies lapse to help pay the tab, according to analysts.
A court in Hazel Park is aiming to treat people with substance abuse while keeping them out of prison.
Utah's Jordan Clarkson has been fined $35,000 by the NBA, and Detroit's Ron Holland II and Paul Reed were also penalized for their roles in an altercation between the Jazz and Pistons.
The Detroit Lions made a flurry of roster moves Saturday, including waiving safety Brandon Joseph, who was briefly arrested by police early Saturday.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
The Michigan native says he made the decision in July during the Detroit Tigers season.
Reports say Montgomery consulted medical experts over the last few days and is hopeful that he'll return for the playoffs.
Mary Tyler Moore turned the world on with her megawatt smile as she starred in the iconic "Dick Van Dyke" and "Mary Tyler Moore" shows a generation ago.
The roundtable talked politics and focused on blockbuster news that Detroit Mayor Mike Duggan would run for governor in 2026 but as an independent candidate.
President-elect Donald Trump campaigned with talk of ending the $7,500 electric vehicle tax credit which has helped fuel sales.
The 98th Annual America's Thanksgiving Parade will roll through the streets of downtown Detroit this Thursday, with hundreds of thousands lining Woodward Avenue as six new floats make their debut.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
The Kwanzaa kinara honors the communities, cultures and heritage of African Americans.
Detroit Tigers Manager A.J. Hinch paid tribute to his former teammate Rickey Henderson following the news of his passing Saturday.
Despite a growing number of injuries for the Detroit Lions, hall of fame running back Barry Sanders still believes the team has what it takes to make it all the way.
The Taylor Winterfest Holiday Stroll at the Heritage Park Petting Farm includes carolers, holiday displays and appearances from Mr. and Mrs. Claus.
No one matched all six numbers in Friday’s Mega Millions drawing.