TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
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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.
Akorn, which manufactured the asthma medication, shuttered three of its factories shortly after filing for bankruptcy.
Inflation, reduced consumer spending and mounting competition has dented the retailer's growth.
A Michigan State University engineering professor and undergraduate student have designed and produced a 3D-printed helmet earhole insert that helps to drown out crowd noise for some players on the school's football team.
Airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end in another record day for air travel in the U.S.
Two children are dead and three other people are injured after a fire in Canton Township Sunday evening, safety officials say.
Training AI takes a heavy toll on Kenyan workers, who say they earned $2 an hour to label and sift through gruesome content for American companies.
Michigan Humane is looking for fosters to give its dogs a much-needed break from the kennels.
Two children are dead and three other people are injured after a fire in Canton Township Sunday evening.
A Michigan State University engineering professor and undergraduate student have designed and produced a 3D-printed helmet earhole insert that helps to drown out crowd noise for some players on the school's football team.
The Detroit Lions beat the Indianapolis Colts 24-6 on Sunday, extending their winning streak to nine games.
Airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end in another record day for air travel in the U.S.
A 71-year-old Oakland County woman has been convicted for her role in a health care kickback scheme that costed Medicare $1.4 million, according to the U.S. Department of Justice.
Local UAW members claim Stellantis is to blame for roughly 4,000 layoffs this fall, not poor market conditions.
Ford said Wednesday most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
The 10-day event will feature Racing Day presented by the Detroit Grand Prix on Jan. 17, 2025.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
Tickets go on sale to the general public via Ticketmaster on Tuesday, Nov. 26.
Airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end in another record day for air travel in the U.S.
Chuck Woolery was inducted into the American TV Game Show Hall of Fame in 2007 and earned a daytime Emmy nomination in 1978.
Tortilla strips sold in grocery stores across the U.S. have been recalled due to concerns about an undeclared wheat allergen.
Democrats say they're concerned or scared Trump will threaten their rights, but fewer than half feel motivated to oppose him.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
The school district introduced therapy dogs two years ago, and things have gone so well that it decided to add six more dogs.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
A WARN notice says that an agreement between the hospital and the Secretary of Health and Human Services would be terminated because the hospital was not in compliance with some of the Medicare Conditions of Participation.
A number of homes in parts of Metro Detroit are seeing elevated levels of lead in their drinking water, according to officials.
A Michigan State University engineering professor and undergraduate student have designed and produced a 3D-printed helmet earhole insert that helps to drown out crowd noise for some players on the school's football team.
The Detroit Lions beat the Indianapolis Colts 24-6 on Sunday, extending their winning streak to nine games.
Franz Wagner had 30 points, nine rebounds and eight assists, and the Orlando Magic beat the Detroit Pistons 111-100 for their eighth win in nine games.
A goal by the Bruins' Brad Marchand midway through the third period proved to be enough for Boston to beat the Detroit Red Wings 2-1 Saturday night.
Kalel Mullings ran for 92 yards and a career-high three touchdowns, leading Michigan to a 50-6 win over Northwestern on Saturday to make the defending national champions eligible for a bowl.
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.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Two children are dead and three other people are injured after a fire in Canton Township Sunday evening, safety officials say.
Two children are dead and three other people are injured after a fire in Canton Township Sunday evening; the TSA is offering travel safety tips ahead of Thanksgiving and more on your top stories.
mild temperatures today then cold air moves in
Meteorologist Kylee Miller says there may be some rain showers for travelers heading to their Thanksgiving destination on Thursday.
The home of Edsel Ford, the only child of Henry Ford, is being shown to the public, complete with holiday decorations throughout the property.