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83 results for "bankruptcy"
The Netherlands saw fewer companies go under in June compared to last year, continuing a positive trend that's been building since autumn 2024. With bankruptcies down and the rate falling to 8.1 per 100,000 businesses, Dutch entrepreneurs are finding firmer footing.
The maker of Roomba vacuum cleaners has successfully restructured and emerged from Chapter 11 bankruptcy with new ownership and renewed resources to innovate. After a failed Amazon acquisition and revenue struggles, iRobot is back on solid ground and committed to its millions of customers.
The maker of millions of Roomba vacuum cleaners has emerged from bankruptcy with new ownership and a stronger financial foundation. Meanwhile, delivery robot company Serve Robotics is bringing its scaling expertise to healthcare by acquiring hospital robot maker Diligent Robotics.
A French football club that dropped to the sixth tier after bankruptcy in 2013 is one win away from returning to the top flight, backed by tennis star Novak Djokovic, goalkeeper Thibaut Courtois, and former F1 drivers. Their remarkable comeback story centers on smart investing, player development, and sustainable growth.
A French rugby club that went bankrupt in 2004 now stands as Europe's best-supported team, defending their Champions Cup title this Saturday. From third-tier obscurity to continental champions, Bordeaux's journey proves that rock bottom can be the foundation for greatness.
When Fisker went bankrupt and left 11,000 electric SUV owners stranded, they did something unprecedented. They reverse-engineered their own cars and built a volunteer-run company from scratch.
After twice facing financial ruin and relying on food aid, Francisco "Curro" Rodríguez built Ly Company into one of Europe's fastest-growing water packaging companies. His sustainable carton-packaged water now reaches 3,000 brands across airlines, hotels, and major events worldwide.
Just months after bankruptcy, iRobot has emerged under new ownership with eight upgraded Roomba models that are smaller, more powerful, and ready to compete. The company that started the robot vacuum revolution 23 years ago is proving that setbacks can lead to comebacks.
Fourteen years after bankruptcy sent them to France's third tier, Bordeaux Begles is favored to win back-to-back European rugby championships. The club's journey from financial ruin to continental glory shows what's possible when a community rallies behind a team of underdogs.
A California trucking company just placed the largest electric truck order in state history after its previous bet on a competitor ended in bankruptcy. The switch to Tesla could prove electric freight finally makes business sense.
As Iran faces six years of severe drought, engineers are looking to a 3,000-year-old solution that once sustained civilizations across the desert. The qanat system of underground tunnels could help cities facing water bankruptcy find relief.
Indian celebrity chef Ranveer Brar went from sleeping on benches and bankruptcy at 32 to becoming one of the country's most beloved culinary stars. His story of starting over with just $5,000 and rebuilding his entire career proves that rock bottom can be a launching pad.
When coal heating vanished in the 1950s, a Cincinnati cleaning product lost its purpose—until a preschool teacher saw its potential as a children's toy. Joe McVicker transformed his family's failing wallpaper putty into Play-Doh, creating a $500 million legacy from the brink of bankruptcy.
While venture-backed e-bike companies crashed into bankruptcy, one Phoenix startup that never took VC money just had its biggest sales month ever. Lectric eBikes is now launching three new brands and proving there's a smarter path to growth.
Across the UK, nearly 900 residents bought shares to save Bristol's beloved ferry service from bankruptcy. Now 11,000 community-run businesses are transforming ghost towns into vibrant hubs where neighbors reconnect.
A hospital in northwestern Tanzania just performed its first kidney transplant, bringing life-saving care to 15 million people who previously had to travel hundreds of miles or leave the country. The breakthrough saves families from bankruptcy and transforms healthcare access across the Lake Zone.
A small-budget English soccer club just earned promotion to the Championship for the first time in 65 years, capping a remarkable 20-year transformation from bankruptcy to success. The journey shows how patience, smart leadership, and community connection can revive a struggling sports team.
When a devastating flood destroyed John Mackey's first grocery store and left him near bankruptcy, he discovered a business philosophy that would transform Whole Foods into a household name. His shift from win-lose thinking to seeking mutual benefit for everyone offers a blueprint for success that anyone can use.
The Archdiocese of San Francisco will pay $395 million to 530 survivors of clergy abuse while implementing sweeping reforms that could reshape how the Catholic Church handles accountability. Archbishop Salvatore Cordileone will personally write an apology to every survivor.
A near-bankrupt company teamed up with Oak Ridge National Laboratory in 1995 and turned a revolutionary metal alloy into a breakthrough that transformed entire industries. Three decades later, their collaboration proves how government labs and private companies can create lasting innovation together.
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