bankrupt Archives - Rush Hour Daily

Security was so weak that founders could “download half a billion dollars” of cryptocurrency without being detected – FTX’s new CEO

FTX’s weak security meant that its cofounders could easily have stolen hundreds of millions of dollars in cryptocurrency. This is according to the bankrupt firm’s new CEO in court testimony…

By Staff Writer February 7, 2023

Brookstone files for bankruptcy

Bankrupt Brookstone Technology and furniture retailer Brookstone announced on Thursday that it will file for Chapter 11 bankruptcy. The company reported that it will close all of its mall stores…

By Ben Norman August 3, 2018

MoviePass blames theaters for their fall

Roll credits The end may be near for MoviePass – parent company Helios and Matheson has seen its stock fall below 10 cents this week with no sign of recovery.…

By Ben Norman August 3, 2018

Sweethearts manufacturer will close

The parent company of the manufacturer that makes Necco and Sweethearts announced over the weekend that has closed abruptly. Round Hill Investments, the parent company, reported that it will sell…

By Ben Norman July 31, 2018