The company filed for Chapter 11 bankruptcy to “facilitate a sale process.” Its chief executive stepped down and said she would bid on it.
Related Posts
Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
Trump Could Hand China a ‘Strategic Victory’ by Silencing Voice of America
Generations of Chinese, including our columnist, turned to U.S. government-run outlets for an education in democracy, rights and the English language.
From AI to Musk’s Brain Chip, the F.D.A.’s Device Unit Faces Rapid Change
The new director overseeing medical devices will confront criticisms about hasty approvals as she ushers in revolutionary technology.