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• Spirit Airlines collapses after 34 years as fuel costs double amid Iran war hostilities

  Published: May 2, 2026

  Section: Oil

  Spirit Airlines has officially ceased all operations, marking the first major U.S. aviation casualty of the two-month-old Iran war. The Florida-based discount carrier entered total...

• Evergrande Founder Hui Ka Yan Pleads Guilty to Fraud and Bribery After Three Year Detention

  Published: Apr 14, 2026

  Section: Crime

  The former billionaire architect of China Evergrande Group, Hui Ka Yan, has entered a guilty plea for fundraising fraud and bribery following the spectacular collapse of his real e...

• Waltman Furniture to Liquidate 75-Year-Old Pennsylvania Retail Operation as Owner Announces Retirement

  Published: Apr 7, 2026

  Section: Companies & Industry

  Iconic furniture retailer Waltman Furniture will begin a final liquidation sale on April 9, marking the end of its 75-year tenure in the Pennsylvania home furnishings market. The c...

• Mapletree Liquidation Triggered as Investors Revolt Against Student Housing Fund Extension Amid Declining Returns

  Published: Mar 28, 2026

  Section: Real Estate / Property

  Mapletree Investments is moving to liquidate its 700 million dollar Global Student Accommodation Private Trust after more than 90 percent of investors rejected a proposed life exte...

• South Africa’s Sugar Industry Faces Crisis as 134-Year-Old Tongaat Hulett Moves Toward Liquidation

  Published: Feb 16, 2026

  Section: Companies & Industry

  The business rescue practitioners for Tongaat Hulett have applied for provisional liquidation after a failed recovery plan, threatening the collapse of South Africa’s primary sugar...