In May, Vintae had devised a restructuring plan to buy the Rioja wine business and save it from insolvency.

Could it be possible that humans are still better at some things than AI?

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Somer G. Anderson is CPA, doctor of accounting, and an accounting and ...

As client value shifts toward strategic thinking, creative judgment and real collaboration, agencies are rethinking hiring, ...

Volkswagen plans to cut up to 100,000 jobs and close four German plants in its biggest restructuring ever, driven by EV ...

The operator of the Brightline passenger rail narrowed its losses in the first quarter, but it remains in search of capital ...

James Sprayregen, a longtime restructuring lawyer formerly with Kirkland & Ellis, has joined law firm Paul Weiss Rifkind ...

Oracle (ORCL) eliminated 21,000 jobs in fiscal 2026 due to AI adoption, incurring $1.8B in charges. Headcount dropped 13% to ...

Kitchens firm Magnet is to shut 15 stores as part of a major restructuring.The company said it will close the ...

The restructuring will be among the largest in history. In nominal terms the combined debts of the government and PDVSA, the ...

The government has initiated its first large-scale restructuring of nursing hospitals, aiming to phase out underperforming ...