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Cloud computing provider Fusion Connect Inc. filed bankruptcy after a botched business plan and a pair of mergers piled on more debt than the company could repay.
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The Las Vegas Hooters Resort & Casino filed for bankruptcy protection on Monday against more than $162 million in debt.
Read Full Story: How Could A Casino Run By Hooters Girls Go Bankrupt?
Shares of Tokyo Electric Power, operator of Japan’s Fukushima Daiichi nuclear plant, suffered a renewed sell-off after the president of the Tokyo Stock Exchange said the troubled utility should be allowed to go bankrupt.
“Tepco should be dealt with using the same court-sponsored process as...