BOSTON — The U.S. Senate approved a resolution Wednesday intended to hold Steward Health Care CEO Ralph de la Torre in criminal contempt for failing to testify before a Senate panel. The senate approved the measure by unanimous consent. Members of a Senate committee looking into the bankruptcy of Steward Health Care adopted the resolution … Read more
BOSTON — Members of a U.S. Senate committee looking into the bankruptcy of Steward Health Care adopted two resolutions Thursday designed to hold CEO Ralph de la Torre in contempt — one for civil enforcement and another for criminal contempt — for not testifying before the panel. The votes come after de la Torre refused … Read more
BOSTON — Members of a Senate committee looking into the Steward Health Care bankruptcy said they plan to adopt two resolutions next week to hold Steward CEO Ralph de la Torre in contempt — one for civil enforcement and another for certification to the United States Attorney for criminal contempt — after he refused to … Read more
BOSTON — Vermont U.S. Sen. Bernie Sanders said Wednesday he is prepared to pursue contempt charges against Steward Health Care CEO Ralph de la Torre if he fails to show up at a hearing Thursday despite being issued a subpoena. Sanders said de la Torre needs to answer to the American people about how he … Read more
Image: Hoonigan Racing Hoonigan, one of the biggest automotive brands to emerge in the 2010s, has filed for chapter 11 bankruptcy in Delaware. 2025 Jetta GLI: The Last Manual Volkswagen In the filing, it’s revealed that the company is $1.2 billion in debt. Through the restructuring, the company hopes to come out of chapter 11 … Read more
BOSTON — Steward Health Care CEO Ralph de la Torre won’t comply with a subpoena to appear before a U.S. Senate committee that is investigating the hospital company’s bankruptcy, his lawyers said Wednesday. De la Torre needs to remain silent to respect an ongoing hospital reorganization and settlement effort, his lawyers said in a letter … Read more
AYER, Mass. — When Christina Hernon was 5, her throat swelled shut from an infection and her mother rushed her to a local Massachusetts hospital in the dead of night. She couldn’t breathe, suffered a seizure and was near death when a doctor saved her by inserting a tube down her throat. Hernon is now … Read more
BOSTON — Steward Health Care said it has reached an agreement to sell its nationwide physicians network to a private equity firm. The deal comes as Steward is scheduled to go before a bankruptcy court judge Friday on its plan to sell six hospitals in Massachusetts. The Dallas-based company announced its bankruptcy May 6. In … Read more
Image: Fanatec It seems like July may be bankruptcy season in Germany following filings for insolvency by BBS, Recaro, and now Fanatec. The global sim racing giant has been racking up some serious debts in recent years, to the tune of 95 million Euro. The company was pushed into a restructuring with strategic investment bridge … Read more
Spirit Airlines is moving farther away from its history as a fee-happy budget airline and will start selling tickets that include some of its most popular extras in a single bundle. The Florida-based airline said Tuesday it will offer several new ticket types, topped by a “Go Big” package that will include priority check-in, a … Read more
