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7 well-known companies that filed for bankruptcy this year

From Claire’s to Rite Aid, big-name brands are seeking Chapter 11 protection as U.S. corporate bankruptcies hit their highest level since 2010. [...]

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Destination
EV startup Canoo has filed for bankruptcy and stopped all operations

Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on [...]

Match Score: 71.59

Destination
iRobot has filed for bankruptcy and may be taken over by its primary supplier

iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary [...]

Match Score: 60.74

Destination
Lucid to buy Nikola's Arizona EV facilities after the latter's bankruptcy

Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offe [...]

Match Score: 46.04

Destination
23andMe founder Anne Wojcicki will regain control of embattled DNA company after all

In a surprise twist, 23andMe founder and former CEO Anne Wojcicki is set to regain control of the DNA company's assets, according to a press release from 23andMe. In May, a company called Regener [...]

Match Score: 45.64

Destination
23andMe has filed for bankruptcy and CEO Anne Wojcicki has stepped down

DNA testing company 23andMe has filed for Chapter 11 bankruptcy, following a tumultuous few years that included significant layoffs and a wide-ranging data breach. It plans to find a buyer and continu [...]

Match Score: 45.03

Destination
Rivian R1S Gen 2 review: The rugged foundation of Rivian’s electric empire

Making electric cars from scratch is hard. Out of all the homegrown EV startups, Tesla is the only company that has broken through to the mainstream. Nikola was a scam. Canoo recently filed for bankru [...]

Match Score: 41.28

Destination
iRobot files for bankruptcy and goes to Chinese supplier

Robot vacuum pioneer iRobot has filed for bankruptcy and plans to hand control to its main Chinese supplier, Shenzhen PICEA Robotics.<br /> The article iRobot files for bankruptcy and goes to Ch [...]

Match Score: 38.71

Destination
CES 2025: The new tech we're expecting to see from Samsung, NVIDIA, LG and more in Las Vegas

Time to get into the habit of writing "2025" instead of 2024, and the year may have just begun, but the Engadget team is already working hard for CES 2025. This weekend, many from the Engadg [...]

Match Score: 35.18

Destination
What happened to iRobot can happen to anyone

The company which popularized robot vacuum cleaners around the world has filed for Chapter 11 bankruptcy. iRobot, makers of the Roomba, has been synonymous with the category since its inception, but i [...]

Match Score: 33.95