Did pills or simply self confidence drive a nail into the coffin of the once-popular weight loss program?

With news that longtime wedding retailer David's Bridal may soon liquidate, we remember 15 defunct brands that bring back good nostalgia.

Diddy — call him "Love" if you can keep up with his ever-changing aka's — has put up a $3.5 million bid in hopes of getting full ownership of his Sean John label after its majority owner Global Brands Group filed for Chapter 11 bankruptcy this past summer.

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The Boy Scouts of America urged victims to come forward Tuesday as the historic, 110-year-old organization filed for bankruptcy protection in the first step toward creating a huge compensation fund for potentially thousands of men who were molested as youngsters decades ago by scoutmasters or other leaders. The Scouts resorted to Chapter 11 in hopes […]

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LONDON (AP) — Longtime British tour company Thomas Cook collapsed after failing to secure rescue funding, and travel bookings for its more than 600,000 global vacationers were canceled early Monday. The British government said the return of the firm’s 150,000 British customers now abroad would be the largest repatriation in its peacetime history. The process […]

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LOS ANGELES (AP) — The relationship between a Japanese woman and a U.S. Army captain stationed in Syria started online, through an international social network for digital pen pals. It grew into an internet romance over 10 months of daily emails. It ended with the woman $200,000 poorer and on the verge of bankruptcy after […]

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Plus size store Avenue will be closing their 222 United States stores.

Life & Style

NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but it has secured $75 million in financing to pay employees and vendors […]

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SAN JUAN, Puerto Rico (AP) — Puerto Rico’s political crisis appeared to deepen on Wednesday as the island’s outgoing governor and legislators — including those from his own party — clashed over who should be the next leader of a U.S. territory unbalanced by massive protests. Gov. Ricardo Rosselló announced that he had chosen Puerto […]

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DETROIT (AP) — Detroit could have been on the hook for millions of dollars in a lawsuit alleging police abuse. Lawyers, however, are closing the case after eight years, acknowledging that the claims of possibly 200,000 people are practically worthless. The reason? Detroit’s 2013 bankruptcy. The 2010 lawsuit, which described poor conditions in holding cells […]

Duane Martin and his estranged wife Tisha Campbell-Martin are in for a battle over spousal support. According to court documents obtained by The Blast, Duane is asking the court to award him support as he and Tisha work to end their 21-year marriage. This is the opposite of Tisha’s original divorce complaint filed in February, where she asked to be […]

Entertainment

Lil’ Kim has reportedly pleaded with a judge to stop the sale of her mansion as part of her bankruptcy. The rapper, who owes $4 million to creditors, claims she originally filed for bankruptcy to save her house from a public auction and to address outstanding tax debt, according to court documents obtained by The Blast. Kim […]