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Intel’s Chip Business Shows Signs of Life After Years of Struggle
It is the centerpiece of President Trump’s drive to make more chips in the United States, but the company still has a long way to go before it can be called a complete turnaround.
We're trimming a health-care stock into strength and raising our price target
It's been a remarkable turnaround for a name we started to buy a little too high and a little too fast when the Iran war broke out.
Bengals News (6/24): Will Cincinnati have Patriots-like turnaround?
A favorable schedule helped the Patriots make a historic turnaround.
From Genocide to Africa’s Healthcare ‘Beacon’: Inside Rwanda's Turnaround
When global healthcare organization Partners In Health was invited to Rwanda in the early 2000s to support the country’s new universal healthcare program, it discovered a nation that had yet to recover from a 1994 genocide that killed up to 1 million citizens and decimated infrastructure. At a ...
Dak Prescott, Cowboys Get New Offensive Lineman on Monday
Dak Prescott and the Dallas Cowboys are desperate for a turnaround after missing the playoffs in back-to-back years.
Stock Market Today, June 11: AMC Entertainment Jumps After Completing $150 Million Equity Offering
AMC’s fresh equity raise, surging volume, and box-office rebound put its turnaround narrative back in focus, today, June 11, 2026.
Business Restructuring Review Vol. 25 No. 3 May-June 2026
In This Issue Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief In In re Siu-Fung Ceramics Holdings Limited, No. 24-33299, 2026 WL 382424 (Bankr. S.D. Tex. Feb. 10, 2026), the court denied petitions for chapter 15 recognition of Hong Kong bankruptcy and liquidation proceedings commenced on behalf of an individual debtor and a group of companies that he owned or controlled. According to the court: (i) the corporate debtors' Hong Kong liquidation proceeding was not eligible for chapter 15 recognition because the attorney retainer upon which such relief was based was not funded until nine months after the chapter 15 petition date; and (ii) the individual debtor's Hong Kong bankruptcy case could not be recognized because the debtor's "center of main interests" on the chapter 15 petition date was not in Hong Kong, and he did not even maintain an "establishment" there. [read more …] Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions In In re Container Store Group, Inc., 676 B.R. 356 (S.D. Tex. 2026), appeal filed, No. 26-20166 (5th Cir. Apr. 14, 2026), cross appeal filed, No. 26-20166 (5th Cir. Apr. 24, 2026), the U.S. District Court for the Southern District of Texas addressed consensual third-party releases and gatekeeping provisions in the aftermath of the U.S. Supreme Court's ruling in Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024). Consistent with existing Fifth Circuit precedent, the court confirmed that, in appropriate circumstances, consent for third-party releases may be obtained through a creditor's failure to opt out of granting that consent. But, the court ruled, consent through an opt-out mechanism essentially can never be inferred for creditor classes that stand to receive no recovery under a chapter 11 plan and that are deemed to reject the plan by operation of applicable bankruptcy law. Instead, those classes must affirmatively opt in to any release. The court also narrowed and remanded the bankruptcy court's acceptance of a broad gatekeeping provision, ruling that such provisions must correspond to the restrictions established by Fifth Circuit precedent. [read more …] Delaware Bankruptcy Court: Initial Transferee Need Not Be Defendant in Fraudulent Transfer Avoidance and Recovery Litigation The Bankruptcy Code gives a bankruptcy trustee the power to avoid asset transfers that are either made with the intent to defraud creditors or that are "constructively" fraudulent because an insolvent debtor did not receive adequate value in exchange. The Bankruptcy Code also permits recovery of an avoided transfer from not only the initial recipient, but also from subsequent transferees. Courts disagree over whether a transfer must actually be avoided before the trustee can seek recovery from a subsequent transferee and whether the initial transferee must also be a defendant in the recovery litigation against a subsequent transferee. The U.S. Bankruptcy Court for the District of Delaware weighed in on this debate in Phillips v. SS Associates LLC (In re ONH AFC CS Investors, LLC), No. 23-10931 (CTG), 2026 WL 312892 (Bankr. D. Del. Feb. 4, 2026). The court adopted the majority view, ruling that the initial transferee need not be a defendant in avoidance and recovery litigation against a subsequent transferee, but that the trustee must establish the elements necessary to avoid the initial transfer as part of the recovery litigation. [read more …] New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions In order to assume and assign an executory contract or unexpired lease, a bankruptcy trustee must cure most defaults under the agreement and provide "adequate assurance" of the assignee's future performance. However, the Bankruptcy Code provides no guidance as to the meaning of "adequate assurance" other than with respect to shopping center leases. In In re Broadway Realty I Co. LLC, No. 25-11050, 2026 WL 147505 (Bankr. S.D.N.Y. Jan. 19, 2026), the U.S. Bankruptcy Court for the Southern District of New York examined this issue in connection with a proposed assignment of thousands of residential leases as part of a free-and-clear sale of debtors' properties. The court held that "adequate assurance" does not mean a guarantee of the assignee's future performance, but merely demonstration that the assignee has the ability to satisfy the underlying obligations. The bankruptcy court also ruled that an exculpation provision in the debtors' chapter 11 plan exonerating non-estate fiduciaries from liability for actions taken in connection with the chapter 11 case was unobjectionable, provided it was limited in scope to postpetition conduct and actions taken in connection with implementation of the plan after its effective date. [read more …] Newsworthy Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington) were included in the 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers. The Daily Business Review selected Isel M. Perez (Miami) as an "On the Rise" winner for the Florida Legal Awards. The Florida Legal Awards annually recognize those who have made significant contributions to the legal industry in Florida. Dan T. Moss (Washington/New York) was inducted as a Fellow in the 37th Class of the American College of Bankruptcy at its Annual Meeting in March 2026 in San Antonio, Texas. Christine Borries (Munich) was ranked in the practice area Restructuring/Insolvency in the 2026 edition of Chambers Germany. The 2027 edition of The Best Lawyers in Singapore™ recognized Sushma Jobanputra (Singapore) in the practice area Insolvency & Reorganization. The restructuring transaction involving Eissmann Automotive North America, Inc. received the "2025 Turnaround of the Year (Large Company)" at the Turnaround Management Association (Detroit) Annual Awards Reception. T. Daniel Reynolds (Cleveland) and Nick Buchta (Cleveland) represented subsidiaries of Eissmann Group Automotive in connection with the parent company's German insolvency proceedings. Roger Dobson (Sydney) is among 40 Jones Day lawyers recognized by The Best Lawyers in Australia 2027 for his contributions in Banking and Finance Law; Distressed Investing & Debt Trading; Insolvency and Reorganization Law; Litigation. An article written by Corinne Ball (New York) titled "Ard Finance—A Global Enterprise Combining an LME With a Foreign Insolvency Proceeding and Chapter 15" was published in the April 21, 2026, edition of the New York Law Journal. An article written by Alex Sapp (New York) titled "Recent Developments in Section 510—Subordination" was published in the 2025 edition of the Norton Annual Survey on Bankruptcy Law. An article written by Brad B. Erens (Chicago) titled "New York Bankruptcy Court Approves Insider DIP Litigation Financing" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Corinne Ball (New York), Dan T. Moss (Washington/New York), David S. Torborg (Washington), and Isel M. Perez (Miami) titled "New York District Court Affirms Narrow Scope of 'Public Policy Exception' in Chapter 15 Cases" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Jeffrey B. Ellman (Atlanta) titled "Statutory Cap on Lease Rejection Damage Claims in Bankruptcy Applies to Solvent Debtors" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on April 6, 2026, by Lexis Practical Guidance. Lawyer Spotlight: Ben Rosenblum Ben Rosenblum, a partner in the New York Office, represents debtors, creditors, and other parties in out-of-court restructurings and court-supervised proceedings, including chapter 11 cases, municipal bankruptcies, international insolvency matters, and stockbroker liquidations. His experience spans industries such as manufacturing, shipping, mining, aviation, energy, real estate, and telecommunications. Ben's notable debtor representations include Peabody Energy, the City of Detroit, Chrysler LLC, Spansion Japan, and Dana Corporation. Significant creditor representations include General Maritime Corporation, Calpine Corporation, American Home Mortgage, and Murray Energy. He currently represents creditors in Puerto Rico's restructuring. He also has extensive experience advising financial institutions on bankruptcy law as applied to derivatives.
Campbell’s CEO: “Tough decisions” loom for struggling snack business
While the Goldfish maker is making progress to improve the operation, its top executive warned the turnaround will “take some time” amid a challenging environment.
U.S. Investors Target Wrexham-Style Turnaround with Italian Soccer Club
The deal is expected to close this month.
Intel was on the brink of downfall. A twist in the AI race could boost its revival
When Lip-Bu Tan took the helm of Intel in March 2025, the company was in desperate need of a turnaround.
What to Expect at Apple’s WWDC 2026: iOS 27, New Siri and AI
The iPhone maker will attempt its artificial intelligence turnaround on Monday.
Nike CEO Elliott Hill outlines sports-focused strategy to revive iconic sportswear company
Nike CEO Elliott Hill opened up about the company's turnaround on "The Claman Countdown," outlining how a focus on sports is essential to Nike's future.
Craig Breslow Explains Red Sox's Stunning Offensive Turnaround
How did Boston go from one of the worst offenses in baseball to one of the best?
Astros News: Hader’s Return, Imai’s Turnaround, Abreu Struggles, Ullola
The latest news on your Houston Astros! Josh Hader’s return appears to be imminent: After 6 no-hit innings in his best start in MLB, Tatsuya Imai gave the Astros another strong start this weekend against division-leading Milwaukee: Bryan Abreu’s struggles continue, so much so that the Astros have, at least for now, changed the trajectory […]
Nvidia takes aim at Intel’s core business
New AI-focused PC processors could threaten the revenue engine underpinning Intel’s turnaround.
Xbox CEO Says Company Needs To Be Making 'Hard Choices'
The drip-feed out of Xbox's attempted turnaround continues
Longview mill implosion comes amid turnaround effort by foreign owners
Days after the fatal incident at the Nippon Dynawave Packaging plant, it's unclear what the accident means for the facility or its Japanese owner.
Highmark Health's first quarter results rebound compared to 2025
Health insurer and hospital system giant Highmark Health reached a financial turnaround for the three months ending March 31. The holding company for the...
Bath & Body Works Sales Fall Amid Turnaround Efforts
Bath & Body Works reported lower first-quarter sales as the company overhauls its strategy in an attempt to return to growth.
Stellantis unveils $70B turnaround strategy with 60 new models
Stellantis announces a $70 billion turnaround strategy focusing on core brands, external partnerships and more efficient factory capacity use.
Target notches much-needed win in first quarter of turnaround strategy
Target's first quarter crushed expectations, netting $25.4 billion in sales, as shoppers flocked to the retailer's renewed mix of trend and value.
Chicago Reader names a new publisher
The Chicago Reader has named a new publisher as the long-struggling alternative news outlet continues its latest turnaround effort.
Phillies’ Don Mattingly reveals simple reasoning behind recent success
Philadelphia Phillies manager Don Mattingly discussed the club’s recent turnaround Monday before a three-game set vs. the Cincinnati Reds.
Intel CEO says foundry business is gaining momentum as customer interest grows
Intel CEO Lip-Bu Tan said the company’s Foundry turnaround is gaining traction.
Starbucks announces third round of corporate layoffs in restructuring
Starbucks cuts 300 US corporate roles under CEO Brian Niccol's turnaround plan, aiming for efficiency and growth amid restructuring efforts.
U.K. and French Entertainment Unions Join Forces to Protest Long Hours
Britain's Bectu and sister unions in France have launched a joint campaign to highlight “unsustainable” working hours in the film and TV industries.
Beasley Sees ‘Turnaround Business’ As Digital Revenue Climbs 18% In Q1.
Beasley Media Group executives used the company’s first-quarter earnings call to frame 2026 as a rebuilding year centered on digital growth, debt reduction and operational discipline. While revenue and EBITDA
How Krispy Kreme turning around the business
Krispy Kreme (DNUT) CEO Joshua Charlesworth joins Josh Lipton on Market Domination to discuss the business turnaround amid cautious consumers.
CVS Health CEO David Joyner: Our Aetna business got off track, but we've had five quarters of improvement
CVS Health President and CEO David Joyner joins 'Mad Money' host Jim Cramer to talk quarterly results, the company's turnaround plan, and more.
Old Navy turns to retail, entertainment vet to invigorate turnaround
Michael Francis has led marketing at Walmart, Target and Dreamworks and is now taking newly created roles at Gap Inc. and its value brand.
CVS’s Results Add to Positive Momentum for Health-Insurance Industry
The company attributed much of the improvement to a turnaround at its insurance unit, Aetna.
'The final day doesn't define a season'
Derby County supporter Amelia Warren reflects on the Rams' play-off near miss and the club's incredible turnaround over the past year.
Luton heading in right direction under Wilshere
The Luton Town board praise head coach Jack Wilshere following a 'turnaround' season, despite missing out on the League One play-offs.
Max Verstappen reveals hidden factor behind Red Bull’s F1 turnaround
Verstappen has been surprised by Red Bull’s major step in Miami. The Dutchman reveals there is another factor at play besides the upgrades: during the F1 break, Red Bull discovered an issue in the steering system
ESPN loses sole executive who cracked down on political, racial rhetoric
ESPN EVP David Roberts, who oversaw the network's turnaround by cutting divisive programming and boosting SportsCenter ratings, plans to retire in August.
Xbox's Big Turnaround Hedges Everything on Gamers' Nostalgia
The future of Xbox might lie in its roots.
Small Business Grant recipients announced
ELKINS – Woodlands Development & Lending is proud to announce recipients of its Spring Forward Small Business Grant Opportunity. Officials received more than 80 proposals for this quick-turnaround, $500 grant and were able to make 22 awards to small businesses located throughout the Mon Forest Region of West Virginia. Local food establishments, recreation outfitters, small […]
Read Nike's memo revealing 1,400 job cuts in operations, technology
Nike announced 1,400 job cuts in global operations on Thursday, as it focuses on modernizing tech and manufacturing as part of its turnaround plan.
Slow Starts (And Hopeful Turnarounds)
Some players get off to incredibly hot starts to the year. Very few keep it up, with most flaming out. […]
MLB Power Rankings: Let the turnarounds begin? Which teams have already exorcised their early season demons
In the long slog that is a 162-game season, early results can mean nothing -- or everything
Extra half-mile added to some runner’s course during Covenant Health Knoxville Marathon
The email said the lead vehicle took participants approximately a half mile longer than the advertised distance at the turnaround on Neyland Drive.
How the Navy's retail business is working to pull off a turnaround
Sales have fallen at the Navy Exchange, the government-owned department store chain that provides tax-free products to enlisted servicemembers and veterans. Its stores are an important benefit to military families stationed across the world, and its profits directly improve the welfare of Navy sailors. The company is working to revamp its fleet of stores with a planned investment of around $100 million to better compete with major e-commerce players like Walmart and Amazon.
What the Nike CEO’s remarks reveal about rallying employees through turnaround fatigue
His employees are exhausted. So is he.
New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
How The PENN Entertainment (PENN) Turnaround Story Is Shifting With New Targets And ESPN Progress
PENN Entertainment's fair value estimate has shifted from US$18.44 to US$19.11 per share, putting it closer to a cluster of recent Street targets in the mid to high teens and low US$20s. This revision aligns with analyst commentary that combines optimism around the interactive segment and free cash flow with lingering doubts about management credibility and the turnaround story. Read on to see how to track these changing targets and keep up with the evolving narrative around PENN. Analyst...
Senate and House Republicans Strike Deal to End Homeland Security Shutdown
Legislation to reopen the department, which the House G.O.P. angrily rejected on Friday, could be approved as early as Thursday morning. It represents a sharp turnaround by them and President Trump.
Report Milan frustrated by Corinthians and abandon Andre pursuit
In a sudden turnaround, Italian reports suggest Milan have abandoned negotiations with Corinthians for midfielder André after a new offer was rejected.The situation has been confusing even for the Ro...
Russia's oil is beating global prices, padding the Kremlin's war chest
The shift marks a turnaround for Russia, which had been forced to sell oil at steep discounts following Western sanctions over the war in Ukraine.
'Beast' McTominay hailed for Napoli turnaround
"Beast of an athlete" Scott McTominay has been praised for the way he has gone from Manchester United "scapegoat" to Napoli great. Scotland assistant coach Steven Naismith revealed he had been impressed from the moment the 29-year-old midfielder joined the national squad.
Raptors, Suns playing for postseason in season's final stretch
Two of the best turnaround stories in the NBA this season belong to the Toronto Raptors and the Phoenix Suns, who each missed the playoffs a year ago.
‘ARC Raiders’ Head Praises ‘Unusual’ Marathon Turnaround
ARC Raiders and Marathon may be genre rivals, but the boss of Embark has kind words for Bungie and their turnaround sparked by implementing feedback quickly.
Dahlin rejects 'pest' label while driving the Sabres' turnaround
Dahlin has been in the thick of it all.
CarMax Stock: Auto Business Activist Investor Takes Stake
CarMax stock rose over 7% in premarket trading. Starboard eyes a turnaround for CarMax that includes $300 million in cost cuts.
A Look At Global Business Travel Group’s Valuation As Earnings Turn Positive For 2025
Global Business Travel Group (GBTG) has caught investor attention after reporting full year 2025 earnings, with sales of US$2.718b, net income of US$109m, and earnings per share of US$0.22 from continuing operations. See our latest analysis for Global Business Travel Group. Despite the earnings turnaround, Global Business Travel Group’s recent share price performance has been weak, with a 90-day share price return of a 24.37% decline and a 1-year total shareholder return of a 26.50% decline...
24 Hours With Nike’s C.E.O. as He Races to Win Back the Sports World
Elliott Hill is traveling the globe to meet with leagues, teams and athletes to rebuild connections and spur a turnaround for the world’s largest athletic-wear company.
Target bets on 'busy families' to return to growth: CEO Fiddelke
Target's turnaround strategy focuses on "busy families" and returning to its reputation as a store with trendy products, executives said.
Target’s new CEO unveils his turnaround plan
Target’s new CEO wants to re-establish the company’s “Tarzhay” reputation after a brutal few years.
Special Edition – Turnaround of the 2026 Session
Learn which health-related bills remain after Turnaround Day and what to watch in the second half of the 2026 Kansas legislative session.
Rising optimism among region’s business leaders suggests growth for Delaware
Business optimism is returning for small and midsize business leaders at the start of 2026, fueling confidence and growth plans. The 2026 Business Leaders Outlook survey, released in January by JPMorganChase, reveals a turnaround from last June, when economic headwinds and uncertainty about shifting policies and tariffs caused some leaders to put their business plans […]
WPP's turnaround plan: 3 key takeaways on what it means for staff
There are big changes ahead at WPP. The British ad group is simplifying its structure and planning hundreds of millions of dollars in cost savings.
"Microsoft wants a turnaround and is worried about losing Xbox" - Insider report paints a different picture of Phil Spencer's retirement and Sarah Bond's sudden departure
Could this be a genuine reset and potential comeback?
Business Restructuring Review
In This Issue: The Year in Bankruptcy: 2025 A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative developments. [read more …] U.S. Bankruptcy Court Denies Chapter 15 Recognition of Maltese Liquidation Absent Evidence of Meaningful Activities Supporting Finding of COMI or Establishment in Malta In In re Geden Holdings, Ltd., No. 25-90138, 2025 WL 2484883 (Bankr. S.D. Tex. Aug. 28, 2025), stay pending appeal denied, No. 25-90138, 2026 WL 97993 (Bankr. S.D. Tex. Jan. 13, 2026), the U.S. Bankruptcy Court for the Southern District of Texas ruled that, for purposes of recognition under chapter 15 of the Bankruptcy Code, although a foreign debtor may have had its center of main interests ("COMI") or an establishment in Malta when a liquidation proceeding was commenced for it in a Maltese court in 2017, the absence of any meaningful activity by the debtor's liquidator from that time until the liquidator filed a chapter 15 petition in the United States more than five years later meant that the debtor had neither a COMI nor an establishment in Malta on the chapter 15 petition date. The court accordingly denied the petition for recognition. [read more …] The Ninth Circuit's Expansive Reading of "Financial Accommodations" that Cannot Be Assumed or Assigned in Bankruptcy It is generally well understood that agreements to extend credit or provide financing to a debtor cannot be assumed or assigned in bankruptcy. Even so, the provision of the Bankruptcy Code that precludes assumption or assignment—section 365(c)(2)—also extends to "financial accommodations," a term that is not defined in the Bankruptcy Code and has been the subject of relatively few bankruptcy and appellate court rulings. The U.S. Court of Appeals for the Ninth Circuit examined the meaning of the term in In re Svenhard's Swedish Bakery, 154 F.4th 1100 (9th Cir. 2025). The court of appeals ruled that a deeply discounted settlement of pension plan withdrawal liability is a "financial accommodation" that cannot be assumed or assigned, thereby extending the reach of section 365(c)(2) well beyond conventional lending arrangements. [read more …] Pennsylvania District Court Applies "Hypothetical Test" in Determining that Patent License Agreement Is Assignable in Bankruptcy In Crivella Holdings Ltd. v. Mesearch Media Technologies Ltd., No. 2:25-cv-333, 2025 WL 2443400 (W.D. Pa. Aug. 25, 2025), the U.S. District Court for the Western District of Pennsylvania affirmed a bankruptcy court ruling denying a software licensor's motion for relief from the automatic stay to terminate the license agreement. The court found the license was assumable in bankruptcy under the Third Circuit's hypothetical test as a result of language in the agreement stating that it could be assigned to a "successor in interest" of the debtor without the licensor's further consent, thereby overriding federal patent law's general prohibition against the assignment of patents. [read more …] New York Bankruptcy Court Denies Motion to Terminate Chapter 15 Recognition and Dismiss Chapter 15 Case In In re Oi S.A., No. 23-10193 (LGB), 2025 WL 2806591 (Bankr. S.D.N.Y. Oct. 1, 2025), the U.S. Bankruptcy Court for the Southern District of New York considered whether chapter 15 recognition of a debtor's Brazilian restructuring proceeding should be terminated and the case dismissed due to the debtors' financial deterioration and inability to satisfy its restructuring plan obligations after entry of the recognition order. The court denied the motion, concluding that recognition of the Brazilian proceeding and a court-approved restructuring plan for the debtors should not be terminated under section 1519(d) of the Bankruptcy Code—according to the court, the sole authority for revocation of chapter 15 recognition—because, among other things, the restructuring proceeding was still pending, the debtors might still need relief authorized under chapter 15, and the debtors' prospects for reorganizing under a hypothetical chapter 11 case were uncertain at best. It also found that no provision of the Bankruptcy Code authorizes the dismissal of a chapter 15 case. [read more …] Newsworthy Effective January 1, 2026, Jones Day welcomed Isel M. Perez (Miami), Andrew M. Butler (New York), Sid Pepels (Amsterdam), and Anna C. Bretting (Munich) to the partnership in the Business Restructuring & Reorganization Practice. Sid Pepels (Amsterdam) has been nominated for the Future Leader Award by the Global Restructuring Review, an organization that acknowledges and honors excellence within the global restructuring and insolvency sector. This award is designed to recognize exceptional contributions made by both individuals and firms in the field. The 2026 edition of Chambers UK recognized Ben Larkin (London) in the practice area Restructuring/Insolvency and Adam R. Brown (London) in the practice area Restructuring/Insolvency: Litigation. The 2026 edition of Chambers Asia-Pacific ranked Roger Dobson (Sydney) in the practice area Restructuring/Insolvency. An article written by Corinne Ball (New York) titled "Backstop Fees for Lenders in Chapter 11 Plans: Absent Market Test, Equality of Treatment Now Required in Fifth Circuit After 'ConvergeOne'" was published on November 12, 2025, in the New York Law Journal. An article written by Oliver S. Zeltner (Houston) titled "Delaware Bankruptcy Court: No Legal Authority for Chapter 11 Plan Gatekeeping Provision" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) titled "First Impressions: Eleventh Circuit Rules that Annulment of Automatic Stay Does Not Violate U.S. Supreme Court's Prohibition of Nunc Pro Tunc Orders" was published on November 21, 2025, by Lexis Practical Guidance. An article written by Genna Ghaul (New York) titled "Iowa District Court: Avoidance Claims Cannot Be Encumbered by Pre-Bankruptcy Liens" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), David S. Torborg (Washington), and Ben Rosenblum (New York) titled "New York Bankruptcy Court Rejects Challenge to Barnet Rule Permitting Foreign Debtors to Obtain Chapter 15 Recognition With Only Minimal U.S. Assets" was published on November 21, 2025, by Lexis Practical Guidance. The M&A Advisor has recognized the Silvergate Capital Corporation Bankruptcy case as the Chapter 11 Reorganization of the Year (over $5 billion) during its 20th Annual Turnaround Awards. Jones Day is listed among the professionals for the representation of Exploration Capital, which was led by Joshua M. Mester (Los Angeles). Lawyer Spotlight: Sid Pepels Sid Pepels, a partner in Jones Day's Amsterdam Office, litigates and advises clients on commercial and international insolvency matters, with a focus on complex restructurings and insolvencies. He has advised and litigated high-profile cases, including: the cross-border WHOA (Wet Homologatie Onderhands Akkoord) proceedings concerning Vroon Group and Diebold Nixdorf; proceedings on behalf of expropriated SNS Reaal bond holders against the Dutch State; the bankruptcy of Intertoys, the leading Dutch toys retailer; the restructuring of Oi, the Dutch finance vehicle of the Brazilian telecom giant; and Blokker, the leading Dutch home appliances retailer. Sid holds a Ph.D. in European insolvency law and regularly publishes in academic journals on topics of cross-border insolvency. He has been recognized in The Legal 500 Netherlands and was noted by his peers for being client-minded and a creative thinker with a "strong grasp of the law and strong interpersonal skills." Sid was also nominated for the "Future Leader" award at the Global Restructuring Review Awards 2025. He is a board member for the Netherlands Association for Comparative and International Insolvency Law and a NextGen member of the International Insolvency Institute.
Dave & Buster's Entertainment Is An Exciting Turnaround That's In Play
Dave & Buster’s stock stays a speculative "Buy" despite margin pressure. Here's what investors need to know about the entertainment company.
Wendy’s takes sharp U-turn back to its core business
The chain’s same-store sales fell 11.3% in Q4 as executives embark upon a turnaround plan focused on menu, marketing, and operations
Wendy’s is closing 6% of its stores by mid-2026
Wendy’s is planning to close hundreds of locations across the United States as part of its turnaround plan.
CVS tops quarterly estimates, reaffirms profit outlook as turnaround plan takes effect
The results signal steady progress in the health-care giant's aggressive turnaround plan under CEO David Joyner, who stepped into the role in late 2024.
Boxing great Mike Tyson discusses health turnaround, junk food past and Trump relationship
Former undisputed heavyweight world champion Mike Tyson detailed past health struggles and reflected on the early years of his relationship with President Donald Trump.
Target’s New C.E.O. Faces Hometown Crisis as He Begins Turnaround Effort
Michael Fiddelke takes the top job at the struggling retailer amid continued unrest in the Twin Cities. A new boss also steps in at Walmart, where things are quieter.
Nestlé’s Chief Is in Turnaround Mode. He Drinks 8 Cups of Coffee a Day.
Philipp Navratil recently took over the 160-year-old Swiss food giant, charged with reviving growth and regaining trust after his predecessor was ousted over a scandal.
Starbucks' first investor day in years was a sneak peek of its future
Two Business Insider reporters attended Starbucks' Investor Day and got a firsthand look at how the brand plans to build momentum with its turnaround.
Starbucks Says Turnaround ‘Ahead of Schedule’ as Sales Rebound
The coffee chain’s stock jumped after a better-than-expected earnings report.
Leaked Starbucks org chart shows who's who behind its turnaround
Org charts reveal a company's power structure. A copy of Starbucks' chart shows who's helping CEO Brian Niccol drive the chain's turnaround.
Boeing just turned a rare profit. Its problems may be coming to an end
Boeing just announced the end of years of deep financial losses, a turnaround for a company after nearly seven years of bad news.
UPS to cut 30,000 more jobs amid turnaround plan
UPS aims to cut up to 30,000 operational jobs by 2026 as part of major transformation strategy to optimize network operations and boost productivity.
Virginia Tech, Georgia Tech plan to 'take a stand'
With both teams coming off decisive losses to ranked foes, Virginia Tech and Georgia Tech seek turnarounds when they meet Tuesday in Blacksburg, Va.
Prep talk: St. Monica Academy enjoys huge turnaround under new girls' basketball coach
Veteran coach Vic Karapetian has St. Monica Academy girls' basketball at 15-3 this season.
President Donald Trump is acting like the CEO of USA Inc. Is it the strategy America needs?
If you think of the U.S. as a business that needed a financial overhaul, what would a turnaround CEO do?
Impossible to Google: Indiana Completes Unlikeliest Turnaround in Sports History
Hoosiers quarterback Fernando Mendoza’s fourth-down touchdown run becomes the most iconic play in the team’s unbelievable romp to their first national title.
Indiana completes one of sport’s most astonishing turnarounds with first national title
Indiana wins the national championship and breaks college football in the process.
Indiana coach Curt Cignetti’s plan: ‘You don’t go to war with warm milk and cookies’
In two seasons under Cignetti, the Hoosiers are 26-2 in one of the great turnarounds in sports history.
Best All-Time Turnarounds in Sports: Where do Indiana, Patriots, Cubs Rank?
What are the greatest two-season turnarounds in sports? FOX Sports' experts break down the top 10.
Australian Open 2026: Emma Raducanu believes her Melbourne schedule 'doesn't make sense'
While players are used to short turnarounds, Emma Raducanu questions the logic of her Australian Open first-round match being played on Sunday night in Melbourne.
Alexandra Navrotsky: ‘I don’t think you attract people to science ...
The nanogeoscientist on the importance of people to good science, the recent turnaround on diversity, equity and inclusion and why she will never be a professional artist
Macy's to close 14 stores as part of turnaround strategy: See the list
Macy's announced 14 more store closures as part of its "Bold New Chapter" turnaround strategy aimed at boosting profitability and streamlining operations.
Before Curt Cignetti and Indiana, what were the best turnaround stories in sports history?
Indiana football's dramatic turnaround is reminiscent of several other notable teams in sports history.
No. 21 Tennessee eyes turnaround vs. surging Texas A&M
After No. 21 Tennessee dropped a 91-67 decision at Florida on Saturday, Volunteers coach Rick Barnes was seething. All he could see on the stat sheet handed to him were the overabundance of turnovers listed.
WellSpan Health Announces Comprehensive Migration of Technology Portfolio to AWS
Add to FavoritesWellSpan Health, the leading health care system serving Central Pennsylvania and Northern Maryland, today announced plans for a comprehensive cloud migration of its full technology infrastructure. Together with Amazon Web Services (AWS) as its preferred cloud provider, WellSpan will transition its applications, data and environments from traditional data centers to AWS. This migration will establish the foundation for delivering next-generation, AI-enabled health care solutions that reduce administrative burden and improve outcomes for patients across the region and beyond. Supercharging Innovation, Efficiency and Patient Outcomes WellSpan's migration of systems and clinical applications, which serve 1.2 million patients across nine hospitals and 250+ facilities, is expected to be complete by April 2026, one of the fastest full-scale migrations in the health care industry. This transformation enables WellSpan to unify disparate data systems for care teams and patients alike, achieving operational efficiencies and care improvements that fragmented systems are unable to deliver. “Our comprehensive migration to the cloud accelerates our ability to deploy new clinical capabilities that transform patient care while advancing our overall innovation strategy,” said Roxanna Gapstur, Ph.D., R.N., president and CEO, WellSpan Health. “When a physician can access complete patient imaging in seconds instead of hours, we're not just modernizing technology—we're improving patient outcomes. Our new cloud infrastructure also enables us to quickly implement solutions that will free our clinicians from thousands of hours of administrative work annually so they can focus on what they do best: caring for our communities.” The transition allows WellSpan to move away from a data center-based model and enables the rapid deployment and scale of AI technology. WellSpan’s strategic partner, General Catalyst’s Health Assurance Transformation Company (HATCo), facilitated the collaboration with AWS to support the migration. WellSpan’s transformation journey benefits from HATCo’s specialized technology solutions, as well as General Catalyst and AWS’s significant partnership to improve patient outcomes, which was announced in January 2025. “Our decision to go all-in on AWS will enable insights and innovations impossible in traditional siloed environments,” said Kasey Paulus, executive vice president and chief operating officer, WellSpan Health. “This is the largest health care technology transformation in our region's history, and it positions WellSpan to be a premier partner for technology leaders across the country.” “WellSpan is building a foundation with AWS that will improve care and outcomes for patients across their health system by bringing data together into standardized formats that are optimized for AI applications,” said Dan Sheeran, vice president and general manager, Healthcare and Life Science, AWS. “To do this, it is essential to have the most secure and compliant cloud when handling patient data, along with AWS’s built-in AI governance and responsible AI frameworks that follow the industry’s highest standards to protect patient information. We look forward to continuing to work alongside WellSpan as they unlock the cloud and AI’s full potential to deliver exceptional care to their patients.” Key Benefits of the AWS Collaboration Full Portfolio Migration: WellSpan will transition its applications and data from on-premises data centers to AWS, including full IT environments and specialized applications for functions such as nursing, cardiology, pharmacy and the company’s supply chain systems. This represents approximately 7.5 petabytes of clinical and non-clinical data and more than 300 applications—the most comprehensive health system cloud migration in the Mid-Atlantic region. Approved Architectures: AWS will deliver secure, WellSpan-specific architectures tailored to each build, ensuring compliance and reliability across the health system. Unified, AI-Ready Data: Migrating to AWS enables WellSpan to harmonize data across separate systems, transforming unstructured clinical notes and multi-modal datasets into standardized, AI-ready formats. Accelerated Results and Improved Outcomes: Automated data normalization and processing will enable the deployment of applications that reduce turnaround times for items such as analyzing medical imaging or patient records from days to minutes, helping clinicians get patient results faster and improving overall health outcomes. Reduced Administrative Burden: The transition to AWS will enable swift deployment of AI-powered solutions that reclaim thousands of hours for WellSpan’s clinical and corporate teams, allowing them to focus on patient care rather than paperwork. Elastic Infrastructure: Cloud architecture will enable WellSpan to scale computing resources dynamically, supporting seasonal demand fluctuations without infrastructure investments, as well as the rapid deployment of new services across multiple locations simultaneously. Most Secure, Compliant Cloud: AWS offers the highest network availability of any cloud provider, with more than 166 HIPAA-eligible services and certifications for global compliance standards, including HITRUST CSF. Built-in AI governance and responsible AI frameworks ensure that WellSpan’s data is protected under the industry’s most rigorous standards. Tags:News releaseInnovation and partnerships
Analysis: A Keegan-like thriller
It is a scoreline so often associated with Kevin Keegan. Who could forget that chaotic game at Anfield in 1996 when Stan Collymore struck late for Liverpool to break Newcastle hearts? This time, however, Newcastle were toasting a quite remarkable victory following a late turnaround of their own.
Intel Stock Is Soaring. Is the Turnaround Gamble Finally Paying Off?
Intel stock soared on Wednesday, extending a recent run-up fueled by increasing confidence in its foundry business.
How Italy’s PM Meloni sparked an economic turnaround
Giorgia Meloni transforms Italy into Europe's success story using Reagan-style policies, restoring international confidence and achieving record employment levels.
Duke Blows Out Boston College By 51
Duke is engineering a very impressive turnaround.
Islanders Back-to-Back: Smurfs shutout, Sorokin IR, Horvat back
The Islanders had a lot of developments coming out of the holiday break to shut out the Rangers again. Injury updates and a return, plus more Hogberg presence while Ilya Sorokin recovers. They’re back at it tonight in Columbus for a 5 p.m. start. Quick turnaround, hopefully not a letdown. Islanders News Elsewhere Sooo many […]
Ole Miss continues quest for season turnaround vs. Alabama A&M
Ole Miss, coming off a self-described "must-win" victory over Southern Miss on Saturday, will strive to keep the momentum going when it faces Alabama A&M in a neutral-site matchup Wednesday night in Tupelo, Miss.
WPP CEO Cindy Rose's first 100 days show how tough the ad giant's turnaround will be
Cindy Rose faces mounting pressure to stabilize ad agency titan WPP. So far in her tenure, wins have been dampened by bad news.
‘Crisis’ ebbs: Minnesota student mental health rebounds post-pandemic
Results from the 2025 Minnesota student survey released Tuesday show a turnaround from 2022 when nearly one-third of students reported long-term mental health struggles in the pandemic, a finding officials then described as a “crisis.”
Google unveils plans to try again with smart glasses in 2026
It is a significant turnaround for the tech giant after its first attempt - Google Glass - was pulled in 2015.
Indiana's turnaround of the century isn't ending any time soon
Long the armpit of college football, Indiana is the big, bad bully on the block now.
TCU on the rebound against streaking North Texas
TCU has a quick turnaround as it takes on red-hot North Texas on Sunday in the US LBM Coast to Coast Challenge in Fort Worth, Texas.
"La Liga is corrupt": Real Madrid completely loses its cool!
Real Madrid: The club spirals after Girona setback!"La Liga is corrupt": Real Madrid completely loses its cool!Just when their Champions League win over Olympiacos hinted at a turnaround, Real Madrid ...
Streaking Lakers look to shine against Suns
On the prowl with a seven-game winning streak, the Los Angeles Lakers will close out a four-game homestand on a quick turnaround with a visit from the Phoenix Suns on Monday.