#bankruptcy Tech News.
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The latest bankruptcy news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks bankruptcy across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Chase Ace Hardware filed Chapter 11 bankruptcy due to a challenging housing market and consumer reluctance to spend on renovation projects. The hardware and home improvement retail sector has been impacted, affecting retailers like Home Depot and Lowe's. Home Depot reported a 3.8% sales decline in its fourth quarter of 2025. The company's annual sales still rose by 3.2% in 2025.
Casino operator closes two more locations in Chapter 11 bankruptcy proceedings. The closures bring the total number of locations shut down to five. The company's financial struggles have led to significant losses. The American Gaming Association notes that casinos are designed to favor the house in all games, including blackjack and card games.
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