The 38-year-old Durham, North Carolina, semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy, officially starting ...

Yahoo Finance anchor Brad Smith examines some of the top headlines on Wall Street as part of today's Market Minute. Apple ...

Dr. John Edmond told NEWSChannel 2 that Wolfspeed, the company he co-founded, will keep its Marcy manufacturing plant open as the company prepares to file for bankruptcy.

As it moves to restructure its debt, including through a potential Chapter 11 bankruptcy, the struggling Durham semiconductor supplier Wolfspeed will lay off more than a third of the workers at the ...

SiC chipmaker files for Chapter 11 as next step in restructuring agreement SiC chipmaker Wolfspeed has filed for Chapter 11 ...

Wolfspeed files for Chapter 11 bankruptcy to seek debt solution. ... The company states it will deliver materials as normal and that Monday’s announcement will not impact employee pay or benefits.

The 38-year-old Durham semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy Monday, officially starting a reorganization the company says will allow it to shed billions in debt.

WKTV -- As expected, Wolfspeed announced it has filed Chapter 11 bankruptcy. By filing, the company is looking to cut its debt by almost 70 percent which is approximately $4.6 billion. The company, ...

Wolfspeed cuts 73 jobs at its $5 billion Chatham County plant, citing business challenges. ... A Wolfspeed bankruptcy would hit these investors hardest. One of Triangle's highest-paid CEOs fired ...

Wolfspeed files for Chapter 11 bankruptcy to seek debt solution. ... The company states it will deliver materials as normal and that Monday’s announcement will not impact employee pay or benefits.