The North Carolina-based company plans to remain operational throughout the restructuring process, which it expects to be ...

Wolfspeed shares plunged 30% to an all-time low Monday as the struggling chipmaker announced it had filed for Chapter 11 ...

Wolfspeed (NYSE:WOLF) plans to file for bankruptcy in the United States under a restructuring agreement with creditors, the ...

News & Observer business and tech reporter Brian Gordon explains how creditors will now control the struggling company which is a big employer in Durham and Chatham counties.

U.S. equities were higher at midday as concerns oil prices would spike because of the U.S. attack on Iran diminished.

The UK’s CMA is proposing to designate Google with “strategic market status” in an attempt to curb its dominance in online ...

Rio Tinto, Hancock to Jointly Invest $1.6 Billion in Hope Downs 2 Project The world's second-largest miner by market value said the project will include two new pits capable of producing a combined 31 ...

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

Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would ...

Wolfspeed reaches bankruptcy plan with creditors Apollo, ... Gov. Josh Stein issues his first vetoes. Will GOP be able to override them? June 22, 2025 5:00 AM ...

Durham-based semiconductor company Wolfspeed has announced its restructuring plan as it files for bankruptcy. Wolfspeed has ...