Bankruptcy

Bankruptcy Articles

Microsoft launches a new line of computers, J.C. Penny names new CEO, Toys "R" Us may be resurrected, and other important business headlines.
The founders of Instagram leave the company, Novartis to cut hundreds of jobs, crude oil prices jump above $80 a barrel, and other important business headlines.
Hotel and casino operator Ceasars Entertainment received a solid price target from Credit Suisse as the brokerage firm initiated coverage with a 30% implied upside to the current share price.
It might seem fitting to wonder whether J.C. Penney or Sears ultimately will fail first, but first one of these two fallen retail giants will end up a classic penny stock first.
As many as 139 New York City taxi medallions may be sold later this month in a bankruptcy auction. The rise of ride-hailing services like Uber and Lyft have slashed the value of the medallions to a...
Wells Fargo is hit by another scandal, Kroger moves into online shopping, Cambridge Analytica files for bankruptcy, and other important headlines.
Odd behavior CEO Elon Musk hurts Tesla stock, Xiaomi plans a massive IPO, Sprint's CEO gets a promotion, and other important headlines.
Following its bankruptcy filing late in March, FirstEnergy subsidiary FirstEnergy Solutions is just getting started on a process that might take years to resolve.
In another sign that the traditional retail industry is falling apart, research firm Moody's reported that retailer defaults reached an all-time high in the first quarter
Walmart may buy an online pharmacy, CBS may make a low-ball bid to buy Viacom, Elon Musk's joke about a Tesla bankruptcy backfires, and other important headlines.
Electric utility FirstEnergy on Sunday filed for bankruptcy protection on its merchant power business. The company is also seeking federal approval that would require the plants to remain open.
Toys “R” Us generated over $7 billion in sales in the United States in the year ended January 2017, which means that all this cash is up for grabs among major retailers.
After a month-long delay following the school shooting in Parkland, Florida, gun maker Remington has officially filed for Chapter 11 bankruptcy protection.
Tronc's chairman steps down ahead of reports of sexual harassment, Aramco continues to struggle with its IPO, an Uber self-driving car killed a pedestrian.
Claire's Stores has become the latest retailer to go under as ever fewer people go to brick-and-mortar locations and more people shop online.