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.
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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.
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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.
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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.
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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...
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Wells Fargo is hit by another scandal, Kroger moves into online shopping, Cambridge Analytica files for bankruptcy, and other important headlines.
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Odd behavior CEO Elon Musk hurts Tesla stock, Xiaomi plans a massive IPO, Sprint's CEO gets a promotion, and other important headlines.
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Following its bankruptcy filing late in March, FirstEnergy subsidiary FirstEnergy Solutions is just getting started on a process that might take years to resolve.
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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
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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.
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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.
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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.
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After a month-long delay following the school shooting in Parkland, Florida, gun maker Remington has officially filed for Chapter 11 bankruptcy protection.
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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.
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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.
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