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The signing of the order Wednesday marks the court's formal approval and a major milestone in the bankruptcy of the troubled mortgage lending and service company.
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An auction is being held for the intellectual property of former Red Sox pitcher Curt Schilling's bankrupt video game company.
A federal judge said General Motors Co is not required to pay $450 million to cover medical benefits for retirees, in a defeat for the United Auto Workers union.
Fisker Automotive Holdings Inc might not be making its plug-in Karma sports cars anymore, but it still knows speed.
Waters from a leaking pipe flows down steps at the Caroline Crosman School in Detroit Tuesday, Oct. 29, 2013.
The system includes digital wallets, the ability to transfer money to anyone and anonymity too, according to a patent application filed to the U.S. Patent and Trade Office on Nov. 26. The Financial Times first reported the story.
That's $10 million more than the only deal the casino has been able to put together to sell itself when a sale to the PokerStars website fell through earlier this year.
A Delaware bankruptcy judge has approved court documents outlining a sale process for failed electric-vehicle maker Fisker Automotive.
A $25 million minimum bid has been set for The Atlantic Club Casino Hotel when it is sold at a bankruptcy auction next week.
As Bitcoin's popularity grows, so does talk about its standing as legal tender, but there are lingering issues that need to be sorted out before people start using Bitcoin to buy everyday things, experts said on Monday.
When one of the biggest private education firms in Sweden went bankrupt earlier this year, it left 11,000 students in the lurch and made Stockholm rethink its pioneering market reform of the state schools system.
American Airlines newest chief executive remotely rang the bell to open trading on the NASDAQ in New York from the airline's headquarters in Texas as it celebrates the closing of its merger with US Airways.
The U.S. government ended up losing $10.5 billion on its bailout of General Motors, but still says the alternative would have been much worse.
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In this March 22, 2012 photo is Judge Steven Rhodes in Detroit. Rhodes, overseeing Detroit's bankruptcy case, is making sure that the impact on people is front and center in his courtroom.