Economics News

After being convicted of false imprisonment, Girls Gone Wild founder Joe Francis told the Hollywood Reporter that his jury was "retarded," and should be killed.

Oreck Corp. got approval Tuesday for an interim financing plan that will allow it to keep operating as it prepares to sell itself to the founding Oreck family or someone elseperhaps even competitor Hoover.

First Montgomery bid $10.1 million at a bankruptcy auction Monday, topping Camden County, the Union League of Philadelphia, and an investment group led by George E. Norcross III and Ira Lubert, who offered $10 million.

Vik is an Editor at High Gear Media and contributor for a number of sites within the High Gear Media network.

Democratic voters in financially troubled Harrisburg denied Mayor Linda Thompson a second term Tuesday, choosing bookstore owner Eric Papenfuse to try to help the financially strapped capital.

ATLANTIC CITY - Just over a year after it opened, Atlantic City's newest casino has gone into bankruptcy and gotten out of it, ready to start again.

St. Louis Fourteen miners and supporters, including United Mine Workers of America President Cecil Roberts, were arrested on trespassing charges Tuesday at a rally in downtown St.

Just 13 months after it opened with sky-high hopes, the casino got out of bankruptcy court Tuesday.

Ergen has offered to buy the spectrum even though the Federal Communications Commission has yet to approve its use, according to the people, who asked not to be named because the deal hasn't been shown to the bankruptcy judge.

A judgment can suck the life out of your credit scores for years and make it difficult, if not impossible, to rebuild your credit.

The state of Rhode Island is getting ready to sell the Kingdoms of Amalur intellectual property that it seized from bankrupt 38 Studios.

With a major ruling in Patriot Coal Corp.'s bankruptcy due within about a week, the United Mine Workers of America are planning a rally for 10 a.m. Tuesday starting at Keiner Plaza downtown, with participants marching to the U.S. Bankruptcy Court on 10th Street.

Not only has Sinbad gone bankrupt, but he's also facing a whole lot of debt. The comedian filed for Chapter 13 in April and claims he owes $8.3 million to the IRS for taxes from 1998 to 2006.

A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant.

A real estate developer won an auction this morning for Cherry Hill's Woodcrest Country Club with a bid of $10.1 million.

An expert on the American gaming scene, Maurice "Mac" VerStandig is well-versed in casino management from common issues of fraud and theft prevention to the Unlawful Internet Gambling Enforcement Act and Indian Gaming Regulatory Act .

Yet that's the challenge many college graduates will face. The clock on their student loans will begin counting down to their first payment due date.

Hoboken411 reader Adam clued us into this, and wanted current and future members as well as the general public to know about it, "so they can make an educated decision about joining this facility.

"We're running around the clock," said Nicholas Maiale, second-generation owner of Inserts East Inc.

NY Governor Nelson Rockefeller was said by some to have an "edifice complex". He was also a man used to getting what he wanted, when he wanted it.