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2 hrs ago | SFGate
Chinese authorities allowed the country's first corporate bond default on Friday, inflicting losses on small investors in a painful step toward making its financial system more market-oriented.
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2 hrs ago | KVOR-AM Colorado Springs
Companies that were once the darlings of malls and shoppers recently have made headlines for financial struggles.
The deal comes after the judge overseeing Detroit's historic bankruptcy case rejected a $350 million loan that would have raised $230 million for the city to end interest rate swaps.
A judge has ordered real estate developer Tim Blixseth to appear in federal court to explain why he has not complied with a court order to pay $13.8 million to creditors in a bankruptcy case.
Money is flowing once again into muni-bond mutual funds, a turnaround from last year's exodus.
On Friday, Feb. 28, the bitcoin exchange Mt. Gox filed for bankruptcy under Japan's Civil Rehabilitation code, revealing that it was insolvent and seeking protection from creditors.
Mel Gibson may end up saving the woman who ruined him . Oksana Grigorieva just filed docs in her bankruptcy case , claiming she can only afford $372 a month to repay her debts -- listed at $438,000 -- but at that rate, it will take her nearly a hundred years to make good.
Because the hospital is county-owned, declaring bankruptcy requires legislative approval.
Three former top executives from the bankrupt U.S. law firm Dewey & LeBoeuf are expected to be hit with criminal charges on Thursday related to their alleged misleading of lawyers and banks about the firm's financial straits, according to a person familiar with the matter.
THE BOARD OF TRUSTEES WILL REVIEW THE PROPOSALS TO CLOSE THOSE SCHOOLS ON MARCH 13. A LOT OF ICE -- AN EMERGENCY HEARING IS BEING HELD IN MICHAEL BROWN'S BANKRUPTCY TRIAL.
A pair of Massachusetts micro-electronics operations that grew in part out of a former Raytheon Co.
Will Detroit's latest attempt to shed a part of a 2005 debt deal that went sour be successful in court? / Carlos Osorio/AP Photo That's surely what Detroit emergency manager Kevyn Orr is hoping, as the third attempt to pay off a pernicious city debt wends its way to U.S. Bankruptcy Judge Steven Rhodes.
USEC Inc filed for bankruptcy after struggling with weak prices for the enriched uranium it supplies to nuclear power plants and difficulties in financing a major project.
Shareholders in Italy's Seat Pagine Gialle gave the go ahead on Tuesday for a plan aimed at relaunching the heavily indebted Italian yellow pages publisher, allowing creditors to take control of the struggling company.
On Feb. 17, the Howell resident filed for Chapter 7 bankruptcy, citing debt of more than $500,000, but less than $1 million, and has since closed his 3570 Washtenaw Ave. store.
Quiznos is preparing to file for bankruptcy protection within the next few weeks due to declining sales and about $570 million in debt, according to reports published Thursday evening.