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Report: Another 100 Sears and Kmart Stores to Soon Close, Chain Still Struggling
Once-prominent retailer Sears declared bankruptcy about a year ago. Still, a new report from the Wall Street Journal revealed the firm is still struggling. It reported that about a fourth ...
October 13, 2019
Forever 21 Files for Bankruptcy, to Close Hundreds of Stores
Clothing store Forever 21 filed for bankruptcy and might close as many as 178 stores across the United States, ...
September 30, 2019
Why You Should Teach Your Kids About Finances
Teaching kids about finances can help them avoid debt, become more entrepreneurial, and to live a less stressful ...
September 27, 2019
Philadelphia Energy Solutions Files for Bankruptcy After Refinery Fire
Philadelphia Energy Solutions filed for Chapter 11 bankruptcy protection, the company said on Monday, July 22.
July 22, 2019
Chinese State Media’s Rare Correction Reveals Panic as China’s Banks Face Trouble
A Chinese state media outlet recently published a correction to its previous report about several small and mid-sized ...
June 4, 2019
Payless Files for Bankruptcy, Closing North American Stores
NEW YORK—Payless ShoeSource has filed for Chapter 11 bankruptcy protection and is shuttering its remaining stores in North ...
February 20, 2019
The Associated Press
Utility Bankruptcy Could Be Costly to Wildfire Victims
SAN FRANCISCO—Faced with potentially ruinous lawsuits over California's recent wildfires, Pacific Gas & Electric Corp. filed for bankruptcy ...
January 29, 2019
The Associated Press
Sears Chairman Prevails in Bankruptcy Auction for Retailer With $5.2 Billion Bid: Sources
NEW YORK—Sears Holdings Corp. Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain ...
January 17, 2019
On Brink of Demise, Sears to Reconsider Billionaire Chairman’s Bid
Sears Holdings Corp agreed on Jan. 8 to consider a revised takeover bid from billionaire Chairman Edward Lampert, ...
January 8, 2019
Sears Christmas Legacy Will Endure, Despite Looming Bankruptcy
Sears Santa Tracker started with Sears—America’s oldest national retailer—publishing the wrong phone number on a cute ad designed ...
November 26, 2018
Sears Chairman Lampert Seeks Partner for Bankruptcy Financing – Sources
Sears Holdings Corp. Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to ...
October 22, 2018
Bankruptcy of China Bohai Steel Threatens Chain Reaction in Industry, Finance
China Bohai Steel has begun to file for bankruptcy in a process that will affect 48 factories and ...
October 11, 2018
Chinese Regime Orders Underfunded City-Established Investment Companies to File for Bankruptcy
Financing platforms created by local governments in China should file for bankruptcy if they don't have the funds ...
September 24, 2018
Taking Stock After 10 Years: The Lehman Brothers Bankruptcy
Sept. 15 marks the 10th anniversary of the collapse of Lehman Brothers, which had unprecedented ramifications worldwide. Painful lessons have ...
September 13, 2018
Why the Market Lost Trust in Deutsche Bank
Why is the market so obsessed with Deutsche Bank? Yes, they will have to pay a billion-dollar fine ...
October 3, 2016
Gawker Files for Bankruptcy After Losing $140 Million Hulk Hogan Case
Gawker Media Group Inc., parent company of Gawker Media, has filed for Chapter 11 bankruptcy after an expensive ...
June 10, 2016
Peabody’s Bankruptcy Claim Is a Symbol of Coal’s End
The announcement that Peabody Energy, the world's largest non-government coal company, is to file for bankruptcy in the ...
April 17, 2016
50 Cent’s Cash Photos Posted on Instagram Prompts Judge to Call Him Back Into Court
50 Cent might be in trouble with the courts again. A bankruptcy judge called the rapper—born Curtis Jackson—back ...
February 20, 2016
One Taxi Driver’s Fight to Save His Medallion and His Family’s Future
Jaswinder Singh, a taxi medallion owner, has been sleeping four hours a night ever since his driver left ...
October 16, 2015
China’s Biggest Trouble Is Not Its Stock Market, but Serious Overcapacity
Xu Xiaonian, a well known economist in China, says that local political incentives still obstruct growth.
August 16, 2015
Greece’s Tsipras Stays Popular Despite Bailout Hardship
Under Alexis Tsipras, Greece slid back into recession, sank deeper into debt and found itself pushed to the ...
July 21, 2015
The Associated Press
Europe Scrambles to Pick up Pieces of Greek Talks Failure
Europe was scrambling Friday to pick up the pieces after another failed meeting over Greece's bailout
June 19, 2015
The Associated Press
Fate of Remaining $7.3 Billion of Nortel Assets Decided
The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada’s tech sector, will be split between ...
May 13, 2015
The Canadian Press
RadioShack’s Bankruptcy Deal Threatened by Top Creditor
RadioShack’s deal with the highest bidder of its bankruptcy auction is being challenged by the retailer’s top creditor.
March 26, 2015
Wet Seal Files for Bankruptcy in Effort to Stay Afloat
NEW YORK—The Wet Seal Inc. has filed for Chapter 11 bankruptcy protection in an effort to keep its ...
January 17, 2015
Caesars Unit Files Bankruptcy to Cut Debt, Faces Court Fight
LAS VEGAS—A cash-strapped division of casino giant Caesars Entertainment Corp. filed for bankruptcy protection Thursday in Chicago, hoping ...
January 15, 2015
What Are the Costs of Detroit’s Rise From Bankruptcy?
Earlier this month, we learned that the biggest municipal bankruptcy in history would also be among the swiftest.
November 20, 2014
Melissa B. Jacoby
More CNN Staff Rip Company Leadership Over Bias, Trump Coverage, Undercover Video Shows
Trump Confirms Energy Secretary Rick Perry’s Resignation
Mimi Nguyen Ly
Senate Fails to Override Trump Veto Over Funding for Border Wall
Juul Stops Sales of Fruit, Dessert Flavors of E-Cigarettes, as Number of Lung Illnesses Rise
Sen. Sasse Wants a Vote on Protecting Church Tax-Exemptions
Opioid Epidemic Cost US Economy $631 Billion Over 4 Years, Study Says
Paul Blocks Senate Vote on House-Passed Resolution Criticizing American Withdrawal From Syria