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Telecommunications company Avaya Inc. filed for chapter 11 protection yesterday to reduce its debt load of about $6.3 billion but said that it would...
A U.S. bankruptcy judge yesterday denied a request by Peabody Energy Corp. shareholders to order the appointment of an official equity committee in...
Puerto Rico's federal oversight board said on Wednesday that it was willing to extend key deadlines that would give the debt-laden U.S. territory...
The Consumer Financial Protection Bureau (CFPB) accused Minnesota-based TCF National Bank of tricking thousands of customers into accepting overdraft...
A federal appeals court rejected former Sentinel Management Group Inc. chief Eric Bloom's bid to void his conviction and 14-year prison sentence...
Money transfer giant Western Union has agreed to pay $586 million in connection with its failure to prevent criminals from moving ill-gotten money...
Democrats are rolling out a new strategy to defend a controversial Obama administration rule shaking up the retirement savings industry, asking big...
Steven Mnuchin, President-elect Donald Trump’s pick for treasury secretary, said yesterday that he supports the Volcker Rule, but suggested...
Navient Corp., the largest servicer of student loans in the U.S., was sued by a U.S. regulator over allegations that the company “...
Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed...