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Sears Holdings Corp.  Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid...
A duo of bankruptcy judges jointly ordered a long-brewing feud over McKinsey...
U.S. discount retailer Payless ShoeSource Inc. has hired an adviser to help evaluate strategic alternatives, including a sale or restructuring, less...
Puerto Rico general obligation bond prices tumbled yesterday after the island’s federally appointed oversight board put the squeeze on...
Bondholders are suing Spanish language broadcaster LBI Media Inc. accusing the company and its leaders of improper dealings as it tried to dig out of...
PG&E Corp. bonds and shares plummeted after the California power company failed to make a $21.6 million interest payment due yesterday on its...
The federal judiciary now estimates it has enough funds to sustain paid operations through Jan. 25, knocking back the deadline it expects to run out...
The partial government shutdown is inflicting far greater damage on the U.S. economy than previously estimated, the White House acknowledged...
One of the Federal Reserve’s most consistent supporters of raising interest rates said the central bank could refrain from more increases for the...
Puerto Rico’s federally appointed fiscal oversight board announced yesterday that it will seek to invalidate in federal court more than $6...