FTX Trading Ltd. and its affiliated debtors have announced that their chapter 11 reorganization plan will go into effect on January 3, 2025, Investing.com reported. This development sets the stage for
A U.S. judge overseeing an auction of shares in the parent of Venezuela-owned Citgo Petroleum on Monday agreed to reopen a data room to allow potential buyers to prepare new bids, a court document
The Consumer Financial Protection Bureau (CFPB) yesterday released a special edition of its Supervisory Highlights describing a range of unlawful activities identified by CFPB examiners across student
U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries that higher tariffs would raise prices
Activity at U.S. service providers is expanding at the fastest pace since October 2021, providing momentum for the economy even as the downturn in manufacturing worsens, Bloomberg News reported. The S
The Consumer Financial Protection Bureau (CFPB) has a word of advice to fans: Don’t place your wagers using a credit card, YahooFinance.com reported. Credit card companies that allow sports gambling
The Biden administration will provide a record $15 billion low-interest loan commitment to California utility company to support hundreds of projects aimed at fighting the effects of climate change
In 2017, the drug industry middleman Express Scripts announced that it was taking decisive steps to curb abuse of the prescription painkillers that had fueled America’s overdose crisis. The company
McKinsey said it agreed to accept responsibility for its role in helping Purdue Pharma turbocharge sales of its OxyContin opioid painkiller as the consulting firm entered into a $650 million
Party City is considering filing for bankruptcy and closing all of its stores just over a year after exiting a prior chapter 11, WSJ Pro Bankruptcy reported. After slashing more $1 billion in debt
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