Newsroom Headlines

U.S. House Speaker Kevin McCarthy (R-Calif.) yesterday rejected a stopgap funding bill advancing in the Senate, increasing the chances of a fourth partial shutdown of the U.S. government in a decade

The United Automobile Workers union said yesterday that it planned to expand its strike against the big three Michigan automakers on Friday if negotiators failed to make substantial progress on new

Failed crypto lender BlockFi Inc. won bankruptcy court approval on its plan for shutting down its business, a milestone that could result in customers getting back a portion of what they’re owed by

In U.S. prosecutors' telling, Sam Bankman-Fried embezzled money from depositors in his FTX cryptocurrency exchange ever since he launched it in 2019, and the resulting shortfall led directly to its

Scandinavia’s biggest airline SAS AB has received a final round of bids from potential suitors looking to invest in the carrier as part of a rescue plan to shore up its ailing finances, Reuters

Many companies borrowed at ultralow rates during the pandemic through so-called leveraged loans. Often used to fund private-equity buyouts — or by companies with low credit ratings — this debt has

A telehealth firm based in Charlotte has filed for chapter 11 protection, according to records at the U.S. Bankruptcy Court for the Western District of North Carolina, the Charlotte Business Journal

A national real estate brokerage filed bankruptcy in Florida Southern District Court to restructure nearly $60 million in debt following a slew of state lawsuits over its marketing practices, the

Hartman SPE, LLC, a Houston-based office, retail and industrial real estate firm, filed chapter 11 protection, RealtyNewsReport.com reported. Silver Star Properties REIT is a transitioning company

Soft Surroundings, the Creve Coeur-based retailer, has notified 181 headquarters employees that some will definitely lose their jobs while others might still keep their employment under a new owner