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Analysis: Even a Booming Economy Can’t Save Atlanta’s Office Market

Atlanta has been one of the Sunbelt’s biggest boomtowns, where the population and job market are growing fast. But you would never know that from its slumping office market, the Wall Street Journal

Rite Aid Plans to Shut Down Hundreds of Stores in Bankruptcy

Rite Aid is negotiating with creditors over the terms of a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, WSJ Pro Bankruptcy reported. Rite Aid

Company Accused of Scamming Homeowners Files for Bankruptcy

The company that has been sued by various states for alleged deceptive business practices surrounding 40-listing agreements, has filed for chapter 11 bankruptcy protection in 33 states, the Real Deal

Evergrande Scraps $35 Billion Restructuring Plan as China’s Housing Crisis Intensifies

The steepening downturn in China’s real-estate markets has led China Evergrande to scrap a $35 billion debt-restructuring plan designed to ensure the property developer’s survival, a sign that China’s

FTX CEO’s Asset Recovery Efforts Accelerate Before Sam Bankman-Fried Trial

FTX Chief Executive and Restructuring Officer John J. Ray, whose team is overseeing a mammoth asset recovery task after the crypto exchange’s collapse, is accelerating efforts to recoup billion of

Commentary: Don’t Throw the Blockchain Out With the Bathwater*

The government has ramped up its regulatory war against blockchain-related businesses and applications, spurred by the economic and political fallout from the implosion of crypto exchange FTX in

Corzine Plans to Shut Hedge Fund and Return Capital to Investors

Jon Corzine will shutter the hedge fund he started after the collapse of MF Global Holdings, marking the end of his bid to rebound from one of the largest bankruptcies in U.S. history, Bloomberg News

Union Deal With Ford Could Put Pressure on Other 2 Detroit Automakers

The Detroit automakers and the United Automobile Workers continued to negotiate on Saturday, company representatives said, a day after the union expanded strikes in a way that could curtail the supply

Railroads to Receive $1.4 Billion for Fixes and Upgrades

Dozens of aging U.S. rail bridges and tracks have been chosen to receive $1.4 billion in federal grants for repairs and upgrades, with businesses and rail commuters expected to benefit from these

Medical Staffing Co. Says "Surprise Billing" Ban Hastened Bankruptcy

American Physician Partners, which until recently provided outsourced emergency room services to 150 U.S. hospitals, said Thursday that a ban on so-called "surprise" medical bills hastened the company