Newsroom Headlines

Bankrupt electric vehicle manufacturer Lordstown Motors Corp. agreed to pay $25.5 million to settle US Securities and Exchange Commission allegations that the firm exaggerated the demand for its

WeWork’s official junior creditors committee is seeking court approval to sue SoftBank, the co-working space provider’s biggest equity holder, alleging the Japanese conglomerate used WeWork’s

Terraform Labs Pte. transferred nearly $122 million to its lawyers just before it filed for bankruptcy and used some of the money to cover legal expenses for criminally charged co-founder Do Kwon

A small North Texas custom homebuilder is trying to recover from runaway costs during the Covid-19 pandemic and a judgment of more than half a million dollars that it's struggling to pay, the Dallas

Madison’s Karben4 Brewing has filed for bankruptcy, but the filing won’t result in the closure of the business or employee layoffs or loss of pay, the brewery’s attorney said on Wednesday, the

New York Community Bank, the lender teetering under mounting real-estate-related losses, shared several pieces of fresh bad news on Thursday: Its fourth-quarter losses were $2.4 billion worse than it

Binance Holdings Ltd., the world’s largest cryptocurrency exchange, said it has recovered $4.4 billion worth of digital assets for its users who mishandled their deposits in the past two years

U.S. prices accelerated in January amid a surge in the costs of services like housing and finance, but the annual increase in inflation was the smallest in three years, keeping a mid-year interest

Bankrupt Brazilian airline Gol received U.S. court approval on Wednesday for a $1 billion loan, after resolving the concerns of a group of lenders that feared they would be sidelined by the new loan

Essence Magazine’s parent company is in talks to acquire Vice Media’s women’s lifestyle site Refinery29, the Wall Street Journal reported. The price being discussed couldn’t be learned but Essence