Newsroom Headlines
The United Auto Workers union for the first time ever went on strike at all three Detroit car companies, with workers hitting the picket lines shortly after midnight Friday in targeted work stoppages
American Eagle is suing the owner of a prominent downtown San Francisco shopping center for allegedly failing to address safety and security concerns, claiming that it has “let the mall deteriorate
In March, master distiller Les Beasley's company filed for chapter 11 bankruptcy — one of many commercial business failures in a year that’s seen an 18% surge in filings, the Dallas Morning News
A bipartisan coalition of senators behind a cannabis banking bill is pushing for a markup and working to clear key hurdles on both sides of the aisle to lock down support, The Hill reported. As
U.S. Auto Sales Inc., a car dealer that catered to consumers regardless of their credit history, quietly filed for bankruptcy late last month as more Americans fall behind on their car payments
The Senate Judiciary Committee has scheduled a hearing for Tuesday at 10 a.m. ET titled, "Evading Accountability: Corporate Manipulation of Chapter 11 Bankruptcy." Details about the hearing are
There were 634 commercial chapter 11 filings in August, a 54% leap from 411 such filings in August 2022, according to Epiq Bankruptcy, a provider of U.S. bankruptcy filing information, which released
U.S. appeals court judges questioned a 2-1/2-year pause in a shareholder lawsuit against PG&E Corp officers and directors on Wednesday, suggesting that they could allow the case over statements about
FTX received court approval to sell over $3 billion worth of cryptocurrency that has been frozen since the exchange’s collapse, a move that would help repay its customers and reduce its exposure to
Digital Currency Group, parent company of bankrupt crypto lender Genesis Global, said users of Gemini Trust’s Earn program can expect 95% to 110% recovery of their claims against Genesis under a