Newsroom Headlines

Monster Beverage Corp. won bankruptcy court approval to acquire former rival Bang Energy out of chapter 11 for $362 million and settle litigation between the energy drink companies, Bloomberg News

Teen clothing chain rue21 Inc. is working with AlixPartners LLP for operational help as the company racks up earnings losses, Bloomberg News reported. Year-to-date, the retailer has posted negative

U.S. prosecutors and IRS agents are deploying undercover agents and closely examining records to build criminal and civil cases against wealthy individuals suspected of illegally taking advantage of

After 127 years in San Francisco, Anchor Brewing Co. has brewed its last batch of beer. The historic San Francisco brewery had already announced last month that it would end production of its

Money-market funds are getting their biggest rules overhaul in years after Wall Street’s top regulator finalized a plan to stem rapid outflows during times of financial stress, Bloomberg News reported

A marketing firm in Raleigh, N.C., has filed for chapter 11 protection — a circumstance its attorney blames on rising wages, the Triangle Business Journal reported. Direct Marketing Group, which also

U.S. prosecutors on Wednesday unveiled an indictment charging a second former executive of college financial aid startup Frank with defrauding JPMorgan Chase into buying the company for $175 million

American banks are losing interest, consumer advocates say, in writing mortgages for inexpensive homes, The Hill reported. Their exodus from the small-mortgage market leaves a patchwork of risky

Lawyers for a California man who says he developed a rare cancer from exposure to asbestos in Johnson & Johnson's talc-based baby powder on Monday urged a jury to order the company to pay heavy

Shareholders are suing Mallinckrodt, alleging the struggling pharmaceutical company made false and misleading statements about its financial health that resulted in investor losses, the Wall Street