Newsroom Headlines

Deposit withdrawals from U.S. banks following the collapse of Silicon Valley Bank were concentrated in around 30 "super-regional" institutions in the $50 billion to $250 billion range, similar to SVB

Revlon Group Holdings emerged from bankruptcy last week with $2.7 billion less debt to worry about, but a balance-sheet makeover alone won’t help the company reclaim its place in an industry it shaped

Foxconn Technology Group will be able to make good use of its electric-vehicle factory in Lordstown, Ohio, no matter how its dispute with Lordstown Motors Corp. is resolved, Chairman Young Liu said

A Garner company linked to the founder of a defunct charter school in Raleigh, N.C., has filed for bankruptcy protection, the Triangle Business Journal reported. The company, called S.O.D Holdings

HSBC Securities Inc. and Scotia Capital have agreed to pay $15 million and $7.5 million, respectively, to settle charges of widespread recordkeeping failures, the U.S. Securities and Exchange

Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares to discuss the SAFE Banking Act, a crucial legislation that would make it easier for the cannabis

In October 2020, Akorn Operating Company LLC announced its emergence from chapter 11 bankruptcy as the beginning of “an exciting new chapter.” Less than three years later, the generic U.S. drugmaker

Vyera Pharmaceuticals, the company that Martin Shkreli founded and used to conduct a securities fraud that landed him in prison, filed for bankruptcy yesterday, the Wall Street Journal reported. Vyera

Monitronics International Inc. announced on Tuesday that it has entered into a restructuring support agreement that would reduce the home security and alarm monitoring company’s debt by about $500

A judge voided the Phoenix Suns’ recently announced deal to change its local television broadcaster, ruling that the agreement violated the rights of its current broadcast partner: the bankrupt owner