Newsroom Headlines

Just days after a major Bay Area Catholic diocese filed for bankruptcy in the face of hundreds of potential sex abuse lawsuits, the Diocese of Oakland announced that it is seriously considering doing

McDonald’s Corp. has temporarily closed its U.S. offices and has started informing corporate employees about layoffs being made by the burger giant as part of a broader company restructuring, The Wall

U.S. manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline further due to tighter credit conditions, Reuters

As Bang Energy goes on the auction block via bankruptcy proceedings, Monster Beverage is the most likely buyer, according to investment banking company Stifel, CSP Daily News reported. Stifel analysts

Sinclair Broadcast Group plans to reorganize its business and change its name to Sinclair Inc., the Hunt Valley-based television station owner said and The Baltimore Sun reported. A newly created

The U.S. Government's case against Binance.US’s proposed acquisition of bankrupt crypto lender Voyager Digital gained further strength as a judge ordered the firms to halt their merger, pending a

WeWork Inc. said it is offering to swap two sets of bonds worth about $1.2 billion for new debt and stock as part of a sweeping restructuring effort, Bloomberg reported. The company is seeking to

A federal judge in Texas has struck down a crucial Affordable Care Act policy: the mandate that private health insurers fully cover preventive care services at no cost to patients, the New York Times

Bed Bath & Beyond Inc.’s shares dropped another 28% Friday to below 43 cents, continuing a slide triggered by the news a day ago that the troubled retailer has pivoted to a last-ditch stock-sale

Bed Bath & Beyond Inc. was sued on Friday by Mark Tritton, who was ousted last June as chief executive of the troubled home goods retailer, in a complaint accusing the company of failing to honor his