Newsroom Headlines

A group of Boy Scouts' insurers on Friday asked a judge to delay the youth group's exit from bankruptcy to allow them more time to appeal a record-setting $2.46 billion settlement of sexual abuse

Warning signs of a potential credit crunch were flashing even before Silicon Valley Bank's stunning collapse, as this year sees record high bankruptcy filings by small- to mid-sized private businesses

Cogentrix Lincoln Holdings LLC, an Illinois natural gas plant business owned by Carlyle Group Inc., filed for bankruptcy protection on Friday to get relief from a wholesaler demanding penalties, the

Consumer Financial Protection Bureau Director Rohit Chopra said Friday he's open to raising the limit on deposit insurance and suggested community banks could be exempt from having to pay for the

A Johnson & Johnson company cannot delay a court order dismissing its bankruptcy, a U.S. court said on Friday, despite the company's planned Supreme Court appeal to use bankruptcy to resolve tens of

Cineworld Group Plc is planning to raise $2.26 billion, according to a court filing on Sunday, as the theater chain aims to emerge from chapter 11 bankruptcy in the first half of 2023, Reuters

The trustee for bankrupt United Furniture Industries Inc. is opposing WARN Act lawsuits that seek 60 days of pay and benefits for 530 Triad employees and about 2,700 companywide, the Winston-Salem (N

Boxed Inc. filed for chapter 11 bankruptcy protection and was pursuing sale of its software business, the e-commerce grocery platform said on Sunday, adding that it will also wind down its retail

Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a fundraising deal with hedge fund Hudson Bay Capital Management LP in the

President Biden on Thursday called on federal regulators to consider imposing stronger safeguards on the banking industry in the wake of the failure of Silicon Valley Bank, in part by reversing Trump