Newsroom Headlines
Adam Neumann, the former chief executive and co-founder of WeWork, is trying to regain control of the bankrupt co-working company less than five years after the board forced him out, WSJ Pro
Rudy Giuliani, the bankrupt former New York City mayor, owes more than $1 million in unpaid taxes, according to a Monday bankruptcy court filing, WSJ Pro Bankruptcy reported. Giuliani owes over $720
Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported yesterday, CNBC.com reported. Debt that has transitioned
The U.S. securities regulator on Tuesday adopted a rule requiring proprietary traders and other firms that routinely deal in U.S. government bonds and other securities to register as broker-dealers
New York Community Bancorp was sued on Tuesday by shareholders in a proposed class action after the lender posted unexpected commercial real estate loan losses and slashed its dividend, causing its
U.S. Treasury Secretary Janet Yellen on Tuesday said she is concerned about looming commercial real estate stresses on banks and property owners, but believes the situation is manageable with
Supply chain pressures rose but remained quite low at the start of the year suggesting shipping disruptions tied to trouble in the Middle East have yet to manifest themselves in generalized
A former New York executive facing lawsuits over the collapse of real estate empire HFZ Capital Group has been arrested in Miami, charged with grand larceny and tax fraud, Bloomberg News reported. Nir
WeWork may be forced to take on a new bankruptcy loan to make up for slower-than-expected progress on rent negotiations, an attorney for the shared office space provider said yesterday, Reuters
Invitae, a medical genetics company that received backing from SoftBank Group at the height of the pandemic has hired restructuring advisers and is preparing to file for bankruptcy within weeks, WSJ