Newsroom Headlines

The U.S. Supreme Court declined to hear a case over whether a bankruptcy judge can certify a nationwide class of individuals who allege Citigroup Inc. willfully violated their bankruptcy discharges

Private U.S. companies are seeing their earnings and profit margins collapse after the Federal Reserve’s rate hikes have lifted financing costs, and are increasingly going broke, according to a new

Lumen Technologies is in talks with its bank lenders to win support for a debt deal that would push out the telecommunications network operator’s maturities on billions of dollars in debt and raise

The presiding judge in the ongoing bankruptcy case of Reverse Mortgage Funding (RMF) has approved a stipulation that would resolve an administrative claim made against the company’s estate by reverse

Johnson & Johnson has tentatively agreed to pay about $700 million to resolve an investigation by more than 40 U.S. states into claims that it wrongfully marketed its talc-based baby powder by not

Detroit-based builder MiG Construction filed for bankruptcy last month, according to a court filing in U.S. Bankruptcy Court for the Eastern District of Michigan, following legal disputes at a $30

U.S. consumers' projection of inflation over the short run fell to the lowest level in nearly three years in December, the New York Federal Reserve said in a report on Monday, Reuters reported

The Biden administration will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent contractors rather than employees that typically

Audacy filed for bankruptcy Sunday, succumbing to a steep decline in radio advertising, WSJ Pro Bankruptcy reported. The Philadelphia-based broadcaster filed a chapter 11 petition in the U.S

Education Secretary Miguel Cardona urged patience as the administration tackles its next steps on student-loan debt relief, a signature initiative of President Joe Biden’s, saying officials were