Newsroom Headlines

Pennsylvania Real Estate Investment Trust, which owns Francis Scott Key Mall in Frederick, Md., filed a chapter 11 bankruptcy petition this month and put forth a reorganization plan to decrease its

Pending U.S. home sales were unchanged in November, data released Thursday showed, signaling that traffic from prospective buyers is slow to recover despite interest rates easing on the most common

Each year, about half a million people pass through Chicago’s Greyhound bus station, at all hours. There is a climate-controlled waiting area with bathrooms, security guards and a snack bar, and about

U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed, ABC News reported. The Seattle-based company said in

The Yellow trucking company bankruptcy is widely known, but it isn’t the only carrier that has closed its doors recently, and it won’t be the last, CCJ reported. Industry bankruptcy experts say

The Roman Catholic Diocese of Sacramento will seek chapter 11 bankruptcy protection next year, Bishop Jaime Soto announced on Dec. 9, as it faces hundreds of lawsuits alleging child sexual abuse by

Bankruptcy Judge Paul Warren has postponed his consideration of whether ballots on plan and disclosure statements might be ready to be mailed to abuse survivors in the Roman Catholic Diocese of

Companies weighed down with too much debt may be able to avoid bankruptcy in 2024, thanks to an easing in monetary policy the Federal Reserve is expected to unroll in coming months, the Wall Street

Bitcoin recovered amid renewed speculation that the U.S. securities regulator is getting close to approving an exchange-traded fund investing directly in the biggest token, Bloomberg reported. Bitcoin

The failure to anticipate how quickly the Fed would raise interest rates has upended banks big and small this year. Three bigger ones collapsed this spring, but it is community banks that have been in