Newsroom Headlines

Arielle Charnas, a fashion influencer with more than one million Instagram followers, launched her clothing brand Something Navy in 2020 with about $10 million from investors. Now, after unraveling

New York City’s public transit system carries two formidable debts. The first is the traditional kind of financial liability that shows up on a balance sheet — some $47 billion, or more than what most

Creditors of distressed Brazilian retailer Americanas SA approved a restructuring plan to overhaul 50 billion reais ($10.3 billion) of debt in a key step to applying a recovery plan nearly a year

The Consumer Financial Protection Bureau (CFPB) and the Justice Department yesterday sued Colony Ridge, a Texas-based developer and lender, for operating an illegal land sales scheme and targeting

The "National Guard and Reservists Debt Relief Extension Act of 2023" (H.R. 3315) was signed into law yesterday by President Biden after passing the Senate on Monday and the House of Representatives

Bankrupt pharmacy chain Rite Aid Corp. agreed to begin court-supervised mediation with lower ranking creditors, including groups that blame the company for contributing to America’s opioid addiction

Bankrupt crypto exchange FTX Trading on Tuesday announced a settlement with liquidators for FTX's Bahamas unit, resolving a long-simmering dispute over whether the company's U.S. bankruptcy

Digital Currency Group (DCG) can’t make any ownership changes with Genesis until the former exits bankruptcy, a judge ruled on Monday, Blockworks.co reported. The ruling leaves Genesis protected under

Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, has filed for chapter 11 bankruptcy protection in Southern Florida, Bloomberg News reported. The Miami, Fla

Final payments from a trust funded by utility PG&E to compensate victims of wildfires caused by its power lines will soon be distributed, but none will make the victims whole for their losses, the