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Corporate America Is Testing the Limits of Its Pricing Power

Big companies that had previously pushed through one standard price increase per year are now raising prices more frequently, the New York Times reported. Retailers increasingly use digital price

U.S. Flags Early 2024 for New Rule Targeting Real Estate Money Laundering

The U.S. Treasury Department on Monday said its Financial Crimes Enforcement Network (FinCEN) unit is planning to propose a long-awaited rule aimed at curbing money laundering in real estate in early

SEC Probes Investment Advisers’ Use of AI

The Securities and Exchange Commission is asking investment advisers how they use and oversee artificial intelligence, as agency head Gary Gensler continues to express skepticism about the technology

Occidental’s $10.8 Billion Takeover Is a High-Stakes Debt Wager

The $10 billion of debt lined up for Occidental Petroleum Corp.’s takeover of Texas shale driller CrownRock LP is sizing up to be one of the largest bridge financing deals of the year — and a crucial

SmileDirectClub to Liquidate After Last-Ditch Sale Effort Fails

A potential deal to keep SmileDirectClub Inc. afloat has broken down and the once high-flying tooth straightening startup is shutting down, Bloomberg News reported. The publicly traded company, which

Judge Blocks Creditors’ Effort to Move Barretts Minerals Bankruptcy Out of Texas

The push by creditors of Barretts Minerals to move the talc supplier’s chapter 11 case out of the U.S. Bankruptcy Court in Houston was blocked by presiding judge Marvin Isgur, according to a court

Bishop: Diocese of Sacramento to Seek Bankruptcy Protection After More Than 250 Lawsuits Claim Sexual Abuse

The Diocese of Sacramento will seek chapter 11 bankruptcy protection after more than 250 lawsuits claiming sexual abuse by clergy and other staff, Bishop Jaime Soto said on Saturday, CBSNews.com

Data Firm Near Intelligence Files for Bankruptcy Months After Going Public Via SPAC

Near Intelligence Inc., a publicly traded software firm that provides data insights to major companies including Wendy’s Co. and Ford Motor Co., filed for bankruptcy on Friday with plans to sell

Student Loans: Key Deadline Looms for Certain Student Loan Borrowers

A crucial deadline is coming up for borrowers with commercially held federal loans and those who were in delinquent status before the pandemic payment pause. Borrowers with commercially held federal

Mall Owner PREIT on Verge of Another Bankruptcy, with More Than $1B Debt

Three years after entering and exiting chapter 11 bankruptcy protection, the Pennsylvania Real Estate Investment Trust may have to do it all over again, The Real Deal reported. The biggest storm cloud