Newsroom Headlines

Shareholders of Western Global Airlines (WGA) have requested the U.S. Bankruptcy Court in Delaware to dismiss or reduce to zero, claims arising from a class action suit claiming prohibited financial

The restart of student loan payments may already be straining borrowers. The Census Bureau found that 41.2% of adults reported difficulties paying household expenses in its latest household pulse

Mutual funds that purchased $280 million of municipal debt to finance a 320-acre youth-sports complex near Phoenix would be virtually wiped out under a preliminary deal struck in the bankruptcy case

The United Auto Workers union is close to securing a new tentative labor contract with Ford Motor, after intense bargaining overnight and into the day Wednesday, the Wall Street Journal reported. The

Glen Point Capital co-founder Neil Phillips was convicted of manipulating the foreign-exchange market to hit a “barrier” rate and trigger a $20 million option, Bloomberg News reported. The former

The U.S. Securities and Exchange Commission (SEC) levied $5 billion through enforcement actions and barred more than 100 individuals from serving as company directors and officers in fiscal 2023, the

The U.S. Federal Reserve is set to propose slashing the amount of fees banks can charge merchants for processing debit card transactions by nearly a third, setting up a pitched battle between the two

The Buffalo (N.Y.) Diocese is offering up to $100 million to settle child sex abuse claims in its federal bankruptcy case, the Buffalo News reported. As much as half of that would come from parishes

BlockFi emerged from bankruptcy on Tuesday, nearly 11 months after it was swept away by the turbulence in the cryptocurrency industry following the collapse of FTX, Reuters reported. In its bankruptcy

Crypto lender Genesis Global said yesterday that a New York civil fraud lawsuit could lead to a bankruptcy liquidation that does not resolve its claims against parent company Digital Currency Group