Newsroom Headlines

Researchers at the Federal Reserve Bank of New York are predicting that student loan repayments won't pose a huge headwind for the economy based on a small survey of borrowers, YahooFinance.com

The Boy Scouts of America has received a U.S. bankruptcy judge's approval to pay about $245 million in fees to lawyers and financial advisers who crafted the youth organization's $2.46 billion

Gemini Trust Co. and Barry Silbert’s Digital Currency Group were sued by New York’s top law-enforcement officer for allegedly defrauding customers of $1.1 billion, escalating legal woes for two

Home-decor retailer Z Gallerie is searching for a buyer after it filed bankruptcy for the third time on Monday, Bloomberg News reported. The California-based firm, which sells upscale furniture pieces

Dabur India said on Wednesday its subsidiaries were among companies sued in the U.S. and Canada by customers alleging that the use of hair relaxer products had caused ovarian cancer, uterine cancer

Ultimate Jet, the charter airline based at Ohio’s Akron-Canton Airport, is expected to continue operating as usual while its management financially restructures the company under chapter 11 bankruptcy

A number of U.S. banks saw continued pain in the third quarter on delinquent commercial real estate (CRE) loans in their portfolios, as stress in the sector persists, Reuters reported. Building owners

Wall Street's top regulator proposed new regulations yesterday that it said should level the playing field among broker-dealers operating on U.S. stock exchanges by ending pricing schemes that tend to

Johnson & Johnson is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer, the

Rite Aid Corp. resolved a fight with its largest supplier of prescription drugs, McKesson Corp., that the retailer said threatened its ability to continue providing customers with life saving