Newsroom Headlines

The collapse of crypto exchange FTX wiped out millions of its customers’ crypto holdings and turned its billionaire founder into a pariah now facing criminal fraud charges in New York, the Wall Street

PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under a settlement proposal issued by state regulators, Bloomberg News reported

A U.S. bankruptcy court judge granted SAS AB’s request to speed the process of paying $3 million to advisers of the Scandinavian airline’s investor group, keeping its restructuring on track over

Deutsche Bank AG squared off against the U.S. parent company of Lehman Brothers in a London court this week, hoping to squeeze more money from obscure notes issued by the long-dead bank’s U.K. arm

Montgomery Realty Group, the developer behind a planned 18-story hotel in San Francisco, has filed for chapter 7 bankruptcy, The Real Deal reported. The petition comes just a day before a scheduled

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court yesterday alleging that Freedom Mortgage Corp. submitted legally required mortgage loan data that was riddled with

Wall Street's top regulator on Tuesday said it has tightened the timeline for investors to disclose 5% ownership stakes in companies they intend to control, shortening the allowed window from 10

Business bankruptcies are rising briskly. What’s even more worrisome: Many of the troubled companies are large, according to a Wall Street Journal analysis. Corporate behemoths including SVB Financial

The sale of failed trucker Yellow’s real estate is turning into a battle for a competitive edge in a corner of the trucking industry that forms a crucial part of the U.S. economy, the Wall Street

Platinum Equity is nearing an agreement to put an extra $100 million into Petmate to help its portfolio company avert a default, WSJ Pro Bankruptcy reported. Platinum, the Beverly Hills, Calif.-based