Newsroom Headlines

The highest of two bids for the 800-acre plus Aspen Valley Ranch, which was advertised for $220 million in May 2020, came in at $28.5 million during a privately conducted virtual auction on Wednesday

The New York Stock Exchange has informed Philadelphia-based Rite Aid Corp., which for weeks has been the subject of bankruptcy rumors, that the company is no longer in compliance with its listing

Long Beach officials are resigned to never getting back millions of dollars that were supposed to go toward fixing up the Queen Mary, the Long Beach Post reported. As of last week, the city has

Bankruptcy Judge Cecelia G. Morris of the Southern District of New York will retire on Jan. 31, 2024, Bloomberg Law reported. In addition to presiding over many notable chapter 11 cases, Judge Morris

The Internal Revenue Service has labeled promoters of a popular pandemic-era tax credit as unscrupulous scammers. The agency’s task ahead: Turning that tough talk into victories in court, the Wall

Drug maker Mallinckrodt Plc made its final push Wednesday for a new debt-reduction plan that gives victims of America’s opioid epidemic about $1 billion less than they were promised the last time the

Rep. Ayanna Pressley (D-Mass.) emphasized the disproportionate impact of student loans on Black borrowers during her latest call for debt cancellation, YahooFinance.com reported. "The student debt

Months before the collapse of FTX, some of its U.S.-based employees discovered the so-called backdoor that Alameda Research allegedly used to withdraw billions of dollars of customer funds from the

Wine drinkers who bought from online marketplace Underground Cellar before its collapse are squaring off with its top lender for the rights to more than 500,000 bottles of red, white and rosé in

Federal housing authorities persuaded Texas Capital Bancshares Inc. to help with the fallout from a bankrupt reverse-mortgage provider, then went back on their promises of financial support, the