Newsroom Headlines

General Motors Co. said a historic strike by the United Auto Workers has already cost $200 million in the first two weeks, prompting the company to secure credit as it braces for more losses

The United Auto Workers strike against Detroit’s Big Three automakers is rapidly rippling outward to roil companies and workers far beyond the picket lines, the Washington Post reported. The strike to

Companies can face more lenient treatment if they report to prosecutors potential criminal misconduct uncovered during the merger and acquisition process, a senior official at the Justice Department

The 4,553 total commercial chapter 11 bankruptcies filed during the first nine months of 2023 represented a 61 percent increase over the 2,837 filed during the same period in 2022, according to data

A federal judge rejected pleas by opponents of the Boy Scouts of America’s bankruptcy reorganization to block distributions from the $2.4 billion settlement fund for sex-abuse victims created in the

Prison healthcare provider YesCare and its backers reached a $37 million settlement of legal and financial liability it moved into bankruptcy court through an emerging corporate restructuring tactic

A New Jersey appeals court on Tuesday threw out a $223.8 million verdict against Johnson & Johnson that a jury had awarded to four plaintiffs who claimed they developed cancer from being exposed to

The Biden administration announced today that it is forgiving another $9 billion in student loans for borrowers who have been on an income-driven repayment (IDR) and Public Service Loan Forgiveness

As Sam Bankman-Fried goes on trial for the crypto world’s biggest alleged fraud, liquidity in the digital asset market is still only half of what it was before his FTX trading platform collapsed

Celsius Network LLC customers whose assets have been trapped on the failed crypto lender’s platform questioned the firm’s acting chief executive officer about fluctuations in the company’s native