California Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric's blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation.
By Michael Liedtke, Associated Press
The Massachusetts senator on Tuesday unveiled a plan she said would make the process of declaring bankruptcy easier and cheaper for many Americans with debts they can’t pay. It also would largely undo a 2005 law that was backed by…
By Will Weissert, Associated Press
Former Murray Energy CEO Robert Murray said the move was necessary to access liquidity and best position the company for long-term success.
By Cathy Bussewitz, John Raby, Associated Press
Three advantages physical stores still have over their online-only rivals.
By Anthony Dukes, The Conversation
By Geoff Mulvihill, Associated Press
Some states have made it clear they intend to continue their lawsuits against members of the Sackler family in state courts.
By Associated Press
The bankruptcy filing will wipe out more than $400 million of the company's long-term debt.
The once formidable retail giant Sears files for bankruptcy protection. The company, which also owns Kmart, will continue to operate as executives try to reverse a downward spiral exacerbated by e-commerce. John Yang examines the company’s storied legacy and tumultuous…
By Anne D'Innocenzio, Associated Press
The question now is whether a smaller version of the company that once towered over the American retail landscape can remain viable or whether the iconic brand will be forced out of business.
By John O'Connor and Sophia Tareen, Associated Press
The Illinois House voted to override Gov. Bruce Rauner's vetoes of a budget package, giving the state its first spending blueprint in more than two years and ending the nation's longest fiscal stalemate since at least the Great Depression.
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