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Exploring Evergrande’s financial failures and why China’s government is stepping in
"Too big to fail" was a phrase used during the global financial crisis for large companies so over-extended that their collapse could cripple global finance. China is now trying to take a too-big company with too much debt, and manage…
Boy Scouts get conditional approval of $850 million bankruptcy deal
A Delaware judge has ruled that the Boy Scouts of American can enter into a pivotal $850 million agreement that the organization hopes to use as a springboard to emerging from bankruptcy later this year, but rejected two key provisions…
Judge set to begin key hearing in Boy Scouts bankruptcy case
The Boy Scouts of America is asking a Delaware bankruptcy judge to approve an $850 million agreement that is key to the group's proposed reorganization plan.
Boy Scouts of America reaches $850 million agreement with victims
The Boy Scouts of America have reached an $850 million agreement with attorneys representing some 60,000 victims of child sex abuse in what could prove to be a pivotal moment in the organization's bankruptcy case.
The surge of high-profile mass shootings in the U.S. are increasing calls for stronger action on gun violence, access to weapons and its limitations. When discussing gun control, people often point to the long reach and influence of the NRA,…
The announcement Friday comes months after New York's attorney general sued the NRA over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips.
A U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders.
The Weinstein Co. sought bankruptcy protection in 2018 amid a sexual misconduct scandal that triggered a nationwide movement to address predatory sexual behavior and harassment. A New York jury convicted Weinstein in February of rape and sexual assault.
With sales tax revenues plummeting because of the pandemic, many cities will face bankruptcy – and that could affect everything from retirees' pensions to whether roads get fixed.
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