The ripple effects of PG&E’s bankruptcy may hit billions of dollars in outstanding supplier contracts as renegotiations loom. Elsewhere, Saudi Arabia is spotlighted amid late payments...
David Simon, CEO of Simon Property Group, one of the biggest mall owners in the United States, said he’s concerned there could be more retail...
A deal that would save Sears is facing obstacles, as the U.S. government and major mall owners are trying to block the bid from Sears’ chairman,...
British restaurants hit a milestone in 2018 — the number of insolvent ones hit an all-time high, and has even doubled since 2010, according to...
Pacific Gas and Electric (PG&E) has filed for bankruptcy protection in anticipation of billions of dollars in expected liabilities resulting from deadly California wildfires, and...
Francesco Firano, founder of cryptocurrency exchange BitGrail, has been ordered to repay the $170 million worth of cryptocurrency that allegedly went missing last year. According...
The economic slowdown that has been flagged this week by the International Monetary Fund (IMF) is one that may be sparked in part by a...
ESL Investments has found backing for its $5.2 billion bid to save Sears Holdings Corp. Last week, Eddie Lampert won a bankruptcy court auction for the...
Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. plans to close following its second bankruptcy. The retailer, which...