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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles

Displaying items 78-88
  • Creative bankruptcy: That West Virginia chemical company

    Creative bankruptcy: That West Virginia chemical company
    As predictably as night follows day, it was clear that the onslaught of lawsuits over the chemical poisoning of virtually the entire water supply of Charleston, W.Va., would be followed by a bankruptcy filing by the chemical company at the center of the...
  • U.S. sells rest of GM stock

    U.S. sells rest of GM stock
    WASHINGTON — The federal government closed the books on the taxpayer bailout of General Motors Co., selling the remaining shares in the nation's largest automaker and taking an expected $10.5-billion loss. The Treasury Department said Monday...
  • American Airlines and US Airways complete merger

    American Airlines and US Airways complete merger
    American Airlines officially emerged from bankruptcy, closing a blockbuster deal with US Airways to become the world's largest airline. The parent companies of the two airlines, AMR Corp. and US Airways Group Inc., formally became American Airlines...
  • Cherokee is making a name for itself in more nations

    Cherokee is making a name for itself in more nations
    In its bleakest days in the mid-1990s, Cherokee Inc. realized it had overlooked a key asset — its name. The Cherokee brand, which began as a shoe line in 1973, evolved into a Van Nuys clothing manufacturing company focused on women and juniors...
  • American Airlines-US Airways merger becomes official

    American Airlines-US Airways merger becomes official
    Eleven months after American Airlines and US Airways announced plans to merge, the union that creates the world's largest airline became official Monday. The parent companies of the two airlines, AMR Corp. and US Airways Group, have formally become...
  • How to debate the 'undebatable' falsehoods about Social Security

    How to debate the 'undebatable' falsehoods about Social Security
    Two founders of Third Way, a Washington think tank that masquerades as a centrist voice but looks and talks more like an arm of Wall Street, surfaced this week on the Wall Street Journal's editorial page with an attack on Social Security so full of...
  • Santa Monica ad agency Phelps hires Mike Jackson as its president

    Santa Monica ad agency Phelps hires Mike Jackson as its president
    The Phelps advertising agency has hired veteran marketing executive Mike Jackson as president. Jackson, a former top General Motors advertising executive, most recently ran his own consulting firm in Detroit. But Jackson closed that office late last...
  • Should Rembrandt, Van Gogh help bail out a bankrupt Detroit?

    Should Rembrandt, Van Gogh help bail out a bankrupt Detroit?
    DETROIT — The Christie's appraisers enter on Mondays, when the museum is closed, and either inspect what's on the walls or ask to see some of the thousands of works not on display, sometimes sending Detroit Institute of Arts technicians on half-...
  • Foundations pledge $330 million to prevent sale of Detroit museum art

    Foundations pledge $330 million to prevent sale of Detroit museum art
    In an attempt to save the Detroit Institute of Arts from being crippled or destroyed by its city's epic bankruptcy, nine local and national charitable foundations have pledged $330 million to spare the museum from having artworks sold to help prop up...
  • Foundations pledge $330 million to preserve Detroit art, pensions

    Foundations pledge $330 million to preserve Detroit art, pensions
    A group of foundations has pledged to give Detroit $330 million, a contribution designed to prevent the sale of the city’s art, freeing that money to help ease threatened cuts in benefits for retired municipal workers. The charitable effort,...
  • For Scranton residents, bankruptcy is an inviting option

    For Scranton residents, bankruptcy is an inviting option
    SCRANTON, Pa. — When Detroit filed for bankruptcy, hundreds of residents took to the streets to protest what they saw as a drastic approach to fixing the city's budget problems. But in this hilly town of 76,000 in northeastern Pennsylvania,...