| Jan 17, 2014
| 8:02 PM
SAN FRANCISCO — A federal appeals court unanimously overturned a defamation award against a blogger Friday, ruling that 1st Amendment protections for traditional news media extend to individuals posting on the Web.
"The protections of the 1st...
| Jan 17, 2014
| 11:08 PM
Bombarded by lawsuits and under federal investigation, the chemical company that spilled a dangerous solvent into a West Virginia river and fouled the drinking water of 300,000 people filed for federal bankruptcy protection Friday.
| Jan 20, 2014
| 2:28 PM
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...
| Dec 22, 2013
| 9:45 PM
Less than a year after state auditors warned that Bell faced possible insolvency, the city has seen a significant infusion of cash from settlements with firms it blamed for not preventing the corruption scandal that engulfed the town.
| Dec 27, 2013
| 6:00 AM
One summer Saturday in the Bay Area city of Richmond, nitric acid leaked from a tank at a metal plating company, forming a toxic cloud that floated over a neighborhood of small houses and stucco apartments.
"People were coughing. They were gasping for...
| Dec 29, 2013
The Detroit bankruptcy court judge's ruling that employee pensions are "on the table" for potential reductions has spurred yet another round of acrimonious debate between those on the right who blame public-sector pensions for virtually all of government'...
| Jan 2, 2014
| 9:11 AM
Italian automaker Fiat plans to take full control of Chrysler Group by buying out the shares held by a United Auto Workers union-controlled trust fund.
The union and Fiat reached a deal on New Year’s Day for the automaker to acquire the 41.5% of...
| Jan 8, 2014
| 5:33 PM
Only a month after emerging from bankruptcy, American Airlines faces a claim from the city of Los Angeles for $21.5 million in fees charged to operate out of Los Angeles International Airport.
The city asked a U.S. Bankruptcy Court judge in New York for...
| Jan 10, 2014
| 4:55 PM
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,...
| Jan 14, 2014
| 7:37 AM
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...
| Dec 11, 2013
| 5:48 PM
The chief executive who led American Airlines through bankruptcy and a major merger will get a severance package valued at about $17 million.
That was among the first decisions made by the new American Airlines after it emerged from bankruptcy Monday...