| Sep 23, 2013
| 7:41 PM
Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust.
The stock sale would not be a normal initial public offering, in which a...
| Sep 28, 2013
| 3:44 PM
New York's second-largest opera company appears to be on the brink of bankruptcy as an emergency fundraising effort is failing to meet its target, barring any last-minute miracle.
The New York City Opera was looking to raise $1 million through...
| Sep 30, 2013
| 8:19 AM
Fresh & Easy Neighborhood Market Inc. filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court, weeks after being promised to Los Angeles billionaire Ron Burkle.
The grocery chain, which is in the process of trading hands from British supermarket...
| Sep 30, 2013
| 8:15 PM
Fresh & Easy Neighborhood Market Inc. filed for Chapter 11 protection in U.S. Bankruptcy Court less than a month after being promised to Los Angeles billionaire Ron Burkle.
The grocery chain, in the process of trading hands from British supermarket...
| Nov 19, 2013
| 11:54 AM
Ensign Group Inc., a Mission Viejo company that operates nursing homes in several states, has agreed to pay $48 million to resolve allegations that it billed Medicare for unnecessary procedures performed on its patients.
Two former Ensign Group...
| Nov 20, 2013
| 4:20 PM
Officials in Desert Hot Springs have declared a fiscal emergency in an attempt to avert a second bankruptcy as the Palm Springs-area city approaches insolvency.
The City Council voted unanimously Tuesday to approve the emergency declaration, with...
| Nov 22, 2013
| 5:49 PM
Visual effects artists are planning to show their colors next week when President Obama visits DreamWorks Animation SKG.
Hundreds of visual effects artists who work at the Glendale studio are expected to wear green T-shirts to draw attention to the...
| Nov 27, 2013
| 10:03 AM
A deal announced nine months ago to merge two of the nation's biggest carriers to create the world's largest airline has cleared another key hurdle.
The merger of American Airlines and US Airways received approval Wednesday from the U.S. bankruptcy...
| Dec 2, 2013
| 1:42 PM
Tens of thousands of Detroiters are waiting anxiously for 10 a.m. Tuesday. That’s when they’ll hear from Judge Stephen Rhodes whether the city is eligible for bankruptcy protection, a decision that could affect pensions, city services and...
| Dec 3, 2013
| 9:38 AM
Saying that “the city needs help,” a judge ruled Tuesday that Detroit is eligible for bankruptcy protection and can cut municipal employee pensions as it reorganizes its finances.
“This case was filed in good cause and should not be...
| Dec 3, 2013
| 6:52 PM
After a federal judge ruled Tuesday that Detroit was eligible for bankruptcy protection and cleared the way for municipal pensions to be cut, city officials were upbeat, called for unity and urged residents to look ahead with optimism.
But for the city'...