National Enquirer is far from its glory days when a cover photo of Elvis Presley in his coffin in 1977 sold 6.7 million copies.
NII Holdings , which provides wireless services in Latin America under the Nextel brand, warned that it's likely to file for Chapter 11 protection in the "very near future."
The Commonwealth of Puerto Rico's new restructuring framework for its public corporations and the possibility of extending Chapter 9 bankruptcy to them both have advantages and disadvantages.
Casino giant Caesars Entertainment and its second-lien bondholders have taken their grievances to the courthouse, with each group filing a lawsuit against the other.
As the Puerto Rico Electric Power Authority faces a Thursday forbearance agreement expiration an ad hoc group of 19 hedge fund bondholders is evaluating ways to provide financing.
Three elected officials are exerting pressure on the Garden State's casino regulator to keep Trump Plaza Hotel and Casino and Showboat Atlantic City open for four months.
Investors in private equity-backed Paycom Software are banking on continued revenue growth as the payroll software provider tries to figure out how to comply with a waived debt covenant.
Three-and-a-half years after emerging from bankruptcy protection, American Media, which publishes magazines including the National Enquirer, Shape and Star, appears to be hitting another shoal of financial difficulties.
A source said the company conspired to dilute the ousted CEO's stake and didn't make disclosures.
Country officials plan to start negotiating next week with holdout bondholders, a source close to the situation said.