Proposal would see bankrupt utility pay compensation to victims of deadly wildfires started by utility's equipment.
No company is safe from the litigation risk tied to the drug epidemic, but Johnson & Johnson may be one of the few guaranteed to survive.
Farfetch denies it will be acquiring Barneys New York, which filed for bankruptcy earlier in August.
Shares of embattled California utility PG&E plunge after a judge rules that a jury should determine whether it should pay as much as $18 billion in damages to victims of the 2017 devastating 'Tubbs' California wildfire.
The $17 billion acquisition of Caesars by Eldorado is welcomed by activist investor Carl Icahn, who had been pushing Caesars board for a deal.
FIVE could be a key retailer poised to seize on toy sales alongside more traditional retailers.
The Financial Stability Oversight Council, a panel of top U.S. regulators charged with preventing future financial crises, met Thursday to discuss the past decade's surge in corporate borrowing, much of it by companies with junk-grade credit rating. An economic downturn likely would bring a wave of credit-rating downgrades and debt defaults that could ripple across markets.
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