What Is Chapter 7 Bankruptcy?

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy may be a necessary evil for down-on-their luck Americans. Here's what you need to know.

Five Below Stands to Benefit From Silver Screen Slate in 2019

Five Below Stands to Benefit From Silver Screen Slate in 2019

FIVE could be a key retailer poised to seize on toy sales alongside more traditional retailers.

U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash

U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash

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.

Former Dividend Aristocrat HCP Is On the Mend

Former Dividend Aristocrat HCP Is On the Mend

The REIT that specializes in healthcare properties hit a rough patch that meant cutting its dividend, but it appears to be righting the ship.

Macau Casino Operator Studio City Is in Play Due to Shareholder Bankruptcy

Macau Casino Operator Studio City Is in Play Due to Shareholder Bankruptcy

Are Studio City shares worth the gamble as U.S. distressed-debt hedge fund Silver Point and Oaktree enter bankruptcy over their holding?

PG&E Stock Flares, Then Retreats, on Buffett Buyout Rumors

PG&E Stock Flares, Then Retreats, on Buffett Buyout Rumors

Shares of PG&E surge, then retreat on reports that Warren Buffett's Berkshire Hathaway was - and then wasn't - in talks to buy the bankrupt California utility.

Sears Gears Up to Open Smaller Stores to Win Back Customers

Sears Gears Up to Open Smaller Stores to Win Back Customers

The one-time retail giant Sears plans to open smaller stores focused on home furnishings and appliances called Sears Home & Life.

PG&E Picks Tennessee's William Johnson as New CEO

PG&E Picks Tennessee's William Johnson as New CEO

Beleaguered California utility also to appoint 10 new members to board as it pushes through bankruptcy.

What Is the FDIC and What Does It Mean to Me?

What Is the FDIC and What Does It Mean to Me?

The FDIC offers some much-needed protection for deposit banking consumers.

Gap Tries on Janie and Jack; Children's Place Dons Gymboree

Gap Tries on Janie and Jack; Children's Place Dons Gymboree

Gap to acquire Janie and Jack, while Children's Place to take over the rights to the Gymboree Group brand.