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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles see all

Displaying items 1-5
  • Judge to rule on whether Stockton, California can exit bankruptcy

    SAN FRANCISCO (Reuters) - A judge in Sacramento is set to decide on Thursday if the California city of Stockton can exit bankruptcy. If not, the city may need to cut its pension obligations, a controversial issue that has captured the attention of the $3.7 trillion U.S. municipal bond market.
  • Stockton bankruptcy ruling will decide fate of public pensions

    In a closely watched case, a federal judge on Thursday is expected to decide whether the bankrupt city of Stockton can continue to pay employees generous pensions that soon could consume one-fifth of municipal revenues. The ruling has been much...

    Illinois leads nation in 2014 bank failures

     Illinois leads nation in 2014 bank failures
    Nearly a third of the nation's bank failures so far this year — five out of a total of 16 — have occurred in Illinois. The state also has another unwelcome distinction: The two biggest bank collapses so far in 2014 also have been Illinois...

    Dow Jones asks court to deny GT Advanced, Apple's secrecy motion

    (Reuters) - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology Inc to keep under seal some documents relating to GT Advanced's bankruptcy. Dow Jones, owned by News Corp,...

    Biz News: Newport residents create sprouting kit

    Newport women create 'superfood' sprouting kit Newport Coast residents Nita Tewari and Monica Cohen have created the Green Mung Beans Sprouting Kit, which is designed for sprouting the Asian "superfood" that its promoters say is high in protein and...