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Bankruptcy

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

Top Bankruptcy Articles

Displaying items 100-110
  • U.S. bankruptcy judge hears testimony on Detroit water shutoffs

    DETROIT (Reuters) - A federal bankruptcy judge on Monday heard testimony from low-income families in Detroit who say they suffered hardships when the city cut off their water with no warning and are suing to prevent such shutoffs from happening again. U....
  • Frankfurt exchange's China dream turns to nightmare

    FRANKFURT/SHANGHAI (Reuters) - When Deutsche Boerse set off eight years ago to lure Chinese companies to Germany with fast listings and low fees, it dreamed of one day landing a giant like Alibaba . But as the New York Stock Exchange basks in the $22...
  • Ashley Swearengin for state controller

     Ashley Swearengin for state controller
    Californians have been breathing a bit easier in recent months as the state government's finances have turned — slowly, like an ocean freighter — from disaster to solvency. But the work is hardly done, and diligence is called for to ensure the...
  • Rauner avoids nursing home questions as trial starts

    Rauner avoids nursing home questions as trial starts
    Republican governor candidate Bruce Rauner on Monday avoided questions about his ties to a troubled nursing home chain, while a federal trial in Florida began hearing evidence on claims that Rauner’s old private equity firm participated in a...
  • Former Blackhawk Rene Bourque buys Roscoe Village home

    Former Blackhawk Rene Bourque buys Roscoe Village home
    Former Chicago Blackhawks right-wing Rene Bourque, who skates for the Montreal Canadiens, paid $1.5 million for a newly constructed house in the Roscoe Village neighborhood. "He loves it here. He loves the city," Bourque's sports agent, Ben Hankinson,...
  • Cities may use bankruptcy to cut worker pensions

    Cities may use bankruptcy to cut worker pensions
    Financially pressed California cities might turn to bankruptcy as a way to cut their increasing pension costs after a judge's ruling, experts said Thursday. Analysts from Moody's Investor Services, a bond rating firm, said that Wednesday's ruling by a...
  • 'Real Housewives of New Jersey' couple get prison in fraud case

    'Real Housewives of New Jersey' couple get prison in fraud case
    NEWARK N.J. (Reuters) - Teresa Giudice, star of "The Real Housewives of New Jersey," was sentenced on Thursday to 15 months in prison and her reality television co-star husband to 41 months behind bars in their federal fraud case. The couple arrived...
  • Partner in Rauner firm shared misgivings about associates in nursing home case

    Partner in Rauner firm shared misgivings about associates in nursing home case
    A partner at Republican Bruce Rauner's GTCR investment firm expressed misgivings about some of their former business associates in a troubled nursing home chain hit by hefty wrongful death lawsuit awards, according to video-recorded testimony played...
  • Joe Giudice of 'RHONJ' gets 41 months in prison, Teresa Giudice gets 15

    Teresa Giudice of "The Real Housewives of New Jersey" and her husband, Joe Giudice, were sentenced Thursday to federal prison for conspiracy and bankruptcy fraud -- and she's going to the slammer first. Joe Giudice was hit first with 41 months behind...
  • Nursing home trial may trouble Rauner campaign

    Nursing home trial may trouble Rauner campaign
    As Bruce Rauner enters the home stretch of his run for Illinois governor, 1,000 miles away in Tampa, Fla., a federal bankruptcy trial opens Monday to weigh allegations that the investment firm he ran participated in a fraudulent scheme to avoid...
  • Reports: Blase Cupich to replace Cardinal George

    Reports: Blase Cupich to replace Cardinal George
    The man reported to be the next archbishop of Chicago, like the ailing cardinal he would replace, opposes same-sex marriage and, in his two previous jobs as bishop, has been outspoken in his advocacy for the poor. But unlike Francis George, Blase Cupich...