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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
  • Lumber Liquidators' profit falls on decreased sales

    Lumber Liquidators' profit falls on decreased sales
    Reduced customer traffic and constraints on inventory for Toano-based Lumber Liquidators' stores led to a sales shortfall and an 18.7 percent drop in profit in the second quarter, the company reports. While overall sales increased by 2.3 percent with...
  • Do top-flight, foreign airlines get unfair lift in U.S.?

     Do top-flight, foreign airlines get unfair lift in U.S.?
    The world's highest-rated overseas airlines have entered the Chicago market in recent years, including one last week, highlighting economic opportunity for Chicago but also fueling controversy about whether foreign carriers have an unfair advantage over...
  • DirecTV and AT&T look to take over Houston sports channel

    AT&T's $49-billion deal to buy satellite broadcaster DirecTV has a long way to go before closing, but the two companies are already partnering on a Houston sports channel. DirecTV and AT&T have submitted a plan to a U.S. Bankruptcy Court judge in...
  • Three things MOCA can do about its looming exhibition gap

    Three things MOCA can do about its looming exhibition gap
    The Museum of Contemporary Art, as my colleague Christopher Knight reported over the weekend, appears to be facing a considerable gap in its exhibition schedule. It turns out that the tumult of the Jeffrey Deitch years has led to an exhibition drought....
  • How to escape the medical care debt trap

    How to escape the medical care debt trap
    The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit. It's medical expenses. An analysis this year by NerdWallet Health found that about 60% of all bankruptcies are health related. And a...
  • Good news and warnings in the Social Security and Medicare reports

    The release of the annual trustees reports for Social Security and Medicare customarily give rise to an outburst of disinformation from the enemies of these social insurance programs -- that comes with the territory when you're putting out documents of...
  • As Atlantic City's fortunes fade, casino workers fear bleak future

    ATLANTIC CITY, N.J. — After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer. The Showboat...
  • Village's new cop fired in 1st week on job, then arrested

    Village's new cop fired in 1st week on job, then arrested
    In the days after he started work as a police officer in a small McHenry County village, Ryszard Kopacz was fired, investigated by the state police, arrested and charged with several felonies. Kopacz had been on the job less than a week when a...
  • Consider filing for bankruptcy if debt repayment would take five years

    Dear Liz: I'm a 33-year-old mother who lost my full-time job during the recession in 2009. I may have my "stuff" together again, but am considering filing bankruptcy. Each month I'm spending almost half (yes half!) of my income on debt payments to...
  • Former councilman sentenced to a year in Bell corruption scandal

     Former councilman sentenced to a year in Bell corruption scandal
    One of the former council members blamed for the corruption that left one of Los Angeles County's poorest cities headed toward bankruptcy was sentenced Friday to a year in the county jail, but he could be a free man in just weeks. George Mirabal is...
  • Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy

    Elephant Bar closes in Burbank, restaurant's parent company files for bankruptcy
    Downtown Burbank restaurant Elephant Bar quickly and quietly went out of business recently, along with more than a dozen other locations, as its parent company filed for Chapter 11 bankruptcy protection. The restaurant was in business at First Street and...