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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 23-33
  • Anthony Orlando: Financial regulation would stimulate economy

    On Wednesday, in her first speech on monetary policy, Janet Yellen, the new Chairwoman of the Federal Reserve, pointed out a discouraging paradox: In recent years, private-sector forecasters have been surprisingly accurate at forecasting changes in the...
  • Helping clients choose annuities or lump sums

    (Reuters) - Your client plans to retire soon and his employer's defined benefit plan offers a choice: take a monthly pension or a lump sum distribution that can be rolled over to an Individual Retirement Account. The client wants your input because a good...
  • Massive soybean defaults loom as China buyers play hard-ball: top buyer

    RIZHAO, China (Reuters) - Chinese buyers may default on a further 1.2 million metric tons (1.32 million tons) of soybeans worth about $900 million being shipped from the United States and South America, to avoid incurring huge losses in a depressed...
  • Gaslight era left radioactive legacy in Chicago

     Gaslight era left radioactive legacy in Chicago
    Before the electric light bulb ended the Gaslight Era, one of the biggest advances in illuminating Chicago and other cities was the development of a lantern wick that could withstand intense heat while burning brighter than ordinary lamps. The wicks,...
  • Detroit pension deal approved by one retirement system

    (Reuters) - The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy by...
  • GM to seek court protection against ignition lawsuits

    GM to seek court protection against ignition lawsuits
    (Reuters) - General Motors Co said it would ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy, signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches. GM has said it is...
  • Detroit pension board endorses deal to cut benefits, eliminate COLA

    DETROIT A Detroit pension board endorsed a deal that would cut pension checks for non-uniformed city workers and retirees by 4.5 percent and eliminate cost-of-living adjustment increases to retirement benefits. The city's General Retirement System...
  • Bitcoin exchange Mt. Gox says 'no prospects' for restart of business

    Bitcoin exchange Mt. Gox says 'no prospects' for restart of business
    Mt. Gox, the online bitcoin exchange that shuttered in February, said Wednesday that a Japanese court had dismissed its request for a civil rehabilitation proceeding, similar to a Chapter 11 bankruptcy filing.  As a result, the bitcoin exchange said...
  • Did hard feelings between GM and Delphi contribute to ignition-switch woes?

     
    Filed under: GM, Earnings/Financials, UAW/Unions, Read This The Detroit News has lodged another exhibit in the attempt to reconstruct how General Motors used an ignition switch part that might not have met the company's own standards, citing acrimonious...
  • China gets first bitcoin ATM, skirting bank crackdown

    SHANGHAI (Reuters) - BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking...
  • Gov. Quinn, let Chicago solve its pension crisis

    Gov. Quinn, let Chicago solve its pension crisis
    Step 1 of 4: Mayor Rahm Emanuel persuaded a majority of Illinois legislators to pass a bill that would let Chicago's City Hall ease the pension crisis for two endangered pension funds. Laborers and municipal workers would make future sacrifices to steer...