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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles

Displaying items 100-110
  • Exclusive: Inside new CEO Mary Barra's urgent mission to fix GM

    Exclusive: Inside new CEO Mary Barra's urgent mission to fix GM
    Mary Barra, mother of two and the first female CEO of General Motors, sat silently while the parents of ten dead children unloaded their grief and anger on her. Some read prepared statements; others spoke off the cuff. One father unbuttoned his dress...
  • New company set to take over Lido Theatre

    New company set to take over Lido Theatre
    For 75 years, the light pink Lido Theatre in Newport Beach has welcomed moviegoers onto the Balboa Peninsula. But an asset manager for the theater's property owner has a new vision for the space, now surrounded by development, and in need of, as she put...
  • W.R. Grace to pay executives bankruptcy-exit bonuses

    W.R. Grace to pay executives bankruptcy-exit bonuses
    Columbia's W.R. Grace & Co. said Thursday that it will give CEO Fred E. Festa a $1.5 million cash payment, part of a package of "emergence" bonuses in the wake of its exit from a nearly 13-year-long bankruptcy case. The chemical maker, which filed for...
  • Mt. Gox files for bankruptcy as 850,000 bitcoins go missing

    Bitcoin exchange Mt. Gox announced Friday that it has filed for bankruptcy protection, admitting that it had lost 850,000 bitcoins. "There was some weakness in the system, and the bitcoins have disappeared. I apologize for causing trouble," said Mt. Gox...
  • Bitcoin irony watch: Mt. Gox seeks protection of -- eek! -- government

    Bitcoin irony watch: Mt. Gox seeks protection of -- eek! -- government
    The libertarian streak among bitcoin fanciers will be hard to kill, but at the moment it's certainly crippled. That's because bitcoin's onetime market leader, the Mt. Gox exchange, today filed for bankruptcy protection in Japan. Of course it's not...
  • Oscar night no gala for film, TV workers hit by runaway production

    Oscar night no gala for film, TV workers hit by runaway production
    Tom Capizzi is going to Hollywood Sunday night for the 86th Academy Awards, but not in a limo or a tux. Instead, he will be protesting near the Dolby Theatre, hoisting a green sign saying "Chase Talent Not Subsidies." Capizzi will be among hundreds of...
  • William Lyon Homes lays the foundation for future growth

    William Lyon Homes lays the foundation for future growth
    Newport Beach home builder William Lyon Homes has a history almost as interesting as its founder and namesake. William Lyon flew combat missions in the Korean War, commanded the Air Force Reserve and was chief executive and chairman of AirCal in the...
  • 'Real Housewives' stars plead guilty to fraud charges in N.J.

    Two stars of the reality television show “Real Housewives of New Jersey” face the reality of prison after pleading guilty on Tuesday to federal charges of committing a long-running financial fraud. Teresa and Giuseppe “Joe”...
  • 'Real Housewives' Stars Plead Guilty to Fraud

    NEWARK, N.J. (AP) -- A "Real Housewives of New Jersey" star and her husband face prison time after they pleaded guilty Tuesday to federal fraud charges for concealing income and lying during bankruptcy proceedings. In contrast to their often raucous on-...
  • Jos. A. Bank to acquire Eddie Bauer in deal worth $825 million

    Jos. A. Bank to acquire Eddie Bauer in deal worth $825 million
    Jos. A. Bank Clothiers said Friday it plans to buy outdoor retailer Eddie Bauer, a move the company said sets a path for long-term growth and analysts said increases Bank's options as it faces a hostile takeover bid by rival Men's Wearhouse. The $825...
  • 'Life After Pi,' doc on fall of visual effects house, to debut

    'Life After Pi,' doc on fall of visual effects house, to debut
    Pioneering visual effects house Rhythm & Hues stunned Hollywood last year when it filed for bankruptcy protection and laid off more than 250 employees. The announcement came as the Los Angeles company was enjoying its crowning achievement: the Ang Lee...