| Jul 17, 2014
| 11:57 AM
Filed under: Crossover, Dodge, Quick Spins Watchers of the auto industry will notice a theme among the formerly bankrupted American automakers, General Motors and Chrysler. There are the post-bankruptcy vehicles, and the pre-bankruptcy vehicles. The...
| Jul 10, 2014
| 8:00 PM
Days after closing all its stores amid financial struggles, Crumbs Bake Shop Inc. could get a second chance after an investor group said it plans to revive the brand and expand its offerings.
Marcus Lemonis — who heads Camping World and Good Sam...
| Jul 10, 2014
| 5:10 PM
The owner of the closed Sparrows Point steel mill is working on selling a "significant percentage" of its stake in the property to local buyers, raising hopes for its eventual redevelopment.
An attorney disclosed the potential sale this week in a court...
| Jun 24, 2014
| 2:31 PM
SAN JUAN (Reuters) - New York Federal Reserve Bank President William Dudley warned Puerto Rico about its growing debt load and questioned if the island can sustain its high level of borrowing in remarks delivered to an accounting group on Tuesday....
| Jun 22, 2014
Twenty-five U.S. public companies with a combined $56 billion in assets had filed for Chapter 7 and Chapter 11 bankruptcies through May 26, compared with 33 with $21 billion in assets in the same period last year.
Skewing the latest numbers was the...
| Jul 8, 2014
Brewzzi, the award-winning brewpubs in Boca Raton and West Palm Beach, has filed for Chapter 11 bankruptcy protection.
Meanwhile, the pub in Boca remains open, and the West Palm location — forced to close for falling behind on rent — hopes...
| Jun 20, 2014
| 7:53 PM
Is American Apparel Inc. up for sale?
The Los Angeles company's abrupt ouster this week of Chief Executive Dov Charney has sparked intense speculation that it is now a prime takeover target.
But those rumors were vehemently dismissed Friday by its...
| Jun 18, 2014
| 2:30 PM
Investors who tried for years to get a stake in 1st Mariner Bank have closed on their purchase of the Baltimore institution.
New CEO Jack E. Steil and president Robert D. Kunisch Jr. said Wednesday that the deal was finalized Tuesday night. The...
| Jul 8, 2014
| 8:04 PM
The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea.
American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
| Jul 9, 2014
| 2:47 AM
BERLIN (Reuters) - Germany's cabinet has approved a package of draft laws which effectively give the go-ahead to Europe's plans for banking union - its main confidence-building response to the crisis in the financial sector, a government source said on...
| Jul 2, 2014
| 1:34 PM
Without Walls International, the former church of Paula White, is being forced by a bankruptcy court to auction off its Lakeland church property on July 7.
Once one of the largest and most dynamic megachurches in the county, Without Walls began to...