RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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 78-88
  • No way to avoid tax hit liquidating SEP IRA

    By Ilyce Glink and Samuel J. Tamkin Q: My daughter purchased a little house for me to live in when I retire. I'm hopefully going to retire within the next 24 months. The house is owner financed at 5 percent with balance of $35,000 due in July. I want to...
  • Don't liquidate retirements savings to buy house

    By Ilyce Glink and Samuel J. Tamkin Q: We are 66 years old and retired and are looking at buying or building a new home. We currently own our home, which we have lived in for 35 years. Which would be the best bet, financing or paying cash for the next...
  • Brevard oncologist loses $89M Medicare fraud judgment

    Brevard oncologist loses $89M Medicare fraud judgment
    A Brevard County doctor, Wasfi Makar, was hit with an $89 million judgment on Wednesday in a whistleblower Medicare fraud case. For almost 20 years, Makar ran the American Cancer Treatment Centers in Rockledge and Titusville, which are now apparently...
  • Fungal meningitis victims to receive money from $100-million fund

    Fungal meningitis victims to receive money from $100-million fund
    Victims of a fungal meningitis outbreak traced to a tainted steroid produced by a Massachusetts compounding pharmacy will be compensated from a $100-million fund created as part of the legal settlement stemming from the 2012 incident. The settlement was...
  • ClearEdge Worker Sues Company That Laid Off Staff Without Notice

    ClearEdge Worker Sues Company That Laid Off Staff Without Notice
    A former South Windsor employee of ClearEdge Power has filed a class-action lawsuit against the company for failing to give required notice before it laid off all of its employees there last week. Rather than making the filing in advance of the layoffs,...
  • Wood floors grow in popularity as options expand

    Wood floors grow in popularity as options expand
    Last fall, when Dennis and Misty Glorioso renovated the Sykesville home they bought from Misty's father, one of their immediate priorities was to add hardwood floors. The house, which was built in the early 1980s, was chopped up into several small rooms...
  • Grief counselor seeks financial healing

    Grief counselor seeks financial healing
    Bridgette Sullenger knows what it takes to survive difficult times. Sullenger is an ordained minister who works with patients in hospice care. Sullenger also leads group counseling sessions for those left behind. "Every day, I'm around people who...
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
  • Comings and goings: Women's chain closes stores

    Comings and goings: Women's chain closes stores
    Business news in the south suburbs. Dots closing Dots, a national women's fashion discount retailer, has started going-out-of-business sales at all 360 of its stores, including eight in the south suburbs. Customers holding gift cards can use them...
  • Fisker Karma may relaunch in 2015

    Fisker Karma may relaunch in 2015
    A plan for Fisker Automotive Inc. is solidifying that would put the company's gas-electric hybrid Karma luxury automobile back on the road in mid-2015, according to its newly appointed interim president. The hope is that the newly launched car, backed...
  • Sbarro files for second bankruptcy in three years

    Sbarro filed for bankruptcy for the second time in three years as the pizza chain watches foot traffic slow in the malls many of its restaurants occupy. The Melville, N.Y., company filed for Chapter 11 protection in U.S. Bankruptcy Court in Manhattan on...