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Sears Holdings Just Offered More Proof That It's Doomed

Sales and profitability are still headed downhill at Sears Holdings, and the company is running out of assets to sell as it tries to stave off bankruptcy.
Motley Fool

Alitalia expected to start bankruptcy procedures

ROME (AP) " Alitalia is expected to start bankruptcy procedures after employees rejected proposed salary cuts and layoffs cuts aimed at saving Italy's financially troubled flagship airline.The..
New Zealand Herald Also reported by •Seattle TimesFOXNews.com

Videos for bankruptcy

News video: Alitalia workers reject rescue plan

Alitalia workers reject rescue plan 00:45

The loss-making Italian airline Alitalia is again on the brink of bankruptcy. In a ballot, two thirds of its workers have voted to reject a management restructuring plan. The agreement to lay off 980..
Source: Euronews English -

News video: Gamble Mill Changes

Gamble Mill Changes

Changes considered to Gamble Mill in Bellefonte
Source: WTAJ -

News video: New Social Media Campaign Hopes To Clean Up Stockton's Image

New Social Media Campaign Hopes To Clean Up Stockton's Image 02:04

City leaders say Stockton’s bankruptcy did bring a negative light to the community, but now that it’s all behind them, they wanted a chance to talk about all the positive things including the..
Source: CBS 13 Sacramento -

News video: Bankruptcy Attorney - April 24, 2017

Bankruptcy Attorney - April 24, 2017

Bankruptcy Attorney - April 24, 2017
Source: WOI -

News video: GM Ignition Switches Appeal Smacked Down By SCOTUS

GM Ignition Switches Appeal Smacked Down By SCOTUS 00:55

On Monday the Supreme Court turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches. The lawsuits could expose the company to billions of dollars..
Source: Wochit Headline News -

 

Gander Mountain stores may get reprieve with potential buyer

A Utah-based sporting goods retailer is weighing a bid to buy most Gander Mountain Co. stores, a move that would keep the bulk of the St. Paul, Minn.-based retailer's locations open — though the..
bizjournals

New Survey: Credit Card Debt is the Greatest Source of Financial Worry for Consumers in 2017

Thirty-nine percent of consumers say greatest financial worry is credit card debt according to survey by American Consumer Credit Counseling. (PRWEB) April 25, 2017 The greatest financial worry..
PRWeb

The IMF Is Not Done Destroying Greece Yet

the imf is not done destroying greece yet
Authored by Raul Ilargi Meijer via The Automatic Earth blog, Austerity is over, proclaimed the IMF this week. And no doubt attributed that to the ‘successful’ period of ‘five years of belt..
Zero Hedge

New Orleans startup airline GLO files for bankruptcy protection

A contract dispute could ground GLO flights starting Thursday.
nola.com

Baby Boomers Borrowed $100BN In Student Loans For Their Children And Now Defaults Are Soaring

baby boomers borrowed $100bn in student loans for their children and now defaults are soaring
America's snowflake millennials aren't used to being told 'no', especially by their parents.  Perhaps that's why, as we pointed out a few days ago, more millennials than ever are now living at home..
Zero Hedge

Canada: Catherine Francis Publishes "Solicitor-Client Privilege In Bankruptcy" In CAIRP's Rebuilding Success Magazine - Minden Gross LLP

Litigator Catherine Francis published "Solicitor-Client Privilege in Bankruptcy" in the Canadian Association of Insolvency and Restructuring Professionals' (CAIRP) magazine Rebuilding Success.
Mondaq

Supreme Court Rebuffs G.M.’s Bid to Limit Ignition-Switch Lawsuits

By declining to review a lower-court ruling, the justices cleared the way for plaintiffs to proceed with hundreds of claims over deaths or injuries that occurred before General Motors declared..
NYTimes.com

Business News Roundup, April 25

Tesla will nearly double its Supercharger electric car charging network this year to 10,000 public charging units globally, up from 5,400, the company said Monday. The Palo Alto company plans to begin..
SFGate

Retailers are going bankrupt at a record pace, analysis says

Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping. In a little over three months, 14 chains have announced they will seek court..
Denver Post

Regulators lift sanctions and approve Wells Fargo's 'living will' after revisions

Federal regulators signed off Monday on Wells Fargo & Co.’s plan for operating and winding down in a potential bankruptcy, easing restrictions that were placed on the bank last year when regulators..
L.A. Times

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