Bankruptcy

Toys ‘R’ Us Succumbs to Crushing Debt With Bankruptcy Filing

Toys "R" Us, the largest U.S. toy store chain to file bankruptcy protection, is a victim of its own missteps as well as the turmoil engulfing the retail industry. The ...
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Was Toys ‘R’ Us Killed by Amazon? No, It Killed Itself

Amazon.com Inc. (NASDAQ: AMZN) is blamed for traditional retail bankruptcies, store closings and layoffs. The blame will extend to the Chapter 11 filing by Toys "R" Us. In reality, the ...
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6 Most Important Things in Business Today

Macy's Inc. (NYSE: M) hired 80,000 workers for the holidays, down from 83,000 last year. Despite the small drop, Macy's continues to struggle considerably, and the fourth quarter may be ...
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At Toys ‘R’ Us, Thousands of Jobs at Stake

Several media reports say that Toys "R" Us, the toy retailer founded in the late 1950s, may seek Chapter 11 protection. If so, thousands of jobs are at stake as ...
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6 Most Important Things in Business Today

Hurricane Irma barreled toward the Florida coast. A direct hit on the state would cause tens of billions of dollars in damages and affect businesses from cruise ships to orange ...
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Meet the Contura Energy IPO — the Old Core Coal Assets of Alpha Natural Resources

Contura Energy is one of the two initial public offerings slated for the week of August 11, 2017. What is going to feel unique about this IPO is that Contura ...
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Wedding Dress Maker Goes Broke as Fewer Americans Marry

Calls to wedding gown maker Alfred Angelo went unanswered on Friday because the company had filed for bankruptcy that morning and was closing its stores and ending its distribution sales. In ...
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6 Most Important Business Stories Today

Japanese car supplier Takata has filed for bankruptcy in both the United States and Japan. It will be bought for $1.6 billion by Key Safety Systems. Millions of flawed airbags ...
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Credit Card Defaults Hitting 4-Year Highs

Whether an investor, a business owner or an average working person, every single one of us has to worry about the broad economic trends. We can all remember the pain ...
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It’s Getting Harder to Find a RadioShack If You Have Tech Questions

If you had tech questions, RadioShack believed it had the answers. For example, if you needed an HDMI cord, RadioShack was your destination. But it is getting increasingly difficult for ...
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Retail Bankruptcies Are Rising Fast: 10 Companies That May Be Next

There is no doubting the impact that the internet has had on everyday life, and the incredible change that it has brought to our society and the world as a ...
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Bond Insurers Hold Up Against Puerto Rico Bankruptcy Exposure

There is another Greece situation that was actually closer to the U.S. and may have more directly exposure to the U.S. than Greece. The inevitable bankruptcy of Puerto Rico has finally ...
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Republic Airways Emerges From Chapter 11 as Industry Faces Headwinds

Republic Airways, the second-largest regional airline in the United States, announced that it has emerged from its Chapter 11 restructuring. According to its court-approved reorganization plan, Republic will remain a ...
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Retailers on Record Bankruptcy Pace: S&P

The economic situation for U.S. retailers has gotten so bad that analysts have added a new word to an investor's vocabulary: over-stored. That means just what it implies: there are ...
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What Does Best Buy Gain From hhgregg’s Bankruptcy?

Indianapolis-based hhgregg Inc. (NYSE: HGG) announced last Friday that it would begin liquidating its assets over the weekend because it had failed to find a buyer for the company's inventory ...
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