Business Events Bankruptcy

  • A certain segment of the hedge fund industry is in the midst of evolving. The evolution of these hedge funds is apparent in their shift from focusing on short-term gains to long-term maximization of value.

  • GM_hq_140.jpg

    For all its financial troubles and shortcomings as an automaker, no aspect of G.M. has confounded its critics as much as its hidebound, command-and-control corporate culture. The New York Times looks at the carmaker's effort to change.

  • Workers of the Opel plant, a subsidiary of General Motors, in Bochum, western Germany, block the entrance gate on Monday Oct. 18, 2004. Workers protest against plans of the carmaker's parent company General Motors to cut some 10,000 jobs in Germany. (AP Photo/Frank Augstein)

    General Motors is already feeling the backlash of its decision not to sell European automaker Opel to Magna International, as workers in Germany went on strike.  GM faces not just ire over American-European cultural differences, but worker unease at job security, European-style.

  • JP Morgan Chase

    JPMorgan Chase has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County, Ala.

  • Lehman Brothers' chapter 11 bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court, based on pre-bankruptcy assets. >

    Lehman Brothers' bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court.

  • ToyZam_Store_200.jpg

    Toys 'R Us isn't the only toy store taking advantage of the void that KB Toys' bankruptcy left at shopping centers and malls.

  • Stocks struggled Tuesday as energy stocks rose along with oil prices. But consumer-discretionary stocks dragged on the market after a disappointing consumer-confidence report.

  • dykstra_lenny_2009_200.jpg

    Lenny Dykstra's bankruptcy case has been converted from a Chapter 11 reorganization to a Chapter 7 liquidation. Judge Geraldine Mund said bluntly, "Right now it looks like everything is under water."

  • Stocks pulled back Tuesday after a report showed consumer confidence declined in October.

  • Stocks opened slightly higher Tuesday after encouraging reports on housing and earnings and  as the dollar retreated.

  • Futures indicated a mixed open for Wall Street on Tuesday, with the tech-heavy Nasdaq due to begin the day in negative territory while the Dow Industrial Average and the S&P 500 index are expected to open higher.

  • Stocks retreated Monday, led by financials and commodities, as the dollar rebounded.

  • Stocks retreated Monday, led by financials, as the dollar rebounded and Dutch bank ING announced plans to split in two.

  • Stocks advanced Monday, helped by an upbeat economic report and a couple of earnings beats.

  • Futures pointed to a higher open for Wall Street on Monday as a new week brings another heavy dose of corporate earnings, following the first weekly loss in three for the U.S. stock market's major averages.

  • The Capmark Financial Group, the big commercial real estate finance company cobbled together from pieces of GMAC, may file for bankruptcy as soon as this weekend, a person briefed on the matter told DealBook on Saturday.

  • CIT Group inc.

    CIT Group, struggling to restructure billions in debt and stay out of bankruptcy court, could finalize a deal in the next 24 hours with Wall Street bank Goldman Sachs over a disputed payment on a $3 billion loan, according to a published report.

  • halloween_shopping.jpg

    Halloween spending is expected to fall by roughly $1 billion this season, but sales at some stores may not be as dismal as originally thought.

  • Stocks rebounded Monday as investors' waning enthusiasm got a jolt from a report that showed the services sector has begun to expand. Plus, there was some bargain hunting after the market's two-week decline.

  • Stocks rebounded Monday as investors' waning enthusiasm got a jolt from a report that showed the services sector has begun to expand. Plus, there was some bargain hunting after the market's two-week decline.