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RS Legacy Corp

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  • NEW YORK— RadioShack will live on after its bankruptcy. That means Standard General can use the name on the more than 1,740 RadioShack stores it bought in April. As part of the deal, Standard General will also acquire RadioShack's other brands, including Enercell batteries and Auvio speakers.

  • The life and death of the American shopping mall Monday, 8 Jun 2015 | 6:00 AM ET
    A rendering of City Point Brooklyn.

    As shopping malls across the U.S. fall by the wayside, developers are ponying up big bucks on innovative properties.

  • UPDATE 1-U.S. judge rules RadioShack IP auction was fair Wednesday, 20 May 2015 | 4:13 PM ET

    May 20- A U.S. bankruptcy judge on Wednesday cleared the way for RadioShack Corp to sell its brand name and customer data to a Standard General affiliate for about $26 million, rejecting a competing bidder's claim that the auction process was unfair. Those matters were the last major hurdles to the bankrupt electronics chain's plan to sell its intellectual...

  • WILMINGTON, Del, May 18- The U.S. Federal Trade Commission on Monday urged a bankruptcy court to protect information that RadioShack Corp collected from tens of millions of customers before the retailer filed for Chapter 11.. RadioShack filed for bankruptcy this year and put up for auction its lists of customer names, e-mail addresses and purchase histories.

  • SAN FRANCISCO, May 13- The auction for bankrupt electronic retailer RadioShack's brand and customer data has closed with the Standard General hedge fund posting a winning bid of $26.2 million after objections piled up to their sale. Standard General affiliate General Wireless, which had already bought more than 1,700 RadioShack stores, on Tuesday won the...

  • WILMINGTON, Del, April 14- The number of bankruptcies among publicly traded U.S. companies has climbed to the highest first-quarter level for five years, according to a Reuters analysis of data from research firm bankruptcompanynews.com. The $34 billion in assets held by the 26 companies is the second highest for a first quarter in the past decade.

  • 10 fallen tech giants that once seemed invincible Monday, 6 Apr 2015 | 10:00 AM ET
    Old technology

    Tech giants may seem eternal but can quickly cede to nimble competitors. Here's a look at 10 companies who have fallen from the top spot.

  • A RadioShack comeback? It's possible—here's how Monday, 6 Apr 2015 | 6:58 AM ET
    Pedestrians walk past a RadioShack store in San Francisco.

    Despite much skepticism, hedge fund Standard General believes RadioShack can make a comeback, the NYT reports.

  • Sneak peek at RadioShack, Sprint's new stores Wednesday, 1 Apr 2015 | 10:02 AM ET
    Sprint and Radio Shack brand signs will be on the front of the store pending branding approval from both companies.

    RadioShack's brand name could survive in a bigger-than-expected way.

  • Malls outperforming the shopping center industry Monday, 30 Mar 2015 | 11:48 AM ET
    Shoppers at Tyson's Corner Mall in Tyson Corner, Virginia

    Rents and occupancy rates at malls are outrunning those in the overall sector.

  • WILMINGTON, Del, March 27- A lender to bankrupt RadioShack Corp told a U.S. judge on Friday it was prepared to present a new offer that was a "significant improvement" over a rival proposal that was selected as a winning bidder at an auction this week. RadioShack's advisers declared that Standard General had outbid Salus, RadioShack's largest creditor, at a four-day...

  • *Expects 2015 profit of $3.60- $3.80/ share vs est $4.04/ share. *Expects strong dollar to hit 2015 profit by 6- 9 cents per share. March 26- GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.

  • WILMINGTON, Del., March 26- A deal to keep 1,740 RadioShack Corp stores open hangs in the balance in a Delaware court after its top creditor, a losing bidder in an auction for the bankrupt retailer, called the process a "sham" and demanded a new sale. RadioShack, which filed for bankruptcy last month, told a U.S. While RadioShack's attorney told the court the deal saved...

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • WILMINGTON, Del., March 26- RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale. RadioShack, which filed for bankruptcy last month, told a U.S. An attorney for Salus Capital Partners, which is owed $150 million and is RadioShack's...

  • UPDATE 1-RadioShack auction headed for courtroom showdown Wednesday, 25 Mar 2015 | 5:34 PM ET

    March 25- An auction for RadioShack Corp failed to resolve whether the electronics retailer will remain in business as bidders attacked each in court filings, setting up a showdown before a judge on Thursday. By early Wednesday, however, one of RadioShack's lenders, Salus Capital Partners, asked the U.S. Bankruptcy Court judge overseeing the case to intervene.

  • States press RadioShack on consumer privacy Wednesday, 25 Mar 2015 | 4:44 PM ET
    A pedestrian passes a Radio Shack store soon to be closed in New York.

    The states of Oregon, Pennsylvania, Tennessee and Texas are challenging RadioShack for trying to sell customers' personal information.

  • RadioShack lender asks judge to intervene in auction Wednesday, 25 Mar 2015 | 1:35 PM ET

    March 25- A RadioShack Corp lender asked a U.S. Bankruptcy Court judge to intervene in the auction of the electronics retailer and said it had submitted a bid to liquidate the chain that was "materially superior" to one favored by RadioShack. The lender said, however, that RadioShack favored a proposal from hedge fund Standard General, even though its bid included...

  • Standard General raises bid for bankrupt RadioShack Tuesday, 24 Mar 2015 | 6:20 PM ET
    A customer leaves a RadioShack store in San Francisco and a Sprint store is shown in Fort Lauderdale, Fla.

    Hedge fund Standard General is said to have raised its bid to buy about 1,740 stores of bankrupt electronics retailer RadioShack at auction.

  • Apple-centric TV episode captivates Twitter in Feb Monday, 16 Mar 2015 | 3:23 PM ET
    Claire's computer becomes the hub of all the family's activities when she gets stuck at the airport and is desperate to reach Haley after a big fight. After FaceTiming with Phil and the rest of the family to help track her down, Claire quickly turns to online snooping which inevitably becomes disturbing real quick and everyone gets sucked into the online drama, on the "Modern Family" episode, “Connection Lost.”

    ABC's Modern Family aired an episode shot completely on Apple products. Fans of the show and tech-lovers responded on Twitter.