May 18, 2012 The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.
May 8, 2012 Hercules, Calif. was on the brink of bankruptcy. So the town made major sacrifices to stay solvent.
Apr 30, 2012 Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
Apr 27, 2012 The fashion designer Betsey Johnson has filed for bankruptcy protection. Dozens of the fashion designers' stores will close, and hundred of employees will be laid off.
Apr 27, 2012 Walmart named a former U.S. attorney earlier this year to check compliance with a U.S. bribery law. But is the U.S. law behind the times?
Apr 18, 2012 Far too many poor people are living in the modern-day equivalent of debtors' prison without a chance of a fresh start. It's wrong -- a terrible state of affairs.
Stacey Vanek Smith
Apr 3, 2012 In cases like the shooting of Trayvon Martin by a neighborhood watch volunteer, it's possible the plaintiffs could add the homeowners' association to an action for its role in setting up the watch.
Apr 3, 2012 A New York banquet hall settles a lawsuit to pay waiters tips it never handed over. It’s the latest and biggest payback for jilted waiters.
Mar 26, 2012 The parent company of American Airlines wants more concessions from unions, or it'll push to cancel existing labor contracts.