Jun 5, 2012 The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.
Jun 1, 2012 Tess is joined by senior producer Paddy Hirsch and credit expert Liz Weston to talk about credit utilization, bankruptcy amongst seniors, and the down side of buying real estate for your kids.
May 29, 2012 Dewey & LeBoeuf, one of the largest law firms in the country, filed for bankruptcy last night after months of financial turmoil and partner defections.
May 29, 2012 Dewey & LeBoeuf filed for bankruptcy protection last night. In the last half century, large corporate law firms have enjoyed an enormously lucrative run. Although in the last four to five years revenue has flattened out.
May 24, 2012 The main newspaper in New Orleans is trimming its staff and cutting production. So how do newspapers decide which days to publish?
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.
May 8, 2012 The expulsion of the correspondent of Al Jazeera English from China is a blow to the rapidly expanding news service.
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 24, 2012 In London, media tycoon Rupert Murdoch and his son James are facing tough questions at a government hearing into news media ethics. When they appeared together before parliament last year, the Murdochs did not get an easy ride. One lawmaker accused them of running their media empire like the mafia.