Nov 26, 2012 An internal scuffle between Detroit's city council and the state of Michigan could drive the Motor City's budget into a big ditch.
Oct 23, 2012 Alan Wurtzel, son of the store's founder, details the transformation of the company over the years in his new book, “Good to Great to Gone: The 60 Year Rise and Fall of Circuit City”.
Oct 4, 2012 San Bernardino is struggling to find its way out of the recession and out of bankruptcy. Crime is one of the biggest problems the city is facing, and there are many competing solutions.
Sep 14, 2012 The East Coast discount retailer Daffy's is going out of business, giving us a look at the ecosystem that sprouts up when a company has to sell everything from shoes to shelves.
Sep 7, 2012 All kinds of loans can get dismissed in bankruptcy work, except for student loans. But there are some exceptions to this rule.
Aug 2, 2012 In Japan, two big electronics companies are reporting disappointing earnings this morning. Sony is reporting a $316 million quarterly loss. And Sharp announced a $1.2 billion loss, which was much worse than expected.
Jul 26, 2012 If debt-ridden municipalities begin walking away from their financial obligations the way homeowners once did, such strategic defaults could wreak havoc for municipal bond holders.
Jul 18, 2012 The Southern California city considers bankruptcy, after the departure or collapse of successive industries left it unable to pay for fire, police and other services.
Jul 11, 2012 The allegations against brokerage firm Peregrine Financial shed light on weak regulations of the futures industry. Analysts point to MF Global missing funds similarities.
Heidi N. Moore
Jul 11, 2012 Brokerage firm Peregrine Financial is liquidating amid allegations that it defrauded customers and lied to federal regulators.