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As Netflix and Redbox Raise Prices, Blockbuster Boldly Tries to Steal Away
Blockbuster has had a miserable couple of years, closing thousands of movie rental stores, entering bankruptcy, and generally serving as one of the recession era's biggest business flop stories.
Updated: 10/31/2011 08:00A
Crystal Cathedral Hopes for Miracle at 11th Hour
A week after the board of Orange County's landmark Crystal Cathedral megachurch approved a California university's offer to purchase church property and end its bankruptcy crisis, the leadership is still
Updated: 10/31/2011 07:50A
MF Global 'is set for Chapter 11'
MF Global is set to enter Chapter 11 bankruptcy protection after unveiling $6.3bn (£4bn) of exposure to eurozone debt, reports have said. The US brokerage, which has 2000 staff worldwide including 600 in London, is said to be planning to sell its
Updated: 10/31/2011 07:49A
Transdel - The 2011 Biotech Graveyard
Scoop: After 13 years in the biotech business, Transdel filed for bankruptcy this June, following a disappointing funding attempt. Transdel had been on rocky financial footing for a while. According to Sign On San Diego, the pharmaceutical and
Updated: 10/31/2011 07:47A
5 Stocks to Watch: MF Global, Humana
NEW YORK (TheStreet) -- MF Global(MF) was close to a deal to file for Chapter 11 bankruptcy protection as soon as Monday and sell assets to Interactive Brokers Group(IBKR), The Wall Street Journal reported,
Updated: 10/31/2011 07:47A
MF Global 'set for Chapter 11 bankruptcy protection'
MF Global is set to enter Chapter 11 bankruptcy protection after unveiling $6.3bn (£4bn) of exposure to eurozone debt, reports have said. The US brokerage, which has 2000 staff worldwide including 600 in London, is said to be planning to sell its
Updated: 10/31/2011 07:46A
With frantic sales talks failing, Corzine's MF Global preps for bankruptcy filing
Besieged broker MF Global is expected to file for bankruptcy today after a frantic effort over the weekend by CEO John Corzine to strike an out-of-bankruptcy appeared to come up came up short, The Post has learned.
Updated: 10/31/2011 07:35A
MF Global Shares Suspended, Bankruptcy Deal
The law firms could not be reached immediately for comment. A number of interested parties were considering several possible deals, including buying all or parts of MF Global, said the source, who requested anonymity. "The goal is squarely for some
Updated: 10/31/2011 07:32A
Beacon Power Corp Files for Bankruptcy
The portfolio includes “green energy” loans like the one given to Solyndra and Beacon Power, as well as loan guarantees for new nuclear plants and grants and loans for technology used in energy-efficient vehicles. Beacon Power developed new technology
Updated: 10/31/2011 07:31A
Barclays, Credit Suisse, AT&T, Standard Bank in Court News
Societe Generale SA sued Associated Newspapers Ltd., publisher of the Daily Mail and Mail on Sunday, for defamation over an article saying the bank might need a bailout. Societe Generale, France's second biggest bank, filed a claim at London's High
Updated: 10/31/2011 07:29A