Drug retailer Rite Aid files for bankruptcy, gets $3.45 billion commitment
Rite Aid filed for Chapter 11 bankruptcy on Sunday, a move that would halt lawsuits the drugstore chain
2023-10-16 12:59
Rite Aid files for bankruptcy
Rite Aid filed for Chapter 11 bankruptcy protection Sunday, after being embroiled in legal battles for allegedly filling unlawful opioid prescriptions.
2023-10-16 11:15
Top US bankruptcy judge resigns amid ethics inquiry
By Dietrich Knauth and Nate Raymond U.S. bankruptcy Judge David Jones in Houston has resigned after a federal
2023-10-16 04:29
Top US bankruptcy judge steps back from major cases under ethics review
By Dietrich Knauth NEW YORK U.S. Bankruptcy Judge David Jones in Houston, who has overseen more major Chapter
2023-10-14 02:54
UAW says no additional strikes at automakers, but ready to add workers to picket lines
UAW President Shawn Fain said the union would not expand its strike against the Big Three automakers on Friday, but that the UAW stood ready to add more workers to the picket lines at any time as its labor action enters a new phase.
2023-10-13 22:54
Citigroup profit holds steady as investment banking fees jump
By Manya Saini and Tatiana Bautzer NEW YORK Citigroup's profit was broadly steady in the third quarter, fueled
2023-10-13 20:25
Aussie lender ANZ loses case over troubled 2015 share placement worth $1.6 billion
Australia's ANZ Group acknowledged a Federal Court decision that said the bank should have advised the market of
2023-10-13 15:23
Flexport to cut 20% of staff one month after CEO shakeup
Supply chain management company Flexport said it plans to lay off 20% of its workforce on Friday, just one month after a messy CEO transition that played out, in part, on social media.
2023-10-13 08:17
Billionaire CEO demands UPenn leaders quit and donations halt over alleged failure to address antisemitism on campus
Wall Street CEO Marc Rowan is calling for the leaders of the University of Pennsylvania to resign and donors to close their checkbooks over an alleged failure to condemn antisemitism and hate.
2023-10-13 01:27
Citigroup's board to meet in Singapore for the first time since 2011
SINGAPORE Citigroup Inc said on Thursday that its board of directors will meet in Singapore for the first
2023-10-12 14:46
Mallinckrodt gets approval for restructuring, $1 billion cut to opioid settlement
By Dietrich Knauth Drugmaker Mallinckrodt on Tuesday received court approval for a bankruptcy plan that cuts $1 billion
2023-10-11 01:58
Exxon-Pioneer tie up could squeeze US shale oil suppliers, pipelines
By Arathy Somasekhar HOUSTON Top U.S. oil producer Exxon Mobil's planned acquisition of the No. 1 Permian shale
2023-10-10 01:49