OxyContin heirs find buyer for $6.5M Manhattan condo—take a look inside
The average price for a New York City condo was $1.95 million in 2018.
Bankruptcy
How will Purdue Pharma's bankruptcy affect pending litigation?
What happens to the more than 2,000 lawsuits that are still pending against the company, and what does this mean for the federal trial scheduled to begin next month?
Movers & Shakers: Sept. 16, 2019
The stories moving the markets and shaking up the world.
Purdue Pharma files for bankruptcy as part of settlement
The filing was anticipated before and after the tentative deal, which could be worth up to $12 billion over time, was struck.
Fake house flipper spends investor’s cash on Porsche, Rolex and gambling spree
The former real estate broker was sentenced to more than five years in federal prison.
Purdue Pharma reportedly facing 'free-fall' bankruptcy amid settlement talks
The company is seeking protection by the end of the month if it fails to reach a settlement over its alleged role in the U.S. opioid crisis.
Could Barneys be saved from bankruptcy by online retailer?
Barneys filed for Chapter 11 bankruptcy on Aug. 6.
Coal mogul Richard Gilliam donates $1M to ex-Blackjewel miners whose paychecks bounced
The Richard and Leslie Gilliam Foundation’s donations will be dispersed in the form of $2,000 checks to more than 500 coal miners across Kentucky and Virginia.
Charming Charlie to shutter all 261 stores after filing Chapter 11 bankruptcy
Fashion accessories retailer Charming Charlie filed for Chapter 11 bankruptcy Thursday and will shutter all of its 261 stores.
Trump says he didn’t use banks because he didn't ‘need their money’
President Trump refuted reports that few banks wanted to lend money to him following a series of corporate bankruptcies and defaults starting in the early 1990s in a series of tweets Thursday.
Firearms distributor files for bankruptcy, says gun sales dropped when Trump became president
United Sporting Cos, a firearms distributor, has filed for bankruptcy protection Monday after the company said sales were hit after President Trump was elected over Democratic presidential candidate Hillary Clinton.
Sears is suing former boss and new owner Eddie Lampert. Here’s why
The suit, which also names Steven Munchin, alleges Lampert stripped the iconic retailer of $2B in assets ahead of its bankruptcy.
AAF files for bankruptcy, discloses $48M in liabilities
The AAF said it has less than $540,000 in cash on hand.
Toys R Us' real estate arm exits bankruptcy with new name
The firm will now be called Hill Street Properties after previously operating as Toys R Us Property Co., or PropCo.
Sears sued by Stanley Black & Decker over Craftsman brand
In a suit filed in Manhattan federal court, Stanley Black & Decker alleges that Sears breached a limited licensing agreement to sell Craftsman-brand products.
PG&E extends deadline for board nominations
Investors will now have until March 1 to nominate director candidates.
Have a Payless gift card or credit? You only have a few weeks left to use it
The bankrupt shoe retailer said it will honor them through March 11.
Eddie Lampert's new plan for Sears, including possibly going public
The hedge fund manager wants to shrink stores and sell less apparel.
5 PG&E directors to remain in revamped board
The utility said it also expected the board to include 11 independent directors by the time of the meeting.
Sears back in court as employees tell the judge not to 'be a pawn in Lampert's game'
Both current and former Sears and Kmart are sick of their jobs "being tossed around like a volleyball."