Shipping company pleads guilty in molasses spill that killed marine life in Honolulu Harbor
A shipping company pleaded guilty plea Friday to criminal charges from a 1,400-ton molasses spill in Honolulu Harbor that killed more than 26,000 fish and other marine life, but a federal judge said he wants to examine the legality of $600,000 in community service payments the company has agreed to pay.
Music producer who once worked with big names is convicted in NY of defrauding investors
A music producer who once worked with stars including Kenny G and Whitney Houston was convicted Friday of ripping off investors in gold and diamonds with a multimillion-dollar Ponzi scheme.
Biofuel firm KiOR denies ex-director's claims as $69.4M debt to Mississippi nears due date
A former director of biofuel maker KiOR says he tried to warn other board members about problems with KiOR's technology to turn wood chips into an oil substitute, claims that could damage the company's defense in shareholder lawsuits and a Securities and Exchange Commission investigation.
Kentucky business unspooled as feds investigated, closed in on charges of deals with China
Louis Joseph Brothers used sales of military-grade electronics to Hong Kong to boost the revenue for his business, then resigned from the company he founded when federal investigators started questioning the sales and the company fell apart.
Ex-lobbyist, developer Whittemore reports to minimum security work camp to serve 2-year term
Former Nevada lobbyist and developer Harvey Whittemore surrendered to a minimum-security prison on the central California coast Wednesday to begin serving a two-year sentence for making illegal campaign contributions as his lawyers prepare to argue his case before a federal appeals court.
Truck-stop co. owned by Cleveland Browns owner, Tenn. governor, won't face criminal charges
The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam may have put the worst behind it after federal attorneys agreed not to prosecute Pilot Flying J for cheating customers.
Former Qualcomm executive gets 18 months in federal prison, $500,000 fine for insider trading
San Diego federal prosecutors say a former Qualcomm Inc. executive has been sentenced to 18 months in prison and fined $500,000 for insider trading.
Ohio, Pennsylvania regulators oppose Patriot Coal reorganization plan, cite pollution issues
Ohio and Pennsylvania regulators say Patriot Coal's reorganization plan does not adequately address the company's obligations to clean up mine pollution.
Union rallies outside Patriot Coal headquarters in West Virginia over pension, health benefits
Busloads of United Mine Workers of America miners and retirees roared in protest outside Patriot Coal headquarters Monday, as the bankrupt company looks to nix a union contract that includes pension contributions and health benefits.
After bankruptcy, Kodak's massive campus takes on a fresh role: startup landlord
Kodak had buildings and infrastructure to rival a small city on its mega campus when film faded from in-demand to dinosaur with the rise of digital photography.
Storied gun maker Colt files for Chapter 11 bankruptcy, plans to sell company
Gun maker Colt Defense LLC filed for chapter 11 bankruptcy late Sunday, allowing for a quicker sale of operations in the U.S. and Canada.
Bankruptcy judge says Caesars can demolish Harrah's casino in Mississippi, despite objections
A Chicago bankruptcy judge has blessed plans to dismantle the former casino at the shuttered Harrah's complex in Mississippi's Tunica County.
Caesars seeks bankruptcy court approval
A division of Caesars Entertainment Corp. is asking a federal bankruptcy judge for permission to "dismantle and liquidate" part of its shuttered Harrah's casino complex in Mississippi's Tunica County.
Shareholder representing 4 funds seeks $8B General Motors stock buyback, seat on board
A General Motors stockholder representing four investment funds has told the company he'll run for its board and will propose an $8 billion stock buyback in 2016.
Quirky in-flight catalog SkyMall files for bankruptcy as passengers find new distractions
Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters.
Bankruptcy judge approves Wisconsin company's purchase of shuttered Maine paper mill
A bankruptcy court judge on Friday approved the $10.5 million sale of a shuttered paper mill to a Wisconsin company that wants to reopen it and bring back about 200 workers by year's end.
CEO who led American Airlines through bankruptcy reorganization joins Wal-Mart board
The executive who led American Airlines successfully through bankruptcy reorganization but did not remain long after a huge merger with another carrier has joined the board of Wal-Mart.
After filing for bankruptcy, GT Advanced says SEC is conducting an inquiry into its business
Sapphire materials maker GT Advanced Technologies, which filed for Chapter 11 bankruptcy reorganization in October, said Thursday that the Securities and Exchange Commission has opened an inquiry into its business.
Maker of sapphire glass for iPhones wants to shut down Mesa factory touted as big job creator
A manufacturer of sapphire glass that Apple Inc. uses in iPhones told a bankruptcy court Friday that it wants to shut down a Mesa factory that was once touted as a big job creator for Arizona.
Cutler attacks LePage over Great Northern Paper deal, says taxpayers on hook for $15.9 million
Independent governor's race candidate Eliot Cutler accused Republican Gov. Paul LePage on Tuesday of leaving taxpayers on the hook for $15.9 million over seven years with a failed deal that aimed to save a pulp and paper manufacturer that recently filed for bankruptcy.