Bankruptcy

DETROIT (AP) — Lawyers jammed a courtroom Wednesday for the first hearing in Detroit’s bankruptcy case, as a judge set out to decide whether anxious…

    Aretha Franklin says Detroit’s future is bright. The Detroit native, known as the “Queen of Soul,” is reacting to her city’s bankruptcy. In…

Detroit’s historic bankruptcy filing is “unconstitutional” and must be withdrawn, according to rulings filed Friday afternoon. Ingham County Circuit Judge Rosemarie Aquilina said that Detroit’s…

After driving the company into bankruptcy, getting rid of 18,000 jobs, and sending the snack world into a frenzy a judge ruled that it was…

The TLC singer almost lost her home in 2008 when she failed to make the mortgage payments on time … but was able to keep…

Just a few months before Gabby Douglas won her gold medal — and opened the door to countless opportunities that will undoubtedly score her millions…

via BBC News Eastman Kodak has said it has “no intention of filing for bankruptcy”. The struggling US camera and printing group’s comments came after it confirmed it had hired a law firm well-known for handling bankruptcy protection cases, Jones Day. Kodak said it was “not unusual for a company in transformation to explore all […]

Hollywood — Looks like the hits (of a different sort) keep on coming for Toni Braxton. Having just announced the pickup of a reality show, ‘Braxton Family Values,’ comes more news from the ‘Un-break My Heart’ singer.